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3 Oil Pipeline Stocks to Gain on the Prospering Industry

Despite Omicron spreading rapidly worldwide, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bullish. Kinder Morgan (KMI), Williams Companies (WMB) and MPLX LP (MPLX)...

This story originally appeared on Zacks

The midstream energy activity has a significantly lower exposure to coronavirus-induced energy business uncertainty due to the very nature of the business model. Hence, despite Omicron spreading rapidly worldwide, the outlook for the Zacks Oil and Gas - Production & Pipelines industry is bright.

Pipeline players are better off than upstream and downstream firms since the companies are generating stable fee-based revenues from their long-term contracts with shippers. Kinder Morgan, Inc. KMIThe Williams Companies Inc WMB and MPLX LP MPLX are among the frontrunners in the industry that are leading the pack.

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Kinder Morgan, Inc. (KMI): Free Stock Analysis Report


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