Energy Transfer vs. Enterprise Products Partners: Which Is the Better Dividend Stock to Own?
Both MLPs are solid options, but which investment is best depends on the individual investor.
For investors looking for stocks with high yields and growing dividends, the energy midstream sector presents an attractive opportunity. Among the leading companies in this space are Energy Transfer (NYSE: ET) and Enterprise Products Partners (NYSE: EPD). Both are pipeline master limited partnerships (MLPs) that manage extensive midstream systems across the United States, handling various hydrocarbons including natural gas, oil, and natural gas liquids (NGLs).
Both companies boast impressive yields and have been steadily increasing their distributions. However, choosing between the two may depend on the investor's specific goals and preferences. Energy Transfer boasts one of the most expansive and diversified midstream businesses in North America, with approximately 140,000 miles of energy infrastructure assets spread throughout all major basins and connecting to major markets across the country.
The company has consistently pursued growth opportunities, currently operating in a phase of expansion, particularly driven by favorable conditions in the natural gas sector.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
