The February 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) Enterprise Product Partners L.P. (EPD) plans to utilize nearly 2% of its cash flow from operations ((CFFO)) to buy back its common units in 2020. During the fourth quarter of 2019, EPD affiliates purchased approximately 2.2 million of EPD's common units for $58 million and showed an intention to continue this in 2020.
2) CNX Resources Corporation (CNX) and CNX Midstream Partners LP (CNXM) entered into a definitive