Better Buy: Enbridge vs. Enterprise Products Partners
Both Enbridge (NYSE: ENB) and Enterprise Products Partners (NYSE: EPD) are top energy-sector stocks with solid performance and dividend growth histories. Both companies have impressively weathered the ups and downs in the energy sector over the last several years. What's more, with healthy project pipelines, each looks set to continue growing in the years to come. Despite these similarities, one of the two looks like a better buy than the other right now. Let's see why.
Enterprise Products Partners is a diversified midstream company that transports, stores, and processes crude oil, natural gas, and natural gas liquids (NGLs). It is structured as an MLP -- which some investors don't like due to the extra work needed at the time of filing tax returns.
Canadian pipeline company Enbridge has its operations spread across Canada and the U.S. Primarily involved in the transport of oil and gas, Enbridge also has gas utility and power transmission businesses.
Source Fool.com
