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Enterprise Products Stock: Attractive Valuation, But Is It Time to Buy?
Enterprise Products Partners LP EPD is trading at a trailing 12-month EV/EBITDA multiple of 11.07x, which is lower than the broader industry average of 11.29x. Enbridge Inc. ENB and Kinder Morgan Inc. KMI, two other midstream majors, are valued higher at 15.48x and 13.98x, respectively.Zacks Investment Research Image Source: Zacks Investment Research Since EPD is undervalued, should investors …