Without midstream, upstream companies would find their oil and gas stranded in the field. These companies not only appreciate multiple midstream options, but they often go so far as to own an MLP GP.
You get what you pay for. Here’s how much the CEOs of the MLPs with the best distribution growth made in 2015, and how that compensation was determined.
March may have seen a small bounce for MLPs, but it is yet to be seen if the space will unravel faster than it can knit itself back together.
February always feels like winter will never end. This is the point in the energy cycle when it feels like supply and demand will never balance. Spring, and a recovery, will eventually come.