Summary Eight constituents in the broad Alerian Midstream Energy Index (AMNA) spent a combined $1.31 billion on equity repurchases in 4Q25. Throughout 2025, 10 constituents repurchased a combined $4.55 billion, narrowly beating the index’s previous annual record from 2022. Cheniere Energy (LNG) dominated repurchase activity for the quarter and the year, spending over $1 billion […]

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