MLPX News and Press, Global X MLP & Energy Infrastructure From 07/12/20

By Brian Watson, CFA, Senior Portfolio Manager New acquisitions and a temporary shutdown headline this month’s MLP sector June MLP performance seemed to reflect a reversal of sentiment as COVID-19 cases returned in certain regions. That likely influenced the near-term trajec...

Despite Berkshire Hathaway (BRK.A) (BRK.B) already having some solid exposure in energy infrastructure (Kern River, Northern Natural Gas), many generalist investors have often cited "Buffett-isms" as reasons for not investing in midstream. I've heard it all before, whether it be critiques of k...

Investment Thesis The Global X MLP & Energy Infrastructure ETF ( MLPX ) is a midstream energy fund that owns a mixture of corporations, master limited partnerships ("MLPs"), and MLP general partners with natural gas and oil assets. As a midstream (energy transportation and storage i...

By Justin Carlson, Co-Founder and Chief Strategy Officer Smart investors look for a market edge wherever they can find one, because staying one step ahead of the pack has never been tougher. Markets move at the speed of light in our digital age, often based on information at the fingertips...

With the shortcomings surrounding yield-focused valuation metrics discussed earlier this week, today's piece continues the valuation conversation by focusing on enterprise-value-to-EBITDA (EV/EBITDA) metrics for midstream. Similar to free cash flow yield and price-to-cash-flow, EV/EBITDA is a ...

The June MLP Monthly Report can be found here offering insights on MLP industry news, the asset class's performance, yields, valuations, and fundamental drivers. Summary News: 1) The Organization of the Petroleum Exporting Countries and its allies (OPEC+) extended their production cu...

Given the high relative yields of the sector, investors have long turned to energy infrastructure companies, particularly MLPs, as a source of income in their portfolios. Valuations for the sector have historically been viewed through the lens of that dividend yield. However, as the industry h...

We have highlighted that investors should be looking at listed infrastructure as a better allocation than standalone midstream/MLP allocations, including this post last year , and this one from January . Infrastructure continues to produce better outcomes for investors than midstream, with l...

With interest rates near historic lows and energy equities also depressed after oil's rout, financial advisors and investors looking for income and value may be taking a fresh look at the MLP and energy infrastructure space. While the potential for generous, tax-advantaged income from MLPs is ...

Introduction In September, 2019, I put out an article titled " The Monetary Death Spiral " attempting to explain why interest rates, inflation, productivity, and economic growth have been sliding downward over the past 35 years. To understand the theory, one must first understand the tw...