Enterprise Products Partners: My Favorite Pick In MLP Sector
EPDEnterprise Products Partners L.P.(EPD) Seeking Alpha·2024-06-07 23:41

thexfilephoto In February this year, I wrote an article about Enterprise Products Partners (NYSE:EPD) and Enbridge (ENB) comparing these two midstream players side by side. While the conclusion was that both players are attractive investment choices for yield-seeking investors, EPD was my preferred choice. There were three distinct reasons why I picked EPD over ENB: EPD had an upper investment grade credit rating (while in ENB's case it was at BBB territory) and lower leverage profile. The growth CapEx ambi ...