Enterprise Products Partners, a company that moves oil and gas, just reported its earnings! They made a lot of money and are planning to spend even more to grow their business. This is good news for investors who like steady income.
- They increased their profits by a few percent.
- They plan to spend billions of dollars on new projects.
- They're giving investors a higher payment (like a dividend).
Fact | Number |
---|---|
Total gross operating profit | $2.63 billion |
Growth Capital Expenditures (this year) | $4-4.5 billion |
Forward Yield | 6.6% |