Enterprise Product Partners: Expanded Distribution, High Dividends

Enterprise Product Partners (EPD) has been on a tear the last few years. After swallowing up TEPPCO in 2009 and then buying out their general partner (EPE) in 2010, the company has continued to grow both in size and in distribution. Benefitting from its size, strong management, and positive trends in both the US oil and gas industries as well as economic growth in other industries, EPD will continue to expand its distribution and reward unit holders. EPD owns and operates the largest pipeline network in the US. With a heavy concentration of assets around the Gulf of Mexico, pipelines expand up into New York through the Marcellus shale, as well as into Minnesota, North Carolina, and Wyoming, passing trough most other states in-between. This large network allows EPD to benefit from all the new shale gas being found in the US, as the E&P companies that find the gas... Read more

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