Enterprise Products Partners L.P. (EPD) is considered one of the best long-term retirement stocks. TD Cowen reiterated a Hold rating on EPD and raised the price target from $33 to $34 on February 5. The company reported a record fourth quarter of natural gas inlet volume of 8.1 Bcf/d and record NGL fractionation volume of 1.9 million BPD, leading to higher gross operating margin and record net income.

A.J. “Jim” Teague, co-chief executive officer, forecasts strong natural gas and NGL production growth in the Permian Basin due to increasing gas-to-oil ratios and new completion technology. The company reported a net income of $5.8 billion, with operational distributable cash flow of $7.9 billion. Distribution declared increased 3.6% to $2.175 per common unit, marking the 27th consecutive year of growth.

Enterprise Products Partners L.P. (EPD) is a major North American midstream energy company that transports, stores, and processes natural gas, NGLs, crude oil, refined products, and petrochemicals. Despite its potential as an investment, some believe certain AI stocks offer greater upside potential. The company repurchased $300 million of its common units, bringing total repurchases to $1.4 billion.

Read more at Yahoo Finance: Is Enterprise Products Partners L.P. (EPD) One of the Best Long-Term Stocks to Invest in for Retirement?