U.S. natural gas liquids (NGL) exports are now projected to grow by more than 10% this year, driven largely by international buyers looking to replace disrupted Middle Eastern supplies. As the U.S.
Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.
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