KEYUF - Midstream Still Waiting For Its Kodak Moment
Midstream underperformed this week, even after counting the juicy dividends that were paid this week. Tech stocks, utilities and other sectors reported strong earnings and saw stock price gains as a result.
In midstream, results were solid overall, but lower oil prices and generally uncertain outlook hurt midstream performance late in the week. Ex-dates for dividends were likely also a factor, with some investors either playing distribution capture games or others holding out for one last dividend before blowing out of midstream exposure.
"You Press the Button, We Do the Rest"
Eastman Kodak's (KODK) stock