- There are three kinds of oil and gas companies: upstream, midstream and downstream.
- Earnings for midstream energy companies will reach $63 billion by 2023.
- Today’s Power Stock is a large midstream company and rates a 98 on our proprietary system.
| 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. Earnings before interest, taxes, depreciation and amortization (EBITDA) is a metric used to show the value of a company. The higher a company’s EBITDA, the better its bottom line is. (Click here to view larger image.) Goldman Sachs reports EBITDA for midstream companies was $52 billion in 2019. By the end of next year, the firm expects that number to jump 21.2% to $63 billion. Today’s Power Stock is a $1.6 billion midstream energy company. Click here or on the image below to find out more!   | Most people don’t know this… But sixty percent of the energy that’s generated each year in America is wasted. That’s right — sixty percent! Yet a tiny Silicon Valley company has just discovered how to use AI to tap this trillion-dollar treasure trove of wasted energy … and turn it into power we can use… Meaning this company’s growth could be almost unimaginable… To watch this video for free, click here. | Check Out Our Most Recent Power Stocks: | Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe | | | | | | |
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