Plains All American Pipeline LP

Most Recent

  • Comparison of exchange-traded funds and exchange-traded notes
    Macroeconomic Analysis

    Comparison of exchange-traded funds and exchange-traded notes

    ETFs (exchange-traded funds) have stock-like characteristics, while ETNs (exchange-traded notes) possess bond-like traits.

    By Keisha Bandz
  • uploads///crude oil prod
    Macroeconomic Analysis

    Drop in US Crude Oil Production Supported WTI Prices

    The EIA estimates that US crude oil production fell by 40,000 barrels per day to 9.096 million barrels per day in the week ending September 25.

    By Keisha Bandz
  • uploads///forward ev to ebitda multiples
    Company & Industry Overviews

    Is ONEOK Stock Currently Overvalued?

    ONEOK (OKE) stock is currently trading at a forward EV-to-EBITDA multiple of 14.3x.

    By Rekha Khandelwal, CFA
  • uploads///WTI Brent
    Macroeconomic Analysis

    WTI–Brent Spread Continues to Diverge: Who Gains and Who loses?

    WTI (West Texas Intermediate) crude oil’s discount to Brent crude oil widened in the week ended August 14 over the previous week.

    By Keisha Bandz
  • uploads///broker recommendations
    Earnings Report

    EPD’s 3Q16 Results: Is a Recovery in Energy Coming Soon?

    On the current state of the energy industry, EPD’s CEO Jim Teague said, “We are optimistic that the energy industry has weathered the harshest part of this cycle.”

    By Rekha Khandelwal, CFA
  • uploads///whats ahead for oke stock
    Miscellaneous

    Here’s What’s Ahead for Oneok Stock in the Short Term

    Oneok’s (OKE) 50-day and 200-day moving averages might act as resistance and support, respectively, for the stock in the short term.

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Why price differential and rail competition challenge Bakken

    Although pipelines are the cost-effective way to transport crude oil, they require huge initial investment and are often impeded by regulations from the government agencies.

    By Alex Chamberlin
  • uploads///institutional ownership
    Company & Industry Overviews

    What Institutional Investors’ Activity in ONEOK Indicates

    Nearly 75% of ONEOK’s (OKE) outstanding shares are currently held by more than 800 institutional investors.

    By Rekha Khandelwal, CFA
  • uploads///paa historical growth capital investment
    Company & Industry Overviews

    Inside Plains All American’s Growth Capital Investments

    Growth capital Plains All American Pipeline (PAA) plans to spend $ 1.5 billion on growth capital projects in 2016. The company’s pipelines have increased from nearly 16,000 miles in 2009 to more than 18,000 miles in 2015. The above graph shows the historical growth capital investments in the company’s Transportation segment. The segment’s 1Q16 profit […]

    By Rekha Khandelwal, CFA
  • uploads///debt to ebitda ratio
    Company & Industry Overviews

    What Does ONEOK’s Leverage Indicate?

    For 2016, ONEOK’s (OKE) consolidated debt-to-EBITDA ratio was 5.1x. The company expects the ratio to fall to 4.7x for 2017.

    By Rekha Khandelwal, CFA
  • uploads///amz and  year treasury yield
    Company & Industry Overviews

    Are Rising Treasury Yields behind the Higher MLP Yields?

    The Alerian MLP Index is trading at a yield of ~7.9%, which is ~5% higher than US ten-year Treasury yields.

    By Rekha Khandelwal, CFA
  • uploads///anr
    Energy & Utilities

    MLP Rating Updates for the Week Ended September 1

    Last week, BMO Capital Markets raised both PAA and PAGP to outperform, which is equivalent to a “buy.”

    By Kurt Gallon
  • uploads///
    Energy & Utilities

    Before you invest in master limited partnerships, read about this risk (Part 1)

    What risk should you know about that could significantly affect MLP valuation? Read on to find out.

    By Ingrid Pan
  • uploads///US Investment Grade Bond Fund Flows
    Macroeconomic Analysis

    Investment-Grade Bond Funds Witness Largest Outflow of 2015

    Flows into investment-grade bond funds were negative for the week ended August 26, making it the fifth successive week of outflows. It was the largest outflow of 2015 so far.

    By Lynn Noah
  • uploads///how did oke fare last week
    Company & Industry Overviews

    ONEOK Stock Rose Compared to the Energy Sector Last Week

    ONEOK (OKE) rose 4.4% for the week ending March 31, 2017. In comparison, the Energy Select Sector SPDR ETF (XLE) rose 2%.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    PAA, WMB, and OKE: Midstream Stocks Rose Last Week

    Last week, Plains All American Pipeline (PAA), Williams Companies (WMB), and ONEOK (OKE) rose 2.5%, 2.3%, and 1.9%, respectively.

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Why lower crude oil price estimates impact the midstream industry

    A falling inventory indicates that WTI crude oil is moving out of the inland U.S. towards end refining markets with help from new infrastructure coming online.

    By Alex Chamberlin
  • uploads///pipeline image
    Earnings Report

    Higher Permian Volumes Drove Plains All American’s 1Q18 Results

    Plains All American Pipeline reported its 1Q18 results on May 8 after the market closed. The company reported 16% YoY growth in the adjusted EBITDA.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Company & Industry Overviews

    Top Three MLPs for Income Investors

    There’s a widespread consensus that the worst is over for the MLP sector. Savvy investors seem to be willing to give the sector a second chance.

    By Rekha Khandelwal, CFA
  • uploads///stock _
    Energy & Utilities

    MLPs Recovered Slightly amid Strong Crude Oil Gains

    US crude oil rose 8.6% last week and ended at $67.4 per barrel. Geopolitical tension increased due to the crisis in Syria.

    By Kurt Gallon
  • uploads///Gains
    Energy & Utilities

    Downstream MLPs among Top MLP Gainers Last Week

    US downstream MLPs, including Calumet Specialty Products Partners (CLMT), Alon USA Partners (ALDW), and CVR Refining (CVRR), were among the top five MLP gainers last week.

    By Kurt Gallon
  • uploads///nspc
    Energy & Utilities

    Why MLPs’ Sluggishness Continued Last Week

    MLPs’ sluggishness continued last week despite strong crude oil. The Alerian MLP Index (^AMZ), which tracks the performance of 50 energy MLPs, fell 1.2% last week.

    By Kurt Gallon
  • uploads///featured image
    Earnings Report

    Highlights from Kinder Morgan’s Fourth-Quarter Earnings

    Kinder Morgan reported its fourth-quarter earnings on January 16 after the markets closed. Kinder Morgan’s adjusted EPS grew ~19% YoY.

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Why National Fuel Gas is investing in pipeline expansions

    As we discussed previously in this series, National Fuel Gas (NFG) noted in its latest fiscal 3Q14 results that its earnings growth was driven by higher earnings in its Midstream and Upstream businesses.

    By Samantha Nielson
  • uploads///ebitda vs estimates
    Earnings Report

    PAA Fell 12% in After-Hours Trading on Potential Distribution Cuts

    Plains All American Pipeline (PAA) announced its 2Q17 results on August 7, 2017, after the markets closed.

    By Rekha Khandelwal, CFA
  • uploads///epd outperformed peers last week
    Company & Industry Overviews

    Enterprise Products Partners Outperformed Its Peers Last Week

    Enterprise Products Partners (EPD) recently announced a distribution increase for 3Q17. EPD is scheduled to report its 3Q17 results on November 2, 2017.

    By Rekha Khandelwal, CFA
  • uploads///US Investment Grade Bond Fund Flows
    Macroeconomic Analysis

    Investment-Grade Bond Funds See Outflows for 4 Consecutive Weeks

    Flows into investment-grade bond funds were negative for the week ended August 21, making it the fourth successive week of outflows. The funds saw net outflows of $1.09 billion.

    By Lynn Noah
  • uploads///stock _
    Energy & Utilities

    MLPs Rallied despite Crude Oil’s Weakness Last Week

    MLPs rallied despite crude oil’s weakness last week. The Alerian MLP Index (^AMZ) rose 2.7% during the week and ended at 269.1.

    By Kurt Gallon
  • uploads///amz and treasury yield spread
    Company & Industry Overviews

    The MLP-Treasury Yield Spread Contracted Marginally in Q3

    The yield spread between the Alerian MLP Index yield and the US ten-year Treasury yield contracted to 5.0% at the end of Q3 from 5.1% at the end of Q2.

    By Rekha Khandelwal, CFA
  • uploads///nspc
    Energy & Utilities

    MLPs Recovered Slightly in the Week Ending August 25

    MLPs recovered slightly in the week ending August 25—possibly due to an overcorrection in the first three weeks of the month.

    By Kurt Gallon
  • uploads///PAA and WTI
    Company & Industry Overviews

    Crude Oil Prices Should Drive Plains All American’s Stock Price in 2016

    The correlation between WTI prices and Plains All American’s shares has been even higher at 0.8 since the start of 2014.

    By Rekha Khandelwal, CFA
  • uploads///weekly us crude oil supply and demand
    Macroeconomic Analysis

    Crude Oil Inventories Up in Week Ended August 28: Effect on MLPs

    According to data released on September 2, US crude oil inventories rose 1.0% in the week ended August 28 compared to the previous week.

    By Rekha Khandelwal, CFA
  • uploads///Consensus vs quarterly EBITDA
    Energy & Utilities

    NuStar Energy’s 1Q14 earnings’ analysis: Higher revenues recorded

    NuStar Energy recorded total revenues of $849.2 million, or 8.1% higher than $785.3 million the company recorded in 4Q13.

    By Alex Chamberlin
  • uploads///analyst rating
    Energy & Utilities

    KMI, EPD, ETE, and OKE: Key Midstream Rating Updates

    Credit Suisse gave a “neutral” rating to Magellan Midstream Partners (MMP), ONEOK (OKE), and Sunoco (SUN).

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Overview: An introduction to Mars pipelines’ expansion program

    Mars’ mainline capacity is a 54-mile segment from the connections to Ursa and Medusa at the West Delta to the connection with the Amberjack pipeline at Fourchon, Louisiana.

    By Alex Chamberlin
  • uploads///how did oke fare last week
    Miscellaneous

    Amid the Fall in Crude Oil, ONEOK Ended Positive Last Week

    ONEOK (OKE) rose 0.5% during the week ending March 24, 2017. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 1.8% last week.

    By Rekha Khandelwal, CFA
  • uploads///KMIpress
    Energy & Utilities

    Kinder Morgan: A wide-moat stock and impressive management

    The return on shareholders’ equity, their expanding profit margins, and growth rates generated by Kinder Morgan speak to the job that management is doing.

    By CUSH Capital
  • uploads///featured image
    Energy & Utilities

    How Crude Oil Prices Could Impact Energy MLPs in 2018

    In this series, we’ll look at some of the key indicators that impact MLP performance in the long term.

    By Rekha Khandelwal, CFA
  • uploads///ebitda vs estimates
    Earnings Report

    Magellan Midstream Reported 15% Growth in 2Q17 Earnings

    Magellan Midstream Partners (MMP) reported its 2Q17 earnings on August 2, 2017.

    By Rekha Khandelwal, CFA
  • uploads///EBITDA
    Energy & Utilities

    Why is Shell expecting to increase revenue and earnings by 2015?

    Revenues from the Bengal refined pipeline operation is expected to decrease by 6% from 2013 to 2015 level.

    By Alex Chamberlin
  • uploads///Loss
    Materials

    Why PAA Was the Biggest MLP Loser Last Week

    Plains All American Pipeline (PAA) was the biggest MLP loser last week, which ended on January 19, 2018. The partnership ended the week 6.1% lower.

    By Kurt Gallon
  • uploads///KMI
    Energy & Utilities

    Must-know: Kinder Morgan’s MLP assets

    The primary cash inflows for KMI are from its general and limited partner stakes in KMP and EPB. KMI directly and indirectly owns approximately 10% of KMP.

    By CUSH Capital
  • uploads///nspc
    Energy & Utilities

    Why MLPs Saw a New 52-Week Low Last Week

    MLPs went through some carnage last week. The Alerian MLP Index (^AMZ), which tracks the performance of 50 energy MLPs, saw a new 52-week low of 258.45.

    By Kurt Gallon
  • uploads///Total Returns MLPS vs AMZI
    Macroeconomic Analysis

    Introducing the UBS ETRACS Alerian MLP Infrastructure ETN AMZIX

    The UBS ETRACS 1x Monthly Short Alerian MLP Infrastructure Total Return Index ETN (MLPS) tracks the Alerian MLP Infrastructure Total Return Index (AMZIX).

    By Keisha Bandz
  • uploads///accountant _
    Earnings Report

    MLPs’ Strong Earnings Growth Continued in 1Q18

    Master limited partnerships or MLPs saw continued strong earnings growth in 1Q18 after a solid fourth quarter of 2017.

    By Kurt Gallon
  • uploads///STOCK
    Company & Industry Overviews

    Upward Movement of Concho Resources Stock This Year

    Since the beginning of 2017, Concho Resources (CXO) has risen approximately 5.0%, outperforming the energy sector.

    By Keisha Bandz
  • Energy & Utilities

    An investor’s key guide to the propane distribution industry

    Propane is typically extracted from natural gas or separated during crude oil refining. Residential and commercial customers use propane primarily for heating and cooking purposes.

    By Keisha Bandz
  • uploads///Part
    Energy & Utilities

    Why Williams Companies Is Outperforming Peers in 2017

    Plains GP Holdings (PAGP) was the most battered last month of the four in our peer group, witnessing a new YTD (year-to-date) low of $19.8 in August.

    By Kurt Gallon
  • uploads///how did oke fare last week
    Miscellaneous

    Weakness in ONEOK Continues, Stock Fell 2.8% Last Week

    ONEOK (OKE) fell 2.8% in the week ending March 17, 2017. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 0.3% last week.

    By Rekha Khandelwal, CFA
  • Company & Industry Overviews

    EPD, ETP, PAA, WPZ: What Do Current Valuations Indicate?

    Energy Transfer Partners (ETP) and Enterprise Products Partners (EPD) are trading at forward EV-to-EBITDA multiples lower than their respective five-year historical averages.

    By Rekha Khandelwal, CFA
  • uploads///AMLP
    Macroeconomic Analysis

    The AMLP ETF Disappointed Last Week

    The Alerian MLP ETF (AMLP) fell 2.94% in the week ended September 11. The ETF tracks an index of 23 midstream MLP companies.

    By Keisha Bandz
  • uploads///AMLP
    Macroeconomic Analysis

    AMLP Rises Last Week, but Less than OIH and XOP

    AMLP holds midstream MLPs whose earnings are typically linked to their transported volumes of energy products.

    By Keisha Bandz
  • uploads///analyst rating
    Energy & Utilities

    PAA, PSXP, HCLP: Key Rating Updates in the Last Week

    Stifel changed its rating and price targets for quite a few MLPs in the last week.

    By Rekha Khandelwal, CFA
  • Energy & Utilities

    Must-know: The assets of the Shell Midstream Partners

    Zydeco is a wholly owned subsidiary of SPLC, the general partner of Shell Midstream.

    By Alex Chamberlin
  • uploads///PAA STOCK
    Earnings Report

    A closeup of Plains All American Pipeline’s stock performance

    After its 4Q14 earnings announcement, Plains All American Pipeline’s (PAA) stock performance improved, jumping slightly by 1.6%.

    By Keisha Bandz
  • uploads///growth capex
    Company & Industry Overviews

    Inside the Growth Prospects of ETE, WMB, PAGP, and WGP

    Energy Transfer Partners (ETP) has a capital budget of $3.9 billion for 2017, of which $1.7 billion was spent in the first half of the year.

    By Kurt Gallon
  • uploads///featured image
    Energy & Utilities

    KMI, OKE, WMB: Midstream Stocks Tumbled Last Week

    Top midstream stocks including Kinder Morgan (KMI), Williams Companies (WMB), and ONEOK (OKE) fell last week.

    By Rekha Khandelwal, CFA
  • uploads///nspc
    Energy & Utilities

    What’s behind MLP Performances for the Week Ended November 10?

    Of the total 95 MLPs, 62 ended last week in the red, 30 ended in the green, and the remaining three ended flat. Energy Transfer Partners (ETP) fell 5.5%.

    By Kurt Gallon
  • uploads///EPD Asset Map
    Energy & Utilities

    Why Enterprise Products Partners is important to investors

    EPD is a leading midstream service provider in the natural gas, natural gas liquids (or NGLs), crude oil, petrochemicals, and refined products sectors.

    By Alex Chamberlin
  • Energy & Utilities

    Plains All American Pipeline’s Permian assets and new projects

    Plains All American Pipeline LP (PAA) is a master limited partnership that provides energy infrastructure and logistics services for crude oil, natural gas liquids (or NGLs), natural gas, and refined products.

    By Alex Chamberlin
  • uploads///oxy midstream business
    Energy & Utilities

    Must-know: Occidental’s midstream and marketing segment

    The Dolphin Pipeline contributes significantly to Occidental’s pipeline transportation results through Occidental’s 24.5% interest in Dolphin Energy.

    By Keisha Bandz
  • Energy & Utilities

    A key overview of Enterprise Products Partners’ 2Q14 results

    The company recorded $12.5 billion in total revenues for 2Q14, up 12.3% from the $11.1 billion recorded in 2Q13. The increase was primarily due to higher volumes in the crude oil marketing and NGL marketing businesses.

    By Alex Chamberlin
  • uploads///org struc
    Company & Industry Overviews

    ETE, PAGP, WGP, and ENLC: Analyzing MLPs’ General Partners

    In this series, we’ll perform a comparative analysis of four MLPs’ general partners: Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC.

    By Kurt Gallon
  • uploads///analysts are bullish on EPD
    Earnings Report

    New Projects and Industry Recovery Should Drive EPD’s Growth

    Of the analysts surveyed by Reuters, 96% rated Enterprise Products Partners (EPD) as a “buy” and 4% rated the company as a “hold.”

    By Rekha Khandelwal, CFA
  • uploads///Energy Transfer stock
    Energy & Utilities

    AMLP: What’s Next for Midstream MLPs after a Rebound?

    Midstream MLPs have recovered after hitting multiyear lows early this month. The ALPS Alerian MLP ETF (AMLP) is up more than 10% in the last two weeks.

    By Vineet Kulkarni
  • Energy & Utilities

    Must-know: EPD’s segment-wise performance in 3Q14

    NGL Pipelines & Services’ revenue came down 35% versus 32.7%. The Petrochemicals & Refined Products Services segment’s revenues increased 12.7% versus 15%.

    By Alex Chamberlin
  • uploads///Williams companies earnings
    Energy & Utilities

    AMLP: What’s Next for Midstream MLPs after a Big Fall?

    The ALPS Alerian MLP ETF (AMLP), the representative of the top MLPs in the US, plunged to record lows last week. It’s trading near its all-time low of $7.7.

    By Vineet Kulkarni
  • uploads///Asphalt JV Sale
    Energy & Utilities

    NuStar’s Fuels Marketing segment benefits from asphalt sale-off

    Following the sale of the remaining 50% ownership interest in asphalt JV to Lindsay Goldberg in February 2014, NuStar is on course to improve its margin from the Fuels Marketing segment.

    By Alex Chamberlin
  • uploads///Natural Gas Valuation
    Energy & Utilities

    Must-know : A brief overview of natural gas storage contracts

    High volatilities in prices increase the extrinsic value of storage assets because it creates more opportunities for profitable storage optimization.

    By Keisha Bandz
  • Overview: Plains All American Pipeline’s gas storage services
    Energy & Utilities

    Overview: Plains All American Pipeline’s gas storage services

    PAA’s storage facility falls under its supply and logistics segment, which is primarily a margin based segment, which makes it more volatile.

    By Keisha Bandz
  • uploads///Segment Operating income
    Energy & Utilities

    NuStar Energy’s new trends: A track refocused on core competence

    Since 2012, NuStar has chartered on a track refocus on its core, fee-based businesses of storage and pipelines and to reduce earnings volatility.

    By Alex Chamberlin
  • uploads///
    Energy & Utilities

    Must know: Why is the West Texas crude trading at a discount?

    The prices for West Texas Intermediate (WTI) crude at Midland, TX traded at a discount of $10.50/Bbl to WTI at Cushing, OK on Thursday, last week.

    By Alex Chamberlin
  • uploads///
    Energy & Utilities

    The WTI-Midland spread: The short-term and long-term viewpoints

    Permian crude is an attractive enough resource for many companies to have long-term plans to continue to grow in the region.

    By Alex Chamberlin
  • uploads///
    Energy & Utilities

    Why a spike in Treasury yields could affect your master limited partnership portfolio

    The yield on Treasury rates spiked last week on hawkish Fed comments.

    By Ingrid Pan
  • uploads///
    Energy & Utilities

    10-year Treasury yields continue to back out, MLP names could be hurt if trend continues

    Yields on Treasurys have continued to creep up, however, from a long-term perspective rates still remain near historical lows which has been a positive for MLPs.

    By Ingrid Pan
  • uploads///midstream stocks near  week low
    Materials

    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.

    By Rekha Khandelwal, CFA
  • uploads///energy stocks
    Company & Industry Overviews

    Top Midstream Energy Stocks: What Analysts Got Wrong

    Despite stable earnings and dividend growth, MLP stocks are depressed. We look at the top midstream energy stocks’ performance in the past 12 months.

    By Rekha Khandelwal, CFA
  • uploads///
    Energy & Utilities

    Key points from Enterprise Products Partners’ analyst day meeting

    Enterprise Products Partners (EPD) is one of the largest master limited partnerships operating in the midstream energy space.

    By Alex Chamberlin
  • uploads///
    Energy & Utilities

    Treasury rates increased by 16 bps last week, could hurt MLP names

    Treasury yields increased last week, and a continued movement upward could hurt the valuation of rate-sensitive instruments such as MLPs. However, from a long-term context rates remain very low.

    By Ingrid Pan
  • uploads///analysts are bullish on top mlps
    Energy & Utilities

    EPD, ETE, PAA, and MMP: What Do Analysts Recommend?

    All of the analysts surveyed by Reuters covering Enterprise Products Partners (EPD) and MPLX (MPLX) rated the stocks as “buy.”

    By Rekha Khandelwal, CFA
  • uploads///short interest
    Earnings Report

    Recent Changes in Enterprise Products Partners’ Short Interest

    The short interest in Enterprise Products Partners (EPD) stock rose from 24.9 million shares on March 15 to 25.7 million shares on March 29.

    By Rekha Khandelwal, CFA
  • uploads///price range forecast
    Earnings Report

    How EPD Is Expected to Perform ahead of Its Earnings

    In this article, we’ll take a look at how Enterprise Products Partners (EPD) stock may perform leading up to its earnings release on May 1.

    By Rekha Khandelwal, CFA
  • uploads///EPDs forward dist yield
    Company & Industry Overviews

    Enterprise Products’ Attractive Spread over Treasury Yield

    Enterprise Products Partners (EPD) is trading at a yield of ~6.2%, which is ~380 basis points higher than the US ten-year Treasury yield.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    Enterprise Products Partners Stock Is Trading Range-Bound

    Enterprise Products Partners has risen ~15% in 2019.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    Why Crude Oil Prices Drive Midstream Stocks

    So far, US crude oil prices have risen ~25% in 2019. The strength in oil prices is reflected in energy stocks’ year-to-date performance.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Energy & Utilities

    PAA, ET, and KMI: Which Top Midstream Stocks Fell Last Week?

    MLPs fell marginally in the week ending January 25. The Alerian MLP Index fell 0.6% last week.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Earnings Report

    Enterprise Products’ Earnings Are Expected to Rise 20% in Q4

    Enterprise Products Partners (EPD) is scheduled to report its fourth-quarter results on January 31.

    By Rekha Khandelwal, CFA
  • uploads///analyst recom
    Earnings Report

    MPLX Stock: Analysts Expect 22% Upside

    MPLX’s mean target price is $42. The target price implies an upside potential of ~22% from MPLX’s current price of $34.5.

    By Rekha Khandelwal, CFA
  • uploads///monthly crude oil production
    Energy & Utilities

    US Crude Oil Production Continues to Rise

    The US crude oil production was 11 million barrels per day for the week ending September 14, according to data from the EIA.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Company & Industry Overviews

    Weekly Wrap-Up: Last Week’s Key Midstream Sector Updates

    Crude oil prices rose ~4.3% last week, and the Energy Select Sector SPDR ETF (XLE) rose 2.7%. How did top midstream stocks fare?

    By Rekha Khandelwal, CFA
  • uploads///oil production
    Earnings Report

    A Closer Look at Permian Basin Takeaway Capacity Constraints

    Permian Basin crude oil production has seen a dramatic rise in recent years.

    By Rekha Khandelwal, CFA
  • uploads///yield
    Energy & Utilities

    Should Investors Chase Buckeye Partners’ Monstrous Yield?

    Buckeye Partners (BPL) was trading at a very high distribution yield of 14.6% on July 5.

    By Kurt Gallon
  • uploads///Permian pipelines
    Energy & Utilities

    Midstream Operaters Are Scrambling to Build a Permian Takeaway

    Amid concerns over Permian pipeline takeaway capacity, several pipeline projects have been announced or have come online recently to accommodate rising Permian production.

    By Keisha Bandz
  • uploads///capex
    Company & Industry Overviews

    WES Increased 2018 Capital Guidance, DCP Announced New Projects

    In this article, we’ll look at the 2018 capital spending plans of the four selected peers.

    By Kurt Gallon
  • uploads///stock _
    Energy & Utilities

    MLPs Rose Due to Strong Crude Oil and Higher Drilling Activity

    The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 3.1% last week and ended at 267.6.

    By Kurt Gallon
  • uploads///PAA
    Company & Industry Overviews

    Harvest Fund Advisors Added Major Positions in PAA in Q1 2018

    In this article, we’ll look into the institutional activity in Plains All American Pipeline (PAA) during the first quarter.

    By Kurt Gallon
  • uploads///ownership struc
    Earnings Report

    Is Energy Transfer Partners Exploring a C Corporation Structure?

    High leverage and a complex capital structure have been a drag on Energy Transfer Partners’ market performance.

    By Kurt Gallon
  • uploads///anr
    Energy & Utilities

    MLP Rating Updates for the Week Ending April 13

    Credit Suisse initiated coverage on CVR Refining (CVRR) with a “neutral” rating and assigned a target price of $14.

    By Kurt Gallon
  • uploads///midstream
    Energy & Utilities

    New Permian Pipeline Projects: Corpus Christi Key Destination

    As production in the Permian increases, pipeline capacity should become more crucial for Permian producers.

    By Keisha Bandz
  • uploads///short interest
    Company & Industry Overviews

    Short Interest in Plains All American Pipeline Fell 15%

    The short interest in Plains All American Pipeline (PAA) as a percentage of its float is 2.2%—lower compared to 2.6% in mid-February 2018.

    By Rekha Khandelwal, CFA
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.