AMLP - Alerian MLP ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
9.91
+0.05 (+0.51%)
At close: 4:00PM EST
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Previous Close9.86
Open9.89
Bid0.00 x 2900
Ask0.00 x 900
Day's Range9.86 - 9.95
52 Week Range8.27 - 11.41
Volume10,225,030
Avg. Volume26,222,286
Net Assets9.07B
NAV9.91
PE Ratio (TTM)N/A
Yield8.21%
YTD Return15.49%
Beta (3Y Monthly)1.21
Expense Ratio (net)0.85%
Inception Date2010-08-25
Trade prices are not sourced from all markets
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    What Pushed Energy ETFs Higher?

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    Energy Transfer’s Valuation before Its Q4 Earnings

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  • Energy Transfer’s Chart Indicators and Short Interest
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    Energy Transfer’s Chart Indicators and Short Interest

    Will Energy Transfer’s Earnings Growth Continue in Q4?(Continued from Prior Part)Moving averages Currently, Energy Transfer (ET) stock is trading at $14.8, which is ~4% above its 50-day simple moving average and 11% below its 200-day simple moving

  • Will Energy Transfer’s Earnings Growth Continue in Q4?
    Market Realist4 days ago

    Will Energy Transfer’s Earnings Growth Continue in Q4?

    Will Energy Transfer’s Earnings Growth Continue in Q4?Energy Transfer Energy Transfer (ET) is expected to report its fourth-quarter and fiscal 2018 earnings on February 20. According to analysts’ estimates, Energy Transfer will report an EBITDA

  • Business Wire4 days ago

    Alerian MLP ETF Declares First Quarter Distribution of $0.1950

    The Alerian MLP ETF (NYSE ARCA: AMLP) declared its first quarter 2019 distribution of $0.1950 on Wednesday, February 13th. The dividend is payable on February 21, 2019 to shareholders of record on February 15, 2019. ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the Alerian Energy Infrastructure ETF and the ALPS|Alerian Energy Infrastructure Portfolio.

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    Pipelines, Politics and Profits

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  • Broader Market Might Have Limited the Downside in Energy ETFs
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  • Williams Companies’ Dividend Profile Compared to Its Peers
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    Williams Companies’ Dividend Profile Compared to Its Peers

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  • Energy ETFs Are Outperforming Oil Prices This Week
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  • Is Energy Transfer a Good Bargain?
    Market Realist24 days ago

    Is Energy Transfer a Good Bargain?

    Energy Transfer Looks Attractive Compared to Its Peers(Continued from Prior Part)Energy Transfer Currently, Energy Transfer (ET) looks relatively expensive compared to its peers. Energy Transfer is trading at a forward EV-to-EBITDA multiple close to

  • Energy Transfer Offers a Sturdy Distribution Yield
    Market Realist25 days ago

    Energy Transfer Offers a Sturdy Distribution Yield

    Energy Transfer Looks Attractive Compared to Its Peers(Continued from Prior Part)Distribution yield Currently, Energy Transfer (ET) offers a distribution yield of 8.4%, which is higher than its five-year average yield of 4.7%. The Alerian MLP ETF

  • Energy Transfer Looks Attractive Compared to Its Peers
    Market Realist25 days ago

    Energy Transfer Looks Attractive Compared to Its Peers

    Energy Transfer Looks Attractive Compared to Its PeersWhat’s next for Energy Transfer? Energy Transfer (ET) reported a strong performance. The company had growth across all of its segments due to expansion projects and production growth last year.

  • Energy Commodities Helped the Upstream Space Last Week
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    Energy Commodities Helped the Upstream Space Last Week

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    Market Realistlast month

    Broader Market Rescued Energy ETFs

    Broader Market Supported the Energy Portfolio(Continued from Prior Part)Correlation with US crude oilOn January 10–17, major energy ETFs had the following correlations with US crude oil March futures:the Alerian MLP ETF (AMLP): 98.2%the Energy

  • Upstream Sector Rose Last Week
    Market Realistlast month

    Upstream Sector Rose Last Week

    Upstream Review for the Week Ending January 11 ## Upstream space has underperformed On January 4–11, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 6.2%—the second-largest gainer among major energy ETFs. A rise of 7.6% in US crude oil prices and a rise of 1.8% in natural gas last week could have helped upstream stocks rise. Last week, the S&P 500 Index (SPY) rose 2.5%, which might have caused another gain in upstream stocks. ## Other major energy ETFs * The VanEck Vectors Oil Services ETF (OIH) rose 7.8%. * The Energy Select Sector SPDR ETF (XLE) rose 3.6%. * The Alerian MLP ETF (AMLP) rose 1.9%. ## WTI spreads Last week, the price difference between WTI at Cushing versus Midland contracted by ~$0.65 per barrel. On January 10, the spread was at the lowest level since November 13. The fall in the spread might indicate a slowdown in the Permian Basin oil production since the takeaway capacity is constant. The WTI-WCS (Western Canada Select) spread contracted by more than $2 per barrel. Alberta’s production cut plan could be behind the contraction in the WTI-WCS spread. Since the plan’s announcement on December 2, the spread has contracted 67.7%. The recovery in the utilization of the Midwest Refinery Operable Capacity from last month might have contracted the gap between these two grades of oil. Last week, the LLS (Louisiana Light Sweet) crude oil versus WTI at Cushing, or the LLS-WTC spread, expanded by almost $1 near the $6.8 level. Next, we’ll discuss the top outperformers on our list of upstream players. Continue to Next Part Browse this series on Market Realist: * Part 2 - Analyzing the Top Upstream Gainers Last Week * Part 3 - Which Upstream Stocks Underperformed Last Week?

  • Wall Street’s Sentiments Boosted Energy ETFs
    Market Realistlast month

    Wall Street’s Sentiments Boosted Energy ETFs

    On January 3—10, major energy ETFs had the following correlations with US crude oil February futures: the VanEck Vectors Oil Services ETF (OIH): -44.8% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): -43.2% the Alerian MLP ETF (AMLP): -38.2% the Energy Select Sector SPDR ETF (XLE): -22.3%

  • Where AMLP Might Go in the Short Term
    Market Realistlast month

    Where AMLP Might Go in the Short Term

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## Moving averages Let’s take a look at where the Alerian MLP ETF (AMLP) might go in the near future. AMLP is trading at $9.6, which is almost 2% above its 50-day moving average and 6% below its 200-day moving average. The recent strength has brought AMLP above its 50-day moving average level, which could act as a support in the short term. However, AMLP’s 200-day level close to $10.2 is expected to act as resistance going forward. ## Relative strength index AMLP has increased almost 15% in the last two weeks. The increase has brought AMLP near the overbought zone. Currently, AMLP is trading at an RSI (relative strength index) of 70. The RSI is a momentum oscillator that takes values from zero to 100. A stock is considered “oversold” when its RSI score falls below 30 and “overbought” when it rises above 70. An extreme RSI value can imply an impending reversal in a stock’s direction. ## Short interest The short interest in AMLP remained fairly unchanged as of December 14. On November 30, the total shorted shares in AMLP were 33.4 million. The total shorted shares on December 14 were 33.5 million. The short interest reflects the number of shares that have been sold short and not yet squared off. The short interest measures investors’ anxiety. To learn more about MLPs, visit Market Realist’s Energy MLPs page. Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain?

  • Energy Transfer Stock Offers a Huge Potential Upside
    Market Realistlast month

    Energy Transfer Stock Offers a Huge Potential Upside

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## Entergy Transfer Energy Transfer (ET) stock presents the highest potential upside among MLPs based on analysts’ target price for the next 12 months. Energy Transfer has a target price of $21.8—compared to its current market price of $14.5, which implies an estimated upside of 50% going forward. Among the 18 analysts tracking Energy Transfer stock, eight recommended a “buy,” eight recommended a “strong buy,” and two recommended a “hold.” None of the analysts recommended a “sell. ## Valuation Energy Transfer stock looks to be trading at a premium compared to its peers. The stock is trading at a forward valuation multiple of 11.0x based on its estimated earnings in 2019. Energy Transfer’s five-year historical average EV-to-EBITDA multiple is around 16x. Energy Transfer stock seems to be trading at a discounted valuation compared to its historical average. Peers’ average forward valuation is lower than Energy Transfer’s valuation. ## Distribution yield Energy Transfer is trading at a distribution yield of 8.6%. The Alerian MLP ETF (AMLP) also offers a yield of 8.6%. Investors in Energy Transfer Partners took a notable cut in the distribution after merging with Energy Transfer Equity. However, Energy Transfer’s current yield looks alluring. Williams Companies (WMB) stock is trading at a forward EV-to-EBITDA multiple of 9.8x based on its projected earnings for 2019. Williams Companies’ historical average multiple is ~18x. The company offers a yield of 5.8%. Continue to Next Part Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain?

  • MPLX Stock Looks Attractive
    Market Realistlast month

    MPLX Stock Looks Attractive

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## MPLX MPLX’s (MPLX) median target price is $41.4, which implies a potential upside of more than 25% from its current price of $33.0. Among the 16 analysts surveyed by Reuters covering MPLX, six recommended a “strong buy,” eight recommended a “buy,” and two recommended a “hold.” None of the analysts recommended a “sell” as of January 8. UBS cut MPLX’s target price from $42.0 to $41.0 last week. ## Valuation MPLX stock has fallen more than 10% in the past year, which mirrored the weakness in the MLP space. Currently, MPLX is trading at a forward valuation of 10x, which lower than MLPs’ (AMLP) average of 11x. MPLX’s five-year historical average valuation is close to 20x. MPLX appears to be trading at a discounted valuation compared to its peers and its historical valuation. MPLX is trading at a distribution yield of 7.8%, which is much higher than its five-year average yield of 3.7%. MPLX’s distributions grew at an above-average rate of 20% in the last five years. MPLX had impressive earnings growth over the years due to drop-down assets from Marathon Petroleum (MPC). The company reported strong volume growth in the third quarter. MPLX seems attractive based on its superior yield and expected earnings growth in 2019. Continue to Next Part Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain?

  • Is Plains All American Pipeline Stock a Good Bargain?
    Market Realistlast month

    Is Plains All American Pipeline Stock a Good Bargain?

    How Analysts View the Top MLPs at the Beginning of 2019 (Continued from Prior Part) ## Plains All American Pipeline Plains All American Pipeline (PAA) stock offers an upside potential of 21% compared to the median target price of $28.2. Currently, Plains All American Pipeline is trading at $23.3. Among the 24 analysts that track Plains All American Pipeline, six analysts recommended a “strong buy,” 11 recommended a “buy,” and seven recommended a “hold.” ## Valuation Plains All American Pipeline is trading at an EV-to-EBITDA multiple of 10.0x, which is lower than its peers’ average. The five-year historical average valuation is close to 15x. Analysts expect earnings growth of 11% from Plains All American Pipeline in 2019—higher than many of its bigger peers. Plains All American Pipeline appears to have an attractive valuation compared to its historical average and its estimated earnings growth. Plains All American Pipeline offers a distribution yield of 5.3%, which is lower than MLPs’ (AMLP) average of 8.6%. Plains All American slashed its quarterly dividend twice in the last two years to finance its expansion projects. Analysts have given ONEOK (OKE) a median target price of $71.3 compared to its current market price of $57.6, which implies an estimated upside of ~24% going forward. ONEOK is trading at a forward valuation of 12.3x, which is higher than its peers’ average. Continue to Next Part Browse this series on Market Realist: * Part 1 - How Analysts View the Top MLPs at the Beginning of 2019 * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 4 - Magellan Midstream Partners Stock: What to Expect

  • How Analysts View the Top MLPs at the Beginning of 2019
    Market Realistlast month

    How Analysts View the Top MLPs at the Beginning of 2019

    How Analysts View the Top MLPs at the Beginning of 2019 ## MLPs in 2019 Midstream energy companies had poor performances in 2018. So far, 2019 has brought many lucrative opportunities in the space. Including dividends, the Alerian MLP ETF (AMLP), the representative of the largest energy MLPs in the country, returned -12%, while crude oil cracked almost 30% last year. Many MLP giants expect strong earnings growth in 2019 based on analysts’ estimates. In this series, we’ll see how Wall Street analysts view these MLPs. We’ll also discuss MLPs’ current valuations and target prices. ## Strong potential upside The above chart shows the estimated upside offered by MLP giants based on the target prices from Wall Street analysts. Among the top five, Energy Transfer (ET) offers a potential upside of 50% for the next 12 months. Enterprise Products Partners (EPD) stock has an implied upside of 22% going forward. Increasing production volumes had a favorable impact on MLPs’ earnings last year. However, geopolitical tensions hampered crude oil prices and MLPs late last year. MLPs played out well when crude oil’s weakness was worse in October. MLPs are relatively more defensive compared to other energy sectors due to their fee-based operations and comparatively lower exposure to energy commodity prices. Currently, MLPs offer a handsome total return potential considering their higher distribution yield and estimated upside based on analysts’ estimates. AMLP offers a distribution yield of 8.6%, which is a spread of more than 6%–7% compared to broader markets and Treasury yields. Continue to Next Part Browse this series on Market Realist: * Part 2 - Enterprise Products Partners: Analysts Are Positive * Part 3 - Is Plains All American Pipeline Stock a Good Bargain? * Part 4 - Magellan Midstream Partners Stock: What to Expect

  • TheStreet.comlast month

    2019 Will Be a Good Year for Income Investors

    2018 was not a particularly good year for any type of investor, but 2019 is setting up to be a good one for income seekers. This fund has very little volatility (cash substitutes shouldn't) and it has an indicated yield of about 2.1%. While we aren't going to satisfy all our income needs with these assets, it allows us to be a little more conservative as a whole without giving up much income on the portfolio level -- which is exactly what we want in our income portfolio.

  • ETF Trendslast month

    MLP ETFs Look Like a Value Play for the New Year

    Master limited partnerships and sector-related exchange traded funds jumped Friday as more investors look to a beaten down area of the market for potential value. On Friday, the InfraCap MLP ETF (NYSEArca: ...