Enterprise Product Partners L.P. (EPD) ), a major player in the energy industry, has secured a milestone in its endeavor to construct the Sea Port Oil Terminal (“SPOT”) on the Texas Gulf Coast. The U.S. Department of Transportation has granted Enterprise Products the deepwater port license necessary to proceed with the development, marking a pivotal step forward in enhancing the region's oil infrastructure.A Long-Awaited AchievementAfter five years of dedicated effort, Enterprise has successfully secured th ...

Devrimb/iStock via Getty Images March CPI inflation data March's CPI data just came out, and according to the data, The Consumer Price Index climbed 0.4% in March, the same increase as in February, and exceeding the 0.3% rise that economists expected. That indicates that the hot readings in January and February may be more than a "bump" on the path to inflation heading toward the Federal Reserve's 2% goal. Digging a bit deeper, it is not difficult to find out that the rise was largely due to cost increases ...

Enterprise Products Partners (NYSE: EPD) stock price has continued to underperform its peers this year. It has risen by 11.84%, outperforming the S&P 500 and Nasdaq 100 indices. The stock has underperformed popular Master Limited Partnerships (MLPs) like Energy Transfer, The Williams Companies, ONEOK, and MPLX. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.EPD vs ET vs WMB vs OKE vs MPLX EPD stock has lagged behind key peers Copy link to section Ent ...

In the latest market close, Enterprise Products Partners (EPD) reached $29.47, with a -0.87% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Shares of the provider of midstream energy services have appreciated by 6.18% over the course of the past month, underperforming the Oils-Energy sector's gain of 10.76% and outperforming the S&P 500's gai ...

Enterprise Product Partners L.P. (EPD) ), a leading provider of midstream energy services, celebrates a significant legal victory as the Fifth U.S. Circuit Court of Appeals upheld federal approval for its proposed deepwater oil export facility along the Texas Gulf Coast. This decision, reported by Reuters on Thursday, reinforces the company's ambitious plans for expanding its energy infrastructure.According to the report, Judge Dana Douglas, speaking on behalf of a three-judge panel from the Fifth Circuit C ...

Enterprise Product Partners L.P. (EPD) ), a leading provider of midstream energy services, has unveiled ambitious plans to expand its natural gas processing capabilities in the Permian Basin. The company's latest endeavor involves the construction of the Mentone West 2 plant in the Delaware Basin, signaling a significant expansion in the region.Mentone West 2 Plant: Enhancing Processing CapabilitiesThe Mentone West 2 plant, slated to be situated in Loving County, TX, is poised to augment Enterprise's capaci ...

JamesBrey Both Enterprise Products Partners (EPD) and Brookfield Renewable (NYSE:BEP) (NYSE:BEPC) offer income investors a seemingly complete package: They both boast defensive and durable business models They both boast strong balance sheets They both have safe and growing distributions They both offer attractive current yields However, only one of them is a Strong Buy at the moment. In this article, we compare these blue chip energy infrastructure blue-chips side by side and share our take on why BEP i ...

Enterprise Products Partners quickly refueled its backlog of expansion projects.Enterprise Products Partners (EPD 0.44%) is an income investor's dream. The master limited partnership (MLP) offers a steadily growing high-yielding payout and has increased its 6.9%-yielding distribution annually for a quarter-century, including by 5.1% over the past year. That growth should continue. The MLP recently completed a couple of expansion projects and added a new one to backfill its backlog, giving it even more fuel ...

hirun Enterprise Products Partners L.P. (NYSE:EPD) has had a strong year-to-date as a midstream company. The company has had double-digit returns year-to-date, which has pushed its dividends down from almost 8%, to just over 7%. Despite that strength, with a market capitalization of more than $60 billion, the company is a valuable long-term investment. Enterprise Product Partners Overview Enterprise Product Partners is one of the largest midstream companies, with a market cap of more than $60 billion and an ...

Vladislav Stepanov Introduction In the past two weeks, we have discussed a number of midstream companies, including ONEOK Inc. (OKE) and Kinder Morgan (KMI). Although I'm more bullish on upstream companies (oil and gas drillers) that are more sensitive to oil and gas prices, I am a big fan of the midstream industry. In fact, in January, I bought Antero Midstream (AM), making it one of the largest holdings of my dividend growth portfolio. Although midstream companies have been through a lot, they have turned ...