Pipeline companies can be excellent income investments.
Most pipelines operate under government-regulated rate structures or long-term, fixed-rate contracts
As a result, they generate very stable cash flow that pipeline companies can pay out in dividends. Here are three high-yielding pipeline stocks you can hold forever for a steady and rising passive income stream. Enbridge Enbridge (NYSE: ENB) is one of the largest energy infrastructure companies in North America.
The Canadian company operates the longest and most complex crude oil and liquids pipeline system on the continent, transporting 30% of its crude oil production. Meanwhile, its gas pipeline network moves 20% of the gas consumed in the U.S. Enbridge also operates North America’s largest gas utility franchise by volume and has a growing renewable energy business.