Midstream/MLP Payouts Rise to Start 2026
The midstream sector is kicking off 2026 with a robust display of financial health, as a significant wave of distribution and dividend increases sweeps through the industry.
Energy Transfer: My Top MLP Pick For 2026 And Beyond
Energy Transfer is positioned for long-term growth, leveraging aggressive pipeline expansion and surging data center energy demand. Energy Transfer's FY 2026 outlook targets $17.3–17.7B in adjusted EBITDA and ~7% Y/Y growth, underpinned by the $5.6B Desert Southwest Transwestern expansion. Recent supply deals, including with Oracle, highlight ET's strategic role in powering AI-driven data centers and hyperscalers.
Breaking Down Midstream/MLP Performance for 2025
Summary Midstream energy infrastructure tracked broader energy performance in 2025, delivering positive total returns driven by dividend income despite a noticeable pullback in oil prices. Reversing what was seen in 2024, MLPs outpaced their C-Corp counterparts helped by their higher yields.
Western Midstream: An MLP With Outsized Total Return Potential
Western Midstream earns a reiterated Buy rating, offering a 9.2% forward yield and trading at a 27% discount to fair value. WES's growth profile remains intact, driven by Pathfinder Pipeline improvements, North Loving II expansion, and $40 million in Aris Water Solutions synergies. The company maintains a strong investment-grade balance sheet with a 3x leverage ratio and robust free cash flow after capex and distributions.
3 MLP Operators to Watch as the Sector Sets Up for 2026
EPD,,ET and PAA are drawing investor focus as MLPs gear up for improved fundamentals and growth in 2026.
Plains All American: Quality MLP Play With Good Income Growth Expected In 2026
PAA is undergoing a fundamental transformation, becoming a pure-play crude oil player. Given the pressures in the crude oil market and the market's appreciation of nat gas exposures (as an AI enabler), PAA has naturally landed in the backseat. For long-term investors, who want to combine high-yield with high-quality factor, this is an excellent setup for going on offense.
NEOS Adds MLP & Energy Infrastructure Income ETF to Roster
In an easing monetary policy environment, yields start to fall in line with rate cuts. Bond investors might be seeking to supplant the income they've grown accustomed to.
Alerian MLP's 8%+ Dividend Yield Makes Retirement Income Easy | AMLP
The Alerian MLP ETF (NYSEARCA:AMLP) offers retirees an 8.75% dividend yield by investing in master limited partnerships that own energy infrastructure assets like pipelines, storage facilities, and processing plants.
Alerian MLP ETF: High Yield And K-1 Avoidance Comes At A Cost
The Alerian MLP ETF is a concentrated US midstream MLP fund with $10.6B AUM but suffers from fund-level tax drag. AMLP's high yield and K-1 avoidance appeal to income investors, but its total return lags both individual MLPs and alternative funds like MLPX. Over 10 years, AMLP returned 8.04% CAGR, underperforming both its top holdings and the more tax-efficient MLPX ETF, which had a 12.5% annualized total return.
MLP SE (MLPKF) Q3 2025 Earnings Call Transcript
MLP SE (OTCPK:MLPKF) Q3 2025 Earnings Call November 13, 2025 8:00 AM EST Company Participants Reinhard Loose - CFO & Member of the Executive Board Conference Call Participants Henry Wendisch - NuWays AG, Research Division Jochen Schmitt - Metzler Equities, Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the MLP SE conference call regarding the publication of the results for the third quarter 2025 and first 9 months 2025. [Operator Instructions] Let me now turn the floor over to your host, Pascal Locher.
3 Oil Pipeline MLP Stocks to Watch Despite Industry Headwinds
Conservative capital spending by upstream players and gradual shifting to renewables may hurt the demand for midstream players??? assets. DK, ET and PAA are surviving the industry challenges.
EIPI: The Buy-Write That Goes Beyond MLP
EIPI is a new solution that integrates a covered call strategy into the energy market (midstream, utilities, majors). This raises the yield and introduces a cap on the upside, but in my opinion, integrates adjustments different from common buy-writes. It does a partial overwrite on low-growth and higher-volatility stocks of the energy market.
