2Q18 Recap and the Barbell Profile of MLP Distribution Growth
Most MLPs in the AMZ and AMZI grew their distributions sequentially in 2Q18, with no cuts this quarter. Nine constituents of the AMZ achieved double-digit year-over-year growth, while a similar number...
Private Equity in Midstream – The Bad, the Good, and the Unknown
For MLPs, private equity’s involvement is a bit of a double-edged sword. PE adds another layer of competition, but on the other hand, PE’s deep pockets can be helpful.
MLPs in the Wake of Hurricane Harvey
It’s been a tough week in The Lone Star State. Our Houston neighbors have experienced the most rainfall ever recorded in the continental US. Human life is far more important than energy...
What Happened Last Week: Why the AMID/JPEP Merger Made MLP History
Bucking the trend of larger MLPs buying smaller ones, AMID and JPEP merged last week to almost no fanfare, but here’s what might drive some other “under the radar” mergers.
Understanding MLP GP Models
On the heels of the Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) simplification announcement, we’ve received many questions about MLP GP models. Today I’ll discuss the types of...
Worried About Missing the MLP Recovery Boat? Small Caps Still Have Furthest to Go
As the MLP space fell, small caps fell quickly and sharply, while large cap MLPs resisted the fall and have led the recovery. Still, no one is back to previous levels.