Wexford Capital: Joseph Jacobs, Charles Davidson, Private Equity, Energy and Real Estate Investments

2. Enterprise Products Partners L.P. (NYSE:EPD)

On the other hand, Wexford Capital cut its position in Enterprise Products Partners L.P. (NYSE:EPD) by 19% over the quarter and held 2.47 million shares worth $66.75 million at the end of June. Enterprise Products Partners L.P. (NYSE:EPD) provides midstream energy services to producers and consumers of natural gas, oil, petrochemicals, natural gas liquids, and refined products. The company’s stock has lost over 5% since the beginning of the year and currently sports a dividend yield of 6.50%, as Enterprise Product Partners increased its dividend to $0.42 from $0.41 earlier this year. During the second quarter, the number of funds tracked by Insider Monkey holding shares of Enterprise Products Partners L.P. (NYSE:EPD) declined by three to 25 during the second quarter.

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