Midstream and MLPs: BuyBACK in Action
Buybacks have become a more prevalent topic in capital allocation conversations for midstream, reflecting the continued evolution of this space. Today, we look at why and when buybacks make sense, as...
Don’t Lose Interest: Rising Rates and MLP Debt
Discussions about debt and interest rates are not everyone’s cup of tea, but with interest rates rising, it’s important to understand how MLPs might be affected. In today’s post, we examine MLP debt...
Petrochemicals Provide Midstream Opportunities Downstream
Petrochemicals are poised to become the biggest driver of global oil demand as emerging economies mature over the next few decades. Some North American midstream companies are already taking advantage...
Back to Basics: The MLP and Midstream Investment Thesis
With no shortage of volatility in oil and the broader market recently, today we get back to the basics by revisiting the broad investment thesis for MLPs and midstream. We set aside yields and the tax...
Oil Hub Hubbub: Is Houston the New Cushing?
Energy observers have been quick to question Cushing’s relevance, given growing Permian production that largely bypasses Cushing, increasing export volumes, and new Houston crude contracts. Is Houston...
Crude Spreads Here, There, and Everywhere – What it Means for Midstream
With widened crude spreads across North America, it’s easy to make a case for the need for more pipeline infrastructure. But if crude spreads narrow in places like the Permian as pipelines start up,...