Enterprise Products Partners: A Big Dividend Backed By Big Free Cash Flow
Enterprise Products Partners L.P.(EPD) Seeking Alpha·2024-04-01 15:01
bjdlzx MLP stocks have taken off in recent months. The InfraCap MLP ETF (AMZA) has returned more than 19% so far this year as momentum persists following a robust 2023. While relative strength to the S&P 500 has been merely neutral since Q4 of 2022, this income-heavy niche of the US investment market has weathered the rise in interest rates very well. Now, with gains being seen in oil & gas-related equities, there could be further tailwinds for energy service companies in the MLP space. I reiterate a buy ra ...