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Part 1: Midstream Energy Members Public

Summary 1. Comparing equity yields in midstream energy with fixed income can be challenging given its added risk and growth components. Metrics such as dividend yield and free cash flow yield do not provide a full picture and we walk through two approaches for analyzing yield. 2. The midstream sector

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Company Analysis

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SPWH: A Post-COVID Deer in Headlights Members Public

Going forward, we plan on occasional posts like this where we don't do a deep-dive, but provide high level thoughts on idiosyncratic situations we are watching. Summary 1. SPWH is facing a post-COVID hangover with weak sales trends and declining margins after opening too many stores. 2. We

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Company Analysis

Cross-Asset Snapshot Members Public

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Cross-Asset Snapshot Members Public

TheSpreadSite
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