- Fee-based businesses and contract protections equip the midstream space to better withstand commodity price volatility relative to its energy peers while delivering attractive income and greater cash flow stability.
- Resilient natural gas prices and steady demand benefit midstream and help alleviate effects from the uncertainty permeating the oil market.
- Oil and natural gas production forecasts were revised higher for 2021 and 2022, with both crude oil and natural gas production expected to grow in 2022, which fares well for midstream's volume driven, fee-based business model.
For further details see:
Midstream/MLPs: Cutting Through The Noise