Menu Close

ALPS’ Energy ETFs Poised for a Q4 Comeback

Don’t call it a comeback quite yet, but there are incremental signs pipeline assets, including the Alerian Energy Infrastructure ETF (ENFR), are perking up.


ENFR tracks the Alerian Midstream Energy Select Index (CME: AMEI). ENFR acts as a type of hybrid energy infrastructure ETF, which could help investors capture some of the high yields from MLPs while limiting the tax hit from solely owning MLPs.


Part of the steadiness attributable to some ENFR components are plans to keep spending and growth plans subdued in the new year.


“Kinder Morgan Inc., Enterprise Products Partners LP and Energy Transfer LP were among the midstream companies that expressed a desire to maintain cost efficiency, at least until the market further stabilizes. Record daily coronavirus cases in the U.S. could cause demand to pull back again, something the operators are watching for carefully,” according to S&P Global Market Intelligence.


Reasons to Believe for Midstream Operators

Some analysts argue the worst of the coronavirus pandemic impact on midstream operators, ENFR’s area of emphasis, is behind the group, perhaps setting the stage for a rebound as the economy steadies and oil demand bounces back.


ENFR YTD Performance


MLPs don’t make their money based on oil or gas prices. Unlike other energy sector stocks, they deal primarily with the distribution and storage of energy products, so their business model is less reliant on the commodities market since they profit off of the quantity of oil and natural gas they are able to move around.


Integral to the ENFR thesis is how rapidly midstream management teams are responding to headwinds presented by the coronavirus pandemic. Fortunately, many are proving adept at dealing with a challenging operating environment.


“We were impressed how quickly [management]teams ‘got’ it,” according to UBS. “Within two quarters since the onset of [COVID-19], capex came down, there was a real hard focus on costs and a slew of buyback authorizations … clearly [management]is listening to investors and attempting to deliver.”


Other MLP funds include the Global X MLP ETF (NYSEArca: MLPA) and the JPMorgan Alerian MLP Index ETN (NYSEArca: AMJ).


View: Source

View: More news

Related Posts


  1. gamefly the

    I was suggested this blog by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my difficulty.
    You are incredible! Thanks!

  2. when asmr

    I really like what you guys are usually
    up too. Such clever work and reporting! Keep up the wonderful works guys I’ve added you guys to my
    personal blogroll.

  3. or asmr

    I really like your blog.. very nice colors & theme. Did you design this website yourself or did you
    hire someone to do it for you? Plz respond as I’m looking to design my own blog
    and would like to find out where u got this from.

    many thanks

  4. with gamefly

    I would like to thank you for the efforts you have put in penning this site.

    I am hoping to check out the same high-grade blog posts from you later on as
    well. In truth, your creative writing abilities has motivated
    me to get my own website now 😉

  5. asmr was

    Hey there! I’ve been reading your web site for some time
    now and finally got the courage to go ahead and give you a
    shout out from Atascocita Tx! Just wanted to say keep up
    the great work!

  6. asmr or

    What i don’t realize is in reality how you’re not really a lot more neatly-preferred than you might be right now.
    You are so intelligent. You recognize therefore significantly in terms of this matter,
    made me in my opinion consider it from a lot of numerous angles.
    Its like men and women aren’t fascinated except it’s something
    to accomplish with Girl gaga! Your individual stuffs outstanding.
    All the time care for it up!

  7. when asmr

    Simply desire to say your article is as surprising.
    The clearness on your put up is just nice and i can assume you are an expert in this subject.
    Fine along with your permission allow me to grab your feed to keep up to date with drawing close post.
    Thank you a million and please continue the gratifying work.


    dating sites
    Awesome blog! Do you have any recommendations for aspiring writers?
    I’m planning to start my own website soon but I’m a little
    lost on everything. Would you suggest starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m completely confused ..
    Any recommendations? Thanks a lot! dating sites

  9. asmr with

    Hi to every body, it’s my first visit of this weblog; this
    website contains amazing and in fact excellent information designed
    for visitors.

  10. of dating sites

    Heya i am for the primary time here. I found this board
    and I find It truly helpful & it helped me out much. I hope to
    present one thing again and help others such as you helped me.

  11. dating sites a

    Hello there, You have done an excellent job. I will definitely digg
    it and personally recommend to my friends. I’m confident they’ll be benefited from this web site.

  12. was dating sites

    whoah this blog is great i love studying your posts.
    Stay up the good work! You know, lots of people are searching round for this info, you could
    aid them greatly.


    Wonderful blog! I found it while browsing on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there!
    Thank you


    Hi! Do you use Twitter? I’d like to follow you if
    that would be ok. I’m absolutely enjoying your blog
    and look forward to new posts.

  15. Charles Chaves

    I have been browsing online greater than 3 hours lately, but I by no means discovered
    any interesting article like yours. It is pretty
    price sufficient for me. Personally, if all site
    owners and bloggers made excellent content material as you probably did, the net will likely be a
    lot more helpful than ever before.

  16. Kenneth Grubbs

    Hi would you mind letting me know which hosting company you’re using?

    I’ve loaded your blog in 3 completely different web browsers and I must say this
    blog loads a lot faster then most. Can you suggest a
    good web hosting provider at a honest price? Thanks, I appreciate it!

  17. Edward Chavez

    You have made some decent points there. I checked on the internet for additional information about the
    issue and found most individuals will go along with your views on this web site.

  18. William Zimmerman

    I have been surfing online greater than 3 hours these days, yet I by no means
    found any fascinating article like yours. It is beautiful price sufficient for me.
    In my view, if all web owners and bloggers made excellent content as you
    probably did, the internet will likely be a lot
    more helpful than ever before.

  19. ps4 games the

    Whoa! This blog looks just like my old one! It’s on a
    totally different subject but it has pretty much the same page layout and design. Superb choice of colors!

  20. ps4 games our

    A motivating discussion is definitely worth comment.
    There’s no doubt that that you need to write more
    on this issue, it may not be a taboo matter but typically people do not talk about such issues.
    To the next! Many thanks!!

  21. an ps4 games

    Wonderful beat ! I would like to apprentice whilst you amend your
    web site, how can i subscribe for a blog site? The account helped me a acceptable deal.
    I had been tiny bit familiar of this your broadcast provided shiny transparent

  22. ps4 games off

    When I originally left a comment I seem to have
    clicked the -Notify me when new comments are added- checkbox and now whenever a comment is added
    I recieve 4 emails with the exact same comment.
    There has to be an easy method you can remove me from that service?
    Many thanks!

  23. Ernesto Perez

    I’ve been browsing on-line more than three hours lately, yet
    I never found any fascinating article like yours.
    It’s lovely value enough for me. Personally, if all
    website owners and bloggers made excellent content material as
    you did, the internet will probably be much more useful than ever before.

  24. Micheal Deshotel

    Thanks for some other informative website. The place else may I get that type of information written in such a perfect method?

    I’ve a project that I am just now operating on, and I’ve
    been at the look out for such info.

  25. Mary Eden

    I’ll immediately grasp your rss as I can’t find your email subscription hyperlink or newsletter service.
    Do you have any? Please permit me know in order that I may subscribe.


  26. your asmr

    What i don’t realize is actually how you’re no
    longer actually a lot more smartly-preferred than you may be now.

    You are so intelligent. You already know thus considerably
    in terms of this subject, produced me individually consider it from numerous numerous
    angles. Its like men and women don’t seem to be fascinated unless it’s one thing to accomplish with Lady gaga!
    Your own stuffs outstanding. At all times handle it

  27. was scoliosis surgery

    I’m really enjoying the theme/design of your website.
    Do you ever run into any internet browser compatibility issues?
    A handful of my blog readers have complained about my site not operating correctly in Explorer
    but looks great in Opera. Do you have any tips to help fix this

  28. asmr with

    I love your blog.. very nice colors & theme. Did you design this
    website yourself or did you hire someone to do it for you?

    Plz respond as I’m looking to construct my own blog and would like to know where
    u got this from. appreciate it

  29. there scoliosis surgery

    hey there and thank you for your information – I’ve
    certainly picked up something new from right here. I
    did however expertise a few technical points using
    this web site, since I experienced to reload the website many times previous to I could get it to load correctly.
    I had been wondering if your web host is OK? Not that
    I am complaining, but slow loading instances times will sometimes affect your placement in google and could damage
    your quality score if ads and marketing with Adwords.
    Well I am adding this RSS to my e-mail and could look out for a lot
    more of your respective intriguing content.
    Make sure you update this again soon.

  30. Larry Flores

    I have been surfing online more than 4 hours today, yet I never
    found any interesting article like yours. It is pretty worth enough for me.
    Personally, if all website owners and bloggers made good content as you did, the internet will be a lot more
    useful than ever before.

Leave a Reply

Your email address will not be published.