Things calmed down on the 2019 Midstream 50. There were none of the gigantic zooms up and down that occurred in the prior year, with more typical shuffles by a few points up or down the rule this time around.
Compare those minor moves to last year’s rankings when Enbridge Inc. shot to the top of the list with its Spectra Energy Corp. megadeal. Calgary-based Enbridge rose to No. 1 from No. 4 with that acquisition. That’s a stupendous jump, given Enbridge lives up there in the list’s high-rent district, a neighborhood where a billion here or there can get lost in routine deals.
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