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4 Resilient Oil Pipeline Stocks to Watch Despite Industry Pressures
ENBEnbridge(ENB) ZACKS·2024-12-26 17:01

Although the midstream energy sector is less exposed to volatility in oil and gas prices, the outlook for the Zacks Oil and Gas - Production and Pipelines industry remains uncertain. Declining capital expenditures by upstream companies could lower the utilization of midstream assets. Additionally, a significant debt burden continues to hinder the ability of midstream energy companies to fund new projects and weather economic downturns.Despite the challenges, pipeline players are in a stronger position than ...