2. El Paso Pipeline Partners ( EPB) owns and operates natural gas transportation pipelines and storage assets in the U.S.

Net income in the second quarter came in at $98 million, up 56% from the corresponding quarter of 2010. Adjusted EBITDA was robust, growing 43% to $238 million.

"Our portfolio of high-quality assets continues to grow through acquisitions and expansions. During the quarter, we completed the acquisition of additional interests in CIG and SNG, and now own 100 percent of SNG. We also placed into service additional expansion projects which brings our total to fourteen in less than three years. Our successful acquisitions and expansions have enabled us to deliver consistent distribution growth, as we have increased quarterly distributions every quarter since our IPO in 2007," said Jim Yardley, the company's CEO

During the first half of 2011, the company's capital expenditure was $88 million. The stock has 93% buy rating and is likely to return 16% over the next one year. It is trading at 16 times its estimated 2011 earnings.

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