First Insider Purchase at Western Midstream in Over Two Years – Insider Weekends

Western Midstream Partners LP (WES): $48.92

Market Cap: $20.21B

Enterprise Value: $29.39B

Introduction

One of my longest-held positions is the Alerian MLP ETF (AMLP), which is an exchange-traded fund that invests in energy infrastructure Master Limited Partnerships (MLPs). It tracks the Alerian MLP Infrastructure Index, focusing on midstream companies that earn cash from transporting, storing, and processing oil and gas. Over the last five years or so, the ETF is up approximately 74.53%, but I’ve been collecting steady and sizable dividends from the holding that have further improved returns. The current yield for AMLP is 7.41%. The three largest positions in the AMLP ETF include Sunoco LP (SUN), Energy Transfer LP (ET), and Western Midstream Partners LP (WES).

Only plus or premium subscribers can access this post. Subscribe today.