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 ...

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 ...

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 ...

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 (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 ...

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 ...

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 ...

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 ...

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 ...

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 ...