SMM News and Press, Salient Midstream of Beneficial Interest From 06/29/22

The combination of mounting recession fears and some profit-taking put significant downward pressure on energy stocks even as oil prices were comparatively resilient. If there is a recession, energy stocks will likely fall, but midstream would be expected to fare better than other ene...

SALIENT MIDSTREAM & MLP FUND ANNOUNCES PLANNED REORGANIZATION SALIENT MIDSTREAM & MLP FUND ANNOUNCES PLANNED REORGANIZATION PR Newswire HOUSTON , June 28, 2022 /PRNewswire/ -- Salient Midstream & MLP Fund (the "Fund") (NYSE: SMM) announced...

The strength in LNG markets has spurred a resurgence in long-term offtake agreements, which are key to advancing LNG export projects towards Final Investment Decision (FID). The strong macro environment for LNG and improved outlook for projects has translated into strong equity perfor...

The length of midstream contracts can vary from a few years to 20+ years, but importantly, contracts help support stable cash flows used to pay the attractive dividends offered by many energy infrastructure companies. Contract tenures vary by company and asset type. At the longer end ...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 7.64% last month. The index increased by 25.39% since last May. The current yield on MLPs stands at 6.93%. MLP yields remained higher than the broad market benchmarks for Emerging Market Bonds (6.32%), Fi...

SALIENT MIDSTREAM & MLP FUND ANNOUNCES UNAUDITED NET ASSET VALUE AS OF MAY 31, 2022 SALIENT MIDSTREAM & MLP FUND ANNOUNCES UNAUDITED NET ASSET VALUE AS OF MAY 31, 2022 PR Newswire HOUSTON , June 7, 2022 /PRNewswire/ -- Salient Midstream & ...

There is virtually no downside risk when you purchase a SPAC common stock below the trust value and exit before a business combination is formed. BRW is a leveraged closed-end fund run by Saba Capital that has about 82% of its portfolio invested in the SPAC arbitrage strategy. The...

Nickel spot prices were significantly lower the last month and LME inventory was slightly lower. Nickel market news - Nickel market to swing to mild surplus persisting beyond 2022: Nornickel. Nickel company news - Vale signs long-term nickel supply deal with Tesla. Nornickel recei...

Several companies across the energy infrastructure landscape were active with their repurchase programs in 1Q22, albeit at mostly modest amounts. Energy infrastructure companies repurchased $370 million of their equity in aggregate during the first quarter of 2022. Combining the l...

For the energy sector, several years of underperformance over the last decade left many investors on the sidelines. In a survey of financial advisors in December 2021, more than half of the respondents were underweight energy. Investors that have been underweight energy may be looking...