EQT Midstream Partners LP
MLPs: How They Operate in the Midstream Energy Industry
Most MLPs operate in the midstream energy industry. They’re mainly involved in gathering, processing, storing, and transporting energy commodities.
Options Traders Should Watch Midstream Stock Returns
EnLink Midstream rose 63.2% in the past year ending on February 6. It has the highest implied volatility of all the midstream companies that make up AMLP.
MLP Rating Updates during the Week Ending December 15
During the week ending December 15, BMO Capital Markets upgraded Magellan Midstream Partners (MMP) to “outperform,” which is equivalent to “buy.”
Which MLPs Are Leading in Distribution Growth?
MLPs’ distribution In this article, we’ll look at MLPs’ distribution growth for the latest quarter. Of 113 MLPs, 37 managed to grow their quarterly distribution based on 4Q16 earnings. Nearly 62 MLPs kept their distribution unchanged. This includes GPs (general partners) of limited partnerships and midstream C corporations. EQT GP Holdings (EQGP), Capital Product Partners […]
Why Antero Is the Favorite MLP among Analysts
Antero Midstream Partners, the midstream MLP formed by Antero Resources (AR) to provide natural gas midstream services, has 100 “buy” ratings.
Last Week’s MLP Ratings Updates
CVR Refining (CVRR), a downstream MLP involved in crude oil refining and refined products marketing, saw ratings updates and target price revisions from Barclays and UBS last week.
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%.
Analyzing Cheniere Energy’s Commodity Price Exposure
The correlation between Cheniere Energy’s stock price and crude oil (USO) resulted in a correlation coefficient of 0.87 during the past year.
Five High-Dividend Stocks You Should Watch
Let’s take a look at five stocks that are trading with high dividend yields and the risks involved with each.
Key Updates on the EQT-RICE Merger
Under EQT Corporation’s (EQT) existing ownership, the company owns a 90% limited partner interest and non-economic general partner interest in EQT GP Holdings (EQGP).
Could Antero Midstream Partners Benefit from Strong Earnings?
Antero Midstream Partners fell 6% last year. However, it had a strong start to the new year. It has risen 6.8% in 2018.
LNG and EQM: Which Midstream Companies Outperformed Last Week?
Cheniere Energy (LNG) was among the top midstream gainers last week. The stock rose 2.8% during the week.
Analyzing the Best Performing Midstream MLPs on June 25
The best performing midstream MLP on Thursday, June 25 was Western Gas Partners (WES). It rose 0.5% yesterday. However, it’s close to its 52-week low.
Last Week’s Worst MLP Performers
Summit Midstream Partners (SMLP), a midstream MLP mainly involved in natural gas gathering, processing, and compression, was the worst MLP performer last week.
Gauging EQT Corporation’s Capex and Free Cash Flow Trends
Let’s take a look at EQT Corporation’s (EQT) capex and free cash flow trends.
Best-Performing MLPs in the Week Ended July 13
CVR Partners (UAN) rallied 9.7% in the week ended July 13, making it the top MLP gainer for the week.
Where Does Western Gas Partners Stand Compared to Its Peers?
Western Gas Partners is lagging behind its peers in terms of operating margin.
A Review of Energy Transfer Partners’ Business Segments
ETP operates primarily through its six business segments by leveraging its huge asset base.
Natural Gas Prices Fell Last Week: Impact on Energy MLPs
Natural gas prices fell significantly after 2008. Since then, prices have generally remained low. This trend is expected to continue in the short term.
Why Magnetar Financial disposes position in EQT
The company missed on 4Q13 earnings and revenue back in February.
Midstream Stocks Approach 52-Week Lows: Time to Buy?
Several midstream stocks hit their respective 52-week lows in the last five days. Crude oil prices took a hit yesterday amid concerns over trade talks.
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.
These Five MLPs Offer up to 25% Upside Potential
NGL Energy Partners (NGL), one of the smallest constituents of AMLP, offers the highest upside potential of 25% for the next 12 months.
Midstream Stocks Were the Outperformers Last Week
On August 3–10, midstream stock TC PipeLines (TCP) saw the highest gain on our list of energy stocks. The Alerian MLP ETF (AMLP) fell 0.6%.
MLP Rating Update for the Week Ended July 27
Buckeye Partners (BPL) was downgraded by SunTrust Robinson Humphrey last week. It lowered BPL to a “sell” from a “hold.”
The Weakest MLPs in H1 2018
Dominion Midstream Energy Partners (DM), a midstream subsidiary of Dominion Energy (D), was the weakest MLP in the first half of 2018, falling 55%.
Last Week’s Biggest Losses among Energy Stocks
Between April 20 and April 27, oilfield services stock Ensco (ESV) fell the most on our list of energy stocks.
Who’s Protected from FERC’s Revised Income Tax Policy?
Midstream companies such as Kinder Morgan (KMI), Targa Resource (TRGP), and ONEOK (OKE) are taxed as C-corps, so the revised policy doesn’t apply to them.
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.
Last Week’s Biggest MLP Losers: SMLP and More
Summit Midstream Partners (SMLP), a midstream MLP mainly involved in crude oil gathering and processing and crude oil gathering, was the biggest MLP loser last week.
Why EQT Is Spinning Off Its Midstream Operations
On February 21, 2018, EQT (EQT) announced its plan to separate its midstream operations into a stand-alone entity.
Which Segment Drove Williams Partners’ 4Q17 Performance?
Williams Partners’ (WPZ) Atlantic Gulf segment posted a 4.6% YoY decline in its adjusted EBITDA during the fourth quarter.
A Sneak Peek at Williams Partners’ 4Q17 Gathering Volumes
Williams Partners, the largest natural gas gatherer in the Marcellus and Utica regions, is expected to see strong volume growth in the regions in the fourth quarter.
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.
Why Rice Midstream Partners Could See Strong 2018 Income Growth
Rice Midstream Partners (RMP) went through a rough patch in 2017 following the announcement of the EQT (EQT) merger with Rice Energy.
What Makes Viper Energy Partners among Top MLP Picks for 2018?
Viper Energy Partners (VNOM), the royalty and mineral interest owner MLP, has risen more than 40% in the past year. It was among the top MLP gainers last year.
How Do These MLPs Look in 2018?
MLPs had a strong start to the new year. The Alerian MLP Index rose 5% in the first week of 2018.
EIA Projections for Natural Gas Processing Capacity in Appalachia
Natural gas processing capacity Natural gas processing is the process of separating dry natural gas from natural gas plant liquids (or NGPL). The process involves the removal of water, carbon dioxide, sulfur, and the like because they could potentially cause mechanical issues during pipeline transit. The increase in natural gas production in the Appalachian region has therefore […]
Antero Midstream Has a 37% Upside Potential from Current Levels
Antero Midstream Partners has lost 8.4% since the beginning of this year.
These 10 MLPs Offer a Maximum Upside from Current Levels
So far in 2017, most MLPs are trading in negative territory despite strong crude oil prices. The Alerian MLP ETF (AMLP), which comprises 25 energy MLPs, has lost 16.3% year-to-date.
These MLPs Have the Highest Earnings Margins Today
In this series, we’ll assess the performances of the MLPs with the highest EBITDA (earnings before interest, tax, depreciation, and amortization) margins.
MLP Rating Updates Last Week
EnLink Midstream LLC (ENLC), the GP (general partner) of EnLink Midstream Partners (ENLK), was raised by UBS to a “buy.”
Behind Boardwalk Pipeline Partners’ Expansion Plans
Boardwalk Pipeline Partners (BWP) expects to spend $1.1 billion on expansion projects during the 2017–2019 period.
MLPs Approach Their 52-Week Lows amid Crude Oil Price Weakness
MLPs have seen a series of major sell-offs due to significant weakness in crude oil prices. The Alerian MLP ETF (AMLP) has fallen 7.5% since the beginning of June 2017.
EQT to Acquire Rice Energy in a $6.7 Billion Deal
On Monday, June 19, 2017, EQT (EQT) announced that it intends to acquire Rice Energy (RICE).
Cone Midstream’s Analyst Recommendations after Ratings Upgrade
Cone Midstream Partners (CNNX) has been upgraded by Wells Fargo from “market perform” to “outperform,” which is equivalent to a “buy.”
Why RMP Has the Highest Volume Growth Potential among Its Peers
RMP’s natural gathering volume increased 71% year-over-year in 4Q16. The increase was largely driven by the partnership’s strong third-party volume growth.
Natural Gas Prices Rose on Warm Weather: What’s the Impact on MLPs?
NYMEX near-month Henry Hub natural gas futures contracts rose last week after three consecutive weekly declines.
Western Gas and Antero Midstream Underperformed AMLP
Western Gas Partners and Antero Midstream Partners underperformed AMLP by 4.14 percentage points and 2.24 percentage points in term of the YTD returns.
ONEOK Partners in 2Q15: Volumes Benefit Operating Performance
ONEOK Partners forms 4.5% of the Global X MLP ETF (MLPA). The firm has missed EBITDA estimates for all of the last ten quarters.
How Enterprise Products Partners’ Segments Performed in 2Q15
Enterprise Products Partners’ (EPD) Natural Gas Pipelines and Services segment’s EBITDA fell 6% in 2Q15—compared to 2Q14.
Last Week’s Rise in Natural Gas Prices: What It Means for MLPs
The benchmark Henry Hub natural gas prices rose to $2.80 per MMBtu for the week ending August 7. Natural gas generates power for cooling purposes.
MarkWest-MPLX Merger: Big News for the Midstream Energy Sector
In a press release published on July 13, 2015, MarkWest Energy Partners (MWE) and MPLX LP (MPLX) announced that the two MLPs have agreed to merge.
Analyzing How Williams Partners’ Segments Performed in 1Q15
For the quarter, the Atlantic-Gulf segment’s adjusted EBITDA increased by 25.9% to $335 million—compared to $266 million for 1Q14.
Analyzing the Differences: MLPs versus C Corporations
MLPs’ tax structure is the major difference that separates them from C Corps. MLPs’ earnings aren’t taxed at the partnership level. The taxes are passed to the unitholders.