This Energy Company Is Set to Thrive Amid the EV Boom
Electrification of transport is clearly a trend that's here to stay. However, that doesn't necessarily mean the demise of energy companies, as many investors seem to think. Oil and gas companies are working on ways to grow even as one of their largest markets -- the transport segment -- is moving away from fossil fuels.
Enterprise Products Partners (NYSE: EPD) seems to be particularly well placed to continue growing amid the electric vehicle (EV) boom. Let's discuss why.
Enterprise Products Partners has a long history of financial discipline, which allowed the company to grow and expand its operations steadily. The company has a vast and diversified asset base today. Management's rich expertise helped Enterprise Products sail through challenging times while delivering value to its unitholders.
Source Fool.com
