KEYUF - Midstream Flagging Into Earnings Barrage
Midstream started the week strong Monday, but the bounce back was short-lived as midstream sold off each of the remaining days of the week, even as oil prices stabilized and the broad market rallied. Canada and a few larger corporations dragged down broader midstream indexes relative to the MLP Index, which continues to hold up well in a backdrop of upstream carnage.
Midstream earnings season ramps up this week, with [[EPD]], [[OKE]], [[WMB]], [[TRP]], [[MMP]], [[ENB]], [[WES]], [[CEQP]], [[AM]], [[MPLX]] and others reporting. Investors remain wary of potential impacts of cratering natural gas and NGL