Summit Midstream Partners LP (SMLP), Buckeye Partners, L.P. (BPL): 2013’s Top-Performing Midstream Stocks

Bottom line

For the midstream sector, there is more to it than just being in the right business during this American energy renaissance. The prolonged period of low interest rates has coincided nicely with the need for infrastructure build-out. Midstream companies have been able to borrow cash on the cheap and plow it into acquisitions or organic growth projects supported by fee-based contracts. The reliable income from these contracts translates directly into reliable distributions for unit holders, and, as you can see from the chart above, investors have noticed.

The article 2013’s Top-Performing Midstream Stocks originally appeared on Fool.com and is written by Aimee Duffy.

Fool contributor Aimee Duffy has no position in any stocks mentioned. If you have the energy, follow her on Twitter: @TMFDuffy. The Motley Fool has no position in any of the stocks mentioned.

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