PAA vs. ET: Midstream Titans Battle for Investor Attention in 2025
The midstream sector of the oil and gas industry plays a pivotal role in connecting upstream production with downstream refining and distribution. It involves the transportation, storage, and wholesale marketing of crude oil, natural gas, and natural gas liquids (NGLs). Midstream companies manage extensive pipeline networks, storage facilities, and processing plants to ensure the efficient and secure movement of hydrocarbons from production sites to end-users.This Midstream sector is known for its capital-i ...