Enbridge Energy Partners, L.P. (EEP), Kinder Morgan Energy Partners LP (KMP), Spectra Energy Partners, LP (SEP): 3 Pipeline MLPs You Should Consider

For the long-term, I think Spectra Energy Partners, LP (NYSE:SEP) is taking the correct approach in building its asset base, and is apt to be a generator of improved results. Accordingly, I think the units are a good holding for long-term buy-to-hold accounts. In the meantime, investors may want to capitalize on their distribution, currently a 4.4% yield.

Summary

Finding the best pipeline MLP should be partly a function of their business strategy, particularly if they are in expansion mode. These companies are all aiming to expand their operations by way of acquisitions, and/or development of existing transportation and storage assets. Of the three, I like units of Kinder Morgan, in light of its solid market position and the likelihood of recent deals supporting the bottom line.

Damon Churchwell has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The article 3 Pipeline MLPs You Should Consider originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.