The midstream has faced significant capital hurdles in recent years. Do MLPs continue to have a role in the sector? What is the role of private equity? How can midstream operators draw Wall Street’s interest again? Hear the views of one of the sector’s major thought leaders.
Who has the money right now in the oil and gas business? Look downstream. Wide crack spreads have made refiners very profitable and many, including Marathon look to become big players in the midstream too.
Private equity funds gain favor for the customization they offer that MLPs don’t.
MLPs continue to be a tax-efficient business model for the midstream despite multiple challenges.