Better Buy: Enterprise Products Partners LP vs. Buckeye Partners, L.P.
Enterprise Products Partners LP (NYSE: EPD) and Buckeye Partners, L.P. (NYSE: BPL) are oil and natural gas midstream partnerships with long histories of regular distribution increases. Enterprise's annual streak is 20 years and counting, while Buckeye's is even better, boasting 22 consecutive years with an annual increase. You might also select Buckeye because of its 8.8% yield, which is more than 2 percentage points higher than Enterprise's. Before you make that call, you should know these facts.
Buckeye Partners, with a roughly $8 billion market cap, is largely focused on owning energy storage facilities. It does own pipelines, and is building a new one right now, but these investments are really secondary to its port storage operations. In other words, if you buy Buckeye, you're basically honing in on just one niche in the midstream space.
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Source: Fool.com
