Enterprise Products Q2: Look Beyond The 7%+ Yield

(9min)

Summary

  • Enterprise Products Partners announced another 5% dividend increase in Q2 and currently yields 7.3%.
  • However, its potential stock extends well beyond the high yield, judging by its forward growth CAPEX layout.
  • The market consensus underestimated Enterprise Products Partners' growth potential significantly, judging by such layout.
  • This idea was discussed in more depth with members of my private investing community, Envision Early Retirement. Learn More »

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JamesBrey

EPD stock: Q2 recap

I last wrote about Enterprise Products Partners L.P. (NYSE:EPD) about a month ago, before the release of its Q2 earnings report ("ER"). That article was titled "Enterprise Products: Our Income Account Bought For

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This article was written by

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Envision Research, aka Lucas Ma, has over 20+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management.

He leads the investing group Envision Early Retirement along with Sensor Unlimited where they offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of EPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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