Reported 5 months ago
The article discusses Enterprise Products Partners (NYSE: EPD) as an attractive stock for income-focused investors due to its 25-year history of growing distribution payments and current yield of 7.2%. As a midstream company operating pipelines across the U.S., Enterprise is less vulnerable to market price fluctuations for oil and gas, providing stable cash flows through fixed-fee contracts. While near-term trends suggest continued oil and gas usage growth, investors should consider factors like demand changes, tax implications as an MLP, and the company's stable business nature rather than rapid growth potential. Overall, Enterprise Products Partners could be a good source of income for investors looking for stability and growth in their portfolio.
Source: YAHOO