Latest news with #EPD
Yahoo
12 hours ago
- Business
- Yahoo
Why Income Investors Turn to EPD When the Market Sours
Enterprise Products Partners L.P. (NYSE:EPD) is one of the best dividend stocks for a bear market. Energy plays such a critical role in the global economy that demand tends to stay strong regardless of market fluctuations. As a result, Enterprise Products Partners L.P. (NYSE:EPD) enjoys stable cash flows, which allow it to maintain and steadily grow its generous distribution. In fact, the company has raised its payout every year for 27 years straight. Aerial view of a refinery tower surrounded by the sprawling landscape of pipelines in an oil & gas midstream facility. Its healthy cash position also supports the sustainability of these dividends going forward. Enterprise Products Partners L.P. (NYSE:EPD) has around $6 billion worth of organic growth projects set to come online this year, expected to start contributing to cash flow. In the latest quarter, it generated $2.1 billion in operating cash flow and reported $1.05 billion in free cash flow. While the distribution is a major draw, it's not the only factor behind the company's strong returns. Growing global demand for US hydrocarbons, especially natural gas liquids, has also been a significant tailwind. In addition, Enterprise Products Partners L.P. (NYSE:EPD) offers an attractive dividend yield of 6.85%, as of June 17. The company currently offers a quarterly dividend of $0.535 per share. Enterprise Products Partners L.P. (NYSE:EPD) is a major midstream energy company in North America that offers a range of services, including the transportation, storage, processing, and marketing of natural gas, natural gas liquids (NGLs), crude oil, refined fuels, and petrochemicals. While we acknowledge the potential of EPD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
2 days ago
- Business
- Globe and Mail
Should Investors Worry About Enterprise Products' 3.1 Leverage Ratio?
Enterprise Products Partners LP EPD reported a consolidated leverage ratio of 3.1 as of March 31, 2025. This means the master limited partnership's net debt (after removing the equity-like portion of hybrid debt and subtracting available cash) is 3.1 times larger than its adjusted EBITDA – a measure of its core earnings from operations. EPD's leverage ratio is thus slightly above the midpoint of its target range of 2.75 to 3.25. This generally signals a strong balance sheet as the partnership has the highest credit rating in the midstream energy space. Thus, Enterprise Products is in a strong position with more flexibility to raise capital in the future at favorable rates. That said, the midstream energy giant is carefully managing its balance sheet. On its first-quarter earnings call, EPD stated that as of the March quarter of this year, 96% of its $31.9 billion in total debt carried a fixed interest rate, which means the interest payments will not increase even if market interest rates rise. The partnership added that its debt portfolio has an average maturity of 18 years, and hence has plenty of time to pay off its debt principal. Although the overall outlook appears strong, investors should continue to monitor whether the partnership can maintain healthy profits to keep its leverage ratio within the target range it has committed to. Do KMI & WMB Have a Strong Balance Sheet? Kinder Morgan KMI and Williams WMB are also leading midstream energy players. Thus, both KMI and WMB require significant capital to invest in and to maintain their midstream assets. Considering the total debt-to-capitalization ratio, WMB has significantly more exposure to debt capital than the composite players belonging to the industry. WMB has a debt-to-capitalization of 64.8%, considerably higher than the industry's 56.8%. Kinder Morgan's story is, however, favorable. This is because KMI, responsible for transporting roughly 40% of the natural gas consumed in the domestic market, has a debt-to-capitalization of 50.8%. EPD's Price Performance, Valuation & Estimates Units of EPD gained 18% over the past year, outpacing the 17.5% rise of the composite stocks belonging to the industry. One-Year Price Chart From a valuation standpoint, EPD trades at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 10.08x. This is below the broader industry average of 11.48x. The Zacks Consensus Estimate for EPD's 2025 earnings hasn't been revised over the past seven days. EPD currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Williams Companies, Inc. (The) (WMB): Free Stock Analysis Report Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report Kinder Morgan, Inc. (KMI): Free Stock Analysis Report
RTÉ News
3 days ago
- Politics
- RTÉ News
Study ranks Ireland 18th over youth political participation
Ireland has ranked 18th out of over 140 countries worldwide in terms of youth participation in political, economic and civic life, according to the first study of its kind. The Global Youth Participation Index (GYPI) found that Ireland had an average score of 75% across a range of areas, including the socio-economic dimension, civil society, politics and electoral participation (the report defines youth as the 15-30 age group). This puts Ireland on a par with Latvia, Estonia, Slovenia and South Korea. However, participation in the electoral process is more moderate, with younger people less likely to vote in national elections compared to older voters, although turnout is higher in national referenda. "The Socio-Economic dimension score is especially high at 93%, driven by universal access to quality education, strong youth employment rates, and government programmes focused on skills development and social protection," the report states. "Ireland also has a good score in the Civic Space dimension: 85%, with a wide network of youth-led organisations and state-backed initiatives encouraging early and sustained engagement." The study highlights local councils such as Comhairle na nÓg as giving young people a formal voice in municipal decision-making, while national youth platforms "amplify campaigns on mental health, climate action, gender equality and social justice". It concludes: "This emphasis on participatory structures from an early age has helped normalise civic engagement as a regular part of Irish youth life." However, young people fall short in being able to influence politics with "limited access to formal power" and "few clear pathways … for young people to transition into national political roles". While political parties have youth wings, these typically operate in advisory roles with minimal influence on leadership decisions, the report finds. It also notes that young members of the Travelling community and migrants are "especially under-represented". The study was carried out under the auspices of the European Commission's civic engagement project and led by the European Partnership for Democracy (EPD). "The brand new tool based on a first-ever global index shows that young people are engaged and willing, but too often excluded," said Gwennaelle Joret, Programme Manager at EPD. "It gives the EU and its partners the evidence to act." Of the 141 countries polled, European countries rank highly, with Norway, Germany, Denmark and the Netherlands among the top performers. However, youth representation in politics remains low across most countries, including in high-scoring EU member states. Globally, while international and supranational organisations have recognised the value of youth participation, young people themselves are blamed by critics for not taking part in political, economic and civic life. However, the report rejects these findings. "Research on youth participation in decision-making processes, and the words and actions of young people around the world, show that they are not disengaged or disinterested, but often face insurmountable barriers when trying to fully participate. "Put another way, young people tend to be locked out of political processes rather than supported to engage in them, which can lead to their alienation and disappointment in government and state institutions - while being blamed for not doing more to engage in the democratic process." The authors suggest that from Bangladesh to Zimbabwe, and Paraguay to Serbia, young people have recently been on the frontline of demonstrations and movements for democratic, just and non-corrupt governments. Despite that, they are often restricted from the political process by age limits and the denial of employment, training and internet access. "Worse still, young demonstrators face extreme brutality. During and in the aftermath of the youth-led protests in Kenya against the 2024 Finance Bill and government corruption, for example, young people were arrested, tortured, and in some cases killed." Researchers canvassed youth experience across the four dimensions of Socio-Economic, Civic Space, Political Affairs and Elections, to assess where youth are thriving and where urgent reform is needed. The survey was developed by researchers from the University of Birmingham, University of Amsterdam and Merrimack College.
Yahoo
6 days ago
- Business
- Yahoo
This 6.7% Dividend Stock Looks Absurdly Good Today
Enterprise Products Partners is an income investor's dream stock. The master limited partnership has solid growth prospects thanks to rising demand for natural gas and natural gas liquids. Enterprise's valuation is attractive, too. 10 stocks we like better than Enterprise Products Partners › I first initiated a position in Enterprise Products Partners (NYSE: EPD) more than two years ago. How has that investment fared so far? Not bad. The midstream energy company has generated a total return of roughly 45%. Granted, that performance lags behind the S&P 500's total return of 56% during the same period. However, one thing I could count on, rain or shine, with Enterprise Products Partners was (and is) its juicy distribution. How does the stock look today? Absurdly good, in my opinion. First of all, Enterprise Products Partners is an income investor's dream stock. It currently offers a forward distribution yield of 6.7%. The master limited partnership (MLP) doesn't have to produce much in the way of unit price appreciation to deliver a solid total return. What's more, Enterprise boasts an outstanding track record of distribution hikes. The company has increased its distribution for 26 consecutive years. It has also paid $1.2 billion in "invisible" distributions since its initial public offering in 1998 via unit buybacks. Building this impressive record wasn't easy. Enterprise Products Partners faced multiple big challenges through the years, including the financial crisis of 2007 through 2009, the oil price collapse of 2015 through 2017, and the COVID-19 pandemic of 2020 through 2022. However, it was able to generate strong cash flow per unit to fund its distributions during every crisis. Some rivals were forced to resort to selling assets to cover their distributions during tough periods. Not Enterprise Products Partners. It's the only midstream energy company that has been able to grow its adjusted cash flow from operations (CFFO) per unit and reduce unit count without any material asset sales. Today, Enterprise Products Partners operates more than 50,000 miles of pipeline. It owns 43 natural gas processing trains and 26 fractionators, which separate the components of hydrocarbons. In addition, the MLP can store over 300 million barrels of liquids and has 20 deepwater docks. I mentioned earlier that Enterprise Products Partners' total return hasn't been as high as the S&P 500's since I bought it. If we looked back over the last five years, though, it would be a different story. Enterprise has also narrowly outperformed the S&P 500 in total return so far in 2025. The MLP's distribution isn't the only reason behind its market-beating total returns. The rising demand for U.S. hydrocarbons, especially natural gas liquids (NGLs), has played a key role as well. I think these demand trends will extend well into the future. Production of oil, NGLs, and natural gas is projected to increase steadily through the end of this decade. Artificial intelligence (AI) is an important driver behind the higher demand for natural gas. The data centers that host AI models require massive amounts of electricity, and natural gas is a good option to fuel the power plants that serve these data centers. In addition, LNG demand in Asia and Europe is expected to rise by roughly 30% by 2030. Enterprise is well positioned to capitalize on the demand growth. The MLP has $7.6 billion in major capital projects underway, with $6 billion of these projects projected to come online this year. It is also hitting the ground to create more opportunities: Enterprise's staff have visited over 20 international cities to boost export growth. What more could investors want than an ultra-high-yield distribution and solid growth prospects? An attractive valuation. Enterprise Products Partners has that, too. The MLP's units trade at 11.2 times forward earnings. That's the lowest forward earnings multiple in its peer group. It's also well below the S&P 500 energy sector's forward price-to-earnings ratio of 15.9. I think Enterprise Products Partners easily qualifies as an absurdly good stock to buy right now. Before you buy stock in Enterprise Products Partners, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Enterprise Products Partners wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Speights has positions in Enterprise Products Partners. The Motley Fool recommends Enterprise Products Partners. The Motley Fool has a disclosure policy. This 6.7% Dividend Stock Looks Absurdly Good Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion Value Chain
14-06-2025
- Business
- Fashion Value Chain
Viva ACP Earns EPD Certification, Boosts Green Credentials
Viva Composite Panel Pvt. Ltd., Asia's leading manufacturer of Aluminium Composite Panels (ACP), has announced the achievement of its Environmental Product Declaration (EPD) certification, registered under the International EPD® System. This marks a significant milestone in the company's sustainability journey and reinforces its commitment to environmental transparency. Covering FR Class A2, FR Class B1, and Non-FR ACPs, the EPD assesses the entire lifecycle of 1m² of Viva's 4mm ACP—from raw material sourcing to end-of-life recycling. The panels demonstrate strong circular economy potential, with 95% of aluminium and 90% of polyethylene core materials being recyclable. The EPD certification also allows architects and developers to earn up to two LEED points, contributing to certifications under LEED, BREEAM, IGBC, and GRIHA standards for green buildings. Director Nitin Jain commented, 'This EPD certification marks a major step forward in our vision for sustainable innovation. It validates our focus on responsible manufacturing and empowers industry stakeholders to make eco-conscious material decisions.' Key Applications of Viva ACP: Architecture: Facades, cladding, and exterior elevation Interiors: Walls, ceilings, and partitions Signage & Branding: Premium visual displays Transportation & Retail: Vehicle bodies, fixtures, modern furniture Solar Structures: Lightweight yet durable design Manufactured at Viva's Umbergaon facility in Gujarat, the panels leverage advanced Korean technology for high durability, aesthetics, and performance. With this EPD, Viva joins a select group of Indian ACP manufacturers offering globally benchmarked sustainability credentials.
