Enterprise Products Partners completed $6 billion of expansion projects in the second half of 2025, with a significant decline in capital spending expected for 2026. The MLP anticipates producing more excess free cash flow in the coming year, following a lackluster year in the energy sector in 2025. This includes underwhelming returns compared to the S&P 500. Despite this, several energy stocks, including Enterprise Products Partners, have catalysts for higher returns in 2026. The company made substantial investments in infrastructure and acquisitions in 2022 and reached its peak capital spending in 2025. This enabled the completion of growth projects and set the stage for a significant decrease in capital spending for 2026. Enterprise Products Partners has upcoming projects planned for completion in 2026, including expansions and new facilities. The company’s strong financial position and excess cash flow are expected to support increased distributions, unit repurchases, and potential acquisitions. Enterprise Products Partners is positioned to generate more free cash flow, increase its distribution, and pursue growth opportunities in 2026. This makes it an attractive energy stock for investors in the new year.

Read more at Yahoo Finance: The First Energy Stock I Plan to Buy in 2026