EPD Stock Recent News
EPD LATEST HEADLINES
Enterprise Products (EPD) boasts a stable business model and is not significantly exposed to the volatility in oil and gas prices.
Kinder Morgan has a very attractive 6.2% dividend yield. The dividend has been growing for several years.
This company has delivered a double-digit return on invested capital since 2005. It has increased the distribution for 25 consecutive years with a current yield of over 7%.
Finally obtaining the license for SPOT unlocks the opportunity for tremendous earnings growth in the crude segment. EPD will be one of the largest exports of crude oil in the US. I estimate that the SPOT project will generate approximately $500 million in EBITDA once operational with further upside provided by increased crude volumes through the pipeline system.
Enterprise Products Partners is a large midstream energy provider in North America. The stock has risen about 10% over the past three months or so.
Enterprise (EPD) secures U.S. approval for the Sea Port Oil Terminal, set to load 2 million barrels per day of crude oil, enhancing Texas' energy infrastructure.
March's CPI data shows a 0.4% increase, exceeding expectations, with energy cost as a main driver. Enterprise Products Partners L.P. offers attractive dividends that can help hedge against inflation. Moreover, EPD's dividend growth has outpaced inflation in the long term by a good margin.
Enterprise Products Partners (NYSE: EPD) stock price has continued to underperform its peers this year. It has risen by 11.84%, outperforming the S&P 500 and Nasdaq 100 indices.
In the most recent trading session, Enterprise Products Partners (EPD) closed at $29.47, indicating a -0.87% shift from the previous trading day.
Enterprise's (EPD) plans for a deepwater oil export facility move forward as the U.S. court confirms regulatory approval, setting the stage for Gulf Coast energy expansion.