• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Roger S. Conrad

Q&A: What’s Ahead for Midstream and MLPs

By Roger S. Conrad on Jun. 29, 2020

Q. You’ve pointed out that many midstream companies and MLPs have doubled and even tripled off their late March lows. But even companies you’ve called best in class like Enterprise Products Partners (NYSE: EPD) are still down more than 30 percent from where they started the year. And they’re at a fraction of where they were in mid-2014 when oil was over $100 a barrel. When can we expect a full recovery or has the situation changed forever?

A. Back in summer mid-2014, energy midstream companies and MLPs were sold to investors as being practically as safe as regulated utilities, with earnings and dividends virtually unaffected by oil and gas price volatility. We never promoted that line. But neither did we expect to see it proven as spectacularly wrong as it has been the past six years or so, or that midstream companies and especially MLPs would sustain such reputational damage.

Energy & Income Advisor

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.

Subscribe today to receive a sample issue of EIA
  • Live Chat with

    Elliott and Roger on Jul. 27, 2022

  • Portfolios & Ratings


    • Elliott H. Gue

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Roger S. Conrad

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor