Midstream energy firms including Enbridge and Energy Transfer approach entry levels as AI-driven energy needs boost demand for pipelines.
Midstream energy stocks, including Enbridge (ENB), Energy Transfer (ET), Hess Midstream (HESM), and Oneok (OKE), edged closer to buy points Monday amid rising demand for AI-related energy infrastructure. Select Water Solutions also flirted with a breakout, driven by increased need for water pipelines supporting data centers and energy exports.
These companies are benefiting from a surge in energy exports and infrastructure investments tied to AI expansion. Prior sessions showed similar momentum, with technical indicators signaling potential entry opportunities for traders. Analysts note the sector’s resilience amid broader market volatility.
Wisdom Tree (WT) also entered a buying range above a consolidation base at 19.85, reflecting broader strength in energy-linked equities. The trend underscores growing investor interest in infrastructure plays tied to AI and export growth.