Enterprise Products Partners: Still A Buy Heading Into Earnings Paying Large Distributions

  • EPD is a top-tier midstream operator with 25+ years of distribution growth, benefiting from essential energy infrastructure and rising demand. Strong Q1 results, robust balance sheet, and $7.6B in growth projects position EPD for continued cash flow and distribution increases. A Fed rate cut cycle will lower EPD's cost of capital and make its 6%+ yield more attractive versus declining risk-free rates.