- 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.
For further details see:
The Lure Of Enterprise Products Partners' Distributions