1Q20 MLP/Midstream Dividend Recap: Putting Cuts in Context
Amid commodity price volatility and depressed demand related to COVID-19, what happened to midstream distributions and dividends for 1Q20? Today’s piece details 1Q20 dividend trends across midstream...
4Q19 Midstream Distribution Coverage and Payout Ratios: Comfort Amid Macro Headwinds
Today’s piece focuses on distribution coverage for the MLPs of the Alerian MLP Infrastructure Index (AMZI) and payout ratios for both the AMZI and Alerian Midstream Energy Select Index (AMEI). The...
4Q19 MLP Distribution Recap: Positive Outlook Outweighs Cuts
Summary // After a cut-free 3Q19, four AMZ constituents cut their distributions sequentially for 4Q19. The majority of AMZ and AMZI constituents have increased their distributions on a year-over-year...
2020 Vision: What’s the Outlook for Midstream/MLP Dividends This Year?
With many investors using energy infrastructure in income portfolios, the outlook for dividends (or distributions for MLPs) comes up in almost every investor conversation. To better frame the...
Midstream Energy Battle: What Subgroup Has Performed Best in 2019?
In a challenging macro environment for the energy space, the broad midstream universe has performed defensively this year. Today, we review midstream’s performance to date and analyze some of the...
Keeping It Simple: MLPs Continue to Eliminate IDRs
Although IDRs were once a staple of the MLP space, the majority of AMZ constituents have eliminated their IDRs in recent years. Today’s piece discusses recent developments in the trend of IDR buyouts...