Where Will Enterprise Products Partners Be in 3 Years?
Enterprise Products Partners (NYSE: EPD) is a leading player in the North American midstream sector. Using a toll-taker business model, the master limited partnership (MLP) tends to be a rather boring business.But that's a feature, not a bug, when you note that it has a well-above-market 6.8% distribution yield. In three years, Enterprise Products Partners is likely to be every bit as attractive as it is today if income is your goal. Here's why.Enterprise Products Partners owns energy infrastructure, including things like pipelines, storage, processing, and energy transportation assets. These are large and costly assets that are absolutely necessary for the proper functioning of the energy sector. Without Enterprise Products Partners and its peers, energy wouldn't get from where it is drilled to where it is used.Continue reading
Enterprise Products Partners (NYSE: EPD) is a leading player in the North American midstream sector. Using a toll-taker business model, the master limited partnership (MLP) tends to be a rather boring business.
But that's a feature, not a bug, when you note that it has a well-above-market 6.8% distribution yield. In three years, Enterprise Products Partners is likely to be every bit as attractive as it is today if income is your goal. Here's why.
Enterprise Products Partners owns energy infrastructure, including things like pipelines, storage, processing, and energy transportation assets. These are large and costly assets that are absolutely necessary for the proper functioning of the energy sector. Without Enterprise Products Partners and its peers, energy wouldn't get from where it is drilled to where it is used.
