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Midstream Energy Stock Soars 5X Past Its Peers

Not all energy companies are the same.

The three different categories oil and gas companies fall into are:

Upstream — Produces raw crude oil and natural gas.
Midstream — Focuses on processing, storing, transporting and marketing oil and natural gas.
Downstream — Refines crude oil into gasoline, diesel, jet and other fuels.

Costs are higher in the upstream market, while downstream activities depend on supply and demand.

Midstream profits come from long-term, fixed-fee contracts, so their profits are more stable than their counterparts’. And a little stability sounds nice in these current market conditions.

Today’s Power Stock is a $1.6 billion midstream energy company…

This post appeared first on Money & Markets, LLC.