Midstream played defense this week, trading up when the market was down. The 10-year treasury rate dropped to its lowest point in 3 months and oil prices were positive, a good combination for midstream to trade well after some rudderless action recently. If earnings season can instill some confidence in the outlook for growth in 2026 and beyond, then maybe we can build some momentum into the Fall.
Earnings updates, monthly index return update, winners and losers on the week, and news featured below.