Enterprise Products Partners L.P. (EPD)
Market Cap | 62.21B |
Revenue (ttm) | 49.72B |
Net Income (ttm) | 5.53B |
Shares Out | 2.17B |
EPS (ttm) | 2.52 |
PE Ratio | 11.42 |
Forward PE | 10.57 |
Dividend | $2.06 (7.16%) |
Ex-Dividend Date | Jan 30, 2024 |
Volume | 3,719,055 |
Open | 28.70 |
Previous Close | 28.64 |
Day's Range | 28.62 - 28.89 |
52-Week Range | 24.78 - 29.05 |
Beta | 0.98 |
Analysts | Strong Buy |
Price Target | 32.55 (+13.14%) |
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]
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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for EPD stock is "Strong Buy." The 12-month stock price forecast is $32.55, which is an increase of 13.14% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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...
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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...
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...
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...
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. ...
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 ...
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...
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...
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...
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...
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...
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. ...
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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...
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.
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...
Enterprise Reports Results for Second Quarter 2023
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners Reports Second Quarter 2023 Earnings.