2Q Earnings Review: Politics, (E&P) Religion, and More
Earnings season was particularly eventful this quarter for midstream and broader energy. Operational outlooks were in focus as the macro recovery continues, but renewables and the election were other...
Dominion News: Buffett Buys Gas Infrastructure, ACP Cancelled
While holiday weekends are normally quiet, Dominion Energy (D) made a splash on Sunday by announcing a ~$10 billion sale of natural gas infrastructure to Berkshire Hathaway (BRK.A) and the...
Going Green: Oil & Gas Dips its Toes Into Renewables
Renewables are continuing to gain traction globally as power providers and policymakers prioritize low-carbon energy in order to combat climate change. Some traditional oil and gas companies are...
Midstream 2020 EBITDA Guidance Updates Highlight Stability
For midstream investors, updated 2020 financial guidance has been highly anticipated – much more than actual 1Q20 results. With producers dropping rigs and curtailing production in the current oil...
Comparing Forward Estimate Revisions, MLPs/Midstream Stand Apart
With oil prices down over 70% this year through Friday, investors would likely expect significant cuts to analyst projections for 2020 and 2021 EBITDA estimates across energy. However, that has not...
Canadian Midstream Remains Resilient, Outperforms US Peers
As discussed yesterday, Canadian midstream companies now represent the bulk of the North American energy infrastructure universe by market cap. Despite a pressured Canadian macro environment, these...