"
Finance

Why PAA Was the Biggest MLP Loser Last Week

Genesis Energy (GEL), a midstream MLP mainly involved in crude oil and refined products transportation, terminaling, and logistics, was the fourth-biggest MLP loser last week. GEL ended the week 5.4% lower. GEL has lost 32.4% over the past year, which could be due to the partnership’s weak earnings, relatively high commodity price exposure, and high leverage.

View more information: https://marketrealist.com/2018/01/why-paa-was-the-biggest-mlp-loser-last-week/

See more articles in category: Finance
See also  https://marketrealist.com/p/is-stock-market-open-on-mlk-day/

Leave a Reply

Back to top button