The past two years have been a story of resilience for North America’s premier midstream companies. But if preliminary guidance from best in class Portfolio companies is any indication, 2021 is setting up as one of unfolding sector recovery.
Certainly that doesn’t apply to every midstream company. There still 27 of them, for example, on our Endangered Dividends List coming into the New Year. That follows more than five-dozen sector dividend cuts since early March of this year.
Seven other companies in our broader MLPs and Midstream coverage universe have eliminated payouts entirely, with at least four them presenting very real bankruptcy risk in the next 12 months. And as the fall of the former Hi-Crush demonstrates, when a midstream company files Chapter 11, the most likely outcome for shareholders is a total wipeout.
Your complete guide to energy investing, from growth stocks to high-yielders.
In October 2012, renowned energy expert Elliott Gue launched the Energy & Income Advisor, a twice-monthly investment advisory that's dedicated to unearthing the most profitable opportunities in the sector, from growth stocks to high-yielding utilities, royalty trusts and master limited partnerships.
Elliott and Roger on Mar. 25, 2021
Balanced portfolios of energy stocks for aggressive and conservative investors.
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
Our assessment of every energy-related master limited partnership.
Roger Conrad’s coverage of more than 70 dividend-paying energy names.