Midstream master limited partnerships (MLPs) provide steady income and growth by transporting, processing, and storing oil and gas. Energy Transfer (NYSE: ET) is aggressively expanding its network with $5 billion in capex, focusing on projects in the Permian Basin and the development of the Lake Charles LNG export terminal.

Western Midstream Partners (NYSE: WES) offers a high yield, strong balance sheet, and growth potential. Backed by Occidental Petroleum, it focuses on water handling and gas processing projects, aiming to grow cash flow faster than distributions. With a 9.4% yield, it’s a solid choice for income-oriented investors.

Genesis Energy (NYSE: GEL) is turning around with a focus on offshore oil transportation. Projects like Shenandoah and Salamanca are ramping up, potentially adding $150 million in annual profit. With a solid marine transportation business and plans for distribution growth, Genesis offers significant upside for investors.

Read more at Yahoo Finance: 3 Brilliant Pipeline Stocks to Buy Now and Hold for the Long Term