After Years of Growth, Is Midstream Capex Peaking?
Capital spending has been a hot topic across energy as investors focus on returns and free cash flow generation. The challenge for midstream companies continues to be balancing fiscal discipline with...
Private Equity Continues to Bet Big on Midstream
Private equity involvement in energy infrastructure is nothing new, but private equity funds have shown considerable interest in midstream so far this year. Today, we will examine the positives and...
Midstream Credit Ratings: Making the (Investment) Grade
Who is making the (investment) grade in midstream? Today, we look at credit ratings for the broad North American midstream universe as well as the weightings of companies with investment-grade credit...
19 for ’19: Midstream EBITDA Guidance Reflects Strong Outlook
Can an investor have growth and attractive income in one investment? With midstream, the answer is yes based on 2019 EBITDA guidance for nineteen companies. Midstream’s expected growth and how it...
Natural Gas Prices Go on a Wild Sleigh Ride but Production Up and to the Right
While oil prices have been making headlines, natural gas prices recently awakened from a “long winter’s nap,” moving up nearly 50% in November before pulling back 27% from their recent peak. Today,...
MLPs and Midstream: Defense Wins in a Tough Oil Tape
Today, we look at MLP and midstream performance relative to crude and other sectors of energy as oil prices have retreated. We also discuss some of the tailwinds working in midstream’s favor and...