4 Oil Pipeline Stocks to Gain on Recovering Midstream Asset Demand

Nilanjan Banerjee
·1 min read

The midstream energy business is less exposed to coronavirus-induced oil and gas price volatility, brighteningupthe outlook for the Zacks Oil and Gas - Pipeline MLP industry. Demand for the partnerships’ pipeline assets is recovering since production volumes of commodities are rising with upstream companies gradually returning to shale plays.

The partnerships are generating stable fee-based revenues from their long-term contracts with shippers. Having a huge backlog of growth projects, midstream players secure additional cashflows, depicting a stable and low-risk business model. Some of the frontrunners in the industry are Enterprise Products Partners LP EPD, Energy Transfer LP ET, Shell Midstream Partners LP SHLX and Summit Midstream Partners LP SMLP.

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Enterprise Products Partners L.P. (EPD) : Free Stock Analysis Report
 
Energy Transfer LP (ET) : Free Stock Analysis Report
 
Summit Midstream Partners, LP (SMLP) : Free Stock Analysis Report
 
Shell Midstream Partners, L.P. (SHLX) : Free Stock Analysis Report
 
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