Is Enterprise Products Partners Stock a Buy Now?
Enterprise Products Partners (NYSE: EPD) is off to a lackluster start to 2025. Units of the master limited partnership (MLP) have declined by nearly 10% from their 52-week high. That's partially due to its lackluster first-quarter results, as the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and its adjusted cash flow from operations are down slightly compared to the year-ago period. That didn't sit well with a market that highly values growth. While the company's growth engine stalled last quarter, it should rev back up again in the coming months. Meanwhile, the MLP's distribution yield is now up to 6.8% following the slump in its unit price. That combination of growth and income at a lower price makes Enterprise Products Partners look like a compelling investment opportunity right now. Image source: Getty Images.Continue reading
Enterprise Products Partners (NYSE: EPD) is off to a lackluster start to 2025. Units of the master limited partnership (MLP) have declined by nearly 10% from their 52-week high. That's partially due to its lackluster first-quarter results, as the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and its adjusted cash flow from operations are down slightly compared to the year-ago period. That didn't sit well with a market that highly values growth.
While the company's growth engine stalled last quarter, it should rev back up again in the coming months. Meanwhile, the MLP's distribution yield is now up to 6.8% following the slump in its unit price. That combination of growth and income at a lower price makes Enterprise Products Partners look like a compelling investment opportunity right now.
Image source: Getty Images.
