Midstream/MLP Companies Set New Record for Buybacks in Q3 2025

In Q3 2025, midstream MLPs and corporations reached a record high in quarterly equity repurchases, with Cheniere Energy spending over $1 billion on buybacks. Eight constituents of the Alerian Midstream Energy Index spent a combined $1.59 billion on equity repurchases. Over 75% of the index by weighting has a buyback authorization in place, representing 18 constituents.