Dominion News: Buffett Buys Gas Infrastructure, ACP Cancelled
While holiday weekends are normally quiet, Dominion Energy (D) made a splash on Sunday by announcing a ~$10 billion sale of natural gas infrastructure to Berkshire Hathaway (BRK.A) and the...
Midstream Dividend Update: More Maintaining Than Cutting
“What’s happening with dividends?” continues to be a topic of widespread interest from midstream investors. Given most dividends for 1Q20 have now been announced, today’s piece discusses how midstream...
Comparing Forward Estimate Revisions, MLPs/Midstream Stand Apart
With oil prices down over 70% this year through Friday, investors would likely expect significant cuts to analyst projections for 2020 and 2021 EBITDA estimates across energy. However, that has not...
Canadian Midstream Remains Resilient, Outperforms US Peers
As discussed yesterday, Canadian midstream companies now represent the bulk of the North American energy infrastructure universe by market cap. Despite a pressured Canadian macro environment, these...
Insights at a Glance: Market Sell-Off Turns Midstream Market Caps Upside Down
In today’s dynamic environment with constant news flow, interesting data points are easily overlooked in the flood of information. Today’s Insights at a Glance highlights one such data point, taking a...
Insights at a Glance: Not All Natural Gas Pipelines Are Equal
With the price of natural gas trading at historic lows, we wanted to discuss dynamics for natural gas pipelines. While natural gas pipelines may seem like they are all the same (i.e. steel in the...