Enterprise Products Partners L.P. (EPD) is the largest publicly traded energy partnership. The company has provided consistent results since their initial public offering (IPO) in 1998. The partnership provides midstream enterprise services in North America. Midstream operations are less prone to commodity price swings. A successful 14 year track record suggests this is a blue chip income stock to buy and hold. An investor has received an annual return of 22.08%, on average, with dividends reinvested since 1998. As the company has 32 quarters of consecutive increases, I address 3 key reasons why Enterprise Products Partners is a compelling valuation.
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