Seeking Alpha

Enterprise Products Partners in 7.5M-unit public offering

  • Enterprise Products Partners (EPD) -2.3% AH after announcing plans for a public offering of 7.5M common units.
  • EPD plans to use the proceeds toward paying down debt and for general partnership purposes.
Comments (4)
  • Bobco23
    , contributor
    Comments (158) | Send Message
    Interesting. .8% more shares.
    Stock down 2.25% afterhours.
    4 Nov 2013, 04:52 PM Reply Like
  • arthur_bishop1972
    , contributor
    Comments (2152) | Send Message
    If the pps trades 2% lower or more tomorrow, it's a buying oppt imo.
    4 Nov 2013, 11:00 PM Reply Like
  • Clayton Rulli
    , contributor
    Comments (2469) | Send Message
    Even EPD, which has a very high DCR, doesn't shy from issuances to fund growth...
    5 Nov 2013, 06:53 AM Reply Like
  • arthur_bishop1972
    , contributor
    Comments (2152) | Send Message
    Yes, and they know how and when to do it, too.
    6 Nov 2013, 02:48 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: