Enterprise Products Partners Has A Huge Runway In The Permian Basin
EPDEnterprise Products Partners L.P.(EPD) Seeking Alpha·2024-01-07 11:41

kyletperry Enterprise Products Partners (NYSE:EPD) has laid out a significant growth trajectory in the Permian Basin as they bring online their new gathering and processing systems in the Midland and Delaware Basins. Though the near-term outlook for the hydrocarbons industry looks flat for 2024, production growth in the basin creates a bright spot for firms that operate in the Permian. Looking at Enterprise Products’ growth forecast of 1.2MMbbl/d of NGLs and 8.8Bcf/d of gas in the Permian by 2030, I believe ...