iShares Russell 1000 Pure US Revenue ETF
MPLX Is Trading at Attractive Yield of 8.5%
MPLX’s average yield for the last five years is ~5.6%.
Will Andeavor Logistics’ Acquisition Support MPLX Stock?
MPLX (MPLX) has underperformed its midstream peers so far in 2019. The stock is up only ~1% so far in 2019.
MPLX to Acquire ANDX to Create a Large Midstream Company
On May 8, Marathon Petroleum (MPC), MPLX LP (MPLX), and Andeavor Logistics LP (ANDX) announced that MPLX would acquire ANDX.
Top Midstream Stocks Offer Yields above 7%
Let’s take a look at midstream stocks trading at attractive yields. The stocks have a market capitalization of over $5 billion and yields over 7.0%.
ET, CVRR, and DM: Top MLP and Midstream Losses Last Week
Energy Transfer (ET) was one of the few midstream stocks that fell last week. Energy Transfer fell 3.1% last week.
High-Yield MLPs: What Wall Street Recommends
Energy Transfer (ET) stock was rated a “strong buy” or “buy” by 88% of analysts surveyed by Reuters.
7 MLPs Offering a Yield above 7%
MLPs are performing well in 2019. In this series, we’ll take a look at MLPs trading at a yield higher than 7%.
ANDX Completes Its $1.55 Billion Dropdown in Q2 2018
Acquisitions and dropdown opportunities continued to drive positive earnings growth for Andeavor Logistics (ANDX) during the second quarter.
These Midstream Players Have Created Maximum Wealth for Investors
In this series, we’ll look at the historical outliers in midstream energy, which have generated massive wealth amid turbulent times.
What Drove Andeavor Logistics’ Strong Earnings Growth in 1Q18?
Andeavor Logistics (ANDX), a midstream MLP subsidiary of Andeavor (ANDV), reported adjusted EBITDA of $273 million in 1Q18.
Genesis Energy Is Trading at a Discount despite Strong Earnings
Genesis Energy is expected to post 27.4% YoY EBITDA growth in the first quarter of 2018 compared to 1Q17.
Andeavor Logistics’ Long-Term Earnings Growth Expectations
Analysts expect Andeavor Logistics (ANDX) to have adjusted EBITDA of $282.1 million in 1Q18 compared to $210 million in 1Q17.
Top Earnings Growth Expected from Midstream Companies in 1Q18
In this series, we’ll look at the top ten midstream companies based on earnings growth expectations for 1Q18.
Why Are Institutional Investors Bullish on Andeavor Logistics?
CIBC Atlantic Trust Private Wealth Management and Alps Advisors added a major position in Andeavor Logistics (ANDX) during the recent quarter.
What Drove Andeavor Logistics’ Strong Earnings Growth in 4Q17?
Andeavor Logistics (ANDX) (formerly Tesoro Logistics Partners), a midstream MLP subsidiary of Andeavor (ANDV), posted strong earnings growth during 4Q17.
EQT Midstream Partners Posted 20.0% Earnings Growth in 2017
EQT Midstream Partners posted a strong 18.0% YoY (year-over-year) rise in its EBITDA during the most recent quarter.
What’s behind Phillips 66 Partners’ 58% Earnings Growth in 4Q17?
Phillips 66 Partners (PSXP) reported its 4Q17 results on February 2, 2018.
MLP Rating Updates during the Week Ending January 26
Crestwood Equity Partners was upgraded by Capital One Securities to “overweight” in the week ending January 26, 2018.
Institutional Investors Are Bullish on ANDX and PSXP
The top ten institutional investors in PSXP together added net 5.2 million PSXP shares to their positions.
ANDX, HEP, and PBFX: Stocks Yielding Higher than 7%
Phillips 66 Partners (PSXP) increased its 3Q17 distribution to 64.6 cents per unit, which represents year-over-year distribution growth of 22.0%.
PSXP, HEP, PBFX, ANDX: What’s Driving Their Earnings Growth?
Phillips 66 Partners’ EBITDA rose 51.0% YoY (year-over-year) to $168.0 million in 3Q17 compared to $111.0 million in 3Q16.
Why Andeavor Logistics Has Risen 11% in January 2018
Andeavor Logistics (ANDX) has risen 11.0% so far in January 2018. In comparison, Phillips 66 Partners (PSXP) has risen nearly 1.0%.
Shell Midstream Partners Is Top MLP Pick despite High Leverage
Shell Midstream Partners (SHLX) traded in negative territory for most of 2017. It has recovered slightly over the past month.
Analysts’ Views on BPL, NS, EEP, and ANDX
Andeavor Logistics In this article, we’ll look at analysts’ recommendations for Buckeye Partners (BPL), NuStar Energy (NS), Enbridge Energy Partners (EEP), and Andeavor Logistics (ANDX). ANDX has the most “buy” ratings among the selected peers, which may reflect its low commodity price exposure, strong sponsor support, and strong distribution growth. Of the analysts covering Andeavor […]
BPL, NS, EEP, ANDX: Which Has the Highest Implied Volatility?
Implied volatility Enbridge Energy Partners (EEP) has the highest implied volatility among the four peers we’re looking at in this series, and its current implied volatility of 32.2% is higher than its 15-day average of 31.3%. EEP is followed by NuStar Energy (NS), which has volatility of 29.0%. Buckeye Partners (BPL) has slightly lower implied volatility, […]
NuStar Energy Has the Highest Leverage among Peers
Leverage comparison NuStar Energy (NS) has the highest leverage among peers. Its net debt-to-EBITDA (earnings before interest, tax, depreciation, and amortization) ratio stood at 6.1x at the end of 3Q17. Its leverage has risen over the last few quarters due to lower earnings and increased borrowing related to its Navigator Energy acquisition. NuStar Energy’s high leverage remains a major concern […]
BPL, NS, EEP, ANDX: Distribution Growth Guidance
Historical distribution Buckeye Partners (BPL) declared a flat distribution of $1.26 per unit in 3Q17 after 18 consecutive quarters of distribution growth. NuStar Energy (NS) declared a flat distribution of $1.10 per unit for a 25th consecutive quarter. Enbridge Energy Partners (EEP) also declared a flat distribution in 3Q17, of $0.35 per unit, which represents […]