Shares of EQT Midstream Partners LP (EQM) are only down 7% in the past year, far less than most other pipeline players. Libby Toudouze, portfolio manager and partner at Cushing Asset Management, said EQT is outperforming its MLP peers because of strength in its downstream business. 'More than 80% of EQT’s business is fee-based and they are a demand-pull pipeline, which means they are going to the downstream users,' said Toudouze. 'That part of the business is doing very well and we are seeing some volume increases because prices are so cheap.' Sunoco Logistics Partners LP (SXL) is down 35% in the past year, pushing its yield to almost 7%. Nevertheless, Toudouze said the Philadelphia, PA-based natural gas transporter has a big natural gas liquids business that will help turn around the company’s fortunes. 'They are in a fantastic position to be the dominant player in exporting natural gas liquids to Europe,' said Toudouze.