Berkshire's Northern Natural Rival Enterprise Products Offers High Yields and 25 Years of Distribution Growth

Warren Buffett's Berkshire Hathaway owns Northern Natural, the largest interstate natural gas pipeline system in the U.S.

Enterprise Products Partners is a large midstream energy company focused on natural gas, similar to Northern Natural.

Enterprise has an investment-grade balance sheet and has increased its distribution for 25 years.

Enterprise's distribution yields 6.9% currently and distributable cash flow covers it by 1.7 times.

Enterprise handles natural gas as well as other energy products and materials, making it more diversified than Northern Natural.