EPD Stock Recent News
EPD LATEST HEADLINES
Enterprise Products Partners' co-CEO is adding to his position. Insiders own nearly a third of the MLP's outstanding units.
Recent insider purchases, especially those by the company's co-CEO, reflect the stock's attractive return potential amid an expensive equity market. Insider transactions in the broader market are dominated by insider selling. Market consensus points to a gloomy ~2.5% EPS growth rate in the next few years.
Recently, Zacks.com users have been paying close attention to Enterprise Products (EPD). This makes it worthwhile to examine what the stock has in store.
Enterprise Products Partners has a high dividend yield. The MLP generates lots of cash to distribute to investors and invest in expanding its operations.
My goal is to build a portfolio generating $50,000 in annual dividend income by age 40, focusing on defensive, yield-bearing assets. Apart from the contributions, key assumptions to make this happen is to invest in assets that produce 7% yield from start, offer 2% of annual growth and, importantly carry limited risk. In this article I elaborate more on my objectives, underlying assumption base and the key cornerstones of portfolio.
Although Enterprise Product Partners' hefty 7.2% yield is the main attraction, don't overlook the 26-year streak of annual distribution hikes. Enbridge has paid a dependable dividend for decades.
Famed value investor Bruce Berkowitz is the founder and chief investment officer of Fairholme Capital Management.
Midstream players secure additional cashflows from their huge backlog of growth projects, which brightens the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), Energy Transfer (ET), and Plains All American Pipeline (PAA).
Enterprise Products Partners L.P.: 26 Consecutive Years of Distribution Growth Enterprise Products Partners L.P.: 26 Consecutive Years of Distribution Growth
It's been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, global demand for oil weakened considerably.