Look Down(stream): What Midstream Can Learn from Refiners about Free Cash Flow and More
Alerian examines the strategic parallels between refining and midstream and discusses what energy infrastructure companies can learn from their downstream peers in regard to free cash flow and...
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...
3Q19 Distribution Recap: MLPs Pull Off the Clean Sweep
Summary // For the first time in over a year, no AMZ or AMZI constituent cut their distribution sequentially. The majority of AMZ and AMZI constituents grew their 3Q19 distributions on a...
MLP 2Q19 Distribution Coverage and Payout Ratios Provide Peace of Mind
Is the health of MLP distributions keeping you up at night? Should it be? Today’s post looks at distribution coverage and payout ratios for the 22 constituents of the Alerian MLP Infrastructure Index...
2Q19 MLP Distribution Recap: Trending in the Right Direction
Most AMZ and AMZI constituents grew their 2Q19 distributions sequentially and on a year-over-year basis. A clean quarter from the AMZI overshadowed the impact of a single distribution cut in the AMZ.
Have MLPs and Midstream Actually Reduced Leverage?
Reducing leverage has been a theme across midstream for some time, but have midstream MLPs and C-Corporations actually delevered? Today, we examine leverage metrics from 2016 to 2018 for the current...