AMUB - MLP Monthly Report: September 2020
- Brookfield Asset Management announced it would acquire Blackstone Infrastructure's 41% stake in Cheniere Energy Partners. The stake was valued at $7 billion, and represents an approximate $5 billion gain for Blackstone after initially investing in CQP in 2012.
- The Organization of the Petroleum Exporting Countries and its allies (OPEC+) maintained its oil production cuts of 7.7 million barrels per day in its latest meeting.
- Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, decreased 0.8% last month.
- The Baker Hughes Rig Count increased to 254 rigs, increasing by 3 rigs from last month's count of 251 rigs.
For further details see:
MLP Monthly Report: September 2020