DT Midstream CFO on Natural Gas, Dividend & EBITDA Growth
VettaFi recently sat down with Jeff Jewell, CFO of DT Midstream (DTM). Jewell discussed the company's midstream businesses, growth opportunities for the company, financial guidance, and the outlook for U.S. natural gas demand.
Midstream Energy ETFs Recorded Strong Flows in September
Midstream ETFs recorded strong flows in September, as the subsector outperformed broader energy for another consecutive month. The Alerian MLP ETF (AMLP) and the Alerian Energy Infrastructure ETF (ENFR) saw $73 million and $8 million, respectively, in net flows in September.
Midstream Names Provide Details on AI Growth Opportunities
Artificial intelligence (AI) growth is expected to be a key driver of rising electricity demand. Electricity demand is expected to increase dramatically by the decade's end, as AI model training and running are energy-intensive processes.
ENFR Can Capitalize on Pembina's Canadian LNG Project
Efforts to ramp up Canada's capability for exporting liquefied natural gas are gaining steam. Cedar LNG recently announced a positive final investment decision on its floating LNG facility with a 3.3 mtpa capacity.
Cheniere Exemplifies Midstream's Focus on Total Returns
Midstream investing continues to be an excellent route for investors seeking total return. Cheniere Energy recently announced an increase to its share repurchase authorization of $4 billion through 2027.
Energy Transition Could Support This ETF
Oil prices rallied last week, supporting some gains for select energy equities – a theme that's been somewhat prominent this year. Just look at the Alerian Energy Infrastructure ETF (ENFR) – an exchange traded fund that's higher by 12% year-to-date.
For Midstream, It Pays to Have Natural Gas Storage
Storage tends to be a less exciting business line for energy infrastructure. Companies simply rent space in a tank or cavern for a fee typically with a term of around three years.
