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OKE, ETE, MPLX, PAA: How Top Midstream Stocks Fared Last Week

Ruth King
OKE, ETE, MPLX, PAA: How Top Midstream Stocks Fared Last Week

After a 0.4% gain in the previous week, the Alerian MLP Index fell 0.5% last week. The Index is up 1.2% YTD (year-to-date), whereas on a total return basis—which includes distributions—the index is up ~7.3% YTD. In comparison, the S&P 500 Index has risen 9.6% YTD. Among the top midstream MLPs and C-corps, ONEOK (OKE) gained 4.1% last week and Energy Transfer Equity (ETE) was up 1.1%.