AMLP - Still Bullish On Energy Transfer
The midstream sector includes activities such as transportation, processing, storing, and marketing of hydrocarbons such as natural gas, oil, and natural gas liquids (NGLs). It generates fees from customers for the use of its transportation assets, often under long-term contracts that typically have inflation protection. Increasing production and drilling in the US shale through technologically-advanced hydraulic fracturing and horizontal drilling has created exceptional demand for infrastructure pipelines, storage, export terminals, and processing capacity. This led companies in the midstream sector to invest heavily to meet this demand. Meanwhile, the lack of midstream infrastructure in certain