Notable companies
The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Kinder Morgan (NYSE:KMI), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NYSE:AM), Plains GP Holdings LP (NASDAQ:PAGP).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP & Energy Infrastructure Index.
The fund invests at least 80% of its total assets in the securities of the index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The index tracks the performance of midstream energy infrastructure MLPs and corporations. It is non-diversified.
Market Cap
The average market capitalization across the Global X MLP & Energy Infrastructure ETF ETF is 25.15B. The market cap for tickers in the group ranges from 1.42B to 76.58B. ENB holds the highest valuation in this group at 76.58B. The lowest valued company is NEXT at 1.42B.
High and low price notable news
The average weekly price growth across all stocks in the Global X MLP & Energy Infrastructure ETF ETF was 12%. For the same ETF, the average monthly price growth was 37%, and the average quarterly price growth was 83%. AROC experienced the highest price growth at 11%, while NEXT experienced the biggest fall at 0%.
Volume
The average weekly volume growth across all stocks in the Global X MLP & Energy Infrastructure ETF ETF was 59%. For the same stocks of the ETF, the average monthly volume growth was 129% and the average quarterly volume growth was 94%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 30
P/E Growth Rating: 43
Price Growth Rating: 35
SMR Rating: 47
Profit Risk Rating: 29
Seasonality Score: 7 (-100 ... +100)