"Midstream energy stocks are the companies involved in the processing, transportation, and storage of crude oil, natural gas, and natural gas liquids. These companies operate in the "midstream" sector, which falls between the upstream (exploration and production) and downstream (refining and marketing) sectors of the energy industry. They are far less susceptible to spot benchmark pricing moves, as most sector leaders have locked in contracts for their services, some of which run for years."
"They pay substantial and dependable dividends, and many energy master limited partnerships are midstream companies that control the movement or storage of oil and natural gas through contract pricing with major oil producers. We screened our 24/7 Wall Street midstream MLP research database, looking for top companies that pay ultra-yielding high distributions to their shareholders. Four top companies hit our screens, and all are poised to pay shareholders incredible and dependable distributions every 90 days."
Midstream energy companies handle processing, transportation, and storage of crude oil, natural gas, and natural gas liquids between upstream and downstream sectors. Many midstream firms secure long-term contracts that reduce exposure to spot benchmark price volatility. Master limited partnerships (MLPs) commonly operate in this sector and often provide substantial, dependable distributions to investors. MLPs are typically required to distribute most of their cash flow to unitholders, producing annual yields often in the 5% to 8% range. A targeted screening of midstream MLPs identified four high-yield companies positioned to pay large quarterly distributions.
Read at 24/7 Wall St.
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