Update – Hidden Value in MLP & Midstream Credit

In our July 2017 White Paper on the “Hidden Value in MLP & Midstream Credit,” we discussed how midstream credit investments outperformed MLP equities over the past 1, 3, 5 and 10-year periods while experiencing lower volatility and drawdowns due to their senior position in the capital structure. We anticipated further corporate structure simplification, industry consolidation, deleveraging and cost of …

Hidden Value in MLP & Midstream Credit

Investing in the midstream energy sector via MLP & midstream equities is well known as illustrated by the considerable growth over the last decade in the number of public MLPs/midstream companies and related equity oriented investment products. Over 120 MLP/midstream equities and 84 public MLP investment funds exist today. However, investing in the midstream sector via credit is lesser known …