While the midstream energy sector is less vulnerable to fluctuations in oil and gas prices, the outlook for the Zacks Oil and Gas - Production and Pipelines industry remains uncertain. Reduced capital spending by upstream companies and weak global oil demand could negatively impact the utilization of midstream assets held by companies. Despite the challenges, pipeline players are in a stronger position than upstream and downstream firms, as they benefit from steady, fee-based income through long-term contra ...