It's awfully hard to argue with any decision that Enterprise Products Partners (NYSE:EPD) has made. Over the past 10 years, the energy midstream company has outperformed the S&P 500 by more than fivefold on a total return basis. However, management seems to be putting that reputation to the test as it aims to do something that ONEOK Partners (NYSE:OKS) and Energy Transfer Partners (NYSE:ETP) have failed to do: build an oil pipeline from the Bakken oil shale formation to Cushing, Okla.
It won't be easy, as most oil and gas producers in the region are more interested moving oil to the East and West coasts than to the storage hub in Cushing. However, there are a couple things working in Enterprise's' favor this time. Tune into the video below to find out why Enterprise may have a leg up on ONEOK and Energy Transfer Partners this time, as well as the challenges Enterprise will face in this endeavor.
The Motley Fool recommends Enterprise Products Partners and Oneok Partners. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.