Patrick J. Endres/Corbis Documentary via Getty ImagesFor investors that want attractive yield, some of the best opportunities can be found in the energy market. Although the energy market is typically associated with extreme amounts of volatility because of price fluctuations, one segment of the space that does very well over the long run is the pipeline/midstream market. A great example of an attractive prospect in this space is Enterprise Products Partners (NYSE:EPD), a massive player with a market ca ...

spooh Co-authored with “Hidden Opportunities.” Legendary bond investor Bill Gross created the first investable market for fixed income accessible to all investors. In 1971, he co-founded and led one of the largest and most successful investment firms – PIMCO – in a vibrant career spanning 40 years. His strategy and techniques over time made fortunes for investors through recessions, wars, and other global and domestic tensions, giving him the apt title “Bond King.” In a recent interview, Mr. Gross share ...

Oil and natural gas prices have a significant impact on corporate results in the energy industry. They can change significantly from quarter to quarter, which impacts the cash flows of companies sensitive to energy commodity prices.However, not all energy stocks experience the full impact of commodity price volatility. Midstream companies like Enterprise Products Partners (EPD -1.24%) have business models that largely dampen the effect of that volatility on their cash flows. That was on full display in 2023 ...

Enterprise Products Partners LP’s (EPD) fourth-quarter 2023 adjusted earnings per limited partner unit of 72 cents beat the Zacks Consensus Estimate of 66 cents. The bottom line also increased from the year-ago quarter’s level of 65 cents.Total quarterly revenues of $14.6 billion topped the Zacks Consensus Estimate of $12.8 billion. The top line also improved from $13.7 billion reported in the prior-year quarter.Strong quarterly results can be attributed to increased operating margin of EPD’s fee-based busi ...

Enterprise Products Partners (EPD 0.15%) has been one of the most durable income stocks in the energy sector over the years. The master limited partnership (MLP) recently finished its 25th year as a public company operating in the sector. It has increased its distribution every single year since coming public, which is no small task in the volatile sector. The MLP continued that trend in its 26th year, starting 2024 off with another distribution increase. It's in an excellent position to keep growing its pa ...

For the quarter ended December 2023, Enterprise Products Partners (EPD) reported revenue of $14.62 billion, up 7.1% over the same period last year. EPS came in at $0.72, compared to $0.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $12.76 billion, representing a surprise of +14.64%. The company delivered an EPS surprise of +9.09%, with the consensus EPS estimate being $0.66.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2023. Fourth Quarter and Year End 2023 Financial Highlights   Three Months Ended December 31, Year Ended December 31, ($ in millions, except per unit amounts)   2023   2022   2023   2022 Operating income $ 1,921 $ 1,765 $ 6,929 $ 6,907 Net income $ 1,602 ...

If you want to earn money without working for it, investing can prove to be your secret sauce. Picking the right stocks is crucial, but to make money, you need to choose dividend stocks. It is a slow and steady way to build wealth. These are companies that have a strong record of dividend payments and can withstand the market’s ups and downs. Fundamentally strong businesses can thrive in any economic situation while rewarding shareholders for their investment. Let’s explore building a stable, passive income ...

da-kuk/E+ via Getty ImagesThesis Midstream companies typically offer a compelling and stable dividend growth engine. These stocks are some of the most popular on Seeking Alpha as they are excellent choices for income seeking investors. In this article, I want to take a higher level and systematic approach to the midstream sector. As I was reviewing the midstream portion of my portfolio, I realized that I didn’t really have the exposure to all of the plentiful resources that America has to offer. As an i ...

Enterprise Products Partners L.P. (EPD) is set to report fourth-quarter 2023 results on Feb 1, before the opening bell.Let’s delve into the factors that are anticipated to have influenced this pipeline operator’s performance in the to-be-reported quarter. However, it is worth taking a look at EPD’s previous quarter’s results first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the midstream energy player’s adjusted earnings of 60 cents missed the Zacks Consensus Estimate of 63 cen ...