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StockNews.com
StockNews.com
Business
Dipanjan Banchur

EPD Offers Value and More Than 7% Dividend Yield at Current Levels

Enterprise Products Partners L.P. (EPD) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in North America. The company’s segments include NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

Heightened inflation and the prospects of a recession have kept investors concerned. Equities and other major asset classes have been hard hit over the past few months because of the consistently high inflation and the Federal Reserve’s aggressive monetary tightening.

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