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Midstream and MLPs were unchanged on the week, but finished strong along with the rest of the energy sector after the mega-merger announcement by Chevron (CVX) Friday morning. The stock market and utilities were slightly positive week over week. Oil prices edged up and are up 40%+ this year. NGL prices have not kept pace with oil prices, especially light NGLs, but propane and ethane rallied this week.
EPD Recap
This week's Enterprise (EPD) analyst event in Houston was well-attended and on brand. EPD compared itself to Amazon (AMZN), connecting sellers with buyers, supply with