MarkWest Energy Rallies on the Announcement of a Merger with MPLX

The next three stocks on the list of the top five midstream MLP gainers on July 13 are Genesis Energy (GEL), DCP Midstream Partners (DPM), and Enable Midstream Partners (ENBL). They rose 3.77%, 3.33%, and 3.20%, respectively. All three of the MLPs have exposure to natural gas prices.

The Alerian MLP ETF (AMLP) rose 0.89% yesterday. Together, MarkWest Energy, Crestwood Midstream, Genesis Energy, and DCP Midstream account for ~15.29% of AMLP. For context, the upstream energy company heavy SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.78% on the same day.

View more information: https://marketrealist.com/2015/07/markwest-energy-rallies-announcement-merger-mplx/

See more articles in category: Finance
See also  Where Does General Motors Stand in the Electric Vehicle Segment?

Leave a Reply

Back to top button