Remove Enterprise Values Remove Leveraging Remove Return On Investment
article thumbnail

Enterprise Products Partners Is Set to Enter Growth Mode. Is It Time to Buy This Dividend Stock With a 7.3% Yield?

The Motley Fool

Enterprise ended the quarter with leverage of 3x. It defines leverage as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. What this means for investors in simpler terms is that Enterprise's distribution payout is well covered by its cash flow. cents per unit.

article thumbnail

3 Reasons to Buy Enterprise Product Parters (EPD) Stock Like There's No Tomorrow

The Motley Fool

I consider Enterprise's distribution extremely safe. The two biggest areas to look at when it comes to dividend safety are its distribution coverage ratio and leverage ratio. On that front, Enterprise had a robust 1.7x When the leverage at companies gets too high, there's a risk they may cut their dividend. billion to $3.75

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Reasons to Buy Enterprise Products Partners Stock Like There's No Tomorrow

The Motley Fool

The company generates a lot of cash flow, and has historically taken a conservative posture with leverage , which is also why it has been able to consistently increase its distribution. Leverage currently stand at 3, which is low for the midstream industry. Enterprise currently has a robust forward yield of 7.2%

article thumbnail

5 Reasons to Buy Enterprise Products Partners Stock Like There's No Tomorrow

The Motley Fool

The company generates a lot of cash flow, and has historically taken a conservative posture with leverage , which is also why it has been able to consistently increase its distribution. Leverage currently stand at 3, which is low for the midstream industry. Enterprise currently has a robust forward yield of 7.2%

article thumbnail

Consistent Enterprise Product Partners Looks Ready to Kick Growth Up a Notch

The Motley Fool

Over the past five years, Enterprise has averaged about a 13% return on invested capital, so these growth projects should provide meaningful growth to the company in the years ahead. At a similar return, the approximately $10.5 It ended the quarter with leverage of 3 times.

article thumbnail

3 Reasons to Buy Enterprise Products Partners Stock Like There's No Tomorrow

The Motley Fool

Enterprise's consistency stems from its largely fee-based model, where the company only takes on minimal commodity or spread risk. Meanwhile, it has historically been conservative with its leverage, distribution coverage ratio, and growth capital expenditure (capex) spending. Currently, the stock carries a forward yield of about 6.2%.

Debt 130
article thumbnail

Is It Time to Pile Into Enterprise Products Partners Stock, As It Looks to Supercharge Growth?

The Motley Fool

Based on its DCF, Enterprise's distribution coverage ratio was 1.7x. It ended the quarter with leverage of 3x, which it defines as net debt adjusted for equity credit in junior subordinated notes (hybrids) divided by adjusted EBITDA. Enterprise currently has $6.9 billion in projects that are under construction.