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Recent Content By Bryce Bingham
Could Electric Vehicles Help Drive Your Portfolio in 202
Index Insights

Could Electric Vehicles Help Drive Your Portfolio in 2021?

Summary //

  • Even with total US auto sales declining in 2020, several electric vehicle companies...
2021 Midstream Outlook
Index Insights

2021 Midstream Outlook

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

Alternative Energy: Key Themes, Trends, and Investment C
Index Insights

Alternative Energy: Key Themes, Trends, and Investment Considerations

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

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

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

Summary //

  • Out of the 39 dividend-paying constituents in Alerian’s broadest midstream index,...
Index Highlight: Momentum for Alternative Energy Superse
Index Insights

Index Highlight: Momentum for Alternative Energy Supersedes Election Results

Alerian’s indexing capabilities expanded tremendously through the transformational...
Down But Not Out: What’s Next for US Energy Production?
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...
The Case for Investing in Real Assets
Index Insights

The Case for Investing in Real Assets

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

Digging Deeper into Discounted Valuations for Midstream/
Index Insights

Digging Deeper into Discounted Valuations for Midstream/MLPs

Summary

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

Midstream/MLP Capex and Projects: Where’s the Growth?

Summary

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

Natural Gas and NGLs: A Bright Spot in Energy

Summary

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

High MLP/Midstream Yields But Ample Coverage, Payout Ratios

Summary

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

Assessing Midstream's ESG Journey So Far

Summary

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

Getting Real: The Case for Investing in Real Assets

Summary //

  • For many investors, the most viable way to get the benefits of real assets exposure...
Pipelines vs. Power: Comparing Midstream/MLPs to Utiliti
Index Insights

Pipelines vs. Power: Comparing Midstream/MLPs to Utilities

Summary //

  • Midstream and utilities both tend to appeal to investors with their attractive...
US Targets Energy Independence Despite COVID-19 Impacts
Index Insights

US Targets Energy Independence Despite COVID-19 Impacts

Summary //

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

MLP/Midstream Valuations Part 1: Focusing on Free Cash Flow

Summary //

  • Yield spread analysis has become an inadequate standalone method for valuing...
Going Green: Oil & Gas Dips its Toes Into Renewables
Index Insights

Going Green: Oil & Gas Dips its Toes Into Renewables

Summary //

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

Reexamining MLP/Midstream Oil Correlations

Summary //

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

How Will Oil Production Shut-Ins Impact Midstream?

Summary //

  • US oil production is declining as exploration and production (E&P) companies...
Modest MLP/Midstream Estimate Revisions Contrast with Eq
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)...

Midstream 2020 EBITDA Guidance Updates Highlight Stabili
Index Insights

Midstream 2020 EBITDA Guidance Updates Highlight Stability

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

EPD and OKE 1Q20 Earnings Recap: Stability in Uncertain
Index Insights

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

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

The Ripple Effects of COVID-19 on Natural Gas Power Gene
Index Insights

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...

Examining Midstream C-Corp Dividends as Yields Rival His
Index Insights

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...

Canadian Midstream Remains Resilient, Outperforms US Pee
Index Insights

Canadian Midstream Remains Resilient, Outperforms US Peers

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

Insights at a Glance: Haves and Have-Nots – Profiling Re
Index Insights

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...

Insights at a Glance: Midstream Making the Most of Minim
Index Insights

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...

Insights at a Glance: Updating MLP Yield Scenario Analys
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...

Insights at a Glance: A Review of MLP Distributions Duri
Index Insights

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...

4Q19 MLP Distribution Recap: Positive Outlook Outweighs
Index Insights

4Q19 MLP Distribution Recap: Positive Outlook Outweighs Cuts

Summary //

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

Midstream’s 2020 Resolutions: Less Spending with a View Toward Free Cash Flow

Summary //

  • Due to slowing US energy production growth, an emphasis on capital discipline, and...
2020 Midstream Outlook Video
Index Insights

2020 Midstream Outlook Video

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

Keeping It Simple: MLPs Continue to Eliminate IDRs
Index Insights

Keeping It Simple: MLPs Continue to Eliminate IDRs

Summary //

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

3Q19 Distribution Recap: MLPs Pull Off the Clean Sweep

Summary //

  • For the first time in over a year, no AMZ or AMZI constituent cut their...
Slow and Steady: The Deceleration of US Oil Production G
Index Insights

Slow and Steady: The Deceleration of US Oil Production Growth

Summary //

  • After years of significant growth, US oil production is showing signs of a...
The Alerian Index Series: Which Benchmark Is Right for M
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...
Take Me Away: What New Permian Pipeline Capacity Means f
Index Insights

Take Me Away: What New Permian Pipeline Capacity Means for Crude Prices and Exports

Summary

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

Summary //

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

Canada: Not Enough Pipelines, but a Lot to Like for Midstream Investing

Summary //

  • With takeaway constraints continuing to plague Canadian oil producers, Alberta...
PAA Investor Day Recap: What to PAAy Attention to
Index Insights

PAA Investor Day Recap: What to PAAy Attention to

Summary //

  • The recently announced Red Oak Pipeline system joint venture is representative of...
MLP and Energy Infrastructure Conference 2019: M&A, Attr
Index Insights

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

Summary

  • To attract generalists and new investors, midstream companies need to continue to...
Private Equity Continues to Bet Big on Midstream
Index Insights

Private Equity Continues to Bet Big on Midstream

Summary //

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