Summit Midstream Partners LP
What Does NuStar Energy’s Current Valuation Say?
NuStar Energy’s undervaluation relative to its own historical valuation might indicate a buying opportunity.
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.
How Last Week’s Rise in Natural Gas Prices Impacted MLPs
Natural gas prices rose to close at $2.5 per MMBtu on October 9. Natural gas prices had hit a three-year low of $2.45 per MMBtu on October 2.
A Look at the Top Gainers and Underperformers in the MLP Sector
Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and natural gas liquids production, is the top year-to-date MLP gainer.
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.
HCLP, BPL, SUN, and USAC: Are Analysts Cautious?
For Hi-Crush Partners (HCLP), one analyst rated the stock as a “strong buy,” nine rated it as a “buy,” and seven rated it as 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 MLP Losses
MLPs with heavy exposure to Interstate Pipelines lost the most last week. TC PipeLines (TCP) recorded the highest losses.
Which Energy Stocks Were the Underperformers Last Week?
On March 2–9, 2018, midstream stock Summit Midstream Partners (SMLP) fell the most on our list of energy stocks.
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.
The Energy Stocks That Outperformed Oil Last Week
The Alerian MLP ETF (AMLP) fell 5.6%, the least among our list of energy ETFs in the week ended February 2, 2018.
Top MLP Losers during the Week Ended September 29
CONE Midstream Partners (CNNX) fell 8.7% during the week and has fallen 32.7% since the beginning of 2017.
Top MLP Gainers in Week Ended September 8
EV Energy Partners (EVEP) was the top MLP gainer last week, which ended on September 8, 2017. It rose 13.9%.
How Summit Midstream Benefits from MVC Contracts
According to the 2Q16 earnings release, “The net impact of SMLP’s MVC shortfall payment mechanisms increased adjusted EBITDA by $16.0 million in the second quarter of 2016.”
Which Segment Will Drive DCP Midstream’s 2Q16 Performance?
DCP Midstream Partners’ (DPM) Natural Gas Services segment mainly provides natural gas gathering, processing, compression, and transportation services.
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.
Why Minimum Volume Commitments May Not Protect MLPs
While minimum volume commitments work well, in general, things change in a sustained low commodity price environment. Currently, this is the case.
Which Segment Will Drive Crestwood Equity’s 4Q15 Performance?
Crestwood Equity Partners’ (CEQP) Gathering and Processing segment, which mainly provides natural gas gathering, processing, and compression services, saw its 3Q15 EBITDA fall by 9.7% YoY (year-over-year) as compared to 3Q14.
Natural Gas Prices Rose and Impacted MLPs
NYMEX near-month Henry Hub natural gas futures contracts rose last week. Natural gas prices closed at $2.21 per MMBtu on November 27.
Falling Natural Gas Prices Continue to Impact Energy MLPs
Natural gas prices closed at $2.14 per MMBtu (British thermal units in millions) on November 20 after closing the previous week at $2.36 per MMBtu.
Why Have OKS’s Distributions Been Flat for Last Three Quarters?
On October 21, 2015, ONEOK Partners (OKS) declared a quarterly cash distribution of $0.79 per unit. OKS’s distributions remained flat for the third consecutive quarter.
Natural Gas Prices Rose Last Week: Impact on Energy MLPs
Natural gas prices closed at $2.32 per MMBtu (British thermal units in millions) on October 30 after closing the previous week at $2.29 per MMBtu.
Will 3Q15 Results Change ONEOK Partners’ Valuation?
ONEOK Partners’ (OKS) forward distribution yield of 9.6% is 125 basis points higher than its peer average. It’s calculated as estimated distribution per share divided by market price per share.
Analyzing Enbridge Energy Partners’ 3Q15 EBITDA Growth
Increased capacity from assets placed into service in Enbridge Energy Partners’ Liquids segment should contribute to the segment’s EBITDA in 3Q15.
Summit Midstream Partners: Midstream MLP Leader on October 9
Summit Midstream Partners (SMLP) was the top gainer among midstream MLPs (master limited partnerships) at the end of trading on Friday, October 9. SMLP rose 5.1% on Friday.
How Did a Rise in Natural Gas Prices Impact Energy MLPs Last Week?
NYMEX near-month Henry Hub natural gas futures contracts rose last week compared to the previous week. Natural gas prices closed at $2.69 per MMBtu on September 11.
JP Energy Partners: Top Midstream MLP Gainer on September 4
JP Energy Partners (JPEP) was the top gainer among midstream MLPs at the end of trading on Friday, September 4, 2015. It rose 2.51% on Friday.
ONEOK Partners Reports Distribution Coverage Missed 2Q15 Target
Generally, MLPs with stable earnings target a distribution coverage ratio in the range of 1 to 1.1 times the distributable cash flow.
Holly Energy Partners: Best Midstream MLP Performer on August 24
Holly Energy Partners (HEP) was the best performer among midstream MLPs at the end of trading on Monday, August 24. It rose 1.77% yesterday.
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.
The Importance of the Distribution Coverage Ratio
The distribution coverage ratio is the most important ratio for MLPs, as it highlights the cash available to the LP unit holders divided by the cash distributed to LP unit holders.
Must-know: Existing crude pipeline systems in the Bakken
Plains All American Pipelines (PAA) owns and operates several gathering systems and pipelines that service crude oil production in eastern Montana and western North Dakota.