UMI - The Lure Of Enterprise Products Partners' Distributions

June, 22 2022 03:57 PM USCF Midstream Energy Income Fund ETF

While the environment is more favorable for the oil and gas industry, EPD is trading at the same level as in early 2022.
The maximum distribution growth achievable for EPD today is 5%. Everything above 4% is a success.
For practical purposes with a certain margin of safety, EPD should be valued at a distribution growth of 3-4%.
ESG factor will keep influencing the stock in the long run but less than before the Russian-Ukrainian conflict.
EPD's fair value is about $24-28 based on discounting its distributions.

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Company Name:	USCF Midstream Energy Income Fund ETF
Stock Symbol:	UMI
Market:	NYSE