Midstream Names Report Earnings Beat, Raise Guidance

Midstream second-quarter earnings are well underway with some notable developments for investors. Magellan Midstream Partners (MMP), Cheniere Energy (LNG), and Williams (WMB) this week reported second-quarter earnings that beat Wall Street expectations, with two of the names raising full-year guidance. Magellan reported adjusted EBITDA of $385.9 million, beating Bloomberg consensus estimates by 8.6%. The Bloomberg [...] The post Midstream Names Report Earnings Beat, Raise Guidance appeared first on ETF Trends .