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@kewur 5 months ago

Four High-Yield Pipeline MLPs Standing Out in 2024

Four High-Yield Pipeline MLPs Standing Out in 2024

Pipeline MLPs like Energy Transfer, Enterprise Products Partners, Western Midstream, and MPLX are looking strong as long-term income generators. ET has cleaned up its balance sheet and is in expansion mode, with exposure to LNG and data center growth. EPD has raised its distribution 27 years in a row, keeps leverage low, and continues to invest in high-return projects. WES offers close to a 10% yield backed by predictable cash flows and just made a big acquisition in water services. MPLX has boosted its distribution for three straight years, is focused on natural gas growth and Permian assets, and keeps leverage in check. Each of these names is growing payouts and operating conservatively compared to much of the market.
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@Simonwhite 5 months ago

MPLX has its strength as an income oriented stock, having said that, it’s actively expanding(acquisition of Northwind Midstream for example) expectedly boosting distributable cash flow. So I’m in favour of it.

@AntonioMyers 5 months ago

Western midstream: You need to be comfortable with upstream cyclicality, project execution risk, and the possibility that massive infrastructure investments may not always translate into proportionate cash flow gains if drilling slows or producer priorities shift.