Here's Why You Should Hold Enterprise (EPD) in Your Portfolio
EPDEnterprise Products Partners L.P.(EPD) Zacks Investment Research·2024-03-20 21:56

Enterprise Products Partners LP (EPD) is a leading midstream energy player with low exposure to volume and price risks. The Zacks Consensus Estimate for the partnership’s 2024 earnings per unit is pegged at $2.63, indicating a year-over-year increase of almost 4%. Factors Working in Favor Enterprise Products, which currently carries a Zacks Rank #3 (Hold), has a stable business model and is not significantly exposed to the volatility in oil and gas prices. It generates stable fee-based revenues from its ext ...