ENBL - Enable Midstream: A Lot To Like With This 15% Yielder

• Enable Midstream operates mostly in basins that are not especially well-known among most energy investors.
• The company did suffer from some volume declines due to the pandemic, and this had an impact on cash flows, forcing it to cut the distribution earlier this year.
• The company has almost no direct exposure to commodity price fluctuations as it is nearly all fee-based, long-term contracts.
• Enable has some growth potential in the form of a new pipeline meant to provide natural gas to an LNG plant.
• The distribution appears to be very secure at the present level, providing an easy way for investors to get a 15% yield.

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