Excerpt of article below:
It turns out the impact of the hurricane wasn’t as negative as feared. Energy infrastructure has been able to come back online without too much trouble so far. Investors realized many partnerships have insurance to cover damage or interruptions.
“I don’t think Harvey was that negative,” says Richard Daskin, who manages an MLP portfolio for Cumberland Advisors. “People are looking past it.” He theorizes that there may be positives for energy infrastructure firms from some of the dislocations created by the he hurricane. The spread in prices for different grades of crude from different regions has widened, creating incentives for producers to move it between coasts, which benefits pipeline and transportation MLPs, he adds.
Read the full article at Barron’s: http://www.barrons.com/articles/mlps-stage-a-surprise-post-harvey-comeback-1505530499
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