In the slim chance you haven’t noticed, the price of gasoline is heading up.
What to do, what to do. Put your money into the traditional oil dividend plays like Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX) or Shell (NYSE:RDS.B)? Or perhaps head off the beaten track a little bit with some smaller oil and gas dividend players just outside that mainstream group, as recently profiled in InvestorPlace?
Here’s another idea: The natural gas or crude oil taken out of the ground eventually has to find a way to the refinery and the storage facility, and somebody has to 1) own or lease the pipelines, 2) own or lease the holding tanks, and 3) run the logistics, which means movement, of the asset.
Why not look into some of these companies? The great news is at least four outfits involved in the terminal/logistics and pipeline arenas are solid plays. They don’t get caught up in the costs and concerns that revolve around drilling and searching for the commodity. They move it and store it, plain and simple.
Let’s take a look at these four standout names in the terminal and logistics business: