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Enterprise Products Partners' Earnings Show Stability Amid the Storm

TheMotleyFool

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Enterprise Products Partners' Earnings Show Stability Amid the Storm

Enterprise Products Partners (NYSE: EPD) delivered solid operational and financial results during the third quarter despite continued turbulence in the oil market. Because of that, the master limited partnership (MLP) generated more than enough cash to cover its 10.3%-yielding distribution. That enabled it to produce excess cash to satisfy most of its growth spending and maintain a strong balance sheet.

Metric

Q3 2020

Source Fool.com

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