ETRN - Midstream Positive Beyond Partnerships (BP)
On the back of rebounding oil prices and an ever-higher stock market, midstream indexes were positive this week. In a familiar refrain, the broader AMNA index was well ahead of the MLP Index, reflecting better performance among corporations, both U.S. and Canadian. It seemed to be all about the macro this week, with little news in U.S. midstream.
Earnings season continues to drag along, with [[DCP]] the most notable MLP to report this week. The two big Canadian midstream corporations reported non-controversial results later in the week. Things pick up in the upcoming week, with