Enterprise Products Partners (EPD): Cheap Stocks to Buy For the Next 10 Years

Enterprise Products Partners (NYSE:EPD) is one of the cheap stocks to buy for the next 10 years. On April 28, Enterprise Products Partners reported financial results for Q1 2026, highlighted by a net income of $1.5 billion and operating income of $1.9 billion, an 8% increase year-over-year. The partnership achieved an Adjusted EBITDA of $2.7 billion and generated $2.1 billion in operational distributable cash flow. Additionally, the company used $116 million for common unit repurchases as part of its ongoing $5.0 billion buyback program.

The quarter was marked by 12 new operational records, including record natural gas processing inlet volumes of 8.3 Bcf/d and pipeline transportation volumes of 14.2 MMBPD. Marine terminal volumes rose 15% to 2.3 MMBPD, and NGL fractionation volumes reached a record 1.9 MMBPD. These results were driven by the integration of new assets, such as the Mentone West 2 plant and the Bahia NGL pipeline, alongside high utilization rates at PDH facilities and increased demand for US energy exports.

Enterprise Products Partners (EPD): Cheap Stocks to Buy For the Next 10 Years

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Enterprise Products Partners (NYSE:EPD) continues to expand its footprint in the Permian Basin, announcing plans for two additional natural gas processing plants expected to begin service in 2027. The partnership currently has ~$5.3 billion in major growth projects under construction. For Q1, capital investments totaled $988 million, with 2026 growth capital expenditures projected to range between $2.3 and $2.6 billion as the company scales infrastructure to meet rising production and global export demand.

Enterprise Products Partners (NYSE:EPD) provides midstream energy services for producers and consumers of natural gas, natural gas liquids/NGLs, crude oil, refined products, and petrochemicals.

While we acknowledge the risk and potential of EPD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EPD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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