“On the Road with SteelPath” is a new video series highlighting some of the energy infrastructure companies that are included in OFI SteelPath’s investable universe.
In the series’ debut video, SteelPath Senior Research Analyst Chad Potter, CFA, visits NuStar Energy L.P.’s (NYSE: NS) North Beach storage and shipping facility in Corpus Christi, Texas, and speaks with NuStar Chief Executive Officer Brad Barron.
Among the topics Chad discusses with NuStar CEO Barron are the economics of the North Beach facility; its pipelines and storage capacity; growth and export prospects tied to increasing shale oil output from the Permian Basin; and NuStar’s health, safety, and environmental policies, procedures, and record.
SteelPath Senior Research Analyst Chad Potter, CFA sits down with EnLink Midstream’s Senior Vice President Mike Burdett. EnLink Midstream provides integrated midstream services across natural gas, crude oil, condensate, and NGL commodities.
Mr. Burdett explains to viewers what a natural gas processing plant does, where EnLink operates from and the longevity and economics of EnLink’s Bridgeport facility in the Barnett Shale.
Check back often to view new videos and learn more about the energy infrastructure companies in which we invest.
The mention of specific companies does not constitute a recommendation by OppenheimerFunds, Inc. Certain Oppenheimer funds may hold the securities of the companies mentioned. A list of the top 10 holdings of each fund can be found by visiting Oppenheimerfunds.com.
Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value. Investing in MLPs involves additional risks as compared to the risks of investing in common stock, including risks related to cash flow, dilution and voting rights. Energy infrastructure companies are subject to risks specific to the industry such as fluctuations in commodity prices, reduced volumes of natural gas or other energy commodities, environmental hazards, changes in the macroeconomic or the regulatory environment or extreme weather. MLPs may trade less frequently than larger companies due to their smaller capitalizations which may result in erratic price movement or difficulty in buying or selling.
These views represent the opinions of OppenheimerFunds, Inc. and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments.