Enterprise Products Partners (EPD)
The first stock we’ll look at, Enterprise Products, is a midstream company in the energy industry. Its business is moving product, getting the crude oil, the natural gas, and the natural gas liquids pulled out of the ground by producers from the well heads and into the transport network of pipelines and transfer terminals and the storage infrastructure of tank farms and refineries.
Enterprise’s assets include a wide-ranging network of pipelines and storage sites, stretching from Appalachian gas fields of Pennsylvania, the Great Lakes region, the Southeast, and the Rocky Mountains, into Texas and the Gulf Coast region, where there are processing facilities, storage farms, refineries, and import/export terminals. It’s large scale business, and Enterprise commands a market cap of more than $55 billion.
More importantly than its business network or company size, Enterprise has seen its shares gain in this year’s volatile trading, with a year-to-date net increase of 27%.
Disclaimer: this is not an investment
site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here. Full disclaimer at tabbed link.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
No comments:
Post a Comment