Through 2024, the energy midstream sector had posted four consecutive years of double-digit total returns, including a massive 40% gain in 2024. The broad North American midstream benchmark, the Alerian Midstream Energy Index, posted a 5.0% return in 2025.
Midstream lagged the broader energy sector, which was up 8.0%, and both were well behind the S&P 500’s 17.9%.
However, MLP investing involves Schedule K-1 reporting—and I don’t recommend investing in K-1 reporting companies. So, how do we get that K-1 energy exposure?
This post originally appeared at Investors Alley.