Midstream Buybacks Jump in 2Q22 as C-Corps Pitch In
August 24, 2022 at 09:21 AM EDT
Summary A dozen energy infrastructure companies spent a combined $1.4 billion on equity repurchases in 2Q22. Four names spent $100+ million in the quarter led by Cheniere Energy (LNG). Constituents with buyback programs account for over 75% of the Alerian Midstream Energy Index (AMNA) by weighting. Buybacks are likely to remain an important tool for [...] The post Midstream Buybacks Jump in 2Q22 as C-Corps Pitch In appeared first on ETF Trends .
