FORBES | Since the March lows, the midstream sector of the oil and gas industry has recovered most of its losses. While the overall sector is still down for the year, the 19.5% year-to-date loss in the Alerian Midstream Energy Select Index (AMEI) is still better than all other major energy sector benchmarks.
The latest research note from independent energy infrastructure and master limited partnership (MLP) market intelligence data provider Alerian discusses this year’s roller coaster in the midstream sector. The report notes that from December 31 to the low on March 18, the Alerian MLP Infrastructure Index (AMZI) decreased 67.4%, slightly more than the 66.6% decline in the price of West Texas Intermediate (WTI).
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