4 Oil Pipeline Stocks to Gain Despite Industry Challenges
Although the midstream energy business is less exposed to oil and gas price volatility, the Zacks Oil and Gas - Production & Pipelines industry’s outlook is still subjected to uncertainties. Due to conservative capital spending by upstream players and slowing global fuel consumption growth, demand for partnerships’ midstream assets may get dented.Despite the uncertainties, pipeline players are better off than upstream and downstream firms since the partnerships generate stable fee-based revenues from their ...