Poll

What is the biggest risk to MLP stock price performance from here to end of 2017?

  • Global oil prices (OPEC cheating, non-OPEC supply growth upside surprise) (57%)
  • Disappointing volume growth (23%)
  • Extreme competition limiting per unit cash flow growth (10%)
  • Something else (9%)

Total Voters: 180

Loading ... Loading ...

Week Thoughts: Sentimental-Listless

11Jun
Another deflating week in MLP land, although MLPs outperformed oil prices and finished the week on a positive note with some relief Friday.  MLPs finished down 1.1% overall, in-line with utilities.  MLPs have declined 1%+ for 3 straight weeks, which hasn’t happened since November 2015 when KMI’s leverage and dividend cut drama escalated.  On the

Week Thoughts: Washout

04Jun
The MLP index breached 300 on the downside twice and closed the week at its lowest level so far this year and lowest since 12/14/16.  MLPs have dropped 2 weeks in a row, have declined 12% from their January peak, have produced negative total return YTD, and have produced just 3.2% total return the last 12 months.  Adding insult to injury on this short but

Week Thoughts: Back to the Futures

28May
The MLP index pushed higher Monday and Tuesday to reach its highest point since 5/2, before falling back again the last 3 days of the week on weaker oil prices and due to challenge of funding a large equity deal on a Friday before a long weekend. Now that OPEC is behind us, and now that we’ve had 7 straight weekly declines in U.S. oil inventory,
Load more posts