Enterprise Products Partners is an income-producing machine. Enterprise Products Partners (EPD 0.93%) has a knack for increasing its cash-distribution payments to investors. The master limited partnership (MLP) has given its investors a raise twice already this year and boosted its payout by 5% over the last 12 months. That continues its long history of dividend growth. This year marks its 26th consecutive year of distribution increases. The MLP has ample fuel to continue increasing its distribution, which ...

Nopphon Pattanasri/iStock via Getty Images Co-authored with Hidden Opportunities. When I plan my vacations, I take a quick look at the weather forecast if I am looking to do outdoor activities. Sure, I can't play paintball if there is a thunderstorm in the forecast, so my plans always have the flexibility to switch things around. But I don't obsess over the changing forecasts every minute of the day and stress myself over the developments. Weather patterns are inherently variable and seasonal, so I focus on ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission file number: 1-14323 ENTERPRISE PRODUCTS PARTNERS L.P. (Exact Name of Registrant as Specified in Its Charter) Delaware 76-0568219 (State or Other J ...

The stock market's tumble on Monday also spooked even the best oil and gas stocks. Because fears of a recession were the primary reason for the market's implosion, traders were worried about the impact on oil. The energy industry is reliant upon robust demand—and the higher pricing that follows—to fuel future growth. If the economy were faltering, so would oil and gas demand. Brent crude and West Texas Intermediate fell about 1% to their lowest prices since January. However, since the sky hasn't appeared to ...

1 th E I F 1 00 t r H 197 0 II H 1 1 1 ti H 1 sefa ozel With unemployment rising and consumer credit card debt reaching record levels recently, now is the time to position a portfolio that can withstand an economic downturn that is increasingly likely to come. In this article, I will lay out three stocks that I would buy if I could only buy three for the next recession. Stock #1 The first stock I would buy is Virtu Financial (VIRT). VIRT is a market maker that profits from market volatility because when mar ...

Enterprise Products Partners LP's (EPD) second-quarter 2024 adjusted earnings per limited partner unit of 64 cents missed the Zacks Consensus Estimate by a penny. However, the bottom line increased from the yearago quarter's 57 cents. Total quarterly revenues of $13.5 billion missed the Zacks Consensus Estimate of $13.8 billion. The top line improved from the $10.7 billion reported in the prior-year quarter. Weaker-than-expected quarterly results can be attributed to lower contributions from the Crude Oil P ...

Enterprise Products Partners (EPD -0.47%) offers investors a lucrative passive income stream. The master limited partnership's (MLP) distribution currently yields around 7%. That's several times higher than the S&P 500's 1.3% dividend yield. The company's rising volumes helped fuel an 11% increase in its adjusted cash flow from operations, which rose to $2.1 billion. That was enough cash to cover the company's high-yielding payout by a comfy 1.6 times, even after increasing it by 5% over the past year (the ...

Enterprise Products Partners L.P. Common Units (NYSE:EPD) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Libby Strait - Senior Director, IR Jim Teague - Co-CEO Randy Fowler - Co-CEO Tug Hanley - SVP, Hydrocarbon Marketing Graham Bacon - EVP and COO Justin Kleiderer - SVP, Pipelines and Terminals Anthony Chovanec - EVP, Fundamentals and Commodity Risk Assessment Natalie Gayden - SVP, Natural Gas Assets Brent Secrest - EVP and CCO Conference Call Participants Theresa Chen - Ba ...

N Y S E : E P D Second Quarter 2024 Earnings Support Slides Forward-Looking Statements Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. You should not put undue reliance on any forward-looking statements, which speak only as of their dates. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expect ...

Adjusted EBITDA is commonly used as a supplemental financial measure by our management and external users of our financial statements, such as investors, commercial banks, research analysts and rating agencies, to assess the financial performance of our assets without regard to financing methods, capital structures or historical cost basis; the ability of our assets to generate cash sufficient to pay interest and support our indebtedness; and the viability of projects and the overall rates of return on alte ...