SAN FRANCISCO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Enterprise Products Partners L.P. (NYSE: EPD) is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and petrochemicals. Click Here to View the EPD Investor Presentation Advisor Access spoke with Jim Teague, Enterprise Products Partners' co-CEO, about the company's business environment and outlook, plans f ...

The oil industry's consolidation wave has overflowed into the midstream sector. A wave of mergers and acquisitions (M&A) activity has washed over the oil patch in the last year. Big oil behemoth ExxonMobil kicked things off with its $60 billion deal for Pioneer Natural Resources. Several rivals followed its lead, including Chevron, which is trying to buy Hess in a nearly $60 billion transaction. The oil industry's M&A wave has spilled over into the pipeline sector. Several midstream companies have made acqu ...

selimaksan/E+ via Getty Images Co-authored by Treading Softly. One of my favorite historical movies, albeit recognizing that it's not historically accurate, but still historically placed, is "Kingdom of Heaven" by Ridley Scott. Near the end of the movie, Saladin is attacking Jerusalem, and they're negotiating the surrender of the city to him. One of the defenders, the main character of the film, poses a question about the value of Jerusalem, and we get this exchange: "Balian de Ibelin: What is Jerusalem wor ...

Two rock-solid income stocks -- sporting an average yield of 9.02% -- have the necessary catalysts in their sails to make their patient shareholders notably richer. For well over a century, Wall Street has been a wealth-building machine. Although other asset classes have delivered positive nominal returns, including bonds, housing, and various commodities, such as gold, none have come close to matching the annualized total return of stocks, including dividends, over the last century. While there are thousan ...

If you are looking for big yields in the energy patch, this midstream giant is boring, reliable, and paying out a 7.1% yield. If you have $500 and want to generate some income with that cash, one of the first places you should look is Enterprise Products Partners (EPD 0.31%). A big reason why is the huge 7.1% yield on offer at a time when the broader market is yielding just 1.2% and energy stocks in general just 3.1%. But the high yield is not the only reason to love Enterprise Products Partners. What does ...

It has been about a month since the last earnings report for Enterprise Products Partners (EPD) . Shares have added about 0.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Enterprise Products due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Enterprise Q2 Earn ...

Esa Hiltula The objectives of income investing could be split into two broad categories: 1) to fund living expenses and retirement with the portfolio distributions without tapping into the principal itself, and 2) to pocket current income that could be reinvested back in yield-bearing assets, thereby facilitating the so-called "snowball" effect. In practice, it might be so that during the pre-retirement period, investors apply the second approach and then once the retirement kicks in, the portfolio proceeds ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Enterprise Products Partners (EPD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Enterprise Products currently has an avera ...

Enterprise Products Partners continues to find more ways to expand its operations and cash flow. Enterprise Products Partners (EPD 0.31%) is an elite dividend stock. The master limited partnership (MLP) has increased its cash distribution to investors for 26 straight years, including by 5% over the past year. That payout currently yields over 7%, well above the S&P 500's sub-1.5% average. The MLP should have plenty of fuel to continue increasing its big-time payout in the future. It recently agreed to spend ...

Enterprise Products Partners L.P. (EPD) announced an agreement to acquire Pinon Midstream, LLC, a portfolio company of Black Bay Energy Capital, for $950 million in cash. The strategic acquisition marks a significant expansion of Enterprise Products' operations in the Delaware Basin, which spans parts of New Mexico and Texas. The acquisition is expected to accelerate Enterprise Products' entry into the eastern flank of the Delaware Basin by at least three to four years, providing a strategic foothold for th ...