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Recent Content By Bryce Bingham
Index Insights

Could Electric Vehicles Help Drive Your Portfolio in 2021?

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  • Even with total US auto sales declining in 2020, several electric vehicle companies...
Index Insights

2021 Midstream Outlook

After macro headwinds dominated 2020, could company-level improvements and a macro recovery...

Index Insights

Alternative Energy: Key Themes, Trends, and Investment Considerations

The global energy landscape has changed dramatically over the last decade, primarily as a...

Index Insights

3Q20 MLP/Midstream Dividends: Steady With a Few Cuts

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  • Out of the 39 dividend-paying constituents in Alerian’s broadest midstream index,...
Index Insights

Index Highlight: Momentum for Alternative Energy Supersedes Election Results

Alerian’s indexing capabilities expanded tremendously through the transformational...
Index Insights

Down But Not Out: What’s Next for US Energy Production?

Summary

  • US oil production likely saw its relative low in May, but current prices are not high...
Index Insights

The Case for Investing in Real Assets

Real assets offer unique benefits within a portfolio that set them apart from traditional...

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Digging Deeper into Discounted Valuations for Midstream/MLPs

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  • The combination of pressured equity performance and resilient EBITDA estimates has...
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Midstream/MLP Capex and Projects: Where’s the Growth?

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  • Midstream capital spending is expected to continue to decline after 2020, driving free...
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Natural Gas and NGLs: A Bright Spot in Energy

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  • Natural gas prices have increased significantly year-to-date on the back of an...
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High MLP/Midstream Yields But Ample Coverage, Payout Ratios

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  • Distribution coverage for MLPs remains elevated relative to history after 1Q20...
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Assessing Midstream's ESG Journey So Far

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  • ESG reporting has continued to gain traction in midstream with six more companies...
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Getting Real: The Case for Investing in Real Assets

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  • For many investors, the most viable way to get the benefits of real assets exposure...
Index Insights

Pipelines vs. Power: Comparing Midstream/MLPs to Utilities

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  • Midstream and utilities both tend to appeal to investors with their attractive...
Index Insights

US Targets Energy Independence Despite COVID-19 Impacts

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  • Significant growth in domestic oil and natural gas production over the last decade...
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MLP/Midstream Valuations Part 1: Focusing on Free Cash Flow

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  • Yield spread analysis has become an inadequate standalone method for valuing...
Index Insights

Going Green: Oil & Gas Dips its Toes Into Renewables

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  • While fossil fuels still dominate the global energy landscape, renewable energy...
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Reexamining MLP/Midstream Oil Correlations

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  • Due to the fee-based nature of its cash flows, midstream has historically had a...
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How Will Oil Production Shut-Ins Impact Midstream?

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  • US oil production is declining as exploration and production (E&P) companies...
Index Insights

Modest MLP/Midstream Estimate Revisions Contrast with Equity Performance

With the release of quarterly earnings from Equitrans Midstream (ETRN) and EQM Midstream (EQM)...

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Midstream 2020 EBITDA Guidance Updates Highlight Stability

Moving into the late stages of 1Q20 earnings season for midstream, financial guidance updates...

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EPD and OKE 1Q20 Earnings Recap: Stability in Uncertain Times

After Kinder Morgan (KMI) kicked off midstream earnings season last week, both Enterprise...

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The Ripple Effects of COVID-19 on Natural Gas Power Generation

Crude inventories, prices, and production have undoubtedly been front of mind for many energy...

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Examining Midstream C-Corp Dividends as Yields Rival Historical MLP Yields

Given their greater income, we have typically prioritized MLPs in our research covering yields...

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Canadian Midstream Remains Resilient, Outperforms US Peers

With media headlines surrounding President Trump’s meeting with energy CEOs last week and...

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Insights at a Glance: Haves and Have-Nots – Profiling Recent MLP Distribution Announcements

Since oil prices collapsed in early March, several MLPs have announced changes to their capital...

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Insights at a Glance: Midstream Making the Most of Minimum Volume Commitments

In recent weeks, we have discussed the stability of MLP/midstream cash flows at length by...

Index Insights

Insights at a Glance: Updating MLP Yield Scenario Analysis and Midstream Insider Buying

Since our initial stress test of the Alerian MLP Infrastructure Index’s (AMZI) yield (read more...

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Insights at a Glance: A Review of MLP Distributions During the Financial Crisis

With broader markets under pressure and MLP yields near all-time highs, many investors are...

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4Q19 MLP Distribution Recap: Positive Outlook Outweighs Cuts

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  • After a cut-free 3Q19, four AMZ constituents cut their distributions sequentially...
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Midstream’s 2020 Resolutions: Less Spending with a View Toward Free Cash Flow

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  • Due to slowing US energy production growth, an emphasis on capital discipline, and...
Index Insights

2020 Midstream Outlook Video

How will midstream fare in the new decade? Watch our three-minute 2020 Midstream Outlook video...

Index Insights

Keeping It Simple: MLPs Continue to Eliminate IDRs

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  • The vast majority of AMZ and AMZI constituents have eliminated their incentive...
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3Q19 Distribution Recap: MLPs Pull Off the Clean Sweep

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  • For the first time in over a year, no AMZ or AMZI constituent cut their...
Index Insights

Slow and Steady: The Deceleration of US Oil Production Growth

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  • After years of significant growth, US oil production is showing signs of a...
Index Insights

The Alerian Index Series: Which Benchmark Is Right for Me?

Summary

  • Alerian offers a variety of midstream indexes to meet the benchmarking needs of...
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Take Me Away: What New Permian Pipeline Capacity Means for Crude Prices and Exports

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  • Two major Permian pipeline projects began service in August, helping to ease the basin...
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MLP 2Q19 Distribution Coverage and Payout Ratios Provide Peace of Mind

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  • Healthier distribution coverage is the result of improvements MLPs have made in...
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Canada: Not Enough Pipelines, but a Lot to Like for Midstream Investing

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  • With takeaway constraints continuing to plague Canadian oil producers, Alberta...
Index Insights

PAA Investor Day Recap: What to PAAy Attention to

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  • The recently announced Red Oak Pipeline system joint venture is representative of...
Index Insights

MLP and Energy Infrastructure Conference 2019: M&A, Attracting Generalists, and More

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  • To attract generalists and new investors, midstream companies need to continue to...
Index Insights

Private Equity Continues to Bet Big on Midstream

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  • Private equity funds have continued to display considerable interest in energy...