Choosing Stability Over Scale: Why EPD Tops ET In My Portfolio

Enterprise Products Partners ( EPD ) and Energy Transfer ( ET ) are two of the most integrated and diversified North American master limited partnerships (MLP). Both of these companies provide energy shippers with a deep network of pipelines, processing plants, storage facilities, and exportI take a long-term, top-down approach to investing, starting with macro and secular trends. I focus on durable themes shaping the future and drill down to industries and companies with strong fundamentals, proven managem ...