WES - SRV: Midstream Energy Is Driving Strong Uncorrelated Returns Now Yielding 15%
2024-02-24 07:19:07 ET
Summary
- For investors interested in generating an income stream in retirement, an investment in midstream energy assets offers a relatively high yield with limited downside risk.
- My personal portfolio includes midstream energy assets, which I believe income investors should consider adding to their portfolios.
- The midstream energy sector has shown resilience and outperformed the broader energy sector, with strong asset utilization and positive free cash flow generation.
As I approach my retirement years now that I have turned 65 and officially retired from my full-time 40-year career as an information systems manager, I have sort of switched careers and am now managing my investments. My personal portfolio is held mostly in an IRA (currently in two different accounts, with Schwab and Fidelity) and I tend to reinvest most of my distributions to grow my portfolio and future income stream. I refer to my portfolio as my Income Compounder and I provided an update that includes a spreadsheet that lists all 50 holdings in an article published a couple of weeks ago that you can read here ....
SRV: Midstream Energy Is Driving Strong, Uncorrelated Returns, Now Yielding 15%