EINC - Midstream Fundamentals Vs. Tariffs And Market Turmoil
2025-04-18 11:05:00 ET
Summary
- Through Friday, April 4, 2025, the Alerian MLP Index is down only 1.4% year-to-date on a price basis and up 0.3% once distributions are considered versus the S&P 500 Index’s 13.7% price loss and 13.4% total return loss.
- In our view, midstream sector participants remain well-positioned to benefit from the robust outlook for U.S. natural gas demand which we believe will see little impact from U.S. tariffs or heightened trade barriers enacted in retaliation.
- Despite the market turmoil currently unfolding, we believe the midstream sector offers investors an attractive distribution yield and an improving outlook for cash flow and distribution growth.
By Brian Watson, Senior Portfolio Manager ...
Midstream Fundamentals Vs. Tariffs And Market Turmoil