Big Oil vs. Midstream: Which Side of the Barrel Pays Better Right Now?
Energy stocks currently offer high dividend yields.
Energy stocks offer attractive dividend yields, but midstream companies currently provide higher yields than major oil companies. ExxonMobil and Chevron, the world's largest oil firms, pay respectable dividend yields, yet midstream firms like Enterprise Products Partners (EPD) and Enbridge yield over 5%. MLPs like Enterprise and Canadian corporations like Enbridge face tax complexities, but they boast impressive dividend growth records.
With substantial capital projects underway, both midstream companies have plans to expand, making them strong candidates for income-focused investors seeking higher yields in the energy sector.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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