Watch for These 3 Refining & Marketing MLP Stocks: TRGP, SUN, CAPL
In recent quarters, fuel margins for companies in the Zacks Oil and Gas - Refining & Marketing MLP industry have declined, falling significantly below the peak levels seen in 2022. Although strong demand and light product inventories should continue to support the sector, most operators anticipate subdued margins for the remainder of 2024. Additionally, rising costs driven by persistent inflation are further squeezing profits. However, the defensive nature of these stocks, their fee-based business models, a ...