3 Midstream Stocks Quietly Compounding Dividends Every Year
Midstream stocks, or shares in companies that own energy assets like oil and gas pipelines and storage facilities, are an unglamorous yet highly profitable niche within the energy sector. Operating as a "toll road" type business, generating fixed fees largely unaffected by volatile fossil fuel prices, these companies can quietly mint profit during boom times and bust times in the oil sector.
This can create fantastic compounding potential for investors more concerned with capital growth. This holds especially true for owners of the following three pipeline stocks: Enbridge (NYSE: ENB), Enterprise Products Partners (NYSE: EPD), and (NYSE: MPLX).
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Source Fool.com
