Month: September 2020

The S&P 500 closed negative for a 4th straight week, while midstream had its worst week since June in what has been a brutal September so far.

Midstream stocks bounced back early in the week after two rough weeks, but then as the market rolled over later in the week, midstream and MLPs were dragged back down.

Midstream struggled again this week, in a risk-off week for stocks and commodity prices.

With the market taking a very well-publicized breather this week, midstream followed the market and oil prices lower. MLPs were down each day this week and finished down 4.7%.