NGL - Simple Green Midstream Red
Midstream sold off along with most things this week, but as a whole did slightly better than the broad stock market, outperforming for a second straight week. MLPs were the best-performing group in midstream, benefiting from their renewed obscurity more than a flight to safety. Just like when the S&P 500 is going up, the market seems pre-occupied with itself, rather than paying much attention to midstream and certainly not MLPs.
The MLP Index had its worst week since the end of August, closed at its lowest level since July 20, and is down 7%