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2/9/2010 4:00 PM

Enterprise Products Partners L.P. (EPD)

CAPS Rating: 5 out of 5

A North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids, crude oil, and certain petrochemicals.

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Member Avatar KyrieLoon (65.50) Submitted: 6/6/2009 4:59:32 PM : Outperform Start Price: $24.95 EPD Score: +8.82

Enterprise Products Partners is up to its elbows in natural gas and offers a range of processing, transportation and storage services. It has an interest in over 30,000 miles of pipelines, has a long history of profitability, has paid a consistently increasing dividend since 2005, and currently has a dividend yield in excess of 8%. This is a company I try to hide from my enemies :-)

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Member Avatar rl1008 (73.11) Submitted: 7/28/2009 9:00:46 AM
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Do you still see this as a good investment at it's current price?

Member Avatar KyrieLoon (65.50) Submitted: 8/6/2009 3:07:44 PM
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Yes, I do. I picked this stock as a long term investment (3 - 5 years) for two reasons. One of this is the outstanding dividend (actually, distribution). The other reason is I am of the opinion natural gas and related energy sources will become increaingly important over the investment term. For these reasons 'current price' is not a consideration for me - I'm not looking to trade the stock. Rather I'm looking for this stock to earn me a year-after-year return of over 7% on my money.

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