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Better Buy: Magellan Midstream Partners vs. Crestwood Equity Partners

Better Buy: Magellan Midstream Partners vs. Crestwood Equity Partners

As that table shows, Magellan and Crestwood both yield 9% and generate relatively steady cash flow backed primarily by fee-based contracts or regulated rates. Magellan has an investment-grade balance sheet -- and one of the highest ratings in the midstream sector -- backed by a lower leverage ratio.