Growth Capital Underway: Enterprise Products Partners’ $6 Billion CapEx Plan And Its Impact On Midstream MLPs

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Growth Capital Underway: Enterprise Products Partners’ $6 Billion CapEx Plan And Its Impact On Midstream MLPs Infrastructure Capital Advisors 404 Follower s Comments Summary Although countless midstream firms talk about focusing on balance-sheet discipline, Enterprise Products Partners is setting off in a much more dynamic direction. New Permian Basin gas processing plants, the 14th NGL fractionator at Mont Belvieu and an ethane/LPG export terminal on Neches River are among efforts to serve both domestic and global markets. These projects will help speed growth and result in excess free cash flow once they become operational, which can then be used for future distribution increases, buybacks or paying down debt. Although countless midstream firms talk about focusing on balance sheet discipline, Enterprise Products Partners (NYSE: EPD) is setting off in a much more dynamic direction. The Houston-based Master Limited Partnership, known for its stability, is poised to bring This article was written by 404 Follower s Infrastructure Capital Advisors (“Infrastructure Capital”) is a leading provider of investment management solutions designed to meet the needs of income-focused investors. Jay Hatfield is CEO and CIO of the investment team. Mr. Hatfield is the lead portfolio manager of the InfraCap Small Cap Income ETF (NYSE: SCAP), InfraCap Equity Income Fund ETF (NYSE: ICAP), InfraCap MLP ETF (NYSE: AMZA), Virtus InfraCap U. S. Preferred Stock ETF (NYSE: PFFA), InfraCap REIT Preferred ETF (NYSE: PFFR), and a series of private accounts. Infrastructure Capital frequently appears on or is quoted in Fox Business, CNBC, Barron’s, The Wall Street Journal, Yahoo Finance, TD Ameritrade Network, and Bloomberg Radio/TV. The team at Infrastructure Capital publishes a monthly market and economic report, quarterly commentaries, investing primers, and asset class and strategy research. In addition, Infrastructure Capital hosts a monthly webinar and attends industry conferences in an effort to provide educational investing resources. Comments Recommended For You.
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