ECONOMIC OUTLOOK
2020
AMZI Update
Today Alerian announced that Buckeye Partners, which is being taken private by an infrastructure fund, will be removed from Alerian indices on Friday September 20th
Magellan Midstream Partners Announces Sale
Magellan Midstream Partners Announces Sale of Three Marine Terminals to Buckeye Partners.
2019
AMZI Update
Today Alerian announced that Buckeye Partners, which is being taken private by an infrastructure fund, will be removed from Alerian indices on Friday September 20th
MLP Quarterly Update
At the end of the second quarter, the MLP Index had a year-to-date total return of 17.7% while energy stocks were up 3.3%, oil prices were up 24.6% and the S&P was up 18.5%.
Preferred Stock Update
The rally on the long end of the Treasury curve during the month of August has been staggering.
Midstream MLP Sector Update
The entire energy sector is being dragged down by concerns over a slowdown in global growth.
2018
MLP Market Environment
Stocks have been hovering near correction territory since late October, driven by comments from Fed Chair Jerome Powell, and fears of a China economic slowdown related to current and pending tariffs.