Summary
Enterprise Product Partners is arguably the best name in the Midstream oil & gas industry. It recently declared its 54th straight quarterly distribution increase.
EPD just reported blowout results for the 4th quarter of 2017, resulting in record "Distributable Cash Flow," 19% higher than the prior quarter.
EPD has a low-risk model that supports a consistent and growing cash flow.
The Company should be able to return to shareholders 16% per year (including distributions) over the next 5 years.
EPD currently yields 6.5%, is reasonably valued, and suitable for conservative investors looking for a solid dividend growth stock.
Note: This research report was produced together with Seeking Alpha author Long Player.
In times of market volatility, investors like to seek the highest quality stocks and with the least price volatility. In the Midstream space, two stocks clearly stand out: Enterprise Product Partners (EPD), and Buckeye Partners (BPL). We recently recommended to our investors to buy BPL when the stock was yielding 10.5%. Today, we are highlighting the best of the best midstream MLP, which in our opinion is EPD.
In fact EPD announced their 4th quarter earnings report on January 31, 2018 and had a blowout quarter
http://seekingalpha.com/article/4146533-dividend-achiever-6_5-percent-yield-54-straight-hikes-mlp-conservative-investor?source=feed_tag_editors_picks
I know nothing about them. Just sounded like more reading is needed...........
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