Better Buy: Enbridge vs. Magellan Midstream Partners
Midstream energy specialists Enbridge (NYSE: ENB) and Magellan Midstream Partners (NYSE: MMP) are currently offering nearly identical dividend yields: 6.1% for Enbridge and 6% for Magellan. However, that's pretty much where the similarities end. In size, structure, scope, even nationality...you name it, these energy giants are very different.
It can be pretty tricky to evaluate which company is likely to outperform the other when there are so many things about them that are dissimilar, but let's give it a shot anyway and see which one looks like the better buy.
Top oil and gas industry players Enbridge and Magellan operate huge networks of pipelines. Image source: Getty Images.
Source Fool.com
