These two high-yielding pipeline companies go head-to-head
News & Analysis: Magellan Midstream Partners
A strong balance sheet, shrinking capital spending needs, and relatively stable cash flows give it the confidence to maintain its big-time payout.
MMP earnings call for the period ending September 30, 2020.
Both of these energy sector midstream players have big, fat yields -- but one is better positioned to maintain its payout.
Even these top yielders couldn't escape an industry downturn.
Several pipeline operators in Texas are offering discounts to bolster their volumes.
The may both be midstream players, but they're very different in some fundamental ways.
The energy sector is deeply out of favor, but there are still some good names in the space that are worth closer looks.
Top energy stocks are trading at much lower levels compared to the start of the year, presenting attractive buying opportunities.
These two high-yielding master limited partnerships go head-to-head.