With the collapse in oil prices sending shockwaves through the energy sector in March and April, midstream has stood out for its relative resilience. Watch our three-minute update video for a discussion of some of the key factors driving defensive midstream performance, including more stable cash flows. The relative stability of the midstream business model has allowed many companies to maintain attractive payouts, as the space continues to offer investors healthy income in addition to diversification and real asset exposure. Related links: Midstream Dividend Update: More Maintaining Than Cutting Comparing Forward Estimate Revisions, MLPs/Midstream Stand Apart Insights at a Glance: Highlighting MLP/Midstream’s Fee-Based Exposure in Today’s Tough Tape Addressing MLP Investor Questions as Oil Falls: Distributions, Leverage, and Counterparty Risk Insights at a Glance: Updating MLP Yield Scenario Analysis and Midstream Insider Buying
How will midstream fare in the new decade? Watch our three-minute 2020 Midstream Outlook video for a recap of 2019 and a look ahead to some key trends for this year, including growing energy production and exports, free cash flow generation, and potential catalysts.
With the dog days of summer coming to a close, what should midstream and MLP investors know before we head into the fall? Watch this short video for a recap of 2Q19 results, recent M&A activity, company-level improvements, and potential catalysts for the rest of the year.
In this mid-year video update, we recap midstream’s strong start to 2019 and discuss what may be in store for this summer. Before you head out for vacation, watch this short video (only 3 minutes!) for a recap of 1Q19 results, private equity’s involvement in the space, midstream valuations, and potential performance drivers for the coming months. Related links: BPL: What does Buckeye’s Buyout Mean for MLPs and Midstream? Private Equity Continues to Bet Big on Midstream 1Q19 MLP Distribution Recap: Outlook Improving in Spite of Cuts
Related links: Bye, Bye, Bye (MLPs) Revisited: MLP Consolidation Entering Late Innings MLPs and Midstream: Defense Wins in a Tough Oil Tape