UMI - Q1 2022 Midstream Buybacks: Widespread Participation

• Several companies across the energy infrastructure landscape were active with their repurchase programs in 1Q22, albeit at mostly modest amounts.
• Energy infrastructure companies repurchased $370 million of their equity in aggregate during the first quarter of 2022.
• Combining the last four quarters, energy infrastructure companies have spent $2.1 billion on equity repurchases.

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