- 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-fold increase relative to the $302 million spent in 2Q21.
- With midstream continuing to offer attractive income, buybacks further enhance shareholder returns and add to the total return potential of the space.
For further details see:
Midstream/MLPs: Buybacks Accelerated In Q3'21