Better Buy: Enbridge Inc. vs. Buckeye Partners L.P.

While Enbridge (NYSE: ENB) and Buckeye Partners (NYSE: BPL) both operate pipelines and storage terminals, these two companies couldn't be more different. Enbridge is a behemoth in the energy infrastructure space, controlling the biggest crude oil system on the planet as well as a whole host of other assets, including renewable power plants. Buckeye Partners, on the other hand, is a master limited partnership focused on operating refined product pipelines and storage facilities.

Another significant difference between the two is their respective income streams. Buckeye currently entices investors with a monster 8.9% current yield, while Enbridge offers an attractive 4.8% payout. While yield-starved investors might prefer Buckeye's higher payout, when it comes to the better buy between the two, Enbridge wins by a large margin.

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Source: Fool.com