Led by MLPs, Midstream Is Energy Bright Spot in 2023
December 26, 2023 at 08:00 AM EST
Summary Midstream/MLPs have outperformed the broader energy sector so far this year as weaker commodity prices weighed on other energy subsectors. Performance within midstream has varied, with MLPs largely outpacing their C-Corp counterparts. Looking to 2024, midstream’s defensive qualities and continued free cash flow generation should be broadly supportive as companies continue to prioritize dividend [...] The post Led by MLPs, Midstream Is Energy Bright Spot in 2023 appeared first on ETF Trends .
