Is Self-Funding an MLP Pipe Dream?
Self-funding has become a buzzword in the MLP space, but is it really translating to MLPs’ capital plans? In today’s post, we discuss the reasons MLPs are shifting towards self-funding and examples of...
The Permian: Is Producer Pain Midstream’s Gain?
Having received several questions on the Permian Basin lately, we’ll dive into what’s been going on with production and price differentials, when pipeline capacity is expected to be added, and what it...
Storage, Oil Backwardation, and Implications for MLPs
With the shift in the oil curve from contango to backwardation, storage has been more in focus lately. Today we’re discussing oil storage, oil curve backwardation, and the implications for MLPs with...
Distribution Coverage: Perhaps a Pleasant Surprise?
How do coverage ratios look for AMZI constituents? You may be pleasantly surprised at the data for 4Q17 and 4Q16.
MLP Structural Simplifications: Part 2 – IDR Eliminations
In recent years, we’ve seen MLPs move to eliminate IDRs, as several management teams have acknowledged that IDR structures become unsustainable over time. In today’s post, we look at how IDR...
After Four Years of Lagging, Could MLPs Outperform Utilities in 2018?
In case you missed it, MLPs have outperformed Utilities by over 20 percentage points since late November. Will 2018 be the year that MLPs outperform Utilities after four straight years of...