NYSE:EPDOil and Gas
Enterprise Products Partners Ups Payout As LNG And Power Demand Build
Enterprise Products Partners (NYSE:EPD) announced a quarterly cash distribution increase.
The partnership continued executing unit buybacks alongside the higher cash payout.
Management highlighted confidence in long term cash flow to support these capital returns.
EPD is positioned to benefit from strong electricity demand and expanding LNG exports.
Enterprise Products Partners operates a large midstream network tied to energy production, processing, and transport, so its cash flows are...