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Enterprise Products Partners L.P.(EPD)
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Can This High-Yield Stock Continue to Raise Its Distribution?
The Motley Fool· 2024-02-26 12:33
Enterprise Product Partners (EPD 0.36%) has all the qualities investors should look for in a high-yield stock: a predictable business model; strong distribution coverage; solid balance sheet; and growth. This has allowed Enterprise to increase its distribution for 25 consecutive years. Notably, Enterprise is structured as a master limited partnership (MLP) that issues a K-1. The tax treatment of MLP distributions is more complex, so it's best to consult a tax specialist before any investment.So, can Enterpr ...
Enterprise Products (EPD) Announces Permian Asset Acquisitions
Zacks Investment Research· 2024-02-23 17:51
Enterprise Products Partners L.P. (EPD) announced a series of strategic acquisitions from Western Midstream Partners (WES) , a subsidiary of Occidental Petroleum (OII) . The acquisitions, valued at $400 million, mark a shift in the landscape of the energy infrastructure in the United States, particularly in the Permian Basin.Key Acquisitions and Financial DetailsEnterprise Products acquired significant assets from Western Midstream, including a 20% interest in Whitethorn, which owns the Midland-to-Sealy seg ...
Enterprise to Acquire Interest in Panola NGL Pipeline From Western Midstream
Businesswire· 2024-02-21 21:10
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that its affiliate has entered into a definitive agreement to acquire member interests in Panola Pipeline Company, LLC (“Panola”) from an affiliate of Western Midstream Partners, LP (“Western”) in a debt-free transaction for $25 million in cash consideration. Enterprise executed a definitive agreement to acquire Western’s 15 percent equity interest in Panola. Panola owns a 253-mile pipeline that transports mixed NGLs fr ...
Enterprise Provides Update on 2023 K-1 Availability
Businesswire· 2024-02-15 13:02
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today provided an update on the expected availability of the partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders. Historically, Enterprise’s Investor Tax Packages have been available by the end of February for the preceding tax year; however, the timing of the availability of Enterprise’s 2023 Investor Tax Packages is dependent upon actions of the U.S. Congress and the Biden administration with re ...
Wall Street Analysts Think Enterprise Products (EPD) Is a Good Investment: Is It?
Zacks Investment Research· 2024-02-13 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 Pro ...
Enterprise Products Partners L.P. (EPD) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-02-13 15:06
Enterprise Products Partners (EPD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this provider of midstream energy services have returned -1.9% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Oil and Gas - Production Pipeline - MLB industry, to which Enterprise Products belongs, has gained 1.6% over this period. Now the key question i ...
Are Investors Undervaluing Enterprise Products Partners (EPD) Right Now?
Zacks Investment Research· 2024-02-12 15:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...
Enterprise Products Partners: This 8% MLP Yield Is Way Too Good To Miss
Seeking Alpha· 2024-02-12 02:03
Patrick J. Endres/Corbis Documentary via Getty Images Enterprise Products Partners (NYSE:EPD) beat both top and bottom line expectations for its fourth-quarter due to robust volume momentum in the company’s main businesses. The core value proposition for Enterprise Products Partners relates to the midstream firm's highly predictable cash flow that is supported by long term supply contracts with Enterprise Products Partners' customers. Additionally, the midstream firm achieved solid distribution coverage ...
Top Wall Street analysts pick these 3 dividend stocks for the long haul
CNBC· 2024-02-11 11:38
A strong fourth-quarter earnings season is underway, and it's time for dividend-paying companies to shine.Resilient dividend-paying companies can offer long-term growth potential and steady income. Investors ought to consider the insight of top Wall Street pros as they hunt for dividend stocks with solid fundamentals.Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance.Verizon CommunicationsFirst up is t ...
This Magnificent Dividend Stock Has Delivered a Quarter-Century of Enriching Its Investors (and It's Very Excited About the Next 25 Years)
The Motley Fool· 2024-02-11 10:01
Enterprise Products Partners (EPD -0.08%) recently completed its 25th year as a public company. The master limited partnership (MLP) did a magnificent job creating value for investors during that period. It increased its cash distribution to investors every year while significantly growing the company's value.The MLP's management team believes the next 25 years will be just as enriching. Here's a look at what has fueled its returns over the past quarter century and why the company believes it can continue g ...