Stacey

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Recent Content By Stacey Morris, CFA
Energy Infrastructure Channel

LNG Has Haynesville Humming – Benefits Midstream/MLPs

Summary

  • The Haynesville Shale is the third-largest natural gas play in the US by production,...
Energy Infrastructure Channel

US LNG Expects a Mixed Bag Despite Strong Backdrop

Summary

  • The US became the world’s largest LNG exporter this year and will have an...
Energy Infrastructure Channel

Midstream Investors Can Give Thanks for 3Q22 Buybacks

Summary

  • Eleven energy infrastructure companies spent ~$1.4 billion on buybacks in total in 3Q22,...
Energy Infrastructure Channel

The Benefits of Capital Allocation Frameworks

Summary

  • Many midstream companies have a hierarchy for how they prioritize different uses of...
Energy Infrastructure Channel

3Q22 Midstream Dividends: Positive Momentum Continues

Summary

  • Midstream dividend trends remained positive for 3Q22, with multiple examples of growth...
Energy Infrastructure Channel

The Performance of Income Investments as Rates Rise

Sensitivity to rising interest rates can vary by income investments, with some vehicles more...

Energy Infrastructure Channel

Why Isn’t U.S. Oil Production Growing?

Summary

  • US producers have demonstrated that they are capable of significant growth at a lower...
Energy Infrastructure Channel

Midstream/MLPs Advance Clean Energy Initiatives

Summary

  • Energy infrastructure companies continue to make strides with clean energy initiatives –...
Energy Infrastructure Channel

OPEC+ Subtracts – Things Investors Need to Know

Summary

  • For energy investors, the key takeaway from the OPEC+ meeting is that the group is...
Portfolio Strategies Channel

Income Opportunities: Fixed Income Yields Rise

Interest rate hikes to tame inflation may be roiling global markets as investors grapple with...

Energy Infrastructure Channel

RICs, ETNs, and Picking the Right MLP Investment

Summary

  • RICs cannot own more than 25% MLPs, and as a result, these funds tend to have lower...
Energy Infrastructure Channel

Beyond the K-1: Tax Treatment for an MLP Fund

Summary

  • There are two types of MLP funds – those structured as RICs, which own up to 25% MLPs,...
Energy Infrastructure Channel

Understand the Tax Benefits of MLPs

Summary

  • MLPs are pass-through entities that enjoy special tax treatment. As pass-through...
Energy Infrastructure Channel

Energy Stocks & Oil Gladly Decouple, MLPs Stand Out

  • Oil prices have seen three straight months of price declines and are down more than 30% from...
Energy Infrastructure Channel

Income Opportunities: Reliable Midstream/MLP Dividends

Following the hawkish comments from Jackson Hole, it seems like the dynamic seen for much of 2022...

Energy Infrastructure Channel

Midstream and MLPs: Leveled Up With Leverage Down

Summary

  • With free cash flow generation becoming more meaningful since 2020, many companies have...
Energy Infrastructure Channel

OKE Fireside Talk Highlights Positive Differentiators

Summary

  • The vertical integration of ONEOK’s asset base, its pipeline connectivity from the...
Energy Infrastructure Channel

Midstream Buybacks Jump in 2Q22

Summary

  • A dozen energy infrastructure companies spent a combined $1.4 billion on equity...
Energy Infrastructure Channel

A Fireside Chat With EPD: Managed for Long-Term Success

Summary

  • Many elements of the EPD story can give investors peace of mind, including a 24-year...
Energy Infrastructure Channel

2Q22 Midstream & MLP Dividends: Let the Good Times Roll

Summary

  • Midstream dividend trends remained positive for 2Q22, with a few examples of growth and...
Energy Infrastructure Channel

Midstream MLPs & Corps: Differences Beyond Taxes

Summary

  • Generally, energy infrastructure corporations tend to be larger and have a higher credit...
Energy Infrastructure Channel

Strong Dollar Contributing Factor in Oil Price Pullback

Much has been written about the strong dollar, which has been bolstered by rising interest rates...

Energy Infrastructure Channel

Midstream and MLPs Are Free Cash Flow Powerhouses

Summary

  • Steady cash flows and a meaningful reduction in growth capital spending plans should...
Energy Infrastructure Channel

Energy Stocks: Noisy Trading Drowns Out Fundamentals

Recession fears have weighed on the energy sector over the last month, and oil prices briefly...

Energy Infrastructure Channel

Income Opportunities & Playing Defense

The first half of 2022 has been dreadful for investors with broad equity markets off by more than...

Energy Infrastructure Channel

US Energy and Global Implications for Energy Security

  • As many countries look to replace Russian energy, the abundance of resources in the US has taken...
Energy Infrastructure Channel

Recession Fears Stir Energy: What Investors Should Know

Summary

  • The combination of mounting recession fears and some profit taking put significant...
Energy Infrastructure Channel

Energy & Recessions: This Time Could be Different

Recession concerns and profit taking contributed to disproportionate weakness in energy in recent...

Energy Infrastructure Channel

2022 vs. 2014: Energy’s Recent Strength in Context

Earlier this month, Exxon’s (XOM) share price closed above $100 for the first time since 2014....

Energy Infrastructure Channel

Midstream/MLP Contracts: Playing the Long Game

Summary

  • The length of midstream contracts can vary from a few years to 20+ years, but...
ETF Building Blocks Channel

Some Income Opportunities with International Equities

Investors, including those seeking income, tend to naturally favor that which is more familiar...

Energy Infrastructure Channel

1Q Midstream Buybacks: Widespread Participation

  • Several companies across the energy infrastructure landscape were active with their repurchase...
Energy Infrastructure Channel

Revisiting Energy Exposure? Tailor Your Approach

Summary

  • For the energy sector, several years of underperformance over the last decade left many...
Energy Infrastructure Channel

1Q22 Midstream Dividends & Outlooks for Variable Payout

  • Midstream dividend trends remained positive for 1Q22 with no cuts across Alerian’s midstream...
Leveraged & Inverse ETF Channel

Skeptical on Buying the S&P 500 Dip? Check Out This ETF

It’s easy to say “buy the dip” when markets can bounce back quickly from a...

Energy Infrastructure Channel

Positive Fundamentals Fuel Strong Midstream Earnings

Summary

  • Macro tailwinds from higher commodity prices and solid operational execution contributed...
ETF Building Blocks Channel

Income Outperforming Broad Equities as Rates Rise

With both bonds and equities off to a dismal start to the year and a growing chorus discussing...

Energy Infrastructure Channel

Midstream and Natural Gas: Growth in the Pipeline

Summary

  • While recent, counter-seasonal price spikes have made headlines, the long-term...
Energy Infrastructure Channel

MLP ETFs and Finding the Right Fit for Your Portfolio

Summary

  • A mutual fund, ETF, or closed-end fund that owns more than 25% MLPs will be taxed as a...
Energy Infrastructure Channel

Midstream Dividends Trending in the Right Direction

One of the key themes for the midstream and MLP space in 2022 has been the meaningful return of...

Energy Infrastructure Channel

Midstream Leveraging Current Assets in the Energy Pivot

Summary

  • Midstream companies can use their existing assets and expertise to participate in...
Energy Infrastructure Channel

MLPs Lead the Way for Midstream Buybacks in 4Q21

Summary

  • During the fourth quarter, energy infrastructure companies repurchased $650 million of...
Energy Infrastructure Channel

4Q21 Midstream: Goodbye Cuts and Hello Growth

Summary

  • For the second consecutive quarter, there were no dividend cuts across Alerian’s...
Energy Infrastructure Channel

What Russia’s Invasion May Mean for US Energy Landscape

While acknowledging the tragic nature of the invasion of Ukraine and the hardships facing the...

Energy Infrastructure Channel

Survey: How Advisors View the Energy Transition

Summary

  • A recent survey of over 600 financial advisors shows MLPs are known for their income,...
Energy Infrastructure Channel

Midstream/MLP M&A Update: Parent Buy-Ins and More

  • The consolidation of MLPs by their parents or significant owners has been a multi-year trend,...
Energy Infrastructure Channel

3Q21 Midstream Dividends: Growth Profile Improving

Summary

  • With no dividend cuts this quarter and some companies resuming growth for the first time...
Energy Infrastructure Channel

Gasoline Prices and How Midstream Helps Fill Your Tank

Summary

  • A number of factors contribute to the gasoline price posted at your local corner store,...
Energy Infrastructure Channel

US Production Outlook: Modest Growth Could Be Just Right

Summary

  • Public producers have been committed to capital discipline and limiting growth, which...