ETRN - Clean Slate
Midstream traded up for a fourth straight week since bottoming on December 3rd. MLPs are up 12.7% from the bottom and the AMNA isn't far behind with a 10% gain. Thursday night's news of the airstrike on a major Iranian leader pushed oil prices higher Friday. That news hurt the broad market, and midstream stocks were briefly negative around midday, before rallying into the close.
Midstream stocks have had a nice holiday break from fund outflows and tax loss selling that pressured stock prices in the second half last year. That break has helped midstream