While the midstream energy sector is less affected by oil and gas price swings, the Zacks Oil and Gas - Production & Pipelines industry still faces uncertainties. Conservative capital spending by upstream companies is slowing oil and gas production growth, which could reduce demand for midstream assets.Despite these challenges, pipeline operators are in a stronger position than upstream and downstream firms. They benefit from steady, fee-based revenues through long-term contracts with shippers. Key industry ...

Core Insights - Enterprise Products Partners LP (EPD) is currently considered undervalued, trading at a trailing 12-month EV/EBITDA of 10.71x, below the industry average of 12.43x [2] - The stock carries a Zacks Rank 3 (Hold) at present, indicating a neutral outlook [1][18] Valuation and Financial Performance - EPD's discounted valuation presents a potentially lucrative opportunity, but further analysis is needed to determine if the lower valuation is justified based on fundamentals and market conditions [4] - The partnership has achieved 26 consecutive years of distribution hikes, with a current distribution yield of 6.2%, surpassing the industry average of 5.6% [7] Asset Portfolio and Growth Prospects - EPD boasts a diversified asset portfolio, including over 50,000 miles of pipelines and a storage capacity of 300 million barrels, which supports stable fee-based revenues [5] - The company has a $7 billion development pipeline and is set to generate additional fee-based earnings from $6.9 billion worth of major capital projects currently in service or under construction [6] Strategic Initiatives - Recent strategic acquisitions, such as Piñon Midstream, have enhanced EPD's processing capabilities and strengthened its NGL value chain [10] - Key growth projects, including the Bahia pipeline and Neches River NGL export terminal, are expected to drive significant cash flow growth starting in 2025 [10] Market Performance and Challenges - Year-to-date, EPD's units have gained 37.4%, underperforming the industry's composite stock growth of 46.7% [12] - Delays in key projects, such as the Bahia pipeline, and proposed regulatory changes may pose risks to operations [15] - Elevated growth capital expenditures projected between $3.5 billion and $4 billion in 2025 could strain resources and reduce short-term flexibility for shareholder returns [16]

Abbott’s (ABT) diversified business portfolio is well-positioned to drive continued momentum in 2024. Yet, the business environment continues to remain challenging globally. The stock carries a Zacks Rank #3 (Hold).Factors Driving ABT SharesWithin Abbott’s Established Pharmaceuticals Division (EPD) business, the company is also strategically progressing with its advancement in biosimilars. Abbott, leveraging on its leading presence in emerging markets, is enjoying a unique opportunity to scale a licensing m ...

A month has gone by since the last earnings report for Enterprise Products Partners (EPD) . Shares have added about 15% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Enterprise Products due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Enterprise Q3 Earnings Lag E ...

If you're an investor looking for high-yield investments with some solid upside potential, there is perhaps no better place to look than the energy midstream space. The stocks in the space tend to have attractive yields, while the sector as a whole trades below historical multiples.The sector has gone through a transformation in the past decade, with midstream companies reducing leverage and being more disciplined when it comes to funding growth projects. By and large, the companies structured as master lim ...

When investors think about high-yield stocks, the yield is often the only issue considered. That's a mistake, because sometimes high yields are a sign of a risky dividend. That's why you should also examine the company backing the yield and, equally important, its commitment to supporting the dividend through good markets and bad ones. Right now, dividend investors should probably be considering reliable income stocks like Enterprise Products Partners (EPD 1.45%) and United Parcel Service (UPS 2.63%). Here' ...

For me as someone, who is deeply involved in finance, it happens quite often that my family members, the closest friends or even colleagues ask for advice on where to invest their savings.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-le ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission file number: 1-14323 ENTERPRISE PRODUCTS PARTNERS L.P. (Exact Name of Registrant as Specified in Its Charter) Delaware 76-0568219 (State or Ot ...

Enterprise Products Partners is in an excellent position to capitalize on growing gas demand.Enterprise Products Partners (EPD 0.56%) is one of the top dividend stocks in the energy sector. The master limited partnership (MLP) has increased its distribution every year for more than a quarter century. Its payout currently yields more than 7%, putting it multiples above the S&P 500's dividend yield (less than 1.5%). The MLP should have no trouble growing its high-yielding distribution for the next several yea ...

The MLP continues to find new ways to expand. Enterprise Products Partners (EPD -0.14%) offers investors the best of both worlds. The master limited partnership (MLP) provides a prodigious passive income stream that currently yields over 7%. On top of that, it has an excellent record of growing. It has increased its payout for 26 straight years, fueled by its steadily rising cash flow. The MLP has plenty of fuel to continue growing. That was abundantly clear in its third-quarter earnings report on Tuesday. ...