Better Buy: Sunoco LP vs. ConocoPhillips

Upstream, midstream, and downstream aren't just spots in a freshwater ecosystem. They're also the three important sectors of the oil and gas industry. Upstream exploration and production companies, like ConocoPhillips (NYSE: COP), drill the oil and gas, then send it through the "midstream" pipelines and storage tanks to a downstream refiner and seller, like Sunoco LP (NYSE: SUN).

Today, let's pit ConocoPhillips and Sunoco LP against each other to see which one looks like the better buy.

Conoco and Sunoco are both oil industry players that have been hammered by the stock market. Image source: Getty Images.

Source: Fool.com