In the oil and energy sector, upstream operations are highly vulnerable to fluctuations in oil and natural gas prices. In contrast, midstream activities, by their business model, generate stable fee-based revenues. This doesn’t mean that investors should always avoid exploration and production companies. However, the million-dollar question is:  given the current state of commodity prices, would it be wiser to hold off on upstream stocks for now?To make this clear, let’s have a comparative analysis of Conoc ...