Reported 2 months ago
Enterprise Product Partners (NYSE: EPD) has shown remarkable consistency in its performance, reporting a nearly 11% increase in gross-operating margin in Q2 and a 5% increase in its quarterly distribution. With substantial plans for capital expenditures aimed at growth—about $3.5 billion this year and similar amounts for the following year—the company is positioning itself for significant expansion, particularly in export capabilities. As it continues to maintain a strong balance sheet and low leverage, analysts suggest that now may be an opportune time to consider investing in the stock.
Source: YAHOO