North America's Energy Infrastructure Poised for Growth Amid Global Shift
The recent geopolitical conflict in the Middle East has highlighted the importance of oil and natural gas to the global economy. As countries reassess their energy security, North America is poised to become an increasingly important source of these fuels.
Despite the shift towards cleaner energy sources, oil and natural gas remain in high demand. Partnering with stable regions like Canada and the US could be a more attractive option for countries seeking reliable energy supplies.
Midstream operators like Enterprise Products Partners (EPD), Enbridge (ENB), and Oneok (OKE) own the infrastructure that moves oil and natural gas around the world, charging fees for their use. These companies are less exposed to commodity price volatility than traditional producers.
With dividend yields ranging from 4.5% to 5.6%, these midstream operators offer attractive income investments. They also have a history of annual dividend increases, with Enbridge boasting a 31-year streak in Canadian dollars.