Addis & Hill Spotlight: Dave DeWitt from Dewitt Capital Management
“We are very optimistic that midstream energy infrastructure will have a strong 2018. Most of the question marks surrounding MLPs during the downturn have been answered. MLPs are primed to benefit from improving operational economics, growing volumes and a supportive regulatory environment. Several major projects that are coming on-line in the coming months will enhance cash-flows and drive earnings growth. Management teams shifting towards the self-funding model will create a healthier sector over the long term. The United States has emerged as an energy super-power, and the buildout of infrastructure is vital to the success of shale. With a 7.5% yield, and valuations at significant discounts to historical metrics, we view the asset class as one of the few great values in the market.” Dave DeWitt
Click here: 2018 MLP Outlook