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...
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...
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...
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...
4Q19 MLP Distribution Recap: Positive Outlook Outweighs Cuts
Summary // After a cut-free 3Q19, four AMZ constituents cut their distributions sequentially for 4Q19. The majority of AMZ and AMZI constituents have increased their distributions on a year-over-year...
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...