No. of Recommendations: 3
I'm long EPD about 7 percent of our holdings so I shared it.
" Summary
Enterprise Products Partners has completed a strategic Midland Basin acquisition from Occidental Petroleum.
EPD acquired used assets (likely) at a discount to building them new.
The acquired assets offer further upside through debottlenecking and add-on projects.
EPD has a history of solid ROIC.
The debt rating is an "A" which is among the highest ratings in the midstream industry for any company I follow."
https://seekingalpha.com/article/4827436-enterpris...