From Yahoo Finance: 2024-08-26 20:30:00

Energy Transfer (NYSE: ET) offers an 8% distribution yield, while Enterprise Products Partners (NYSE: EPD) offers 7.2%. Despite both being in the midstream energy sector, Enterprise is seen as a better investment than Energy Transfer due to the latter’s past distribution cuts and questionable decisions, like a failed 2016 acquisition agreement. Energy Transfer’s history with distribution and management decisions raise concerns for investors looking for income consistency. On the other hand, Enterprise Products Partners has a strong track record of increasing distributions and making unitholder-friendly decisions, making it a reliable option for long-term income. Stick with Enterprise if you prioritize stability over excitement.



Read more at Yahoo Finance: 1 Ultra-High-Yield Energy Stock to Buy Hand Over Fist and 1 to Avoid