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  "notes": "The chart displays a time-series of yield spreads with a horizontal line indicating the 2016-2017 median.",
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      "text": "2016-2018 Midstream C-Corp. vs. Large-Cap Pipeline MLP Yield Spreads",
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      "text": "Over the past 2 years (2016 - 2017), the median yield spread between midstream c-corps and large cap pipeline MLPs has been approximately 230 basis points. The median EV/EBITDA multiple spread has been 0.9x over the same time frame.",
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