(Bloomberg) -- Oil and gas executives from Exxon Mobil Corp. to Occidental Petroleum Corp. have been quick to applaud parts of the $437 billion climate, tax and health-care legislation that Congress is poised to pass this week. The enthusiasm from Big Oil isn’t shared by some smaller and independent producers, which pump the vast majority of the crude and gas produced in the US. They’re bracing for a raft of new fees and taxes, including penalties on leaking methane and much higher payments for
Enterprise Products (EPD) boasts a stable business model and is not significantly exposed to oil and gas price volatility.
Higher activity levels in all the service lines and improved pricing aid RPC's (RES) Q2 earnings.