Another so-so week for midstream in a slightly negative week for the S&P 500. MLPs, especially ET and EPD, seemed to react positively early in the week to the latest round of talks in DC that did not include elimination of the MLP tax exemption. But it was the midstream corporations, especially those in the broad energy ETFs, that rallied hard on Wednesday and won the week.
Subscribe to get the full post that includes breakdown of winners and losers for the week and thoughts on the few news items there were this week. Thanks!