What's Next for Oil and Midstream ETFs Like 'ENFR'? : vimars

What's Next for Oil and Midstream ETFs Like 'ENFR'?


March 15, 2021
With oil prices soaring, some analysts believe higher output isn’t far behind. Yet many producers are likely to show some restraint, and that’s a big positive for midstream assets like the
The ALPS ETF tracks the Alerian Midstream Energy Select Index (CME: AMEI). ENFR acts as a type of hybrid energy infrastructure ETF, which helps investors capture some of the high yields from MLPs while limiting the tax hit from solely owning MLPs. Part of the good news for the sector is that some well-known investors are revisiting energy equities.
“Sustained higher oil prices likely will encourage U.S. producers to increase production this year, which could eventually weigh on prices, J.P. Morgan analysts say, now forecasting U.S. crude output to exit 2021 averaging 11.78M bbl/day, 710K bbl/day more than a year earlier,” reports

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