Energy midstream assets are irreplaceable monopolies
The guest argued that midstream energy pipelines represent irreplaceable infrastructure assets akin to railroads, offering defensive characteristics and strong yields.
The argument
Oakley noted that building new pipelines is nearly impossible due to regulatory and environmental hurdles, making existing networks highly valuable. He also argued that oil prices are structurally supported by depleted strategic reserves and low tank storage.
The thesis, stress-tested
✓ What validates it
- ✓Midstream companies increasing distribution/dividend payouts
- ✓Oil prices rising toward the $150 target mentioned by industry majors
▸ Risks discussed
- ▸Regulatory changes affecting pipeline tariffs
- ▸Fluctuations in domestic oil and gas production volumes
Hear it yourself
"Yeah. When you look at the markets as an investor Mhmm. Are you waiting for something? Are you sitting and waiting? Like, what are you doing right now? Or are you finding opportunities? Like, what you said, there's maybe little pockets of Yeah. I mean, the last time I talked to you, I mentioned that probably Gold had a bit to go. Mhmm. It was around 4,600 or something, I think, at the time. Well, that happened. And in the last few days, we've been we've been adding. Okay. So you're back you're adding back to gold because I think I remember you had trimmed some pieces."
AFFILIATE LINK · ZORTIX MAY EARN A COMMISSION · NEVER A RECOMMENDATION TO TRADE