infrastructure-utilities Ratings /ratings/en/sector/infrastructure-utilities/midstream content
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The North American midstream energy industry has generally been resilient through economic and structural challenges. These include the Great Recession of 2007-2009 and the change in investor sentiment toward the master limited partnership model in 2015-2017, when the equity markets closed as a source of funding. During both these periods, midstream companies focused on a key financial tenet: maintaining ample liquidity and financial flexibility.

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