Why Is No One Talking About This Monster 3-for-1 Stock Split That Goes Into Effect Before the End of 2025?
Yahoo Finance·2025-12-18 12:23
The oil and gas industry is capital-intensive. Upstream exploration and production companies are the most sensitive to fluctuations in oil and gas prices. Midstream companies, which transport and store hydrocarbons, tend to have less price sensitivity due to long-term contracts but are incredibly capital-intensive and depend on growing demand to justify infrastructure spending. Similarly, the margins of downstream refining and marketing companies can fluctuate based on input costs, such as oil prices and th ...