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...
How Will Oil Production Shut-Ins Impact Midstream?
In response to the dramatic decline in oil demand stemming from the COVID-19 pandemic and the resulting price weakness, US and Canadian oil supply is expected to fall as producers shut-in wells and...
Recapping Recent Midstream Debt Issuances
Despite the challenging environment, several companies have issued new debt or entered into new credit facility agreements in recent weeks. Today’s Insights at a Glance looks at midstream’s ability to...
Midstream Tightens Belt with Lower Capex, Project Deferrals
Well before COVID-19 and oil's price collapse, midstream was on a path to moderating capital spending from elevated levels in past years. The trend toward restrained capital spending has only...
EPD and OKE 1Q20 Earnings Recap: Stability in Uncertain Times
Last week marked the beginning of midstream earnings season, and two more large cap energy infrastructure companies held their 1Q20 earnings calls yesterday. While quarterly results may be less of a...
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...