Enterprise Products Partners L.P. (EPD)

NYSE: EPD · IEX Real-Time Price · USD
27.37
-0.05 (-0.18%)
At close: Sep 29, 2023, 4:00 PM
27.42
+0.05 (0.18%)
After-hours: Sep 29, 2023, 7:44 PM EDT
-0.18%
Market Cap 59.44B
Revenue (ttm) 52.21B
Net Income (ttm) 5.42B
Shares Out 2.17B
EPS (ttm) 2.47
PE Ratio 11.08
Forward PE 10.36
Dividend $2.00 (7.31%)
Ex-Dividend Date Jul 28, 2023
Volume 6,239,755
Open 27.49
Previous Close 27.42
Day's Range 27.29 - 27.53
52-Week Range 23.14 - 27.77
Beta 1.04
Analysts Buy
Price Target 31.43 (+14.83%)
Earnings Date Oct 31, 2023

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. The company operates through 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, Louisian... [Read more]

Sector Energy
IPO Date Jul 28, 1998
Employees 7,300
Stock Exchange NYSE
Ticker Symbol EPD
Full Company Profile

Financial Performance

In 2022, EPD's revenue was $58.19 billion, an increase of 42.59% compared to the previous year's $40.81 billion. Earnings were $5.49 billion, an increase of 18.41%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for EPD stock is "Buy." The 12-month stock price forecast is $31.43, which is an increase of 14.83% from the latest price.

Price Target
$31.43
(14.83% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Enterprise to Participate in Wolfe Research Utilities, Midstream & Clean Energy Conference

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today it will host virtual investor meetings at the Wolfe Research Utilities, Midstream & Clean Energy Conference on F...

2 days ago - Business Wire

Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth

The stock has been outperforming the broader oil and gas transport and pipeline industry in recent months, although other standouts include fellow large caps Magellan Midstream Partners L.P. NYSE: MMP...

9 days ago - MarketBeat

Enterprise and Magellan's Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Extended Through 2024 as HOU Trades at Record Levels During August

HOUSTON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that Enterprise Products Partners L.P. ...

Other symbols: ICE
25 days ago - Business Wire

4 blue chip dividend stocks with 7%+ yields to buy

Investing in good quality dividend stocks is always a good thing, especially among retirees and income-focused investors. These days, however, there are concerns about the need for these assets as hig...

Other symbols: ETMOT
4 weeks ago - Invezz

A Pair of Unbelievably Undervalued High-Yield Stocks

High dividend yields can sometimes be a warning about the underlying business or sector. This could impact the ability of the company to continue to distribute its dividends to shareholders.

Other symbols: NNN
4 weeks ago - GuruFocus

Enterprise to Participate in Investor Conferences

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today it will participate in meetings with investors at the following conferences: Citi One-on-One Midstream / Energy ...

6 weeks ago - Business Wire

Enterprise reports lower Q2 earnings as margins tighten

U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the second quarter due to a major year-on-year drop in the price of natural gas liquids, which affected mar...

2 months ago - Reuters

Enterprise Reports Results for Second Quarter 2023

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners Reports Second Quarter 2023 Earnings.

2 months ago - Business Wire

Enterprise Begins Service for its Texas NGL Fractionator

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of service at its 12th natural gas liquids (“NGL”) fractionator in Chambers County, Tex...

2 months ago - Business Wire

Enterprise Begins Service at PDH 2 Plant

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of service at its second propane dehydrogenation (“PDH”) plant (“PDH 2”) in Chambers Co...

2 months ago - Business Wire

Enterprise Begins Service at Its Sixth Midland Basin Natural Gas Processing Plant

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of service at its Poseidon cryogenic natural gas processing plant in Glasscock County, ...

2 months ago - Business Wire

Enterprise 2022 Schedule K-3 Now Available

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that its 2022 Schedule K-3, reflecting items of international tax relevance, are available online. Unitholders m...

2 months ago - Business Wire

Enterprise Products Partners stock: Buy this 7.5% yielding machine

Enterprise Products Partners (NYSE: EPD) stock price has done well this year and is hovering near its all-time high. The shares were trading at $26.50 on Tuesday, a few points below its record high of...

2 months ago - Invezz

Enterprise Products Partners: A High Dividend With Upside Potential

Enterprise Products Partners LP ( EPD , Financial) is a master limited partnership that operates in the energy sector, engaging in the transportation and processing of natural gas and petrochemicals. ...

2 months ago - GuruFocus

Enterprise Declares Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be p...

2 months ago - Business Wire

Raymond James Analyst on MLPs and the Outlook for Natural Gas

With solid first-quarter earnings in the rearview and lots of upside opportunity, it's an exciting time for MLPs and the midstream space. VettaFi recently sat down with Raymond James analyst J.R.

Other symbols: ETLNGPAGPTRGP
3 months ago - ETF Trends

Enterprise Completes Expansion of Acadian Haynesville Extension

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the completion of an expansion of its Acadian Haynesville Extension natural gas pipeline, the fir...

4 months ago - Business Wire

Enterprise to Participate in 20th Annual Energy Infrastructure CEO & Investor Conference

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will participate in the 20th Annual Energy Infrastructure CEO & Investor Conference hosted by the Energy...

4 months ago - Business Wire

Enterprise Products Partners stock outlook after earnings

Enterprise Products Partners (NYSE: EPD) stock price moved sideways on in the pre-market as investors reacted to the latest earnings. The shares were trading at $26.30, which was a few points below th...

5 months ago - Invezz

Enterprise Reports First Quarter 2023 Earnings

HOUSTON--(BUSINESS WIRE)--First Quarter 2023 Earnings.

5 months ago - Business Wire

Energy Transfer vs Enterprise Partners: which is the better MLP stock?

MLPs are some of the most important companies in the mid-stream energy sector because of the transportation and storage services they offer. Enterprise Products Partners (NYSE: EPD) and Energy Transfe...

Other symbols: ET
6 months ago - Invezz

Enterprise to Participate in J.P. Morgan Midwest Utilities & Midstream 1x1 Forum

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor one-on-one meetings at the J.P. Morgan Midwest Utilities & Midstream 1x1 Forum on Thu...

6 months ago - Business Wire

5 Energy Stocks Leon Cooperman's Firm Drilled Into

According to current portfolio statistics, a Premium feature of GuruFocus, energy stocks in Leon Cooperman (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio included Devon Energy Corp. ( ...

Other symbols: CTRADVNETPXD
6 months ago - GuruFocus

5 Energy Stocks Leon Cooperman's Firm Drilled Positions In

According to current portfolio statistics, a Premium feature of GuruFocus, energy stocks in Leon Cooperman (Trades, Portfolio)'s fourth-quarter 2022 13F equity portfolio included Devon Energy Corp. ( ...

Other symbols: CTRADVNETPXD
6 months ago - GuruFocus

5 Undervalued Large-Cap Stocks To Buy In 2023 With Dividend Yields Over 5% - Citigroup (NYSE:C)

A high dividend yield appeals to every stock investor, particularly if the company in question trades at a discounted price with respect to its earnings potential.

Other symbols: CEOGPXDVZ
6 months ago - Benzinga