April 2020, Vol. 247, No. 4
Features
Pipeline Shares Sink on Oil Decline, Coronavirus Impact
By Jeff Awalt, Executive Editor The share prices of North America’s largest pipeline operators have nosedived during this three-month period, through March 23. (source: P&GJ/Barchart) It’s a common refrain among investors that “a rising tide lifts all boats,” meaning the share prices of similar companies tend to act in unison. Unfortunately, that’s equally true of falling tides, as demonstrated by the performance of North American midstream equities in recent weeks. The impact has been felt by midstream service companies and interstate pipeline operators alike, as well as those involved in LNG production and export. The response

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