(EPD) Enterprise Products Partners, L.P. Poised at Neutral

We reaffirmed our Neutral recommendation on leading master limited partnership Enterprise Products Partners, L.P. (EPD), on May 20, 2013. Riding on growth from record throughput volumes in its fee-based businesses, the partnership reported robust earnings in the first quarter. The partnership currently holds a Zacks Rank #3, which is equivalent to a short-term Hold rating. Why Maintained? Enterprise Products Partners is engaged in providing a wide range of midstream energy services to the producers and consumers of natural gas, natural gas liquids (NGL), and crude oil. The partnership’s assets include 50,000 miles of onshore and offshore pipelines, approximately 200 million barrels of storage capacity for NGLs, refined products and crude oil, and 14 billion cubic feet of natural gas storage capacity. We continue to view Enterprise Products Partners as a […]