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Both companies run large natural gas, NGL, and crude/product pipeline systems, plus storage and terminal assets, so they compete for the same shippers and long-term transport contracts. They also both earn money from gathering, processing, fractionation, and other midstream services for producers.
Uptrend. Momentum is getting stronger.
Means
Buyers still have control in the short term.
Based on
Volatility is in a normal range and mostly steady.
Means
Swing size is in a normal range, but risk control still matters.
Based on
Current level looks expensive.
Means
Price is near the top of its recent range, so upside room can be limited.
Based on
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