Enterprise Products Partners L.P.(EPD)
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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 ...
Enterprise Products Partners: Don't Let This Cash Cow Slip By You
Seeking Alpha· 2024-02-11 05:52
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 ...
Bond King Signals Recession Warnings, Outlines Asset-Rich Dividends
Seeking Alpha· 2024-02-09 13:30
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 ...
This Record-Breaking 7.7%-Yielding Dividend Stock Continues to Demonstrate Its Durability Despite Volatility
The Motley Fool· 2024-02-06 10:19
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 (EPD) Q4 Earnings Beat on Propylene & Octane Margin
Zacks Investment Research· 2024-02-05 14:56
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 ...
This 7.7%-Yielding Dividend Stock is a Top Option for Safe Income
The Motley Fool· 2024-02-02 11:38
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 ...
Compared to Estimates, Enterprise Products (EPD) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-01 17:31
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 $0.66.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...
Enterprise Reports Results for Fourth Quarter 2023
Businesswire· 2024-02-01 11:00
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2023. Fourth Quarter and Year End 2023 Financial Highlights Three Months Ended December 31, Year Ended December 31, ($ in millions, except per unit amounts) 2023 2022 2023 2022 Operating income $ 1,921 $ 1,765 $ 6,929 $ 6,907 Net income $ 1,602 ...