Enterprise Product Partners L.P., $52.25, symbol EPD on New York (Shares outstanding: 871.3 million; Market cap: $45.5 billion; www.enterpriseproducts.com), is a leading provider of natural gas and natural gas liquids processing, transportation and storage services in the U.S. and Canada.
In the three months ended December 31, 2011, Enterprise’s revenue rose 20.9%, to $11.6 billion from $9.6 billion a year earlier. Earnings per share rose 148.5%, to $0.82 from $0.33.
The company has seen steady growth across all of its businesses. Enterprise should process and ship more natural gas liquids (NGLs) this year, and its profit margins from these activities should increase, as well. Natural gas prices are at 10-year lows, but companies continue to increase their drilling and production.
Meanwhile, Enterprise continues to add processing capacity. These improvements and its pipeline expansion projects are increasing its revenue and earnings.
The company plans to spend $3.5 billion across a number of projects in 2012, including expansion in the booming Eagle Ford Shale region.
Enterprise has…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
The privacy of the site/store visitor is very important to TSI Network, and is respected at all times. The information we receive from customers helps us to personalize and continually improve your online experience at TSI Network.
We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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