BMLP News and Press, Dorsey Wright MLP Index ETNs due December 10 2036 From 01/23/21

In its monthly production output meeting, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to keep the output mostly steady in February. TC Energy announced TC Pipelines agreed to its plan to acquire all outstanding common units of TCP that it does n...

Recent commodity price improvement has not been limited to oil, as liquefied natural gas (LNG) and natural gas liquids (NGLs) have also seen significant gains. Aside from commodity price improvements, the reflation trade has also provided a boost to energy and supported interest and m...

Low interest rates for much of the last ten years have made it much tougher for investors seeking income from traditional sources such as bonds. Despite a recent improvement in performance, midstream yields remain well above historical averages and are superior to other income-oriente...

Midstream MLPs, as measured by the Alerian MLP Index (AMZ), ended December up 2.5% on a price basis and after distributions are considered. For the year, the AMZ was down 36.4% on a price basis, resulting in a 28.8% total return loss. MLP yield spreads, as measured by the AMZ yiel...

MLPs are the cheapest way to obtain a high yield and the prospect of capital appreciation. MLP fundamentals have held up remarkably well while their unit prices have suffered, creating an historic investment opportunity. Recovering U.S. oil and gas supply and demand will increase ...

Midstream was mixed this week, with MLPs closing slightly lower after 4 very strong weeks of positive performance. Even with the pause in performance this week, both the AMZ and the AMNA crossed key technical milestones. PAA was the biggest loser this week, dramatically underperfo...

In the midst of a challenging year, the improvement in midstream equities in November alongside the gains in oil prices and broader energy on positive vaccine developments was encouraging. Energy, including midstream, clearly stands to benefit from a potential improvement in the outlo...

Midstream MLPs, as measured by the Alerian MLP Index (AMZ), ended November up 21.7% on a price basis and up 23.8% once distributions are considered. MLP yield spreads, as measured by the AMZ yield relative to the 10-year US Treasury bond, narrowed by 278 basis points (bps) over the mo...

Midstream and MLPs had a different kind of Movember, riding surging momentum in value stocks and energy stocks to a big rally throughout most of November. MLPs have now put up consecutive positive months for the first time since the initial April and May recovery. The broader AMNA...

Lost in election season and pandemic news flow has been the relative stabilization in energy macro and midstream fundamentals since March. Adding to COVID-19 related anxiety in our view is an increase in concern that rapid adoption of electric vehicles and renewable energy may severel...