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Midstream Stocks with High and Low Implied Volatilities

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Midstream stocks with high implied volatilities

As of August 1, 2016, Enable Midstream Partners (ENBL) had the highest implied volatility at 61.8% among all of the midstream companies. Its 15-day average implied volatility was 51.3%. Its current volatility is ~20.5% more than its 15-day average.

Now, let’s take a look at other midstream stocks’ volatilities as of August 1, 2016:

  • NGL Energy Partners (NGL) – 54.5% (5.1% more than the 15-day average)
  • Crestwood Equity Partners (CEQP) – 52.2% (7.7% less than the 15-day average)
  • Summit Midstream Partners (SMLP) – 51.1% (10.3% more than the 15-day average)
  • Dominion Midstream Partners (DM) – 48.2% (4.6% more than the 15-day average)
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Midstream stocks with the lowest implied volatilities

On August 1, 2016, Spectra Energy Partners (SEP) had the lowest implied volatility among all of the midstream companies. Its implied volatility was 20.0%. Its 15-day average implied volatility was 22%. Its current implied volatility was 9.2% less than its 15-day average.

Let’s look at some other midstream stocks with low implied volatilities as of August 1, 2016:

  • Magellan Midstream Partners (MMP) – 21.1% (at par to its 15-day average)
  • Enterprise Products Partners (EPD) – 22.6% (at par to its 15-day average)
  • Buckeye Partners (BPL) – 24% (8.3% more than the 15-day average)
  • EQT Midstream Partners (EQM) – 26.4% (5.4% less than the 15-day average)

In the next part of our series, we’ll look at the returns of midstream stocks with high and low implied volatilities.

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