In the following video, Motley Fool energy analysts Joel South and Taylor Muckerman discuss another solid quarter for U.S. pipeline company Enterprise Products Partners (NYSE:EPD), in which the company increased its distributions for the 35th straight quarter. Joel gives investors several metrics to show not only that the company can continue to support strong dividend growth, but also that its solid backlog and low financing costs mean great prospects for continued, strong growth. He then discusses why Enterprise is a buy, even a better one than some of its high-growth pipeline contemporaries.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Enterprise Products Partners L.P. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Is Enterprise Products Partners L.P. a Buy in 2018?
Its units had a down year, but the pipeline company has plenty of growth coming down the pike.
MLPs: What to Watch in 2018
After a tough year in 2017, master limited partnerships could enjoy a much better 2018.
3 Stocks to Buy With Dividends Yielding More Than 6%
Find out how to get more from your stocks.