Reported 12 months ago
The article discusses the strong performance of midstream energy stocks in 2024, particularly highlighting the Alerian Energy Infrastructure ETF and Alerian MLP ETF. It focuses on three midstream stocks - MPLX, Western Midstream, and Energy Transfer - set to outperform in the second half of the year and beyond. MPLX boasts a strong balance sheet and growth projects, Western Midstream sees record EBITDA and distribution increases, while Energy Transfer stands to benefit from AI-related energy consumption and growth projects, all trading at attractive valuations.
Source: YAHOO