3 Midstream Stocks That Can Weather Oil Market Volatility
Key Takeaways Kinder Morgan, MPLX and Williams stand out as midstream firms less exposed to oil price volatility.KMI generates stable fee-based revenue through take-or-pay contracts across its 79,000-mile pipeline network.WMB connects U.S. basins to markets via 30,000 miles of pipelines, supporting natural gas demand.During the initial phase of the pandemic, when vaccines were unavailable, the world faced significant uncertainties. Crude oil prices experienced an unprecedented plunge, falling to a negative ...