Let’s Get Cracking: Playing The US Petrochemical Boom
A wave of incremental ethane cracking capacity sited on the US Gulf Coast will come onstream over the next several years. We examine the implications and the best ways for investors to profit.
New Additions
After attending the DUG Midcontinent conference and reviewing third-quarter results, we have added two midstream operators to the MLP Portfolio’s aggressive sleeve.
Midstream Takeover Targets
The midstream segment appears ripe for consolidation, as well-heeled utilities seek to leverage their low cost of capital and pull on the demand side to add exposure to gas pipelines.
Natural-Gas Pipelines: Pump up the Volumes
The best-positioned natural-gas pipelines have benefited from surging production in the Marcellus Shale as well as growing demand for the thermal fuel among utilities, thanks to ultra-low prices and the retirement of coal-fired power plants. This tailwind looks set to continue in coming years, which helps to explain the accelerating pace of merger and acquisition activity targeting these assets. But not all pipelines are created equal. We highlight some of our favorite midstream operators.
Key Quotes from Midstream MLPs’ Second-Quarter Earnings Calls
Second-quarter earnings season is done and dusted for midstream master limited partners (MLP) that own pipelines, processing and fractionation capacity.
MLPs: Evolution, Not Extinction
The recent wave of general partners acquiring the master limited partnerships under their auspices doesn’t reflect a fatal flaw in the structure or this relationship.
MLPs to Avoid
How can you tell which midstream MLPs are worth holding and which positions are worth folding?
The Risks as We See Them
Examining what drove the recent correction in master limited partnerships can help us to identify the pockets of risk and the best-positioned names for when the market returns to its senses and focuses on individual stories.
06/10/15: International Update
Our review of the latest developments in Canada’s energy patch yields a new addition to our International Portfolio.
MLP Strategy Update
Here’s our updated MLP strategy, which highlights the best pockets of opportunity and areas of higher risk.
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Live Chat with
Elliott and Roger on Aug. 27, 2019
Portfolios & Ratings
Model Portfolios
Balanced portfolios of energy stocks for aggressive and conservative investors.
Coverage Universe
Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.
MLP Ratings
Our assessment of every energy-related master limited partnership.
International Coverage Universe
Roger Conrad’s coverage of more than 70 dividend-paying energy names.
Experts
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Elliott H. Gue
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor
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Roger S. Conrad
Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor