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MLPX - MLPX: Midstream Industry Poised To Deliver Robust Free Cash Flows
Global X MLP & Energy Infrastructure
MLPX, which has $710 million of assets under management, holds both midstream MLPs and C-Corporations.
The oil and gas pipeline operators generated free cash flows last year after they cut CapEx and distributions and will likely expand free cash flows substantially in 2021.
Some of MLPX’s biggest holdings, such as TC Energy and Energy Transfer, look poised to generate free cash flows in 2021 which will be used to create value for shareholders.