Enterprise Products Partners LP 

Oiltanking Partners, L.P., engaged in independent storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas, has expanded its relationship with Enterprise Products Partners, L.P., a midstream services provider, and plans to increase its ability to import/export liquefied petroleum gas, or LPG, at its terminal on the Houston Ship Channel.

Enterprise Products Partners L.P. (NYSE:EPD) today announced that Michael A. Creel, chief executive officer of Enterprise's general partner, is scheduled to present at the Howard Weil 41st Annual Energy Conference in New Orleans, Louisiana on Monday, March 18, 2013 at 4:10 p.m. CDT.

Enterprise Products Partners LP (NYSE: EPD) closed Tuesday's trading session at $56.96. In the past year, the stock has hit a 52-week low of $45.67 and 52-week high of $57.89. Enterprise Products Partners (EPD) stock has been showing support around $56.21 and resistance in the $58.07 range. Technical indicators for the stock are Bullish and S&P; gives Enterprise Products Partners (EPD) a very positive 5 STARS (out of 5) strong buy rating. For a hedged play on Enterprise Products Partners (EPD), look at the Jan '14 $55.00 covered call for a net debit in the $53.66 area. That is also the break-even stock price for this trade. This covered call has a duration of 311 days, provides 5.79% downside protection and an assigned return rate of 2.50% for an annualized return rate of 2.93% (for comparison purposes only). A lower-cost hedged play for Enterprise Products Partners (EPD) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Enterprise Products Partners (EPD) Jan '14 $52.50 call and selling the Jan '14 $55.00 call for a total debit of $1.90. The trade has a lifespan of 311 days and would provide 4.49% downside protection and an assigned return rate of 31.58% for an annualized return rate of 37% (for comparison purposes only). Enterprise Products Partners (EPD) has a current annual dividend yield of 4.57%.