Core Insights - The oil and energy market is highly volatile, but risk-averse investors should consider midstream players due to their lower vulnerability to commodity price fluctuations [1][2][7] Midstream Players' Stability - Midstream companies have extensive networks for oil and gas transportation and storage, allowing them to mitigate price and volume risks through long-term contracts [2][7] - Many midstream companies possess significant project backlogs, ensuring stable cash flows and reducing exposure to oil and gas price volatility [3][7] Key Stocks to Watch - Williams (WMB) operates a 33,000-mile pipeline network, generating stable cash flows and positioned to benefit from clean energy demand, currently holding a Zacks Rank 3 [4] - Kinder Morgan (KMI) transports 40% of the natural gas produced in the U.S. and has a project backlog of $9.3 billion, with a Zacks Rank of 1 [5] - Enterprise Products (EPD) has over 50,000 miles of pipeline and a liquid storage capacity of more than 300,000 barrels, generating stable fees and holding a Zacks Rank 3 [6]