GER News and Press, Goldman Sachs MLP Energy Renaissance Fund From 06/15/22

The length of midstream contracts can vary from a few years to 20+ years, but importantly, contracts help support stable cash flows used to pay the attractive dividends offered by many energy infrastructure companies. Contract tenures vary by company and asset type. At the longer end ...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 7.64% last month. The index increased by 25.39% since last May. The current yield on MLPs stands at 6.93%. MLP yields remained higher than the broad market benchmarks for Emerging Market Bonds (6.32%), Fi...

MLPs and Midstream companies should benefit from increased demand for U.S. LNG supplies over the long run. Europeans usually rely on the SPOT market, while Asians sign long-term LNG deals. We expect a golden era for U.S. LNG businesses, once Europeans get rid of Russian gas foreve...

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 l...

For the energy sector, several years of underperformance over the last decade left many investors on the sidelines. In a survey of financial advisors in December 2021, more than half of the respondents were underweight energy. Investors that have been underweight energy may be looking...

Midstream dividend trends remained positive for 1Q22 with no cuts across Alerian’s midstream indexes for the third straight quarter and several examples of growth, including a handful of names raising their quarterly payouts by double-digit percentages. On a year-over-year basi...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 0.29% last month. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, decreased by 1.11% last month. The Baker Hughes Rig Count increased ...

Goldman Sachs MLP and Energy Renaissance Fund (NYSE:GER) declares $0.175/share quarterly dividend, in line with previous. Forward yield 5.95% Payable May 31; for shareholders of record May 24; ex-div May 23. See GER Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...

Macro tailwinds from higher commodity prices and solid operational execution contributed to a strong 1Q22 earnings season for energy infrastructure companies. Many names raised their financial guidance for 2022 or indicated that they see results trending above their forecasts, thanks ...

Discounts have been widening in the CEF space as volatility has been kicking up. The widening discounts have been creating more opportunities, but headwinds exist. We screen for several different metrics that bring up funds worth exploring further. For further details see: ...