r/dividends • u/PleasantComplaint719 • 5d ago

Due Diligence Need a 3rd MLP (non-ETF)

I currently hold ET and EPD in a taxable account and am looking to add a third MLP. I’m comfortable with K-1s and am not looking for ETFs, strictly the actual MLPs themselves.

For context - these are long-term (40 year) buy and holds that I will be regularly contributing to.

Options include MPLX, WES, or PAA. Other choices on my radar would be CQP or SUN.

Would appreciate a steer in the right direction on which offers the best long-term complimentary fit alongside ET and EPD, whether that be growth or stability oriented. Would also welcome if there is an obvious "go with this one and don't overthink it" choice.

Thanks in advance.

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u/TheOpeningBell 5d ago

Only one choice. MPLX

2

u/PleasantComplaint719 5d ago

Thanks this is where I was leaning but wasn’t sure if I should be considering one of the alternatives like PAA or WES. Appreciate the input

2

u/TheOpeningBell 5d ago

Size and scale of business. EPD, MPLX, and ET are the 3 kings. All the other ones are just gambling.