Oil Prices Fluctuate, But Enterprise Products Partners' Dividends Do Not

Envision ResearchInvesting Group LeaderFollow5ShareSavePlay(9min)CommentsSummaryEnterprise Products Partners is especially timely amid heightened oil price volatility thanks to its robust cash flow growth and disciplined capex.EPD's diversified midstream model and geographic reach have served shareholders well in the past.They have enabled consistent dividend growth even during extreme downturns that force many other oil stocks to cut or eliminate dividends.The recent 10-K highlights aggressive capex investments, which are comfortably funded by organic cash flows.Valuation remains attractive despite near-record share prices, with a DDM-based fair value of $48 versus a $37 market price.This idea was discussed in more depth with members of my private investing community, Envision Early Retirement. Learn More » SawitreeLyaon/iStock via Getty Images EPD stock: previous thesis and new catalysts I last covered Enterprise Products Partners L.P. (NYSE:EPD) on Feb 5. The article focused on the technical trading patterns of the stock, argued for a priceThis article was written byEnvision Research20.21K FollowersFollowEnvision Research, aka Lucas Ma, has over 20+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management.He leads the investing group Envision Early Retirement along with Sensor Unlimited where they offer proven solutions to generate both high income and high growth with isolated risks through dynamic asset allocation. Features include: two model portfolios - one for short-term survival/withdrawal and one for aggressive long-term growth, direct access via chat to discuss ideas, monthly updates on all holdings, tax discussions, and ticker critiques by request.Analyst’s Disclosure: I/we have a beneficial long position in the shares of EPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.