ETRN News and Press, Equitrans Midstream Corporation From 04/05/20

On the back of the best week for oil prices in recorded history, midstream traded up and outperformed the S&P 500 and utilities. MLPs ((AMZ)) outperformed broader midstream ((AMNA)) this week after trailing last week and last month and last year. Oil prices spiked on enthusiasm over a tw...

EQM Midstream Partners ( EQM ) announced a way to deal with the Mountain Valley Project Challenges and the ongoing natural gas pricing weakness. Mr. Market feigned surprise even though the latest quarterly report contained no new news. The major Mountain Valley Project Pipeline feeds into anot...

In recent weeks, we have discussed the stability of MLP/midstream cash flows at length by highlighting their underlying fee-based contracts with built-in protections ( read more ). Protections for the pipeline provider include minimum volume commitments (MVCs), which are intended precisely for...

Equitrans Midstream Corporation (NYSE: ETRN) (Company) announced today that its Board of Directors has appointed Patricia K. Collawn, chairman, president, and chief executive officer of PNM Resources, Inc. (PNM Resources), a publicly traded energy holding company that provides electricity to ...

The market found some relief on the stimulus bill, but midstream and MLPs lagged this week. Canada midstream helped the AMNA outperform the other midstream indexes. Oil prices fell further, and the lack of places to put oil in this climate is concerning. REITs and Utilities rebounded with th...

Co-produced with Samuel Smith for High Yield Landlord As the headlines have made clear, the stock market - and the energy market in particular – are in turmoil thanks to two “Black Swan” events combining to form the perfect storm: Global Health Crisis: A n...

The March MLP Monthly can be found here offering insights on MLP industry news, the asset class's performance, yields, valuations, and fundamental drivers. Summary News: 1) Equitrans Midstream Corporation ( ETRN ) will acquire all the outstanding public common units of EQM Midstream ...

By Stacey Morris At one time, the hope had been that investor focus would shift to midstream fundamentals instead of questions around structure. It's a good reminder to be careful what you wish for. Conversations around MLP consolidations or C-Corp conversions have been replaced by a focus...

While many office workers were remote this week, the market had its worst week since 2008. This led to another week of staggering losses in midstream and oil prices. MLPs actually outperformed utilities and the DJIA this week and were roughly in line with the S&P 500 decline. The selling...

By Brian Watson, CFA , Senior Portfolio Manager As coronavirus concerns bring volatility to all markets, the fundamentals of the energy midstream sector still appear solid to us. In February, although the entire market was rocked by coronavirus worries, the master limited partnership ...