Midstream/MLP Capex and Projects: Where’s the Growth?
A key characteristic of the energy infrastructure space in recent years has been significant capital investment to facilitate increasing US oil and gas production and exports. However, a shift in...
High MLP/Midstream Yields But Ample Coverage, Payout Ratios
Despite the lingering uncertainty in energy markets and elevated yields, 2Q20 midstream dividend payouts were stable. Continued execution and steady payouts will be needed to restore confidence in...
Steady Midstream EBITDA Outlooks Contrast with Performance
With 2Q20 midstream earnings season wrapping up last week, the focus has been primarily on the outlooks for MLPs and midstream companies with investors keyed in on the ongoing recovery in energy...
2Q Earnings Review: Politics, (E&P) Religion, and More
Earnings season was particularly eventful this quarter for midstream and broader energy. Operational outlooks were in focus as the macro recovery continues, but renewables and the election were other...
Midstream/MLP 2Q20 Dividends/Distributions Hold Steady
After a slew of cuts with 1Q20 payouts, the stability of midstream dividends and distributions for 2Q20 may have been a pleasant surprise to some, particularly in light of stubbornly high yields in...
US Oil Fundamentals Trending in the Right Direction
While hard to believe, it’s been almost four months since WTI oil prices traded in negative territory as demand was troughing and producers scrambled to shut in wells. Much has changed for the better...