Considering investing in pipeline stocks? While the best pipeline stocks depend on your portfolio and investment goals, we've identified some pipeline stocks that are worth keeping an eye on in the energy sector. Keep reading to learn more about pipeline stocks and how to start investing.
We round up a selection of stocks in or related to the energy industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Enbridge (ENB.TO) | 27.75% | $170.2 billion (CAD) | Toronto Stock Exchange | 3,318,281 | Buy now |
| Pembina Pipeline (PPL.TO) | 31.19% | $37.9 billion (CAD) | Toronto Stock Exchange | 2,381,555 | Buy now |
| TC Energy (TRP.TO) | 50.50% | $100.4 billion (CAD) | Toronto Stock Exchange | 4,362,681 | Buy now |
| Enterprise Products Partners (EPD.US) | 18.52% | $78.9 billion (USD) | NYSE | 4,012,800 | Buy now |
| Energy Transfer (ET.US) | 6.29% | $65.1 billion (USD) | NYSE | 12,459,000 | Buy now |
| Kinder Morgan (KMI.US) | 14.81% | $70 billion (USD) | NYSE | 9,003,162 | Buy now |
| Williams Companies (WMB.US) | 23.93% | $89.4 billion (USD) | NYSE | 8,320,862 | Buy now |
| MPLX (MPLX.US) | 11.17% | $56.9 billion (USD) | NYSE | 3,188,500 | Buy now |
| ONEOK (OKE.US) | 8.07% | $55.1 billion (USD) | NYSE | 4,764,743 | Buy now |
| Plains All American Pipeline (PAA.US) | 16.93% | $15.4 billion (USD) | NASDAQ | 8,674,300 | Buy now |
The energy industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering pipeline stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best pipeline stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong pipeline stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular pipeline stocks in or related to the energy industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some pipeline stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each pipeline stock below. Keep reading to decide if any of these companies are the right investment for you.
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
| Closing stock price | C$77.68 |
|---|---|
| Market Capitalization | C$170.2 billion |
| Gross profit (TTM) | C$26.8 billion |
| Profit margin | 10.00% |
| Revenue (TTM) | C$69 billion |
| Earnings per share (TTM) | C$2.95 |
| 52-week stock price range | C$56.52 – C$80.65 |
Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures.
The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.
| Closing stock price | C$65.50 |
|---|---|
| Market Capitalization | C$37.9 billion |
| Gross profit (TTM) | C$2.9 billion |
| Profit margin | 22.23% |
| Revenue (TTM) | C$7.6 billion |
| Earnings per share (TTM) | C$2.66 |
| 52-week stock price range | C$46.41 – C$68.67 |
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions.
The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
| Closing stock price | C$96.33 |
|---|---|
| Market Capitalization | C$100.4 billion |
| Gross profit (TTM) | C$10.7 billion |
| Profit margin | 22.23% |
| Revenue (TTM) | C$15.5 billion |
| Earnings per share (TTM) | C$3.39 |
| 52-week stock price range | C$61.15 – C$98.62 |
Enterprise Products Partners L. P.
provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.
| Closing stock price | $36.60 |
|---|---|
| Market Capitalization | $78.9 billion |
| Gross profit (TTM) | $7.4 billion |
| Profit margin | 11.45% |
| Revenue (TTM) | $51.6 billion |
| Earnings per share (TTM) | $2.70 |
| 52-week stock price range | $28.61 – $40.17 |
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments.
The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines.
| Closing stock price | $18.75 |
|---|---|
| Market Capitalization | $65.1 billion |
| Gross profit (TTM) | $17.2 billion |
| Profit margin | 4.72% |
| Revenue (TTM) | $92.3 billion |
| Earnings per share (TTM) | $1.19 |
| 52-week stock price range | $15.35 – $20.70 |
Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. It operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments.
The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.
| Closing stock price | $32.25 |
|---|---|
| Market Capitalization | $70 billion |
| Gross profit (TTM) | $8.7 billion |
| Profit margin | 18.92% |
| Revenue (TTM) | $17.5 billion |
| Earnings per share (TTM) | $1.49 |
| 52-week stock price range | $24.97 – $34.81 |
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission, Power & Gulf, Northeast G&P, West, and Gas & NGL Marketing Services segments.
The Transmission, Power & Gulf segment comprises Transco, NWP, and Mountain West interstate natural gas pipelines, and their related natural gas storage facilities, as well as natural gas gathering and processing; and crude oil production handling and transportation assets in the Gulf Coast region.
| Closing stock price | $74.95 |
|---|---|
| Market Capitalization | $89.4 billion |
| Gross profit (TTM) | $7.7 billion |
| Profit margin | 23.06% |
| Revenue (TTM) | $12.1 billion |
| Earnings per share (TTM) | $2.28 |
| 52-week stock price range | $54.10 – $79.49 |
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services.
The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products and renewables; and sale of residue gas and condensate.
| Closing stock price | $56.84 |
|---|---|
| Market Capitalization | $56.9 billion |
| Gross profit (TTM) | $6.6 billion |
| Profit margin | 40.03% |
| Revenue (TTM) | $11.7 billion |
| Earnings per share (TTM) | $4.62 |
| 52-week stock price range | $45.02 – $58.83 |
ONEOK, Inc. operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. It operates in four segments: Natural Gas Gathering and Processing; Natural Gas Liquids; Natural Gas Pipelines; and Refined Products and Crude.
The company owns natural gas gathering pipelines and processing plants in the Mid-Continent, Permian Basin, North Texas, Gulf Coast region, and Rocky Mountain regions; and provides midstream services to producers of NGLs.
| Closing stock price | $86.29 |
|---|---|
| Market Capitalization | $55.1 billion |
| Gross profit (TTM) | $10.4 billion |
| Profit margin | 10.03% |
| Revenue (TTM) | $35.2 billion |
| Earnings per share (TTM) | $5.61 |
| 52-week stock price range | $62.41 – $96.07 |
Plains All American Pipeline, L. P.
, through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada.
| Closing stock price | $21.34 |
|---|---|
| Market Capitalization | $15.4 billion |
| Gross profit (TTM) | $2.7 billion |
| Profit margin | 2.53% |
| Revenue (TTM) | $45.3 billion |
| Earnings per share (TTM) | $1.11 |
| 52-week stock price range | $14.74 – $24.26 |
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