Wednesday, March 3, 2010

An Energy Infrastructure Stock To Watch - EPD: Enterprise Products Partners.

Enterprise Products Partners L.P. (EPD) provides services to producers and consumers of natural gas, natural gas liquids, crude oil, and petrochemicals. It's clients are in the continental United States, Canada, and Gulf of Mexico. EPD also develops pipeline and other energy infrastructure, and it's got a high yield and has been diversifying through acquisitions, which makes it worth looking into if you're looking for income and growth.









Enterprise Products Partners L.P. (EPD) Dividend History.


Here's a look at EPD's dividend history over the past five years:
































YearDividendYield
2009$2.188.15%
2008$2.098.36%
2007$1.9166.01%
2006$1.7966.2%
2005$1.666.91%

Even though the price has risen about 15.5% over the past 6 months, it still sports an attractive 6.90% yield and has a lot of upside potential if energy demand soars again like it did in the early part of 2008. After the fall in energy prices, Enterprise Products Partners saw its share price slashed with other oil and gas stocks even though it has a fairly limited exposure to commodity price changes of the underlying energy source. It is mostly an energy product transporter and facilitator, which means its costs are relatively fixed as compared with those of energy explorers.

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