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MMLP - Oil Energy Stocks And Why Midstream/MLPs Could Rise Further
Martin Midstream Partners L.P.
Oil prices have likely recovered more quickly than anticipated thanks to the disciplined cooperation of OPEC+.
While midstream is unique from other energy sectors given its more defensive, fee-based business model, midstream MLPs and C-Corps have participated in energy’s rally.
Midstream’s free cash flow and buyback potential, discounted valuations, and leverage to an ongoing macro recovery with potential tailwinds for the space could all contribute to continued positive momentum.