SMM News and Press, Salient Midstream of Beneficial Interest From 12/29/21

The recent rally in energy prices has improved investor sentiment for midstream assets, even though US oil production remains well below pre-pandemic levels. Natural gas is expected to be a major growth driver for the midstream sector in 2022, and the current supply shortfall makes th...

OPEC+ agreed to maintain their existing plan to raise oil output by 400,000 barrels per day in January. The U.S., along with India, China, Japan, South Korea, and the U.K., announced coordinated release of oil from reserves to counter accelerating inflation. Midstream MLPs, as mea...

Salient Midstream&MLP Fund (NYSE:SMM) declares $0.0875/share quarterly dividend, 25% increase from prior dividend of $0.0700. Forward yield 5.28% The distribution will be payable in the first quarter of 2022 ending in February. Going forward, the annualized distribution rate will be revie...

Salient Midstream & MLP Fund Announces 25% Distribution Increase To Maximize Shareholder Value And Releases Unaudited Net Asset Value As Of November 30, 2021 Salient Midstream & MLP Fund Announces 25% Distribution Increase To Maximize Shareholder Value And Releases Unaud...

Despite the significant pullback in oil prices lately and uncertainty posed by the Omicron variant, midstream performance has been largely resilient. Multiple factors arguably exacerbated the recent downward move in oil prices, and oil market fundamentals have likely changed less than...

Strong free cash flow generation has made the mainstream adoption of buyback programs possible for energy infrastructure companies. Buyback activity ramped in 3Q21 as midstream companies purchased more than $804 million of their equity during the quarter, representing a more than two-...

For midstream operators, managing energy consumption and modernizing assets present viable ways to drive immediate efficiencies and reduce emissions. While many midstream companies today are already incorporating renewable energy into their energy mix, scaling the use of renewable ene...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 5.30% last month. The index has increased by 84.08% since last October. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, increased by 1.32%...

With no dividend cuts this quarter and some companies resuming growth for the first time since the pandemic, midstream/MLP payouts seem to be garnering positive momentum. The combination of an improved macro backdrop, solid operational performance in 2021, significant free cash flow g...

Salient Midstream&MLP Fund (NYSE:SMM) declares $0.07/share quarterly dividend, in line with previous. Forward yield 4.06% Payable Nov. 29; for shareholders of record Nov. 16; ex-div Nov. 15. See SMM Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Sal...