PAA News and Press, Plains All American Pipeline L.P. From 03/12/23

2023-03-12 10:00:00 ET Summary If one wishes to retire off of their investments, they would do well to seek *truly* passive income. Many forms of investment income, such as rental houses, are not really passive and come with significant maintenance and time requirements. Truly...

2023-03-08 11:55:30 ET Summary Master limited partnerships are among the best holdings for income-focused investors due to their inherent stability and high yields. Center Coast Brookfield MLP & Energy Infrastructure Fund invests in a portfolio of these companies in an effort ...

2023-03-08 09:00:00 ET Summary MMP has been an income investor's dream with a yield of 7.78% and 21 years of distribution growth which has led to a 1,400% increase in the quarterly distribution since inception. 85% of MMP's revenue is backed by fee-based contracts, which help secu...

Summary Plains and Kinder Morgan are two high yield midstream businesses that recently reported Q4 results. Both boast investment grade balance sheets and have been growing their dividends of late. We compare them side by side and offer our take on which is the better buy right now....

Summary Energy equities fell hard during the week as commodity prices fell and investors grew jittery about the oil market’s medium-term recovery prospects. Equities tied to natural gas prices were particularly weak. We expect smoother sailing for the energy equities once fir...

Summary ET is coming off a strong year as the distribution was increased each quarter and is now back to pre-pandemic levels of $1.22. Co-CEO Tom Long issued some color on possible C-Corp Currency, which in my opinion would be a strong catalyst as it could open up the door for new inves...

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 Excess cash going forward seems to be in the $700 million plus per year range. With a common ratio guided at 2+ for the year, it seems that another dividend increase is in store at the end of the year. Our initial prediction for $1.1 billion of free cash was shunted by an un...

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 Strong commodity prices caused gathering and processing and royalty trust equities to outperform. Fourth quarter energy sector earnings are coming in strong. Energy income equities have shrugged off rising interest rates. Energy Income Performance Energy wa...