Enterprise Products Partners L.P. (EPD)

NYSE: EPD · IEX Real-Time Price · USD
28.84
+0.40 (1.41%)
At close: Apr 19, 2024, 4:00 PM
28.99
+0.15 (0.52%)
After-hours: Apr 19, 2024, 7:59 PM EDT
1.41%
Market Cap 62.53B
Revenue (ttm) 49.72B
Net Income (ttm) 5.53B
Shares Out 2.17B
EPS (ttm) 2.52
PE Ratio 11.44
Forward PE 10.51
Dividend $2.06 (7.14%)
Ex-Dividend Date Apr 29, 2024
Volume 3,666,028
Open 28.50
Previous Close 28.44
Day's Range 28.48 - 29.01
52-Week Range 25.19 - 29.99
Beta 0.99
Analysts Strong Buy
Price Target 32.73 (+13.49%)
Earnings Date Apr 30, 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 $5.53 billion, an increase of 0.77%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for EPD stock is "Strong Buy." The 12-month stock price forecast is $32.73, which is an increase of 13.49% from the latest price.

Price Target
$32.73
(13.49% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Enterprise Receives Deepwater Port License for Spot Project

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the U...

10 days ago - Business Wire

Is Enterprise Products Partners (EPD) a buy as it lags its peers?

Enterprise Products Partners (NYSE: EPD) stock price has continued to underperform its peers this year. It has risen by 11.84%, outperforming the S&P 500 and Nasdaq 100 indices.

10 days ago - Invezz

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...

14 days ago - Business Wire

Enterprise to Build New Natural Gas Processing Plant in the Delaware Basin; Announces Start of Service on Mentone 3 and Leonidas

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with constru...

16 days ago - Business Wire

Enterprise to Host Investor and Analyst Call

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host an investor and securities analyst call on Wednesday, April 3, 2024 at 9:00 a.m. CDT. The even...

18 days ago - Business Wire

Enterprise 2023 Schedule K-1 Tax Packages Now Available

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today that its 2023 tax packages, including schedule K-1s, are now available online. Information reported on these tax...

5 weeks ago - Business Wire

Enterprise Begins Initial Service on TW Products System

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in servic...

6 weeks ago - Business Wire

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: Morgan Stanley Energy & Power Confe...

6 weeks ago - Business Wire

Enterprise Products Partners L.P. 2023 Letter to Investors Now Available

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has published the partnership's 2023 Letter to Investors. The letter is available on the Enterprise webs...

7 weeks ago - Business Wire

Enterprise Products Partners L.P. 2023 Form 10-K Now Available

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has filed the partnership's Annual Report on Form 10-K for the year ended December 31, 2023 with the Sec...

7 weeks ago - Business Wire

Enterprise to Acquire Interest in Panola NGL Pipeline From Western Midstream

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that its affiliate has entered into a definitive agreement to acquire member interests in Panola Pipeline Compan...

2 months ago - Business Wire

Enterprise Acquires Joint Venture Interests From Western Midstream

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that certain of its affiliates have acquired interests in Whitethorn Pipeline Company LLC (“Whitethorn”) and Ent...

2 months ago - Business Wire

Enterprise Provides Update on 2023 K-1 Availability

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today provided an update on the expected availability of the partnership's 2023 Investor Tax Packages including Schedule K-1 for...

2 months ago - Business Wire

Top Wall Street analysts pick these 3 dividend stocks for the long haul

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Verizon and Enterprise Products Partners.

Other symbols: MPLXVZ
2 months ago - CNBC

Enterprise Reports Results for Fourth Quarter 2023

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2023. Fourth Quarter and Y...

2 months ago - Business Wire

Enterprise Prices $2.0 Billion Aggregate Principal Amount of Senior Notes

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offe...

3 months ago - Business Wire

Enterprise and ONEOK Extend Terminal Transfer Fee Waiver for ICE Midland WTI (HOU) Crude Deliveries to the End of 2025

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: ICEOKE
4 months ago - Business Wire

Enterprise to Participate in BofA Securities Global Energy Conference

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today it will participate in investor meetings at the BofA Securities Global Energy Conference on Wednesday, November ...

5 months ago - Business Wire

Enterprise Publishes 2023 Sustainability Report Update

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that the company's 2023 Sustainability Report Update is now available and can be accessed on the company's websi...

5 months ago - Business Wire

Enterprise Products doubles down on gas liquids with pipelines, processing plants

Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and convert...

6 months ago - Reuters

Enterprise Reports Results for Third Quarter 2023

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three and nine months ended September 30, 2023. Enterprise reported...

6 months ago - Business Wire

Enterprise Announces Permian Growth Projects; Seminole Pipeline to Be Taken out of Crude Oil Service

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced four new capital projects to support continuing production growth in the Permian Basin. The partn...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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
8 months 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
8 months ago - Invezz