Utility Gas Distribution Outlook Bright Despite Coronavirus Woes

The Zacks Utility Gas Distribution industry comprises companies that offer services to transport natural gas from the region of production to end users. Gas pipelines play a crucial role in delivering natural gas from intrastate and interstate transmission pipelines to consumers through small diameter distribution pipelines.

Notably, the natural gas network in the United States has nearly 3 million miles of pipeline. Increasing consumption of natural gas in the United States and internationally is driving demand for distribution pipelines.

Let us take a look at the industry’s three major themes:

 

  • Per the U.S. Energy Information Administration’s (EIA) recent short-term energy
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