Ratings from banks typically don't have an time horizon beyond a year. In the following video, Motley Fool analyst Taylor Muckerman dissects changes for three midstream companies. For him, the two upgrades should hold for longer than a year given the market prospects for natural gas liquids. ONEOK Partners (OKS +0.00%) is even a company that he has been following for quite some time. Why might this company and a peer have been upgraded while a somewhat similar midstream company lost a spot on the ratings ladder? Tune in below for our take.
Banks ratings don't always work out. How about the latest energy ratings from Bank of America Merrill Lynch?
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.