ETRN - MLP Monthly Report: March 2020
The March MLP Monthly can be found here offering insights on MLP industry news, the asset class's performance, yields, valuations, and fundamental drivers.
Summary
News:
1) Equitrans Midstream Corporation (ETRN) will acquire all the outstanding public common units of EQM Midstream Partners, LP (EQM), at a 3% premium to the 20 day volume weighted average price as of February 26, 2020. This will simplify the structure to a single C-Corp post-merger, which is expected to close by mid-2020.
2) Shell Midstream Partners, L.P. (SHLX) has entered into an agreement