Enterprise Products Partners LP (EPD): Happy February Tom! We are used to smil...

Send PM Follow Ignore

Followers	42
Posts	3355
Boards Moderated	0
Alias Born	03/24/2010

pete807

Re: OldAIMGuy post# 796

Wednesday, 02/01/2023 10:07:52 AM

Wednesday, February 01, 2023 10:07:52 AM

Happy February Tom!
We are used to smiling as ancient EPD longs
They cover their generous distribution with plenty of margin for unforeseen events. No worries with overpromising because they deliver, Cover distributions by a strong margin. Have strong cash for Capex

20+ years of never a reduction of payouts says it all. Worst case they went flat for a period @ around 40cents,? if I remember right.

Now they have resumed distribution growth. .49 is great but the big picture is the confidence they give us for this investment. Over 25% of the stock is owned by nearly 1300 institutions.

They have a strong stock buy back philosophy.
best of the best.

Sleep well!
-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-