YGRN - Midstream Malaise: What's Wrong (And Right) With Midstream

While it's supposed to be "The Most Wonderful Time of the Year," things have been anything but wonderful in the energy sector, including midstream. The Alerian MLP Infrastructure Index (AMZI) hit lows last week on par with levels seen in February 2016 when WTI crude hit a relative bottom at $26 per barrel. The AMZI is down approximately 25% on a price return basis from mid-July 2019. With midstream under pressure and weakness among MLPs in particular, this piece provides an update on what has been plaguing broader energy, what is weighing on midstream, and

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