Enterprise Products Partners: Steady Execution, Reliable Returns

CashFlow Hunter Investing Group Leader Follow Summary Enterprise Products Partners delivered another record quarter, with net income up 28% and adjusted EBITDA up 17% year-over-year. Volumes and international demand drove operational outperformance, particularly in NGL exports, with growth capex guidance raised again to $2.9–$3.4 billion. Distribution coverage remains robust at 1.9x, with a 5.85% yield and a payout ratio of 56% of adjusted CFFO, supporting income-focused investors. EPD trades at 10.71x EBITDA, offering secular tailwinds, low economic correlation, and a strong track record of tax-efficient, compounding returns. This idea was discussed in more depth with members of my private investing community, Catalyst Hedge Investing. Learn More » gettinthere/iStock via Getty Images Q2 Quarterly Update: Enterprise Products ( EPD ) had another very solid quarter that we have come to expect from the company. Below, see the financial highlights from the company's press release versus Q2 last year. Net This article was written by CashFlow Hunter 10.95K Followers Follow Cashfow Hunter has over 25 years of experience in the markets, with nearly 20 of them as a hedge fund portfolio manager. His experience investing in debt and equity markets gives him unique insights into markets. He successfully predicted the implosion of Silicon Valley Bank. He has degrees from Wharton and MIT.He leads the investing group Catalyst Hedge Investing, in which he shares his best long and short ideas. He looks for investment ideas with asymmetric risk/reward and a clear catalyst. Learn More. 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.