Enterprise Products Partners L.P. (EPD)

NYSE: EPD · Real-Time Price · USD
28.95
-0.05 (-0.17%)
At close: Oct 22, 2024, 4:00 PM
28.96
+0.01 (0.03%)
Pre-market: Oct 23, 2024, 7:00 AM EDT
-0.17%
Market Cap 62.83B
Revenue (ttm) 54.86B
Net Income (ttm) 5.69B
Shares Out 2.17B
EPS (ttm) 2.62
PE Ratio 11.04
Forward PE 10.52
Dividend $2.10 (7.25%)
Ex-Dividend Date Oct 31, 2024
Volume 3,479,191
Open 29.01
Previous Close 29.00
Day's Range 28.85 - 29.10
52-Week Range 25.61 - 30.05
Beta 1.01
Analysts Strong Buy
Price Target 33.73 (+16.51%)
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]

Sector Energy
IPO Date Jul 28, 1998
Employees 7,500
Stock Exchange NYSE
Ticker Symbol EPD
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for EPD stock is "Strong Buy." The 12-month stock price forecast is $33.73, which is an increase of 16.51% from the latest price.

Price Target
$33.73
(16.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

8%-Yielding Cash Cows To Make Money While You Sleep

Dividend-paying stocks like Energy Transfer and Ladder Capital offer high yields and diversification, making them attractive for income-focused investors. ET's robust growth is driven by strategic acq...

Other symbols: BXMTETLADRMPLXSTWD
22 hours ago - Seeking Alpha

Noom Unveils Two New Enterprise Products to Help Employers Offer, Manage, and Effectively Control GLP-1 Expenses

Noom Med with Smart Rx , in partnership with Waltz Health, drives significant ROI for employers who wish to cover GLP-1s as a supplemental benefit such that the payer can choose the level of financial...

1 day ago - GlobeNewsWire

Big Dividends For Beating Stagflation In Retirement

Stagflation poses a huge threat to retirees seeking to live off of dividends. We discuss why this is the case and what type of stock is ideal for this scenario. We share four of our top picks to retir...

Other symbols: BAMBEPBEPCBIPBIPCBNENB
1 day ago - Seeking Alpha

The Ultimate Portfolio Structure For Stress-Free High Current Income

A durable income-focused portfolio strategy reduces income reduction risk and stress by prioritizing stable income over market-beating returns. In this respect, I have outlined my detailed approach fo...

Other symbols: BXSLENBFSKGMREJPCOPDO
3 days ago - Seeking Alpha

Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks

Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising divi...

5 days ago - Seeking Alpha

The 12 Best High-Yield Dividend Aristocrats For This Election Season

Despite political uncertainties, sticking to a long-term strategy with dividend aristocrats ensures stability and growth as they adapt to any political or economic environment. These 12 dividend arist...

Other symbols: BTICATCLXCNICSLCVXEMR
11 days ago - Seeking Alpha

Hard To Imagine Retirement Portfolio Without These 2 Blue Chips, Part 2

It would be fair to assume that usually when it comes to retirement investing, attractive yield and defense are two aspects that dominate investment decisions. If these two aspects have to be in place...

Other symbols: ADCBXSLEPRTMAIN
14 days ago - Seeking Alpha

If I Could Only Buy 3 Dividend Aristocrats For The Next Year

My investing strategy focuses on buying dividend stocks with strong growth prospects, durable business models, and solid balance sheets, holding them indefinitely if the thesis remains intact. However...

Other symbols: OXOM
14 days ago - Seeking Alpha

Invest $100,000 For Durable Income Without Losing Sleep At Night

Achieving the first $100,000 is crucial for portfolio diversification and accessing material reinvestment opportunities. If the objective is to build a massive snowball from durable income investments...

Other symbols: ADCBXSLCSWCENBMAINOPAA
17 days ago - Seeking Alpha

Enterprise Products Partners: Powering Profits With Midstream Mastery

Enterprise Products Partners' strong asset base, resilient fee-based cash flows, and industry-leading balance sheet make it a compelling investment in the energy midstream space. It's demonstrating st...

17 days ago - Seeking Alpha

8 Dividend Aristocrats For Monthly 6% Yield

Invest $100K in eight high-yield Dividend Aristocrats to generate $533 monthly income, with a 6.4% yield and 5%-6% dividend growth. These stocks offer 27% return potential over the next year and 86% o...

Other symbols: BTIENBMOOTROWTRP
18 days ago - Seeking Alpha

Midstream Energy - Relative Quality

Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...

Other symbols: AMCAPLCQPDKLDTMENBENLC
18 days ago - Seeking Alpha

1 REIT And 1 MLP That Should Be At The Core Of Retirement Income Portfolio - Part 2

In real estate and midstream infrastructure segments, investors have some decent opportunities to find durable income plays. Even though these segments provide attractive tailwinds for income investin...

Other symbols: MPLX
20 days ago - Seeking Alpha

ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC

On September 30, 2024, ALPS Advisors Inc., a prominent asset management firm, made a significant addition to its investment portfolio by acquiring 2,773,743 shares of EnLink Midstream LLC (ENLC, Finan...

Other symbols: ENLCETMPLXPAAWES
20 days ago - GuruFocus

My Top 10 High-Yield Dividend Stocks For October 2024

SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 1...

20 days ago - Seeking Alpha

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...

21 days ago - Business Wire

The More It Underperforms, The More I Buy

There is a leading blue-chip that has been a serial underperformer over the past half decade. However, it has a very strong balance sheet, a sky-high yield that is well covered, and it continues to gr...

21 days ago - Seeking Alpha

An Important Warning Before Buying Dividend Stocks

Dividend stocks have been soaring in recent months. However, there is reason to believe that the party may not last much longer. We share our concerns and how we are positioning our portfolio as a res...

22 days ago - Seeking Alpha

Make Money While You Sleep, 2 Dividends For A Retirement Dream

There are only so many hours you can work to earn those paychecks. Money is the only element that no time or energy limits on its earning potential. Build your passive income today, we discuss two tim...

Other symbols: UTG
25 days ago - Seeking Alpha

If I Were To Retire, I'd Buy These 3 Dividend Stocks Without Hesitation

Dividend investing should focus on safe, steady income rather than chasing high yields. Companies with massive payouts may face underlying financial struggles. Investors need dividends that preserve p...

Other symbols: OSYY
26 days ago - Seeking Alpha

A Rare High-Yield Buying Opportunity

The high-yield sector has soared recently. However, one sector has lagged behind significantly despite having very strong underlying fundamentals. This creates a rare high-yield buying opportunity.

27 days ago - Seeking Alpha

Very Overrated And Very Underrated High Yields

High-yield investing is simpler and less speculative than many other approaches to investing. My approach centers on a simple method of determining if a stock is overrated or underrated and investing ...

Other symbols: EPRTOOKEWPC
4 weeks ago - Seeking Alpha

Hard To Imagine Retirement Portfolio Without These 2 Blue Chips

Most retirement portfolios are structured to provide predictable and attractive current income. To fulfill these two criteria, the businesses have to carry robust capital structures, be exposed to hig...

Other symbols: BXSL
4 weeks ago - Seeking Alpha

Enterprise Products Partners: Riding The Bullish Wave Through Oil Price Volatility

Enterprise Products Partners: Riding The Bullish Wave Through Oil Price Volatility

4 weeks ago - Seeking Alpha

8%-Yielding Portfolio For Retirement Passive Income

Investing in high-yield dividend stocks can provide a stable passive income in retirement, reducing sequence-of-return risk compared to index funds. We share a model portfolio for how you can do this....

4 weeks ago - Seeking Alpha