Enterprise Products Partners LP (EPD)

[OldAIMGuy]

EPD has been showing some nice accumulation of shares since the end of July.

https://schrts.co/aIKefdyA

Maybe this will end the doldrums.

Best wishes,
OAG Tom

[pete807]

Purchase date is recorded. Settlement does not matter in regards to the distribution. Settlement is one or two days later.

EPD went ex July 28th so a purchase after on the 29th whenever the funds are "settled"..... the distribtution goes to the seller. As you explained.

Distributions are "return of capital" and not taxed like dividends as ordinary income.

Master Limited Partnerships reward their investors with distributions.

Over 1200 institutions have money invested here.

-pete

[biotech18]

Ex-Dividend Dates: When Are You Entitled to Stock and Cash Dividends
To determine whether you should get a dividend, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

[pete807]

Nope, the stock traded ex dividend 7/28/2022. Check your information

Add shares accordingly. This is the best long term play in energy IMHO.

pete

[OldAIMGuy]

Thanks RM, Good reminder.

EPD is the "Old Faithful" of dividend payers.

Best wishes,
OAG

[RubyMartin]

Friday 7/29/2022 last to buy shares to receive $.475 dividend on Aug.12th.

[pete807]

Thanks Tom, Good trading,

Increasing as expected.
.475/share distribution, return of capital, mostly tax free, ex date 7/28, pay date 8/12.

Core shares are free now from long holding and I also flip 3-5K less than 1 year held shares in between payouts knowing the safety and steady performance long run, and that 1200 plus institutions are in EPD. They work the capital in between payouts too. Once any shares reach a year mine change to core, with 15% instead of double that cap gain upon sale.

Recently a Seeking Alpha article compared EPD to ET and picked ET as their yield is a bit better now. Opinions are best looking at what the writer is paid. Mine are free. Do your own comparison, and factor the SA paid to write set...

ET's history is rocky, and could never match the steady well managed safety of EPD. EPD plans for worst case markets and has enough cash in reserve to cover all events and yet grow.

Kelsy Warren or founder Dan Duncan's Daughter Randa with CEO Jim Teague. The latter hands down.

ET may be a good flipping candidate when it falls back into the 9's.It is down about 4X more than EPD over the last 4 years. You can control more shares with ET at 10 than EPD at 25.

Thanks for your input,
Sleep Well!
-pete

[OldAIMGuy]

There should be another dividend payment coming at the end of the month. That's always a welcome occurrence.

Very modest accumulation of EPD shares seems to be the trend since the start of July. Another "technical" thing I've noticed is my buying tends to coincide when the Williams % R value is below -80. My selling tends to occur when the W%R is above -20. Here's a look-back over the time I've owned EPD and the 'trading around the core' I've done so far:


So far, so good. I like profitable capture of some volatility added to the dividend capture to enhance total return.

Best regards,
OAG Tom

[Lime Time]

This looks interesting. 7.63% divi

[Think1st]

What's with PED.
pumping oil debt free. Stock being bought by ceo.stock preforming horrible imo
Unless you flip it

[Trueheart]

EPD is down approximately 20% off the 52-week high achieved a week ago!

The unit price usually lags the price of Texas crude but it appears to be leading this time. Perhaps the proposed ethylene plant's cost at 5-billion has implications for no increase in the payout.

The price drop is ugly but for new invested dollars, the inverse for a fixed payout increases handsomely.

Trueheart

[pete807]

Free money went up .75%
Thanks to the disguised bank corp called FED which is not any government agency.

[OldAIMGuy]

My motto is "Buy from the Scared, Sell to the Greedy."

I guess there's more scared than greedy right now!

Best wishes,
OAG Tom

[Trueheart]

Would someone please enlighten me at to why EPD has fallen so drastically from its 52-week high of $28.65? It's down 15% in one week.

Trueherat

[COLD DRINK BOSS]

Also bought MMP and Pembina same day not selling them either. Killer
Dividends and Appreciation

[COLD DRINK BOSS]

Bought 13000+ shares late January 2020 and I will not be selling anytime soon. Now w Div reinvestment close to 15000 shares

[COLD DRINK BOSS]

Nice he had good this to say but Cramer is a total A hole

[Trueheart]

On Cramer's Lightning Round, a caller wanted his opinion regarding EPD.

Cramer gave the company a glowing report based on its revenue, income and return, ending his accolade with a buy. He also said he'd like to get someone from the company on the show.

Trueheart

[Think1st]

Thank you for this stock and

PED
Though I only bought PED
Basically what I am asking

Do you have another tip for me?????
Thanks

[Uranium]

We’ll deserved

[Trueheart]

The boys at Motley Fool gave EPD the top billing for pipeline-related stock.

Trueheart

[OldAIMGuy]

How to turn a 5.6% share price improvement into a portfolio gain of 21% excluding dividends.......


(note: this is in a retirement account)

Occasional trades around the Core holding have improved total return here. For 9 months the portfolio was 100% invested (and at risk). The rest of the time there's been at least some cash cushion for opportunistic buying.

Thank you EPD.
Best wishes,
OAG Tom

[Uranium]

We’ll said. Very long $EPD $ENB ET.PRC

[pete807]

Thanks for sharing good calmly spoken logic spot on.

-pete

[Kgem]

Joe Biden and the Dems are likely to be in trouble this November because of inflation. The administration could reduce inflation by once again opening up America to drilling, pipelines, and exploration. Their solution: Producing more biofuels --- news flash, we are already experiencing food and supply shortages.

Dividend stocks are a hedge against high inflation, and Enterprise Products Partners is a high dividend stock. If you think fuel prices are high now, just wait until the summer driving season starts. People have been shut in their homes for a couple of years because of the pandemic --- the question is will they continue to stay at home because of inflation? I don't think so. People need to get out and start living.

In my opinion, the lack of investment in the oil and gas industry will eventually lead to a oil and gas industry super cycle --- a cycle that we are only just beginning to see. It looks to me like EPD is a great place to be, and shareholders are actually paid to be here. My two cents for what that is worth.

[OldAIMGuy]

Thanks Pete,
That's great to hear. I'll welcome a return to near $30 for the share price.

Best wishes,
OAG Tom

[pete807]

Raymond James raises PT to $30 from 26

Maintains strong buy.

[Kgem]

So today we hear that analysts are neutral on Enterprise Products Partners. I guess I would be neutral too based on the fact there is still no change of direction for our current administration. Biden spoke to voters in Iowa (where a bird pooped on him while he was blaming Putin for the high inflation), and he said he was doing everything in his power to help the farmers. Apparently, Biden feels that increasing corn derived fuel will help the farmers. Does anyone know what is required for corn production --- fuel and fertilizer are key components.

[Kgem]

Enterprise Products Partners appears to be ideally positioned for continuous growth even in the current political environment --- See the presentation now out on EPD's website. EPD's existing pipelines are positioned in ideal locations to capture additional transport volume, and this includes carbon capture which is likely to be a major part of future legislation and/or executive orders. If the US decides to supply LNG to Europe, EPD has the ability to do so and in large volume. However, additional pipeline permitting will likely be needed. The question is: will this administration balance the needs of European LNG with their current anti-fossil fuel goals.

[Kgem]

Pete807, normally I would not ask this question on an open forum, but I do not have PM on IHUB. Can you tell me if there are any special tax benefits from being invested in a Master Limited Partnership. In particular, can I deduct expenses for such things as a computer needed for trading? Thank you in advance.


Kgem

[Trueheart]

Hear, hear!

Trueheart

[pete807]

I will feel better when OBiden quits trying to kill energy in this country. The World needs our deep energy assets to grow.

Even though my position will benefit by higher oil, and I can afford the gas price spike, I support common sense and helping the general population who will be hurt by these policies.

GLTA!

-pete

[Think1st]

Thank you yes this stock is very good
Looking into the ec##

[Think1st]

Ok good morning hope your feeling better..
Ready to Buy dividend stock

Psec or mfa or epd
Like mfa low price
Thanks

[Think1st]

Thank you. Trying to move out of my penny stocks.see my profile. Dont listen to me.

Bought aunxf fully reporting co making money.bought at 2 cents all the way down to 0.008
Was at 0.005 for 3 months today moved up.producing oil oil oil plus
using it also to mine bitcoin
Very stressful. Trying as stated to get into income stocks.look into it .

AXP Energy (ASX:AXP) receives permit for in-situ well site power generator https://themarketherald.com.au/axp-energy-asxaxp-receives-permit-for-in-situ-well-site-power-generator-2022-02-15/

This is big. First of potentially 3. Scalable / reproduceable in other states with less regulation? Profitable energy company powering cryptocurrency mining.

[pete807]

Did not break below 40 RSi so far but moves easy and is held by a giant #... 1200+ institutions.

At the moment..... I like short term shares at 22.50 -23 IF, and after I hold 6 months they are near $1 cheaper with coupons. Or I Flip for 10% otherwise.


Think of it like a bank that pays 7+% interest,

Park and Ride

.

[OldAIMGuy]

Hi T1st, Re: "technicals" on EPD....................



Note the two big "Accumulation" events in the last year.

Best wishes,
OAG

[Think1st]

Thank you where is the RSI now?
This is a quarterly dividend stock?
Like this also very steady.

So with these dividend stocks .you hold core and trade some shares to add some profit to it.i see not much of price swings .however you capture them when you can
That other stock why not hold that also or too much on your plate to follow
Ok thanks will follow it

[Trueheart]

Hi, Pete,

I've heard through the grapevine that EPD will be sponsoring Team USA in the 2026 Winter Olympics.

Particularly, the company will sponsor the curling teams.

I've also heard that CNBC will officially change its name to the Curling National Broadcasting Company.

What have you heard?

Trueheart

[OldAIMGuy]

Hi W,
Thanks for this post
OAG

[winchem21]

CEO Jim Teague speaking energy truths on this week’s earnings call!

“But before we get to Randy, I’ll finish with our thoughts on the changing sentiments around oil and gas. For some time now, the sentiment towards all traditional forms of energy, especially in political circles has been very negative.

Many said that the world should pull the plug on traditional energy as soon as possible and completely devote our capital and efforts toward renewable energy. Without a doubt, this was always naïve. The world now realizes that an overnight transition to renewable sources of energy is not at all possible as evidenced by the rapid development of various global crises, including high natural gas and LNG prices, high crude oil prices not seen since 2014 and runaway inflation not seen for about 40 years.

Europe is starved for gas and is faced with heat or eat, while Russia with its major oil and gas supplier is amassing troops on the Ukraine border. Try as you may, it’s hard to blame these crises on the pandemic. Over one-third of the world lives in energy poverty, mainly in developing countries.

Europe’s energy policies have now made energy poverty a reality in first world countries. As an oil analyst said, energy is the economy. We, in the United States, live in a country of plenty. We are origination with the high quality of life of creative culture, now also blessed with abundant energy. Maybe that has distorted our thinking about the situation in other countries or regions. People who don’t want developing nations to have what we have are either in denial, hypocrites or both. At Enterprise, we’ve been outspoken that is going to take all of the above, not for a few years, but for decades to come. Look to comments made by a variety of sources, everyone from the IEA to the Head of Saudi Aramco, members of the European Union and even the U.S. Energy Secretary. Ultimately, they all message the same thing: Investment in oil and gas needs to ramp up sharply in order to provide the badly needed baseload traditional sources of energy that will be needed alongside low-carbon fuels and green energy to meet the world’s growing demand.”

At Enterprise, we’ve never seen supplying energy to meet growing needs as two competing paths. We’re going to remain focused on supplying the world with a clean, low-cost and reliable fuels it needs today, while also playing a role and important part in developing lower carbon alternatives. I think I’ve said enough. Randy, I’ll let you.

[OldAIMGuy]

Hi Pete,
This is Value Line's report from almost two months ago. It's pretty optimistic on the 3-5 year time frame.



Best wishes,
OAG Tom

[pete807]

We saw Citigroup post a downgrade and a stupid (IMO) Price target, so today RBC raises their PT to $33 and maintains outperform. That is more the normal here.

Guess Ctit wanted to buy some cheap shares or profit on the short side?

I rarely see any articles that don't praise this company.

GLTA!

-pete

[OldAIMGuy]

Thanks for the update, Pete.

Tom

[pete807]

Enterprise Products Partners L.P. on Tuesday reported fourth-quarter earnings of $1.03 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.

Continuing to cover the healthy distribution.

long and strong.

Good to have a core that will never be sold along with shares to swing trade. EPD moves and nearly 1300 institutions hold shares.

GLTA!

-pete

[pete807]

Credit Suisse upgrade on the wires

Enterprise Products (EPD) Stock Advances, Credit Suisse Upgrades

Credit Suisse upped Enterprise Products (EPD) stock rating to 'outperform,' citing the company's solid risk/reward proposition.

https://www.thestreet.com/markets/enterprise-products-epd-stock-advances-credit-suisse-upgrades-13744181

[pete807]

They announced a large acquisition in Nat Gas space all cash which will increase distributable cash flow by est ave .20.
3.5 B
https://finance.yahoo.com/news/enterprise-epd-signs-3-25b-121612521.html
https://seekingalpha.com/news/3786516-enterprise-products-partners-buys-navitas-midstream-in-325b-deal

Plus they are back on their steady upward addition to the distribution, which they cover well and retain plenty of cash for worse case scenario.

Sleep well my fellow longs

-pete

[OldAIMGuy]

EPD back above $24 today for the first time since October.

OAG Tom

[pete807]

Around 30 million short shares. (Down from prior 34mm)
Considering their hedge?

EPD sent a strong message.

I am guessing 15 mm volume.

My core is gaining those I did not flip over 23 and bought below 22.

GLTA!

-pete

[Uranium]

$EPD Increased Distribution - fourth quarter of 2021 of $0.465 per unit, or $1.86 per unit on an annualized basis.

The quarterly distribution will be paid Friday, February 11, 2022, to common unitholders of record as of the close of business Monday, January 31, 2022. This distribution represents a 3.3 percent increase over the distribution declared with respect to the fourth quarter of 2020.