Exxon Mobil Corporation (XOM), Kinder Morgan Energy Partners LP (KMP): Best of the Midstream Master Limited Partnerships

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Currently, Enterprise Partners has outlaid $7.5 billion for new expansions between now and 2015. These pipelines will boost volumes going to the gulf plants from the Eagleford Shale region in Texas.

Exxon Mobil Corporation (NYSE:XOM) has been increasing its exposure to natural gas by purchasing production assets in the U.S. Exxon Mobil Corporation (NYSE:XOM) realizes that a mixed revenue stream that allows it to take advantage of shifting supplies allows it to stay a relevant company in the future. Exxon Mobil Corporation (NYSE:XOM) currently has operating margins of 13.7% and pays out 23.2% of earnings to support a 2.70% dividend.

Foolish bottom line

Kinder Morgan Energy Partners LP (NYSE:KMP) has a monster yield of 5.80% and great management team with Rich Kinder at the helm. Its 80,000 miles of pipe and 180 terminals will allow it to stay relevant in the energy industry for decades to come. Kinder Morgan purchased El Paso for $21 billion and created the largest natural gas pipeline operator in North America, and will keep rewarding shareholders as natural gas volumes increase.

The article Best of the Midstream Master Limited Partnerships originally appeared on Fool.com and is written by Wes Patoka.

Wes Patoka owns shares of Kinder Morgan. The Motley Fool recommends Enterprise Products Partners L.P. Wes is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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