RECENT MLPs RESEARCH
In this series, we’ll look at the ten MLPs most correlated with crude oil amid crude oil price volatility.
Kinder Morgan (KMI) is expected to report its 3Q17 earnings on October 18, 2017.
Kinder Morgan’s Gulf Coast Express Pipeline project is designed to move 1.7 million dekatherms per day of gas from the Permian to the Texas Gulf Coast.
Last week, MLPs continued to rally for the second consecutive week despite a correction in crude oil.
Enbridge Energy Partners (EEP) has severely underperformed its peers in 2017.
Of the four royalty interest owner MLPs, DMLP and KRP have market capitalizations below $500 million. Here, we’ll compare the other two: VNOM and BSM.
MLPs had a strong start to the week ended September 29 due to the strong rally in crude oil prices. These gains were slightly offset by a decline during the latter half of the week.
Antero Midstream Partners, Viper Energy Partners, and Hoegh LNG Partners have the most “buys” among all the publicly traded limited partnerships.
Williams Companies (WMB) has been sluggish in recent trading sessions despite the recent gains in crude oil and natural gas.
Energy Transfer Equity (ETE) has risen 3.4% over the last month, ending September 27. At the same time, the Alerian MLP ETF (AMLP), which comprises 25 energy MLPs, has risen 3.0%.
EnLink Midstream Partners (ENLK) has risen 7.5% in the past month following a massive correction in August 2017.
MLPs were weak despite crude oil gains in the week ending September 22. Crude oil rose above $50 per barrel and stayed there at the end of the week.
In this series, we’ll find out whether Cheniere Energy can gain upward momentum from here.
Midstream companies’ capital spending picked up in 2017 due to ongoing projects, the postponement of 2016 capital spending, and the addition of new projects.
Kinder Morgan (KMI) fell 0.5% in the week ending September 22, 2017. In comparison, the Energy Select Sector SPDR ETF (XLE) rose 2.1%.
ONEOK is trading at dividend yield of ~5.3%—higher compared to ~2.6% for Kinder Morgan (KMI) and ~4.9% for Magellan Midstream Partners (MMP).
In this series, we’ll discuss the ten MLPs with the highest yields. We’ll compare the yields they offer, the reasons for the high yields, and if the yields are attractive considering the risks involved for each of these MLPs.
The four MLP partners we’ll compare in this series are Energy Transfer Equity, Western Gas Equity Partners, Plains GP Holdings, and Williams Companies.
Kinder Morgan (KMI) rose 1.1% in the week ended September 15, 2017.
MLPs had a strong start last week, driven by the crude oil rally. However, these gains were slightly offset by a decline on Friday.