Enterprise Products Partners L.P. (EPD)
Market Cap | 72.79B |
Revenue (ttm) | 56.64B |
Net Income (ttm) | 5.79B |
Shares Out | 2.17B |
EPS (ttm) | 2.67 |
PE Ratio | 12.59 |
Forward PE | 11.87 |
Dividend | $2.10 (6.25%) |
Ex-Dividend Date | Oct 31, 2024 |
Volume | 1,549,028 |
Open | 33.84 |
Previous Close | 33.81 |
Day's Range | 33.32 - 33.90 |
52-Week Range | 25.96 - 34.63 |
Beta | 1.05 |
Analysts | Strong Buy |
Price Target | 34.00 (+1.25%) |
Earnings Date | Oct 29, 2024 |
About EPD
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi... [Read more]
Financial Performance
In 2023, EPD's revenue was $49.72 billion, a decrease of -14.56% compared to the previous year's $58.19 billion. Earnings were $5.48 billion, an increase of 0.70%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for EPD stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 1.25% from the latest price.
News
Enterprise Products Partners: No Distribution Cut Likely Here
Enterprise Products Partners L.P. is unlikely to cut its distribution, given its strong debt rating and history of raising distributions. The company's debt level is not a concern, with the highest de...
6 High-Yield Dividend Aristocrats To Buy With The Market At Record Highs
The market is back to record highs, and many investors are worried about putting new money to work. Combining maximum yield with maximum total return optimizes current yield and future retirement inco...
5 Blue Chips Yielding Over 7% I'm Considering Buying, And So Should You
I'm seeking 6%-plus yielding blue-chip bargains for my family's portfolio, with a focus on long-term income growth and minimal volatility. My ZEUS Family portfolio strategy involves annual rebalancing...
My Favorite Dividend Stocks For The 'New World Order'
I explore the evolving “New World Order,” focusing on geopolitical changes and the U.S.'s strategic responses. This impacts global markets profoundly. Trump's pick for Treasury Secretary, Scott Bessen...
Enterprise Products Partners: Still A Buyable Dividend Aristocrat
Enterprise Products Partners has hiked its distribution for almost my entire life. The midstream juggernaut has what it takes to keep growing in the years to come. Enterprise Products Partners is a fi...
An Important Warning For Dividend Investors After Donald Trump's Victory
Donald Trump's victory has had a pronounced impact on market behavior, anticipating meaningful policy changes once he takes office. We analyze the likely impact of his policy proposals on dividend sto...
Bad News For REITs, Good News For High Income Investors
Many of us expected REITs to explode higher when the Fed would start to decrease interest rates. Rising long-term yields have quite quickly destroyed these expectations. In this article, I describe tw...
5 Best CEFs This Month For 8.5% Yield (November 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...
The Higher They Soar, The More I Buy
My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...
If I Had To Recommend 2 Big Dividend Stocks For My Closest, It Would Be These
Recommending specific securities for relatives, closest friends, or even (in my case) Seeking Alpha followers could be tricky. Yet, if the expectations are anchored to capturing high and stable curren...
Keep Reinvesting Enterprise Products Partners' Dividends
Enterprise Products Partners L.P. boasts a nearly 7% dividend yield, low debt, and strong liquidity, ensuring reliable shareholder returns and continued growth. The company is heavily investing in gro...
7% Yields: If I Could Only Buy 2 For The Next Year
The end of the U.S. election season is beginning to bring clarity to the U.S. and global economic outlook for the next year. I discuss seven major trends that should drive much of the high-yield marke...
Post-Election Picks: My Fantastic 5 Blue-Chip Bargains For 2025
Each month, in the DK Top Buy list, I present my top 5 buy ideas and what I would buy if I were starting from scratch. I swapped two overvalued Ultra SWANs for two new Ultra bargains targeting 3% yiel...
10-12% Yields: The More They Drop, The More I Buy
The market has been soaring lately due to Fed rate cuts, lowered recession fears, and a Republican sweep of the November elections. However, there are still some very compelling high-yield opportuniti...
2 Fat Yields, Up To 7%, For Financial Freedom
Dividend-paying investments bring balance and resilience. Market conditions fluctuate, but dividends provide a steady cash flow that lets you seize new opportunities as they arise. Enjoy consistent di...
Capitalize On The Dip: Two Durable 9% Yields To Load Up Your Income Portfolio
High-yield stocks can fall due to non-dividend sustainability reasons, presenting opportunities for income investors to lock in attractive yields. In this article, I have identified two picks, which n...
Enterprise to Participate in BofA Securities 2024 Global Energy Conference
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will participate in the BofA Securities 2024 Global Energy Conference on Tuesday, November 12, 2024, in ...
Top Wall Street analysts like these dividend-paying stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including IBM and Ares Capital.
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...
2 Midstream Picks That Should Be At The Core Of Retirement Portfolios
Finding defensive assets that produce tangible yields, while offering meaningful income growth, is difficult. Usually, it is possible to secure income growth and defensiveness, but having the third co...
14% Dividend Yields: 1 To Buy And 1 To Sell
High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I disc...
Structuring Portfolio To Achieve Durable 7% Yield With 7% Income Growth
One of the main drawbacks of high durable income investing is the opportunity cost that comes from reduced income growth potential. However, as I have shown in this article, by being very selective, i...
Very Good News For Enterprise Products Partners
Enterprise Products Partners is a proven income machine in uncertain times. In addition to its well-known strengths, an additional powerful catalyst has recently emerged. I think the market is signifi...
Enterprise Products Partners Q3: Nothing Has Changed, Still My Favorite MLP
Enterprise Products Partners L.P. has delivered yet another quarter of material cash flow growth, while maintaining a robust balance sheet. From Q3 2024 earnings data points and messages, it is clear ...