3 Pipeline Stocks to Buy With $1,000 and Hold Forever
If you're looking for stocks with consistent, predictable business models that pay attractive distributions and have robust yields, the pipeline sector is one of the best places to look. The sector as a whole is inexpensive versus historical levels, while the current environment is one of the best these stocks have seen in many years.At the same time, companies in both the energy and pipeline space are more disciplined today, with better balance sheets and not over-chasing growth. Energy producers today are much more focused on growing their cash flows and not chasing production growth. This gives pipeline companies a healthier group of customers.Midstream companies, meanwhile, now operate with lower leverage and have more robust coverage for their distributions. They, too, have learned to live within their cash flow means.Continue reading
If you're looking for stocks with consistent, predictable business models that pay attractive distributions and have robust yields, the pipeline sector is one of the best places to look. The sector as a whole is inexpensive versus historical levels, while the current environment is one of the best these stocks have seen in many years.
At the same time, companies in both the energy and pipeline space are more disciplined today, with better balance sheets and not over-chasing growth. Energy producers today are much more focused on growing their cash flows and not chasing production growth. This gives pipeline companies a healthier group of customers.
Midstream companies, meanwhile, now operate with lower leverage and have more robust coverage for their distributions. They, too, have learned to live within their cash flow means.
