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...
What about MLPs’ Refiner Customers?
With so much focus on the financial health of midstream’s customers that produce oil, it is easy to forget that many MLPs have significant exposure to refiners – and not just those MLPs with refiner...
Midstream 2020 EBITDA Guidance Updates Highlight Stability
For midstream investors, updated 2020 financial guidance has been highly anticipated – much more than actual 1Q20 results. With producers dropping rigs and curtailing production in the current oil...
Revisiting Private Equity Involvement in Midstream
Private equity involvement in midstream has been well documented in recent years and has served as a catalyst at times, but with the collapse in oil prices, will private capital still be interested in...
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...