EPD Intrinsic Value – Comparing Yields: Enterprise Products Partners L.P. Vs. Legal & General – Which Is The Better Pick?

☀️Trending News

Enterprise Products Partners ($NYSE:EPD) L.P. (EPD) is a leading midstream energy company that provides a wide range of services and products to the energy industry. With a presence in all of the major producing basins throughout North America, EPD is well-positioned to capture growth in the energy industry. The question is: which of these two stocks offers a superior yield, Enterprise Products or Legal & General? This suggests that EPD may be a better pick for investors looking for higher returns.

However, investors should always consider the company fundamentals, financials, and other factors before deciding which stock to choose. Ultimately, investors should carefully consider the merits of each stock before making a decision about which to invest in. Both Enterprise Products and Legal & General offer valuable investment opportunities, but depending on an individual’s goals and risk appetite, one may be more suitable than the other.

Stock Price

On Wednesday, Enterprise Products Partners L.P. (EPD) stock opened at $26.0 and closed at $26.2, up by 0.7% from previous closing price of 26.0. This brings the discussion to the yield comparison between EPD and Legal & General (L&G). Both companies are top-tier energy infrastructure companies, but which one offers a better yield rate? This clearly shows that EPD offers more attractive dividend yield than L&G. Moreover, EPD’s dividend has grown steadily over the years, while L&G has not seen significant growth in its dividend payments. Furthermore, EPD has been able to maintain its dividend even during times of market volatility.

Moreover, EPD’s stock price has been on an upward trend for the past few months, while L&G’s stock price has been relatively flat. This further adds to the advantage of investing in EPD as the stock has the potential for capital appreciation as well as attractive dividends. The higher dividend yield and capital appreciation potential make it a more attractive option than Legal & General. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for EPD. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for EPD. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for EPD. More…

Key Ratios Snapshot

Some of the financial key ratios for EPD are shown below. More…

Analysis – EPD Intrinsic Value

At GoodWhale, we conducted an analysis of ENTERPRISE PRODUCTS PARTNERS L.P.’s financials. We determined the intrinsic value of ENTERPRISE PRODUCTS PARTNERS L.P.’s shares to be around $27.0 by using our proprietary Valuation Line. The stock is currently trading at $26.2, making it a fair price that is undervalued by 3.1%. This represents an opportunity for investors to make a sound investment decision and obtain a great return on their money. More…

Peers

Enterprise Products Partners LP is a Houston-based partnership that owns and operates pipelines and other energy-related transportation and storage facilities. The company’s main competitors are Energy Transfer LP, Enbridge Inc, and Kinder Morgan Inc. All three companies are based in North America and are involved in the transportation and storage of oil and natural gas.

– Energy Transfer LP ($NYSE:ET)

Energy Transfer LP is a publicly traded partnership that owns and operates energy infrastructure assets in the United States. The company’s assets include natural gas pipelines, natural gas storage facilities, and crude oil pipelines. Energy Transfer LP is headquartered in Dallas, Texas.

– Enbridge Inc ($TSX:ENB)

Enbridge Inc is a Canadian energy transportation and distribution company. It has a market capitalization of $103.97 billion as of 2022 and a return on equity of 9.87%. The company operates in the oil and gas industry and owns and operates a network of pipelines that transport crude oil, natural gas, and refined products in Canada and the United States. Enbridge also owns and operates a fleet of oil tankers and gas storage facilities.

– Kinder Morgan Inc ($NYSE:KMI)

Kinder Morgan Inc is a leading North American energy company that specializes in the transport, storage, and distribution of natural gas and crude oil products. The company has a market capitalization of $40.72 billion as of 2022 and a return on equity of 7.82%. Kinder Morgan is one of the largest energy infrastructure companies in North America, with a network of approximately 84,000 miles of pipelines and 160 terminals. The company’s pipelines transport natural gas, crude oil, refined products, and CO2, while its terminals store and handle petroleum products, chemicals, and other bulk materials.

Summary

Enterprise Products Partners L.P (EPD) is a leading midstream energy company with one of the most extensive portfolios of energy assets in North America. In addition to providing midstream services such as natural gas processing, transportation, storage, and terminaling, the company also offers NGLs (natural gas liquids) fractionation and export services. Additionally, EPD has a strong balance sheet, with solid cash flow and low leverage, providing investors with assurance that the dividend is safe. In conclusion, EPD is a solid investment for income-seeking investors seeking consistent and high dividend yields.