Do Not Buy Any MLP - Now Or Ever

04:23pm, Friday, 20'th Mar 2020
MLPs have seen a major price crash, but there is little reason to expect a recovery. Even without considering OPEC and Russia's spat, fundamental headwinds will

SteelPath March MLP Update And News

09:45am, Friday, 20'th Mar 2020
Midstream MLPs, as measured by the Alerian MLP Index, ended February down 15.1% on a price basis and down 14.0% once distributions are considered. Spot West Tex
For AMZI constituents, the relatively low principal maturing this year provides some cushion for MLPs to adjust to volatile market conditions and take a patient

Midstream Elephants Coming Home To Roost

10:40am, Wednesday, 18'th Mar 2020
The number of midstream companies with more than $2bn in market cap is down from 62 in 2014 to just 21 after last week's carnage. When the forced selling abates
Midstream MLPs are better positioned for this downturn than in 2014, and distributions may be more resilient than in the past given the more sustainable busines
Since the challenging environment of 2014-16, the midstream space has spent the last few years improving its positioning for the next potential downturn, includ

Oil & Gas MLPs: Why Such A Sell-Off

06:26pm, Thursday, 05'th Mar 2020
If you have built an MLP portfolio in the past five years, chances are you feel like you are using dollar bills to fuel your furnace. If an MLP is reporting goo
The initial equity market impact was largely concentrated among energy-related equities but has spread to broad markets globally. Despite the equity market vola
Higher distribution coverage ratios can give investors comfort around the ability of MLPs to afford their distributions and reflect the greater resilience of ML
After a cut-free 3Q19, four AMZ constituents cut their distributions sequentially for 4Q19. The majority of AMZ and AMZI constituents have increased their distr
National financial adviser Frenkel Topping has created a new joint venture with law firm Horwich Cohen Coghlan. As an IFA, Frenkel Topping focuses on vulnerable clients, while Horwich’s focus lies i

SteelPath February MLP Update And News

10:22am, Sunday, 16'th Feb 2020
In January, the master limited partnership sector saw two more companies eliminate incentive distribution rights and the beginning of Q4 earnings season. In our
Some of the largest US and Canadian midstream companies are guiding to robust annual dividend growth in 2020. The midstream space can be divided almost equally

MLP Monthly Report: January 2020

06:03pm, Thursday, 16'th Jan 2020
Tallgrass Energy LP entered into a definitive merger agreement with Blackstone Infrastructure Partners (Blackstone) and its affiliates. The Organization of the
First Trust Energy Income and Growth Fund (the "Fund") (NYSE American: FEN) has declared the Fund's regularly scheduled quarterly distribution of $0.58 per share. The distribution will be payable on J
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