Enbridge Energy Partners (NYSE:EEP) — This LP owns the U.S. portion of the world’s largest crude oil pipeline, and it acquired a natural gas transportation unit in late 2011. Enbridge plans to increase the capacity of its Seaway pipeline, which will help to clear a bottleneck at the hub in Oklahoma to the U.S. Gulf Coast refineries. It should also participate in the transport of shale oil from theAlberta oil sands when the major line is opened.
The stock has been in a decline since its high early this year. But on Wednesday, it broke through its 50-day moving average and appears to be turning its trend upward. EEP pays a dividend of $2.13 (for a 7% yield). Buy now for its high yield and future appreciation.