MLPA News and Press, Global X MLP From 08/24/22

Summary Natural gas prices in the United States jumped to more than $9/MMBtu due to increased natural gas demand for U.S. LNG exports and high temperatures in the United States. I expect that in the third quarter of 2022, the effect of high natural gas prices on Energy Transfer's ...

A dozen energy infrastructure companies spent a combined $1.4 billion on equity repurchases in 2Q22. Four names spent $100+ million in the quarter led by Cheniere Energy (LNG). Constituents with buyback programs account for over 75% of the Alerian Midstream Energy Index (AMNA) by weig...

Last quarter, we discussed the ongoing trends of sticky inflation and a hawkish Federal Reserve. These trends accelerated in Q2 as the U.S. Consumer Price Index rose again to 9.1% in June. Equity volatility remains elevated, but strategies such as covered calls can offer compelling op...

Energy Transfer slashed its distribution in 2020. However, it has been growing aggressively this year, and ET says it plans to eventually reinstate its pre-cut distribution of $0.305. We share why we believe that level will be achieved by ET next year. Energy Transfer LP...

While the market has bounced back some on reduced fears of continued aggressive Federal Reserve rate hikes, compelling bargains still remain. We discuss three of our top picks that appear to continue to be overlooked by Mr. Market and have considerable upside ahead. Investors can ...

The "Inflation Reduction Act" largely focuses on Democrats' climate-related goals by incentivizing green energy production. But the bill also has some provisions that could prove beneficial to fossil fuels as well. We highlight a provision of the bill that has not received much at...

There has been meaningful progress in both public and private sector setting goals/targets both for steps toward 2030 as well as carbon neutrality. To get to the 2030 goals, there needs to be faster implementation of larger scale carbon capture and storage projects. Carbon capture...

In 2020, Energy Transfer cut the distribution by 50%. This sparked anger amongst many investors, but it was a blessing in disguise. It allowed the Partnership to weather the COVID storm, deleverage at a rapid pace as well as pursue credit-accretive growth opportunities such as acquiri...

Midstream dividend trends remained positive for 2Q22, with a few examples of growth and no cuts. Comparing 2Q22 payouts with 2Q21, more than 80% of the Alerian Midstream Energy Index (AMNA) and Alerian MLP Index (AMZ) by weighting have grown their payouts. Combining the strong yea...

EPD recently reported Q2 results. We share three important takeaways from their Q2 report. We also share our updated outlook for EPD. Enterprise Products Partners L.P. ( EPD ) is a leading blue chip midstream master limited partnership (i.e., MLP) that boasts a broad...