EPD: from Motley Fool, December 24, 2017 -- three companies that skew toward the lower end of the risk spectrum; one of them: EPD --
... stable assets support about 92% of the company's earnings, which has helped Enterprise continue generating relatively steady cash flow when times get tough.
That cash flow stability enables Enterprise Products Partners to pay a growing cash distribution to investors, which currently yields 6.4%.
Adding further support to that payout is that Enterprise covers it with cash flow by a comfortable 1.2 times, and it has a top-tier balance sheet, including one of the highest credit ratings in the industry.
While the company's metrics put its payout on rock-solid ground, Enterprise recently announced plans to further strengthen its financial situation by growing its distribution at a slower pace next year so it can widen its already conservative coverage ratio and generate more cash to fund expansion projects.One-time $12 billion science project: world's largest-ever vessel is all set to go in 2018
- the Prelude is now stationed over a gas field off the north coast of Western Australia
- it should produce enough natural gas to power a city the size of Hong Kong
- the vessel is almost one-third of a mile long with a deck longer than four soccer fields
- construction on Shell's huge floating liquefied natural gas (FLNG) structure began in 2012 and was finished in July by Samsung's Heavy Industries in South Korea, before being towed to Australia
- in 2016, Shell itself decided not to pursue a further three FLNG projects with Samsung
- fully operational, Shell says it will harvest at least 5.3 million tons per annum (mtpa) of liquids — 3.6 mtpa of LNG, 1.3 mtpa of condensate and 0.4 mtpa of liquefied petroleum gas
- Shell has never disclosed how much the vessel will cost, but industry analysts told Reuters that its price would sit between $10.8 billion and $12.6 billion
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