E Energy Stock Pick: Enterprise Product Partners

This week, I'm seeking a second robust dividend energy sector representative for my new Ivy portfolio. 

That energy sector includes 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.  (Yes, six oily and gassy enterprises.)

Today I'm reviewing a large-cap oil & gas midstream company, named Enterprise Product Partners LP Its trading ticker symbol is EPD.

Enterprise Products Partners LP is a limited partnership engaged in transporting and processing natural gas, natural gas liquids, crude oil, refined products, and petrochemicals.

The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. 

The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services, as well as NGL export docks and related services.. 

The Crude Oil Pipelines & Services segment operates approximately 5,800 miles of crude oil pipelines; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 495 tractor-trailer tank trucks used to transport crude oil. 

The Natural Gas Pipelines & Services segment operates approximately 19,700 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming.

The Petrochemical & Refined Products Services segment operates propylene fractionation and related activities, including 800 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline. 

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

I use three key data points to gauge the value of any dividend equity or fund like Enterprise Product Partners LP: 

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