5 Biggest Midstream Companies Heading into 2024

In this article, we will take a look at the 5 biggest midstream companies heading into 2024. If you want to read our detailed analysis, you can go directly to 20 Biggest Midstream Companies Heading into 2024.

5. Cheniere Energy, Inc. (NYSE:LNG)

Market Capitalization as of November 14, 2023: $41.0 Billion

According to our methodology, Cheniere Energy, Inc. (NYSE:LNG) is one of the biggest midstream companies heading into 2024. The energy infrastructure company owns a Creole trail pipeline, which is a 94-mile pipeline connecting the Sabine Pass LNG terminal with interstate pipelines. Additionally, the company also operates a 21.5-mile natural gas pipeline called, Corpus Christi Pipeline. Cheniere Energy, Inc. (NYSE:LNG) was founded in 1983 and has a market cap of $41.03 billion as of November 14, 2023.

4. The Williams Companies, Inc. (NYSE:WMB)

Market Capitalization as of November 14, 2023: $42.9 Billion 

The Williams Companies, Inc. (NYSE:WMB) is one of the biggest midstream companies heading into 2024. The company offers midstream gathering, processing, and fractionation services. The Williams Companies, Inc. (NYSE:WMB) was founded in 1908 and has a market cap of $42.9 billion as of November 14, 2023.

3. Energy Transfer LP (NYSE:ET)

Market Capitalization as of November 14, 2023: $44.8 Billion 

According to our methodology, Energy Transfer LP (NYSE:ET) is one of the biggest midstream companies heading into 2024. The company engages in the provision of energy-related services and owns an 11,600-mile natural gas transportation pipeline, three natural gas storage facilities in Texas, and a 19,945-mile interstate natural gas pipeline. Energy Transfer LP (NYSE:ET) was founded in 1996 and has a market cap of $44.8 billion as of November 14, 2023.

2. Enterprise Products Partners L.P. (NYSE:EPD)

Market Capitalization as of November 14, 2023: $56.9 Billion 

Enterprise Products Partners L.P. (NYSE:EPD) is a leading midstream company based in the United States. The company engages in the provision of midstream energy services to natural gas, natural gas liquids, crude oil, petrochemicals, and refined product producers. Enterprise Products Partners L.P. (NYSE:EPD) was founded in 1968 and has a market cap of $56.9 billion as of November 14, 2023.

1. Enbridge Inc. (NYSE:ENB)

Market Capitalization as of November 14, 2023: $70.7 Billion

Enbridge Inc. (NYSE:ENB) is one of the biggest midstream companies heading into 2024. The energy infrastructure company operates through five major segments, with a huge stake in the midstream segment. The company focuses on investing in natural gas pipelines and gathering facilities across the United States and Canada. Enbridge Inc. (NYSE:ENB) was founded in 1949 and has a market cap of $70.7 billion as of November 14, 2023.

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