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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.24
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?

Enterprise Products Partners (EPD) Stock Forecast, Price & News

$27.39
+0.14 (+0.51%)
(As of 08:46 AM ET)
Compare
Today's Range
$27.39
$27.39
50-Day Range
$26.25
$27.40
52-Week Range
$22.90
$27.77
Volume
6,196 shs
Average Volume
4.32 million shs
Market Capitalization
$59.48 billion
P/E Ratio
11.09
Dividend Yield
7.30%
Price Target
$30.70

Enterprise Products Partners MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.1% Upside
$30.70 Price Target
Short Interest
Healthy
1.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.21mentions of Enterprise Products Partners in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$1.33 M Bought Last Quarter
Proj. Earnings Growth
5.16%
From $2.52 to $2.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Oils/Energy Sector

46th out of 243 stocks

Natural Gas Transmission Industry

2nd out of 20 stocks


EPD stock logo

About Enterprise Products Partners (NYSE:EPD) Stock

Enterprise Products Partners L.P. is a diverse and fully integrated mid-stream energy company operating in North America. It was founded in 1968 by Dan Duncan and two partners as a wholesaler of natural gas liquids. By 1972 it had completed the construction of its first pipelines, and by 1973 it was starting to make acquisitions. Over the next few years and decades, the company steadily added new operations that either expanded then-current operations or added new revenue streams for the business.

Since then, Enterprise Products Partners L.P. has grown to be 1 of the US largest midstream companies with operations that center on Houston, Texas but reach as far as the Rockies, the Upper Midwest, the Great Lakes region and New England. Enterprise is an important part of the company's name, it operates based on the enterprise model and strives to ensure each new hire is in tune with company culture.

The company operates as a Master Limited Partnership or MLP that provides a full range of midstream energy services to energy companies and consumers. Operations include natural gas and natural gas liquids storage, processing and transport, and storage and transport of crude, petrochemicals and refined products. Owners of the stock or units are known as limited partners and entitled to a share of profits which are paid as dividends. The company reported nearly $57 billion in revenue for 2022 and was expected to grow revenue at a 5% CAGR.

Enterprise Products Partners was ranked 89th on the 2022 Fortune 500 and is well known as a dividend grower. The company began paying a dividend in 1998 and has increased it yearly. Enterprise Products Partners  Investors can benefit from the dividend reinvestment plan by registering as an owner of record.

Enterprise Products Partners L.P. operates in 4 primary segments that are NGL Pipeline & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services and Petrochemical and Refined Products/Services.

The company owns and operates more than 51,000 miles of pipeline, including natural gas, NGL, crude and propylene pipes. The company has 19,400 miles of NGL pipelines, 19,600 miles of Onshore natural gas pipelines, 4,600 miles of crude oil pipelines, 2,300 miles of offshore pipelines and just under 1,000 miles of propylene pipelines.

The company’s other operations include NGL and natural gas storage in Louisiana salt domes. Salt domes are naturally occurring features that are capable of storing vast quantities of gas and natural gas liquids. As of 2022, the company could store 177 million barrels of NGL and 760 million cubic meters of natural gas.

The company also operates a deep water terminal for exporting and importing natural gas liquids, including 20 docks. The refining and processing segment operates 19 dual-purpose facilities, 9 NGL processing facilities, 2 propylene processors, 3 isomerization plants and 26 natural gas fractionalization facilities. Facilities are located in Colorado, Louisiana, Mississippi, New Mexico and Wyoming and Texas. Operations are also served by a fleet of 255 tanker trucks.

 

EPD Price History

EPD Stock News Headlines

MarketBeat Week in Review – 9/18 - 9/22 (EPD)
Stocks ended the week with losses as investors absorbed the reality of higher for longer interest rates and the end of a quarter will bring more volatility
Enterprise Products: 7.33% Yield and 26-Years of Dividend Growth
Enterprise Products Partners' 7.33% yield and reliable history of dividend increases make it worthy of consideration for investors seeking stable income.
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Will New Highs Hold For These Stocks Amid Turbulence?
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
A Pair of Unbelievably Undervalued High-Yield Stocks
EPD: Why Income Investors Should Watch This High-Yield Stock
See More Headlines
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EPD Company Calendar

Ex-Dividend for 8/14 Dividend
7/28/2023
Last Earnings
8/01/2023
Dividend Payable
8/14/2023
Today
9/25/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
2,020
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$30.70
High Stock Price Forecast
$33.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+12.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$5.49 billion
Pretax Margin
10.76%

Debt

Sales & Book Value

Annual Sales
$58.19 billion
Cash Flow
$3.64 per share
Book Value
$12.73 per share

Miscellaneous

Outstanding Shares
2,171,750,000
Free Float
1,463,761,000
Market Cap
$59.48 billion
Optionable
Optionable
Beta
1.08

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Key Executives

  • Mr. A. James Teague (Age 78)
    Co-CEO & Director of Enterprise Products Holdings LLC
    Comp: $10.97M
  • Mr. W. Randall FowlerMr. W. Randall Fowler (Age 66)
    Co-CEO, CFO & Director of Enterprise Products Holdings LLC
    Comp: $4.45M
  • Mr. Graham W. BaconMr. Graham W. Bacon (Age 59)
    Exec. VP & COO of Enterprise Products Holdings LLC
    Comp: $1.92M
  • Mr. Brent B. Secrest (Age 50)
    Exec. VP & Chief Commercial Officer of Enterprise Products Holdings LLC
    Comp: $1.78M
  • Mr. Christian M. Nelly (Age 47)
    Exec. VP of Fin. & Sustainability and Treasurer of Enterprise Products Holdings LLC
    Comp: $1.29M
  • Mr. Richard Daniel BossMr. Richard Daniel Boss (Age 48)
    EVP of Accounting, Risk Control & Information Technology of Enterprise Products Holdings LLC
  • Mr. Paul G. Flynn
    Sr. VP & Chief Information Officer-Enterprise Products Holdings LLC
  • Mr. John R. Burkhalter
    VP of Investor Relations
  • Mr. Harry Paul Weitzel (Age 59)
    Exec. VP, Gen. Counsel & Sec. and Director of Enterprise Products Holdings LLC
  • Ms. Karen D. Taylor
    Sr. VP of HR - Enterprise Products Holdings LLC













EPD Stock - Frequently Asked Questions

Should I buy or sell Enterprise Products Partners stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enterprise Products Partners in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EPD shares.
View EPD analyst ratings
or view top-rated stocks.

What is Enterprise Products Partners' stock price forecast for 2023?

9 analysts have issued 12 month target prices for Enterprise Products Partners' stock. Their EPD share price forecasts range from $27.00 to $33.00. On average, they expect the company's share price to reach $30.70 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price.
View analysts price targets for EPD
or view top-rated stocks among Wall Street analysts.

How have EPD shares performed in 2023?

Enterprise Products Partners' stock was trading at $24.12 at the beginning of the year. Since then, EPD shares have increased by 13.6% and is now trading at $27.39.
View the best growth stocks for 2023 here
.

Are investors shorting Enterprise Products Partners?

Enterprise Products Partners saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 15,320,000 shares, a drop of 7.5% from the August 15th total of 16,560,000 shares. Based on an average daily volume of 3,960,000 shares, the short-interest ratio is presently 3.9 days. Currently, 1.1% of the shares of the company are sold short.
View Enterprise Products Partners' Short Interest
.

When is Enterprise Products Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our EPD earnings forecast
.

How were Enterprise Products Partners' earnings last quarter?

Enterprise Products Partners L.P. (NYSE:EPD) posted its earnings results on Tuesday, August, 1st. The oil and gas producer reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.59 by $0.02. The oil and gas producer had revenue of $10.65 billion for the quarter, compared to the consensus estimate of $12.34 billion. Enterprise Products Partners had a trailing twelve-month return on equity of 19.71% and a net margin of 10.39%. Enterprise Products Partners's revenue for the quarter was down 33.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS.

How often does Enterprise Products Partners pay dividends? What is the dividend yield for Enterprise Products Partners?

Enterprise Products Partners announced a quarterly dividend on Monday, July 10th. Stockholders of record on Monday, July 31st will be paid a dividend of $0.50 per share on Monday, August 14th. This represents a $2.00 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Friday, July 28th. This is a positive change from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for EPD
.

Is Enterprise Products Partners a good dividend stock?

Enterprise Products Partners (NYSE:EPD) pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.30%. EPD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 80.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EPD will have a dividend payout ratio of 75.47% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EPD.

When did Enterprise Products Partners' stock split?

Enterprise Products Partners shares split before market open on Friday, August 22nd 2014. The 2-1 split was announced on Tuesday, July 15th 2014. The newly issued shares were issued to shareholders after the market closes on Thursday, August 21st 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Jim Teague's approval rating as Enterprise Products Partners' CEO?

83 employees have rated Enterprise Products Partners Chief Executive Officer Jim Teague on Glassdoor.com. Jim Teague has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Enterprise Products Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enterprise Products Partners investors own include AT&T (T), Energy Transfer (ET), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Pfizer (PFE), Bank of America (BAC), Exxon Mobil (XOM) and Altria Group (MO).

What is Enterprise Products Partners' stock symbol?

Enterprise Products Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "EPD."

Who are Enterprise Products Partners' major shareholders?

Enterprise Products Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.95%), Clearbridge Investments LLC (0.60%), Kayne Anderson Capital Advisors LP (0.51%), Mirae Asset Global Investments Co. Ltd. (0.38%), Principal Financial Group Inc. (0.32%) and Westwood Holdings Group Inc. (0.27%). Insiders that own company stock include Aj Teague, Carin Marcy Barth, John R Rutherford, Randa Duncan Williams and William C Montgomery.
View institutional ownership trends
.

How do I buy shares of Enterprise Products Partners?

Shares of EPD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Enterprise Products Partners' stock price today?

One share of EPD stock can currently be purchased for approximately $27.39.

How much money does Enterprise Products Partners make?

Enterprise Products Partners (NYSE:EPD) has a market capitalization of $59.48 billion and generates $58.19 billion in revenue each year. The oil and gas producer earns $5.49 billion in net income (profit) each year or $2.47 on an earnings per share basis.

How many employees does Enterprise Products Partners have?

The company employs 2,020 workers across the globe.

Does Enterprise Products Partners have any subsidiaries?
The following companies are subsidiares of Enterprise Products Partners: 38 Niente LLC, Acadian Gas, Acadian Gas LLC, Acadian Gas Pipeline System, Adamana Land Company LLC, Arizona Gas Storage L.L.C., BTA ETG Gathering LLC, BTA Gas Processing LLC, Baton Rouge Fractionators LLC, Baton Rouge Pipeline LLC, Baton Rouge Propylene Concentrator LLC, Baymark Pipeline LLC, Belle Rose NGL Pipeline L.L.C., Belvieu Environmental Fuels GP LLC, Belvieu Environmental Fuels LLC, Breviloba LLC, CTCO of Texas LLC, Cajun Pipeline Company LLC, Calcasieu Gas Gathering System, Canadian Enterprise Gas Products Ltd., Centennial Pipeline LLC., Chama Gas Services LLC, Channelview Fleeting Services L.L.C., Chaparral Pipeline Company LLC, Chunchula Pipeline Company LLC, Cypress Gas Marketing LLC, DEP Holdings LLC, DEP Offshore Port System LLC, Dean Pipeline Company LLC, Delaware Basin Gas Processing LLC, Dixie Pipeline Company LLC, Dixie Pipeline Company LLC., Duncan Energy Partners L.P, Duncan Energy Partners L.P., EF Terminals Corpus Christi LLC, EFS Midstream LLC, EFS Midstream LLC., Eagle Ford Pipeline LLC, Eagle Ford Terminals Corpus Christi LLC, Electra Shipyard Services LLC, Electric E Power Marketing LLC, Energy Ventures LLC, Enterprise Acquisition Holdings LLC, Enterprise Appelt LLC, Enterprise Arizona Gas LLC, Enterprise Blue Ivy LLC, Enterprise Crude GP LLC, Enterprise Crude Oil LLC, Enterprise Crude Pipeline LLC, Enterprise Crude Terminals and Storage LLC, Enterprise Custom Marketing LLC, Enterprise EF78 LLC, Enterprise Ethylene Storage LLC, Enterprise Field Services (Offshore) LLC, Enterprise Field Services LLC, Enterprise Fractionation LLC, Enterprise GC LLC, Enterprise GP LLC, Enterprise GTM Holdings L.P., Enterprise GTMGP LLC, Enterprise Gas Liquids LLC, Enterprise Gas Processing LLC, Enterprise Gathering II LLC, Enterprise Gathering LLC, Enterprise Houston Ship Channel GP LLC, Enterprise Houston Ship Channel L.P., Enterprise Hydrocarbons L.P., Enterprise Interstate Crude LLC, Enterprise Intrastate LLC, Enterprise Jonah Gas Gathering Company LLC, Enterprise Logistic Services LLC, Enterprise Lou-Tex NGL Pipeline L.P., Enterprise Lou-Tex Propylene Pipeline LLC, Enterprise Louisiana Pipeline LLC, Enterprise Marine Services LLC, Enterprise Midstream Companies LLC, Enterprise Mont Belvieu Program Company, Enterprise NGL Pipelines II LLC, Enterprise NGL Pipelines LLC, Enterprise NGL Private Lines & Storage LLC, Enterprise Natural Gas Pipeline LLC, Enterprise Navigator Ethylene Terminal LLC, Enterprise Navitas Holdings LLC, Enterprise New Mexico Ventures LLC, Enterprise Offshore Port System LLC, Enterprise Pathfinder LLC, Enterprise Pelican Pipeline L.P., Enterprise Petrochemical Marketing LLC, Enterprise Plevna Marketing LLC, Enterprise Products BBCT LLC, Enterprise Products Marketing Company LLC, Enterprise Products OLPGP Inc., Enterprise Products Operating LLC, Enterprise Products Pipeline Company LLC, Enterprise Products Texas Operating LLC, Enterprise Propane Terminals and Storage LLC, Enterprise Refined Products Company LLC, Enterprise Refined Products Marketing Company LLC, Enterprise Sage Marketing LLC, Enterprise Seaway L.P., Enterprise TE Investments LLC, Enterprise TE Partners L.P., Enterprise TE Products Pipeline Company LLC, Enterprise Terminaling Services GP LLC, Enterprise Terminaling Services L.P., Enterprise Terminalling LLC, Enterprise Terminals & Storage LLC, Enterprise Texas Pipeline LLC, Enterprise White River Hub LLC, Evangeline Gas Corp., Evangeline Gulf Coast Gas LLC, Front Range Pipeline LLC, Groves RGP Pipeline LLC, HSC Pipeline Partnership LLC, JMRS Transport Services Inc., K/D/S Promix L.L.C., La Porte Pipeline Company L.P., La Porte Pipeline GP L.L.C., Leveret Pipeline Company LLC, M2E3 LLC, M2E4 LLC, MCN Acadian Gas Pipeline LLC, MCN Pelican Interstate Gas LLC, Mapletree LLC, Mid-America Pipeline Company LLC, Mont Belvieu Caverns LLC, Navitas Midstream Partners LLC, Neches Pipeline System, Norco-Taft Pipeline LLC, OTA Holdings Inc., Oiltanking Partners, Old Ocean Pipeline LLC, Olefins Terminal LLC, Panola Pipeline Company LLC., Pascagoula Gas Processing LLC, Pontchartrain Natural Gas System, Port Neches GP LLC, Port Neches Pipeline LLC, QP-LS LLC, Quanah Pipeline Company LLC, Rio Grande Pipeline Company LLC, Rio Grande Pipeline Company LLC., SPOT Terminal Operating LLC, SPOT Terminal Services LLC, Sabine Propylene Pipeline LLC, Seaway Crude Holdings LLC, Seaway Crude Pipeline Company LLC, Seaway Intrastate LLC, Seaway Marine LLC, Seminole Pipeline Company LLC, Seminole Pipeline Company LLC., Skelly-Belvieu Pipeline Company L.L.C., Sorrento Pipeline Company LLC, South Texas NGL Pipelines LLC, Steor LLC, TCTM L.P., TECO Gas Gathering LLC, TECO Gas Processing LLC, TEPPCO O/S Port System LLC, TEPPCO Partners, TXO-Acadian Gas Pipeline LLC, Tarpon Land Holdings LLC, Tejas-Magnolia Energy LLC, Texas Express Gathering LLC, Texas Express Pipeline LLC, Transport 4 L.L.C., Tri-States NGL Pipeline L.L.C., Venice Energy Services Company L.L.C, White River Hub LLC, Whitethorn Pipeline Company LLC, Wilcox Pipeline Company LLC, and Wilprise Pipeline Company L.L.C..
Read More
How can I contact Enterprise Products Partners?

Enterprise Products Partners' mailing address is 1100 LOUISIANA 10TH FLOOR, HOUSTON TX, 77002. The official website for the company is www.enterpriseproducts.com. The oil and gas producer can be reached via phone at (713) 381-6500, via email at investor.relations@eprod.com, or via fax at 713-381-8200.

This page (NYSE:EPD) was last updated on 9/25/2023 by MarketBeat.com Staff

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