Enterprise Products Partners ( EPD) is a midstream energy company that provides services to producers and consumers of natural gas, NGLs, crude oil and petrochemicals in the U.S., Canada and the Gulf of Mexico.

The numbers: First-quarter revenue fell 40% to $3.4 billion as net income weakened 13% to $225 million and earnings per share fell 20% to 41 cents. A quick ratio of 0.6 and a debt-to-equity ratio of 1.5 indicate a less-than-ideal financial position. However, margins improved significantly during the quarter, with operating margin climbing to 11% and net margin jumping to 7%.

The stock: Enterprise Products has climbed 35% in 2009, outperforming all major U.S. indexes. Yet, at its current price, the stock still offers a cash distribution yield of 7.8%. Cash distributions are taxed differently than dividends.

TSC Ratings was given an award for "Best Stock Selection" amongst independent research providers by BNY ConvergEx Group. A rating can be viewed for any stock through our screener. Each rating is derived from a variety of fundamental and pricing figures and represents our opinion of risk-adjusted performance relative to a 5,000-plus stock coverage universe. However, the rating does not incorporate all factors that can alter a stock's performance, such as corporate or industry events, technology innovations and shifts in competitive dynamics.

If you liked this article you might like

New Jersey Resources (NJR) Hits New Lifetime High Today

New Jersey Resources (NJR) Hits New Lifetime High Today

Power Up Your Portfolio With These 5 Utility Trades

New Jersey Resources (NJR) Reaches New Lifetime High Today

New Lifetime High For New Jersey Resources (NJR)