EPD Enterprise Products Partners LP Stock quote

Style is calculated by combining value and growth scores, which are first individually calculated. I have over 15 years of investment experience, and generally focus on stocks that are more defensive in nature, with a medium to long-term horizon. My goal is to share useful and insightful knowledge and analysis with readers. That’s why in addition to traditional midstream services, we’re also focused on investments in lower carbon projects, like carbon capture and sequestration, and providing blue ammonia into export markets.

We at Enterprise have been emphatic that it’s going to take all of the above in order to meet the world’s growing energy needs. Enterprise Products Partners (issues Schedule K-1) holds valuable energy midstream and processing infrastructure across the U.S. It holds a dominant position in the NGL market and is one of the few companies to be able to capture value across the full hydrocarbon value chain. This position was further boosted by its recent acquisition of Navitas Midstream, giving EPD a strong presence in the Permian Basin. Dividend investing and growing one’s income stream is a good thing to be passionate about. To put it more bluntly, it’s better to collect stocks and bonds than to collect baseball cards and other things that don’t pay you anything in return.

Top institutional investors 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. Use these ten stocks to generate a safe and reliable source of investment income. Gen Alpha has teamed up with Hoya Capital to launch the premier income-focused investing service on Seeking Alpha. Europe recently declared both, natural gas and nuclear energy as clean energy, resources that will be needed for years to come and Asia continues to make no bones about their long-term appetite for U.S. energy.

Enterprise Products Partners: Big Yield With Upside Potential

These master limited partnerships have excellent track records of paying dividends. We’d like to share more about how we work and what drives our day-to-day business. Compare
EPD’s historical performance
against its industry peers and the overall market. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of EPD’s
competitive advantage. Turning to the distribution, coverage was even higher during Q3, with a 1.8x distribution coverage ratio. Speaking of which, EPD increased its distribution by 5.6% during Q3 to $0.475 per quarter, equating to an impressive 7.6% yield.

Shares of energy pipeline companies were broadly higher Monday, in the aftermath of the ransomware attack on Colonial Pipeline, even as crude oil futures reversed earlier gains to trade lower. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues. After all, it’s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it’s important to know a company’s potential revenue growth.

This is a positive change from the stock’s previous quarterly dividend of $0.49. For the next fiscal year, the consensus earnings estimate of $2.64 indicates a change of +4.9% from what Enterprise Products is expected to report a year ago. Over the last four quarters, Enterprise Products surpassed consensus EPS estimates three times.

6 Energy Stocks That Don’t Deserve to Be Left Behind

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Enterprise Products Partners’ stock was trading at $24.12 at the start of the year. Since then, EPD shares have increased by 11.7% and is now trading at $26.93. Style is an investment factor that has a meaningful impact on investment risk and returns.

• It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states.
• Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.
• While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Over the past three years, the company’s dividend has grown by an average of 2.32% per year.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. With 7%-plus dividend yields and prices well below recent highs, Enbridge and Enterprise Products Partners are smart buys. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. EPD’s beta can be found in Trading Information at the top of this page.

We currently export about 60 million barrels of oil equivalent every month. It’s clear that the world wants and needs much more of what we have. We’re back on the road traveling domestically, internationally. We’re growing existing relationships and developing new ones and new opportunities.

Q3 2023 EPS Estimate Trends

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

Data may be intentionally delayed pursuant to supplier requirements. The most recent change in the company’s dividend was an increase of $0.01 on Monday, July 10, 2023. The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain. 9 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Enterprise Products Partners in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock.

On average, they expect the company’s share price to reach $30.70 in the next year. This suggests a possible upside of 14.0% from the stock’s current price. View analysts price targets https://1investing.in/ for EPD or view top-rated stocks among Wall Street analysts. The company owns and operates more than 51,000 miles of pipeline, including natural gas, NGL, crude and propylene pipes.

Ringing In the New Year With Income

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.

They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Without considering a stock’s valuation, no investment decision can be efficient. In predicting a stock’s future price performance, it’s crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company’s growth prospects. The consensus earnings estimate of $2.52 for the current fiscal year indicates no change from the prior year.

• Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
• These master limited partnerships have excellent track records of paying dividends.
• 83 employees have rated Enterprise Products Partners Chief Executive Officer Jim Teague on Glassdoor.com.
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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. 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. 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.

Enterprise Products Partners declared a quarterly dividend on Monday, July 10th. Investors of record on Monday, July 31st will be given a dividend branch office meaning of $0.50 per share on Monday, August 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.43%.

Enterprise Products Partners (EPD) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of EPD stock can currently be purchased for approximately $26.93. Sign-up to receive the latest news and ratings for Enterprise Products Partners and its competitors with MarketBeat’s FREE daily newsletter.

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EPD’s valuation ratios
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The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Enterprise Products. 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.

Stock Quote

Enterprise Products is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Compared to the Zacks Consensus Estimate of $12.69 billion, the reported revenues represent a surprise of -16.06%. 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.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.