Midstream’s 2020 Resolutions: Less Spending with a View Toward Free Cash Flow
Midstream is quickly approaching an inflection point for free cash flow generation as growth spending starts to moderate across the industry. Today’s piece examines declining midstream capital...
2020 Midstream Outlook Video
How will midstream fare in the new decade? Watch our three-minute 2020 Midstream Outlook video for a recap of 2019 and a look ahead to some key trends for this year, including growing energy...
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...
Updating the NGL Picture: Prices, Production, Exports, and More
Natural gas liquids (NGLs) have grown in importance within midstream as US production and exports have risen quickly over the last few years. This week’s Insights post provides a high-level update on...
First Steps: Introducing ESG Issues in Midstream
Summary // With ESG gaining traction broadly among the investment community, discussions around ESG have also become more prevalent in the midstream space. The growing investor interest in ESG is an...
Have MLPs and Midstream Actually Reduced Leverage?
Reducing leverage has been a theme across midstream for some time, but have midstream MLPs and C-Corporations actually delevered? Today, we examine leverage metrics from 2016 to 2018 for the current...