AMLP - Alerian MLP ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
8.99
-0.26 (-2.81%)
At close: 4:00PM EST
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Previous Close9.25
Open9.22
Bid0.00 x 900
Ask0.00 x 1100
Day's Range8.91 - 9.28
52 Week Range8.91 - 11.89
Volume30,571,289
Avg. Volume18,342,707
Net Assets8.7B
NAV9.55
PE Ratio (TTM)N/A
Yield8.49%
YTD Return-4.42%
Beta (3Y Monthly)1.26
Expense Ratio (net)0.85%
Inception Date2010-08-25
Trade prices are not sourced from all markets
  • ETF Trends2 days ago

    MLP ETFs as a Defensive Energy Sector Play

    The recent fall off in crude oil prices has dragged energy sector stocks down as well. Last month, West Texas Intermediate crude oil prices declined over 20% while the Alerian MLP Index was down 2.2% on a price-return basis and less than 1% on a total-return basis and the Alerian Midstream Energy Select Index was up 0.5% on a total return basis, according to Alerian. "Taking into account the ~30% decline in oil prices over the last two months, we would argue that midstream is performing in line with its defensive nature," according to Alerian.

  • Why the Upstream Space Took Such a Hit Last Week
    Market Realist2 days ago

    Why the Upstream Space Took Such a Hit Last Week

    Between December 7 and 14, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 7.8%—the biggest fall among major energy ETFs. A fall of 2.7% in US crude oil prices and a fall of 14.7% in natural gas last week could have dragged upstream stocks down.

  • Why Energy ETFs Didn’t Match Oil’s Gains
    Market Realist5 days ago

    Why Energy ETFs Didn’t Match Oil’s Gains

    On December 6–13, major energy ETFs had the following correlations with US crude oil January futures: the Alerian MLP ETF (AMLP): 68.8% the Energy Select Sector SPDR ETF (XLE): 60% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 58.4% the VanEck Vectors Oil Services ETF (OIH): 2.8%

  • Antero Midstream Partners: What Can Investors Expect?
    Market Realist7 days ago

    Antero Midstream Partners: What Can Investors Expect?

    Antero Midstream Partners (AM) has a median target price of $38.0—compared to its current market price of $26.90, which indicates a potential upside of 41.30% for the next 12 months.

  • MLPs: Analyzing the Opportunities Ahead
    Market Realist7 days ago

    MLPs: Analyzing the Opportunities Ahead

    MLP stocks have been on a notable downtrend for a while. So far, crude oil prices have fallen more than 16% in 2018. Crude oil prices influenced the similar movement in MLPs. Increasing production volumes had a positive impact on MLPs’ earnings in the third quarter. However, geopolitical tensions pulled down crude oil prices and MLPs.

  • Comparing Energy’s Transfer’s Yield with Its Peers
    Market Realist8 days ago

    Comparing Energy’s Transfer’s Yield with Its Peers

    Although the turmoil in crude oil prices has dented energy MLPs lately, some of the top-yielding names still seem to catch investors. Energy Transfer (ET) is offering a distribution yield of 8.6%. The Alerian MLP ETF (AMLP), the representative of the top 25 MLPs, is also trading at a yield of 8.6%.

  • Why the Upstream Space Failed to Catch Oil’s Rise
    Market Realist9 days ago

    Why the Upstream Space Failed to Catch Oil’s Rise

    Between November 30 and December 7, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 3.9%—the second-largest fall among major energy ETFs. A rise of 3.3% in US crude oil prices last week wasn’t sufficient to push the upstream energy space into positive territory.

  • Why Are Oil and Equity Indexes Diverging?
    Market Realist9 days ago

    Why Are Oil and Equity Indexes Diverging?

    On November 30–December 7, US equity indexes ended in the red. Last week, the S&P Mid-Cap 400 (IVOO), the S&P 500 (SPY), and the Dow Jones Industrial Average (DIA) fell 5.2%, 4.6%, and 4.5%, respectively. Energy stocks form ~5.1%, 5.9%, and 5.2%, respectively, of these equity indexes.

  • OPEC’s Cut: Will Energy ETFs Gain?
    Market Realist12 days ago

    OPEC’s Cut: Will Energy ETFs Gain?

    On November 29–December 6, major energy ETFs had the following correlations with US crude oil January futures: the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 77.6% the VanEck Vectors Oil Services ETF (OIH): 77.2% the Energy Select Sector SPDR ETF (XLE): 64% the Alerian MLP ETF (AMLP): 63.9%

  • Trending: Soybeans Jump on US-China Trade Ceasefire
    ETF Database13 days ago

    Trending: Soybeans Jump on US-China Trade Ceasefire

    Optimism after the G20 Trump-Xi truce drove up soybean prices as the Chinese are expected to resume orders for U.S. agricultural products. Master Limited Partnerships are looking forward to the upcoming OPEC+ meeting this week in Vienna. On the technology side, cloud computing enjoyed rejuvenated investor interest following solid earnings from big players. China and various agricultural commodities like sorghum and corn made this week’s list as the U.S.-China truce should propel U.S. exports to 2017 levels and beyond. Check our previous Ttrends edition at Trending: Cold Weather and Low Inventories Push Natural Gas Prices to Four-Year Highs.

  • ETF Trends20 days ago

    An Alternative ETF Play for a Rising Rate, Inflationary Environment

    "2018 is the worst year for a 60/40 portfolio since 2011, so far through the first 10 months of the year, and a few things that are performing quite well in that environment are real assets," Jeremy Held, Director of Research at ALP, said at the Charles Schwab IMPACT 2018 conference. Held specifically highlighted the strength in MLPs, arguing that the asset category holds up well during inflationary periods as well as showing resilience through rising rate environments. Consequently, investors may look to something like the ALPS Alerian MLP ETF (AMLP) , the largest and most liquid MLP-related ETF on the market.

  • ETFs & Tax Efficiency: What Investors Need to Know
    Zacks20 days ago

    ETFs & Tax Efficiency: What Investors Need to Know

    ETFs are more tax efficient than mutual funds due to the way they are structured. However not all ETFs are tax smart.

  • Analyzing Energy Transfer’s Valuation Compared to Its Peers
    Market Realist22 days ago

    Analyzing Energy Transfer’s Valuation Compared to Its Peers

    Energy Transfer (ET) stock seems to be trading at a discounted valuation compared to its five-year historical average. The stock is trading at a forward enterprise value-to-EBITDA multiple of 11x based on the estimated earnings for the next year. Energy Transfer’s historical average valuation is near 16x. Peers’ average valuation is close to 10x. So, the stock looks expensive compared to its peers. However, Energy Transfer’s strong expected growth above 13% next year likely justifies the premium valuation.

  • What’s Dragging Energy ETFs?
    Market Realist26 days ago

    What’s Dragging Energy ETFs?

    On November 15–21, major energy ETFs had the following correlations with US crude oil January futures: the VanEck Vectors Oil Services ETF (OIH): 99.2% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 96.2% the Energy Select Sector SPDR ETF (XLE): 94.8% the Alerian MLP ETF (AMLP): 92.6%

  • Does Western Gas’s Consolidation Make Its Yield Attractive?
    Market Realist26 days ago

    Does Western Gas’s Consolidation Make Its Yield Attractive?

    On November 8, Western Gas Equity Partners (WGP) announced an agreement to acquire Western Gas Partners (WES) in a unit-for-unit exchange. Once completed, Western Gas Equity Partners is to own ~98% of WES and parent Anadarko Petroleum (APC) will own ~2%. The acquisition is expected to complete in Q1 2019.

  • What Makes MPLX’s 7.5% Yield Attractive
    Market Realist26 days ago

    What Makes MPLX’s 7.5% Yield Attractive

    MPLX (MPLX) is trading at an attractive yield of ~7.5%. The company’s coverage ratio for the third quarter was 1.47x. With a healthy coverage and conservative leverage, MPLX’s yield looks attractive. MPLX had impressive earnings growth over the years, driven by drop-down assets from parent Marathon Petroleum (MPC). The company reported strong volume growth in the third quarter of 2018.

  • Sunoco’s 12% Yield: Management Expects to Sustain Distributions
    Market Realist27 days ago

    Sunoco’s 12% Yield: Management Expects to Sustain Distributions

    Energy Transfer’s (ET) MLP subsidiary, Sunoco (SUN), is trading at a high yield of 12%. Sunoco hasn’t raised its distributions for the last nine quarters. As the above graph shows, Sunoco has fallen ~7% year-to-date, outperforming the Alerian MLP ETF (AMLP).

  • Analyzing Energy Transfer’s 8.3% Yield
    Market Realist27 days ago

    Analyzing Energy Transfer’s 8.3% Yield

    Energy Transfer (ET) paid a per-unit distribution of $0.305 for Q3 2018, which implies a yield of ~8.3%, based on Energy Transfer’s current stock price. Though Energy Transfer Partners’ unitholders had to take an effective distribution cut after the merger with Energy Transfer Equity, Energy Transfer’s yield looks attractive currently. Energy Transfer’s distribution coverage ratio, pro forma for the Energy Transfer Partners-Energy Transfer Equity merger, was 1.73x for Q3 2018.

  • Why MLPs Are Still an Attractive Option for Income Investors
    Market Realist27 days ago

    Why MLPs Are Still an Attractive Option for Income Investors

    Energy MLPs had been a favorite for income-seeking investors for nearly two decades. The challenges following the slump in oil prices in 2014–2015 took the wind out of this sector, though. However, as the sector consolidates and companies find ways to survive and grow in the new environment, some interesting opportunities seem to be available for investors. The Alerian MLP Index, a benchmark index for energy MLPs, is trading at a yield of ~8.1%. That’s ~5% higher than the US ten-year Treasury yield.

  • Enterprise Products Partners: Big Positions Added in Q3 2018
    Market Realistlast month

    Enterprise Products Partners: Big Positions Added in Q3 2018

    Enterprise Products Partners (EPD), the largest midstream company by market capitalization and the largest component of the Alerian MLP ETF (AMLP), has risen marginally in 2018. Let’s take a look at how institutional investors played Enterprise Products Partners during the third quarter.

  • How Institutional Investors Played AMLP in Q3 2018
    Market Realistlast month

    How Institutional Investors Played AMLP in Q3 2018

    Many midstream companies reported better-than-expected earnings in the third quarter. The earnings were mainly driven by higher oil and gas production and new expansion projects that came online during the quarter. The Alerian MLP ETF (AMLP), which represents the 25 largest MLPs, has returned -3%, while broader markets have returned 4% so far this year. The energy (XLE) sector has fallen more than 7% year-to-date.

  • Oil Isn’t the Only Factor Dragging Energy Stocks
    Market Realistlast month

    Oil Isn’t the Only Factor Dragging Energy Stocks

    On November 8–15, major energy ETFs had the following correlations with US crude oil January futures: the VanEck Vectors Oil Services ETF (OIH): 71.2% the Energy Select Sector SPDR ETF (XLE): 65.5% the Alerian MLP ETF (AMLP): 56.6% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 37.8%

  • Energy Transfer Stock’s Valuation after Q3 2018 Earnings
    Market Realistlast month

    Energy Transfer Stock’s Valuation after Q3 2018 Earnings

    Energy Transfer (ET) stock is currently trading at a forward enterprise value–to–EBITDA multiple of 12x, based on its expected 2019 earnings. Its five-year historical average valuation is over 16x. Peers’ average is close to 10x. So Energy Transfer stock seems to be trading at a premium valuation to its peers, and it seems inexpensive compared to its historical average. Although Energy Transfer stock looks expensive, its robust expected growth of above 15% next year likely justifies the premium valuation.

  • Have Energy ETFs Evaded Oil’s Fall?
    Market Realistlast month

    Have Energy ETFs Evaded Oil’s Fall?

    On November 1–8, major energy ETFs had the following correlations with US crude oil December futures: the VanEck Vectors Oil Services ETF (OIH): 83% the Alerian MLP ETF (AMLP): 81.8% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 80.2% the Energy Select Sector SPDR ETF (XLE): 74.4%

  • Business Wirelast month

    Alerian MLP ETF Declares Fourth Quarter Distribution of $0.1913

    The Alerian MLP ETF (NYSE Arca: AMLP) declared its fourth quarter 2018 distribution of $0.1913 on Wednesday, November 7th. The dividend is payable on November 15, 2018 to shareholders of record on November 9, 2018. ALPS Portfolio Solutions Distributor, Inc. is also the distributor for the Alerian Energy Infrastructure ETF and the ALPS|Alerian Energy Infrastructure Portfolio.