While many can argue about the use of oil and natural gas versus renewable sources, the reality is that the internal combustion engine and natural gas fired power plants aren’t going anywhere any time soon.
Income investors looking to the energy sector, which was the only sector to outperform in 2022, are often drawn to the energy master limited partnerships (MLPs), and with good reason. While they do tend to trade higher when the crude benchmarks do, their services to transport and store oil and gas are contract-based regardless of commodity pricing.
We screened our 24/7 Wall St. MLP research universe and found seven Buy-rated stocks with huge distributions that look like great buys now.
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