3 High-Yield Energy Stocks to Earn Passive Income for Years
You probably know that carbon fuels are not held in high regard today because of fears concerning global warming. And yet, the world would perhaps literally would come to a screeching halt without oil and natural gas.
If you can stomach investing in an out-of-favor sector that likely still has decades of demand ahead of it, you might want to consider midstream names like Enterprise Products Partners (NYSE: EPD), Enbridge (NYSE: ENB), and, for the more forgiving sorts, Kinder Morgan (NYSE: KMI). Here's why.
Enterprise Products Partners, Enbridge, and Kinder Morgan all operate in the energy sector, but they are midstream stocks. That means that they own the pipelines, storage, processing, and transportation assets that help move oil and natural gas. These are generally fee-based businesses that aren't nearly as impacted by commodity prices. As such, their cash flows tend to be pretty resilient, with demand a bigger issue than what an end customer is paying at the pump on any given day, month, or year.
Source Fool.com
