Better Buy: Magellan Midstream Partners vs. Enterprise Products Partners

Enterprise Products Partners (NYSE: EPD) is a bellwether name in the midstream oil and natural gas sector. However, those in the know are just as cognizant of the smaller Magellan Midstream Partners (NYSE: MMP) and the long-term success it has achieved. The problem is that the future for the industry could be very different from the past, and one of these two partnerships is simply better positioned in what is a very uncertain time. Here's a closer look at this pair to help you understand why.

Enterprise Products Partners has a market cap of roughly $43 billion. Its assets span across the pipeline, storage, processing, and transportation sectors of the North American midstream energy industry, and it is easily one of the largest and most diversified names in the space. It would be virtually impossible to replicate the business it has created.

Image source: Getty Images.

Source Fool.com