Enterprise Products Partners LP (EPD)

[OldAIMGuy]

From Motley Fool..................

Enterprise Products Partners
Enterprise Products Partners (NYSE:EPD) appears to be one of Wall Street's favorite cheap oil stocks to buy right now. The average analyst's 12-month price target is nearly 30% higher than the midstream energy company's current share price.

Price-to-free-cash-flow stands out as one of the best metrics to use in valuing oil stocks. Enterprise Products Partners' shares trade at roughly 11.7 times free cash flow. That's well below the valuation level for the stock throughout most of the last five years.

The company has a couple of projects near completion that should boost growth. The Gillis natural gas pipeline connecting Haynesville shale production with liquid natural gas markets in Louisiana should be finished in the fourth quarter of this year. Enterprise also expects to complete the construction of a natural gasoline treater in Texas in Q4.

Meanwhile, Enterprise Products Partners' dividend is especially juicy. Its dividend yield currently tops 8.2%. Although the company has only increased its dividend by 4% over the last three years, few investors will complain about the income that Enterprise provides.

P/E of 12.5
Yield of 8.2%
Price/Book Value 1.92
BETA of 1.36
Short Interest = 2.3% of float
52 week high/low range - $15.35 to $25.69

Best wishes,
OAG Tom