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...
3Q18 MLP Distribution Recap: With 3Q Cuts Behind Us, How Will Current Trends Affect Future Distributions?
While many MLPs in the AMZ and AMZI grew their distributions for 3Q18, there were five distribution cuts, including a modest cut from a variable distribution MLP and a backdoor cut.
Water in the [Mid]Stream: How Water Flows Generate Cash Flows
You were probably taught that oil and water don’t mix, but as oil production grows, water will play an increasingly important role. Today, we look at the water services opportunity for midstream.
MLP Distribution Coverage: How and Why It’s Changed
How has distribution coverage changed over time, and what factors have impacted coverage? Today, we look at historical coverage ratios for the current constituents of the AMZI index and takeaways from...
2Q18 Recap and the Barbell Profile of MLP Distribution Growth
Most MLPs in the AMZ and AMZI grew their distributions sequentially in 2Q18, with no cuts this quarter. Nine constituents of the AMZ achieved double-digit year-over-year growth, while a similar number...
1Q18 MLP Distribution Recap: Several Growers Overshadowed by Two Cuts
While most MLPs in the AMZ and AMZI grew their distributions for 1Q18, there were two notable distribution cuts.