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Wide-Moat Firms We Like in Midstream Energy

Research shows that the industry features many moat-worthy firms, and we look at what differentiates them.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Stephen Ellis. He is an equity strategist here at Morningstar. He recently did a deep dive into the competitive advantages of midstream energy and pipeline companies. He is here to talk about what he found.

Stephen, thanks for joining me.

Stephen Ellis does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.