Energy market commentary: October 2018
Each energy sector sold off with the rest of the market in October. Crude oil prices saw their largest monthly decline since 2015, but are still up $5/bbl since the end of 2017. While October saw a reversal of some positive market trends, we believe long-term midstream fundamentals remain supportive.
Energy market commentary: September 2018
Upstream and integrated oil companies bounced back in September while midstream performance was negative. Risks in Colorado weighed on midstream sentiment. Retail investors are increasingly using funds to access the energy infrastructure space.
Energy market commentary: August 2018
Upstream and integrated oil companies struggled in August while midstream performance was mixed. MLPs continued their strong run as sentiment has turned more positive. Positive fundamentals drove solid Q2 earnings for many midstream companies.
Energy market commentary: July 2018
Despite a moderate decline in oil prices, July was another positive month across the energy sector. Midstream equities were the top performers for the month, with MLPs in particular rallying. A revised regulatory ruling from FERC contributed to a positive backdrop for the midstream sector.
Energy market commentary: June 2018
Energy sector on solid footing. Oil price fundamentals remain supportive for midstream.
Energy market commentary: May 2018
The energy market saw its second straight positive month with the AMZX and AMEIX outperforming both S&P Energy and HY Energy.