Enterprise Products Partners LP (EPD)

[pete807]

EPD CC clip: Jim Teague: "We've been very outspoken about the potential for significant price appreciation as soon as the second half of this year and we're not alone in that analysis, with most energy banks and consultants seeing the same thing."
https://seekingalpha.com/article/4403195-enterprise-products-partners-l-p-s-epd-ceo-james-teague-on-q4-2020-results-earnings-call

Many will, on their own, or with institutions, automatically reinvest their payout upon receiving it. That will be the 11th or 12th this month

EPD has IMHO one of the safest payouts in the market.

A very liquid stock which just received a PT upped by RBC Capital $2 to $28 from $26 and they remain Outperform. Very highly followed Infrastructure giant.

EPD co-founder Dan Duncan (1933-2010) built the co from 1968. Dan's daughter Randa Duncan Williams is now Chairman.

Market Capitalization
(Large Cap)
$45.9B
Enterprise Value $75.3B
Shares Outstanding 2.183B
Shares Held By Institutions 28%

Pick from many articles with all the reasons It will return to its pre-pandemic channel:

https://seekingalpha.com/article/4403308-enterprise-products-partners-results-solid-overall-company-sports-growth-potential-2021

https://seekingalpha.com/article/4399247-7_9-yielding-enterprise-products-partners-checks-all-of-boxes

GLTA!
-pete