- Enterprise Products Partners showed remarkable YOY growth on most of its reported figures.
- A closer look at the actual numbers reveals that the company's performance was fairly comparable to last year.
- The company's volumes were almost flat YOY, with the notable exception of natural gas.
- The company is likely to report some growth throughout 2022 and 2023 as the Navitas Acquisition and some large growth projects come online.
- The 7.75% distribution yield is easily sustainable and may even be increased in the near future.
For further details see:
Enterprise Products Partners: Q4 Results Show Overall Stability And Distribution Support