Drill baby, drill is driving vanilla energy investors nuts. Drilling permits spike one month and plunge the next. Crude oil itself is sitting in the $60s, too low for producers to make real money.
Our contrarian solution? Focus on the energy toll collectors—particularly a dividend duo dishing up to 8.1%.
Pipeline owners are paid every time oil and gas flow through their pipes. The latest headlines about GDP, drilling permits or (heck) the Federal Reserve don’t matter here, because there are plenty of hydrocarbons that need to move.
This post originally appeared at Contrarian Outlook.