Pipeline master limited partnerships bounced back in 2016 after being flattened the year before due to the plunge in commodity prices. The coming year should be another good one for the high-yielding MLP sector, now that the election has been settled and rates are on the rise, says Libby Toudouze, portfolio manager for Cushing Asset Management.

Toudouze's picks include MPLX (MPLX) , NGL Energy (NGL) and Williams Partners (WPZ) .

If you liked this article you might like

Marathon Petroleum Launches $3B Share Buyback

Ring the Register With These Upcoming Spinoffs

Marathon Petroleum Speeding up Asset Transfer, Beats Fourth-Quarter Estimates

3 Perfect Pipeline Plays for 2017