DCP - MLP Monthly Report: April 2020

The April MLP Monthly Report can be found here offering insights on MLP industry news, the asset class’s performance, yields, valuations, and fundamental drivers.

Summary

News:

1) In response to the recent downturn, five midstream MLPs and two C-Corp taxed entities cut their distributions. The five MLPs are DCP Midstream LP (DCP), Enable Midstream Partners (ENBL), Genesis Energy (GEL), Noble Midstream Partners (NBLX), and Plains All American (PAA). The two C-Corp taxed entities are Targa Resources (TRGP) and EnLink Midstream LLC (ENLC). The distribution cuts ranged from 50% to 90%.

2) OPEC+ and other

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