03-05-2021, 06:36 PM
(03-05-2021, 05:58 PM)vbin Wrote: That's a good point. Everyone I know already talking about travelling.
Curious why some of the MLPs haven't participated as much in this run much. PSXP, ET, EPD etc all still way low comparatively.
I'd guess because their earnings aren't as levered to the price of oil as the E&Ps are. They generally operate more on fixed contracts based on volumes so they don't see as much upside from higher oil prices.