Enterprise Products Partners LPHighlighted as a high-yield, low-leverage MLP with 27 years of distribution growth and attractive valuation.
The Motley Fool suggests that investors nervous about the tech stock frenzy consider three steady, high-yield master limited partnership pipeline stocks: Energy Transfer, Enterprise Products Partners, and Western Midstream. Energy Transfer offers a 7.2% yield and trades at a forward enterprise value-to-EBITDA multiple of 8.3, with growth projects like the Hugh Brinson and Desert Southwest Pipelines expected to generate high-teens returns. Enterprise Products Partners has increased its distribution for 27 straight years, yields 6%, and trades at a forward EV/EBITDA multiple of 10.5, while maintaining low leverage of 3.2x and a strong balance sheet. Western Midstream yields 8.7%, trades at a forward EV/EBITDA multiple under 9, and is expanding its natural gas and crude gathering footprint in the Delaware Basin through the Brazos Delaware acquisition, with leverage of only 3x.
Enterprise Products Partners LPHighlighted as a high-yield, low-leverage MLP with 27 years of distribution growth and attractive valuation.
Energy Transfer Partners L.PHighlighted as a high-yield MLP with growth projects expected to generate high-teens returns and attractive valuation.
Western Midstream Partners LPHighlighted as a high-yield MLP with expansion in the Delaware Basin and low leverage.
Energy Transfer LPHighlighted as a high-yield MLP with growth projects expected to generate high-teens returns and attractive valuation.
NVIDIA Corporation