Posted on January 28, 2020
The Profitability of the Oil and Gas Industry
Oil and gas industry are some of the largest, most profitable industries in the world. If you find the right oil and gas companies to invest in, you can bring huge profits for your portfolio. To make a lot of money by oil and gas direct investment opportunities, these companies are focused on three main areas:
Upstream: This is also known as an exploration and production, or E & P, and involves searching for underground and underwater fields of crude oil and natural gas, as well as the drilling of exploration wells and drilling into the well established with the hope of finding oil and gas.
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Midstream: This is the transport, processing, and storage of oil and gas, and transport may involve pipelines, tankers, and a fleet of trucks.
Downstream: This is the filtering of the raw materials found during upstreaming, and, in this case, refers to the natural gas purification and refining of crude oil. It also includes distributing and marketing products such as lubricants, gasoline, heating oil, and natural gas to customers.
Determining what exactly is the oil and gas company that you want to invest in doing before adding them to your investment portfolio is important. You want to keep your eye on the news to find out where your money will go further.