|Bid||28.59 x 1300|
|Ask||28.60 x 1300|
|Day's Range||28.45 - 29.13|
|52 Week Range||23.59 - 30.25|
|PE Ratio (TTM)||22.87|
|Forward Dividend & Yield||1.67 (5.77%)|
|1y Target Est||N/A|
The S&P 500 Index continued its blistering start to the year, reaching a new record high last week. The stock market is being propelled by building optimism about the economy’s growth and the expected benefits from the tax cut bill. News of higher dividends from several companies didn’t hurt spirits either.
T. Boone Pickens Shuts Down Hedge Fund because of health problems and underperformance. He was betting big on the resurgence of midstream
The latest earnings release Enterprise Products Partners LP’s (NYSE:EPD) announced in September 2017 revealed that the company experienced a minor headwind with earnings falling from $2,512.5M to $2,500.2M, a changeRead More...
Houston-based Enterprise Products Partners LP (EPD) announced another facility expansion this week, just days after a previous announcement. The latest expansion will be at the midstream giant’s butane isomerization facility at its complex in Mont Belvieu, east of Houston. “Butane isomerization is the process of converting normal butane into high-purity isobutane, which is used as a feedstock for the petrochemical and refining industries,” the press release states.
Backed by long-term agreements, Enterprise (EPD) plans to expand capacity at butane isomerization facility in Mont Belvieu, TX.
If diversification is important to you, you might pick one of the two, but the other has a lot more going for it.
Williams Companies (WMB) was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 11.6x on December 27, 2017. Peers ONEOK (OKE) and ...
The midstream giant will add a third processing train to the complex that will add 300 million cubic feet per day of increased capacity, bringing the total to 900 million cubic feet per day, according to a Jan. 3 press release . When all three trains are finished, the facility will be able to output up to 120,000 barrels per day of NGLs, an increase of 40,000 barrels per day. The trains will deliver mixed NGLs from Orla to the company’s integrated pipeline system — including the new Shin Oak Pipeline , per the release.
Magellan Midstream has executed well historically, but will that trend continue in 2018? Here's what you need to know to answer that question.
Many analyst favorites at this time last year are in the red but there's optimism that next year will be better with the oil supply/demand balance tightening.
CEO of Enterprise Products Partners Lp (NYSE:EPD) Aj Teague bought 11,300 shares of EPD on 12/27/2017 at an average price of $26.47 a share.
The inevitable resumption of production growth in the U.S., coupled with expansion in Libya and Nigeria, will likely nudge crude stockpiles higher again in 2018.
ONEOK’s (OKE) natural gas transportation capacity contracted was 6,593 Mdth/d (thousand dekatherms per day) in 3Q17 up from 6,300 Mdth/d in 3Q16.