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Is Current Oil Price Favorable for Enterprise Products' Business?
ZACKS· 2026-01-22 18:45
Key Takeaways Enterprise Products' midstream network generates fee-based revenue, largely insulated from oil price swings.EPD operates more than 50,000 miles of pipelines booked for the long term, supporting predictable cash flows.KMI and ENB also rely on fee-based midstream assets, with sizable project backlogs securing cash flows.The price of West Texas Intermediate is currently hovering around the $60-per-barrel mark. In its latest short-term energy outlook, the U.S. Energy Information Administration (EI ...