MLPA News and Press, Global X MLP From 03/07/23

2023-03-07 16:46:26 ET Summary Enbridge Inc. is probably the best in its class. Debt is becoming a problem for the class, though, and dividend investors should keep an eye on rising interest rates. We rate Enbridge stock a hold at current levels, but might test the water at a ...

Summary Generally, midstream companies are forecasting modest EBITDA growth in 2023 consistent with the stability of fee-based businesses. Some companies have provided positive long-term outlooks for EBITDA growth, which add important context to the strong dividend trends in midstream. ...

Summary Midstream/MLPs are using their free cash flow to increase their dividends and repurchase equity. On a year-over-year basis, there are more constituents in the broad Alerian Midstream Energy Index that have raised their payouts compared to last year than maintained. Importantly, ...

Summary The oil macro in 2023 will likely be heavily influenced by headlines related to Russian supply and Chinese demand as the country reopens. US production growth is expected to be modest, as companies practice capital discipline and grapple with service cost inflation. Traditio...

Summary MLPA is an ETF that focuses on the energy pipeline industry. This fund's 10-year track record is nothing special, but it might just be on its way to emerging as an appealing option in a rocky stock market. I rate MLPA a hold for now, but it is clearly on my watchlist. ...

Summary Midstream/MLPs tend to outperform the broader market in years of high inflation, and though it has cooled from its mid-2022 peak, inflation is likely to remain elevated in 2023. Energy infrastructure companies largely provide services for fees under long-term contracts, which ty...

Summary The low capex in traditional energy production will sustain energy prices. The low capex in the midstream energy infrastructure sector sustains strong free cash flow generation. This translates into a very low risk of dividend cuts and allows MLPs to return shareholder value...

Summary After a record-setting 2022, energy sector earnings are likely to generally decline in 2023, though forecasts point to another strong year by historical standards. Even with a year-over-year earnings decline, energy companies can continue to execute on free cash flow generation ...

Summary Believe it or not, investors can build a diversified portfolio that will never be taxed at either the corporate or individual levels. We discuss how they can build it and why now is a great time to do so. We also share some of our top picks for building this portfolio. ...

Summary Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, decreased by 4.25% last month. MLP yields remained higher than Emerging Market Bonds, Fixed Rate Preferreds, and the broad market benchmark for Investment Grade Bonds and lower than High Yield Bonds. The ...