17 Sep

CLMT, NBLX, and WES Fell the Most among MLPs Last Week

WRITTEN BY Ruth King FEATURED IN Price Movement Observations

Which MLPs fell the most last week?

Downstream MLP Calumet Specialty Products Partners (CLMT) fell 6.5% last week, which ended September 14. Noble Midstream Partners (NBLX) fell 3.7% last week and has fallen 21% so far in 2018. Western Gas Partners (WES) and its general partner Western Gas Equity Partners (WGP) fell 3.6% and 3.7%, respectively, last week.

WES and WGP have fallen 2% and 14%, respectively, so far in 2018. Shell Midstream Partners (SHLX) fell 3.5% last week. The stock has fallen 28% so far in 2018. The above graph shows the MLPs and midstream companies that lost the most last week.

Other MLPs that fell

Other MLPs that lost last week include EnLink Midstream Partners (ENLK), DCP Midstream Partners (DCP), Tallgrass Energy (TGE), NGL Energy Partners (NGL), and Williams Companies (WMB). They fell 3%, 2.7%, 2.5%, 1.7%, and 1.7%, respectively.

Williams Companies fell below its 200-day moving average last week and is currently trading 1.2% below that average.

Next, let’s take a look at the top MLP and midstream gainers last week.

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