Enterprise Products Partners L.P. (EPD)
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]
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 StatementsAnalyst 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.
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...

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...

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. ...

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...

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 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 ...

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.

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...

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...

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, ...

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...

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...

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. ...

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...

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.

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...

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...

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...

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

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...

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...

5 Energy Stocks Leon Cooperman's Firm Drilled Into
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5 Energy Stocks Leon Cooperman's Firm Drilled Positions In
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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.