A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today Am reviewing the first of five energy sector stocks primed to join Volio as the third of three representing the sector. One of the stocks I discuss this week could be the forty-seventh overall Volio selection! Just five more Volio picks to make after this one.

Now to that energy sector and its six industries all related to bringing oil and gas to market. They are: drilling, exploration, and production (E&P), equipment and services, integrated, midstream, refining & marketing.  (Those six oily and gassy enterprises.)

My subject today is an oil and gas midstream company named, Enterprise Product Partners LP. Its trading ticker is EPD. This is my first report on Enterprise Product Partners LP for this Volio portfolio.

Enterprise Products Partners LP is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals.

It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the Natural Gas Liquids market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.

The company was founded in 1968 and is headquartered in Houston, Texas.

I use three key data points to gauge dividend equities or funds like Enterprise Product Partners LP:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

EPD Price

Enterprise's price per share closed at $18.17 Friday. A year ago their price was $30.20. Price fell $12.03 or nearly 40% last year.

Assuming Enterprise's stock trades in the range of $10 to $25 this next year, its recent $18.17 price might rise by $3.83 to reach $22.00 by July 20, 2021.

EPD Dividends

Enterprise's most recent declared quarterly dividend was $0.445, payable August 12th. That $0.445 Q dividend equates to $1.78 annually for a yield of 9.8% at yesterday's $18.17 share price.

EPD Gains?

Adding the $1.78 annual estimated dividend to my $3.83 optimistic estimate of Enterprise Product Partners LP price upside shows a $5.61 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in Enterprise Product Partners LP we would buy 55 shares of EPD stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.18 per share.

Subtract that $0.18 brokerage cost from my estimated $5.61 gross gain per share results in a net gain of $5.43 X 55 shares = $298.65 for a 29.87% net gain on a $995.35 Investment.

Thus, Enterprise Product Partners LP shows a possible 29.87% net gain including a 9.80% dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if Enterprise Product Partners LP is worth it.