Commodity & Infrastructure Insights

Pipelines Are Becoming Less Risky

Before the Shale Revolution, midstream energy infrastructure was a boringly stable sector. MLPs, which predominated versus corporations back then, paid out most of the cash they generated and grew distributions through price escalators and improved operating efficiencies.

Pipelines Are Becoming Less Risky

Before the Shale Revolution, midstream energy infrastructure was a boringly stable sector. MLPs, which predominated versus corporations back then, paid out most of the cash they generated and grew distributions through price escalators and improved operating efficiencies.

Pipeline Earnings Should Confirm Growing Cash Flows

Earnings season for pipeline stocks begins on Wednesday 22nd, with Kinder Morgan (KMI) reporting after the market close. We expect the quarterly updates from...

Pipeline Earnings Should Confirm Growing Cash Flows

Earnings season for pipeline stocks begins on Wednesday 22nd, with Kinder Morgan (KMI) reporting after the market close. We expect the quarterly updates from...

Gold Reaches New Highs While Commercial Short Positions Rise

Next, looking at last week’s Commitment of Traders report from the CFTC, it follows the higher gold prices as large speculators increased their positions from 252,000 to 267,000. However, it also shows that commercial traders added to their short positions going from -287,000 to -301,000.

Gold Reaches New Highs While Commercial Short Positions Rise

Next, looking at last week’s Commitment of Traders report from the CFTC, it follows the higher gold prices as large speculators increased their positions from 252,000 to 267,000. However, it also shows that commercial traders added to their short positions going from -287,000 to -301,000.

Energy Demand After Covid-19

Client meetings for many businesses have had to conform to local Covid-19 restrictions. Most of us have found that working remotely is fine, although...

Energy Demand After Covid-19

Client meetings for many businesses have had to conform to local Covid-19 restrictions. Most of us have found that working remotely is fine, although...

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