Enterprise Products Partners(EPD)株式概要Enterprise Products Partners L.P.は天然ガス、天然ガス液(NGL)、原油、石油化学製品、精製製品の生産者と消費者に中流エネルギーサービスを提供している。 詳細EPD ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長2/6過去の実績4/6財務の健全性3/6配当金5/6報酬当社が推定した公正価値より57.2%で取引されている 収益は年間7%増加すると予測されています 過去1年間で収益は1.1%増加しました リスク分析多額の負債を抱えている 5.57%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るEPD Community Fair Values Create NarrativeSee what 163 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN3.4% undervaluedAnalystConsensusTarget•7d agoPermian Infrastructure Upgrades Will Expand Export Opportunities1.9k1108Top Analyst NarrativesEnterprise Products PartnersANAnalystConsensusTargetBased on Analyst Price TargetsPermian Infrastructure Upgrades Will Expand Export OpportunitiesEnterprise Products Partners is expanding its Permian and export network, which could let it move more U.S. energy products to overseas buyers and lift results as new projects come online. But outages, shifting trade rules, and heavy borrowing could quickly turn that upside into a bumpier ride.View narrativeUS$40.85FV3.4% 割安 内在価値ディスカウント5.48%Revenue growth p.a.Set Fair ValueView1.9kusers have viewed this narrative2users have liked this narrative1users have commented on this narrative108users have followed this narrative7 days ago author updated this narrativeView all narrativesEnterprise Products Partners L.P. 競合他社Kinder MorganSymbol: NYSE:KMIMarket cap: US$74.7bWilliams CompaniesSymbol: NYSE:WMBMarket cap: US$95.2bEnergy TransferSymbol: NYSE:ETMarket cap: US$69.4bTarga ResourcesSymbol: NYSE:TRGPMarket cap: US$58.1b価格と性能株価の高値、安値、推移の概要Enterprise Products Partners過去の株価現在の株価US$39.4752週高値US$40.1752週安値US$30.01ベータ0.501ヶ月の変化6.07%3ヶ月変化8.58%1年変化25.74%3年間の変化55.15%5年間の変化67.25%IPOからの変化634.33%最新ニュースライブニュース • May 16Enterprise Products Partners Tops Q1 Revenue Forecasts and Expands Growth Project PipelineEnterprise Products Partners reported first-quarter 2026 revenue ahead of expectations and an 8% year-over-year increase in operating income, supported by operational improvements and new asset integration. The partnership has two additional natural gas processing facilities planned in the Permian Basin for 2027 and is currently constructing US$5.3b of major capital projects, including pipeline and export terminal expansions. Enterprise raised its 2026 growth capital expenditure budget to a range of US$2.3b to US$2.6b, while maintaining a leverage ratio of 3.2x and holding US$3.3b in available credit capacity and unrestricted cash, and it reports no major planned downtime ahead for its PDH plants following maintenance. The combination of above-expectation revenue, higher operating income and a large, funded project backlog indicates a company that is actively building out its midstream footprint while keeping balance sheet metrics in check. Investors may wish to monitor execution risk around the sizeable capital program and the timing of new assets entering service, as any delays or cost overruns could affect the economic outcomes of these projects.ナラティブの更新 • May 15EPD: Export Demand And Gas Marketing Strength Will Shape Forward ReturnsNarrative Update The analyst price target for Enterprise Products Partners has moved from $40.05 to $40.85 as analysts factor in stronger recent gas marketing results, more constructive long term commentary on U.S. energy export demand, and updated midstream models that reflect recent earnings and commodity price inputs. Analyst Commentary Recent research points to a generally constructive view on Enterprise Products Partners, with a series of higher price targets following the latest earnings and model updates across the midstream sector.Seeking Alpha • May 06Enterprise Products Partners: Rating Downgraded As Yield Nears 10-Year LowSummary Enterprise Products Partners is downgraded to Hold as growth catalysts are now fully priced in. EPD's Q1 2026 earnings report revealed strong near- and long-term growth drivers, including increased capex and a robust project pipeline. The current yield has compressed to 5.66%, near the lowest levels in a decade, reflecting heightened valuation risk. With a forward P/E of 13.4x and PEGY at 1.4x, the company trades with a limited margin of safety. Read the full article on Seeking AlphaReported Earnings • Apr 29First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.68 (up from US$0.64 in 1Q 2025). Revenue: US$14.4b (down 6.7% from 1Q 2025). Net income: US$1.48b (up 7.4% from 1Q 2025). Profit margin: 10% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 28Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$53.3b to US$59.2b. EPS estimate unchanged at US$2.87. Net income forecast to grow 8.9% next year vs 37% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$39.33 to US$40.15. Share price rose 3.4% to US$38.47 over the past week.Upcoming Dividend • Apr 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 14 May 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.3%).最新情報をもっと見るRecent updatesライブニュース • May 16Enterprise Products Partners Tops Q1 Revenue Forecasts and Expands Growth Project PipelineEnterprise Products Partners reported first-quarter 2026 revenue ahead of expectations and an 8% year-over-year increase in operating income, supported by operational improvements and new asset integration. The partnership has two additional natural gas processing facilities planned in the Permian Basin for 2027 and is currently constructing US$5.3b of major capital projects, including pipeline and export terminal expansions. Enterprise raised its 2026 growth capital expenditure budget to a range of US$2.3b to US$2.6b, while maintaining a leverage ratio of 3.2x and holding US$3.3b in available credit capacity and unrestricted cash, and it reports no major planned downtime ahead for its PDH plants following maintenance. The combination of above-expectation revenue, higher operating income and a large, funded project backlog indicates a company that is actively building out its midstream footprint while keeping balance sheet metrics in check. Investors may wish to monitor execution risk around the sizeable capital program and the timing of new assets entering service, as any delays or cost overruns could affect the economic outcomes of these projects.ナラティブの更新 • May 15EPD: Export Demand And Gas Marketing Strength Will Shape Forward ReturnsNarrative Update The analyst price target for Enterprise Products Partners has moved from $40.05 to $40.85 as analysts factor in stronger recent gas marketing results, more constructive long term commentary on U.S. energy export demand, and updated midstream models that reflect recent earnings and commodity price inputs. Analyst Commentary Recent research points to a generally constructive view on Enterprise Products Partners, with a series of higher price targets following the latest earnings and model updates across the midstream sector.Seeking Alpha • May 06Enterprise Products Partners: Rating Downgraded As Yield Nears 10-Year LowSummary Enterprise Products Partners is downgraded to Hold as growth catalysts are now fully priced in. EPD's Q1 2026 earnings report revealed strong near- and long-term growth drivers, including increased capex and a robust project pipeline. The current yield has compressed to 5.66%, near the lowest levels in a decade, reflecting heightened valuation risk. With a forward P/E of 13.4x and PEGY at 1.4x, the company trades with a limited margin of safety. Read the full article on Seeking AlphaReported Earnings • Apr 29First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.68 (up from US$0.64 in 1Q 2025). Revenue: US$14.4b (down 6.7% from 1Q 2025). Net income: US$1.48b (up 7.4% from 1Q 2025). Profit margin: 10% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Apr 28Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$53.3b to US$59.2b. EPS estimate unchanged at US$2.87. Net income forecast to grow 8.9% next year vs 37% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$39.33 to US$40.15. Share price rose 3.4% to US$38.47 over the past week.Upcoming Dividend • Apr 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 14 May 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.3%).ナラティブの更新 • Apr 24EPD: Clustered Rating Shifts And Modest Buybacks Will Shape Forward ReturnsAnalysts have increased their blended price target on Enterprise Products Partners by about $0.90 to $40.05, citing updated models that incorporate slightly higher revenue expectations, a modestly different profit margin profile, and a revised future P/E multiple. Analyst Commentary Recent Street research on Enterprise Products Partners shows a cluster of price target revisions and rating changes.Declared Dividend • Apr 12Fourth quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 30th April 2026 Payment date: 14th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (160% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 10Enterprise Products Partners L.P. Declares Quarterly Distribution for First Quarter of 2026, Payable on May 14, 2026Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2026 of $0.55 per unit, or $2.20 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2026, to common unitholders of record as of the close of business April 30, 2026. This distribution represents a 2.8% increase over the distribution declared with respect to the first quarter of 2025.ナラティブの更新 • Apr 09EPD: Mixed Rating Revisions And Modest Buybacks Will Shape Forward Return ProfileAnalyst price targets for Enterprise Products Partners have been lifted by several firms, and the framework here updates fair value from $38.24 to $39.14 as analysts factor in revised revenue growth assumptions, modestly different margin expectations, and slightly higher target P/E multiples after recent Q4 and midstream sector model updates. Analyst Commentary Street research on Enterprise Products Partners has been active, with several firms revisiting their models and price targets after Q4 results and broader midstream sector updates.お知らせ • Apr 09Enterprise Products Partners L.P. to Report Q1, 2026 Results on Apr 28, 2026Enterprise Products Partners L.P. announced that they will report Q1, 2026 results Pre-Market on Apr 28, 2026ナラティブの更新 • Mar 26EPD: Higher Payouts And Mixed Rating Shifts Will Shape Forward Return PotentialAnalysts have raised their average price target for Enterprise Products Partners to about $38.24 from $37.30, reflecting a series of recent target increases into the high $30s and low $40s as they update models for earnings, profit margins and target P/E multiples. Analyst Commentary Recent research on Enterprise Products Partners highlights a mix of constructive and cautious views as firms refresh their models after Q4 results and updated sector assumptions.ナラティブの更新 • Mar 12EPD: Higher Payouts And Buybacks Will Support Measured Forward Return PotentialAnalysts have lifted their blended price target for Enterprise Products Partners slightly, with our fair value estimate moving from $36.65 to $37.30. This reflects refreshed models after recent Q4 earnings updates, modestly lower discount rate assumptions, and updated P/E expectations across several research firms that have raised targets into the $39 to $41 range.Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.66 (down from US$2.69 in FY 2024). Revenue: US$52.6b (down 6.4% from FY 2024). Net income: US$5.81b (flat on FY 2024). Profit margin: 11% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.ナラティブの更新 • Feb 26EPD: Buybacks And Steady Distributions Will Shape Balanced Forward Return PotentialEnterprise Products Partners' fair value estimate edges up by $0.05 to $36.65, reflecting a series of recent price target increases from multiple banks as analysts factor in their updated views on discount rates, long term growth, and P/E assumptions. Analyst Commentary Recent research updates on Enterprise Products Partners show a mix of optimism on valuation upside and caution around future unit performance, even as several banks adjust their price targets higher.Recent Insider Transactions Derivative • Feb 20Key Executive exercised options and sold US$7.0m worth of stockOn the 16th of February, Randa Duncan Williams exercised options to acquire 190k shares at no cost and sold these for an average price of US$36.75 per share. This trade did not impact their existing holding. Since March 2025, Randa's direct individual holding has increased from 22.80m shares to 22.85m. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.新しいナラティブ • Feb 20The Toll-Booth of the Energy TransitionIn a 2026 market haunted by the "Top 10 Concentration Problem" in the S&P 500, EPD stands as a monument to Structural Cash Flow. While tech investors chase volatile multiples, EPD has quietly built a midstream empire moving 12M+ barrels of energy equivalents daily.ナラティブの更新 • Feb 12EPD: Buybacks And Steady Distributions Will Drive Measured Forward Return PotentialAnalysts have raised their average price target on Enterprise Products Partners by about $1 to $36.60, citing updated assumptions around revenue growth, profitability, and P/E expectations reflected across recent target increases from multiple firms. Analyst Commentary Recent research on Enterprise Products Partners reflects a mix of optimism on earnings power and caution around relative upside, with multiple price target revisions and a new rating downgrade shaping the debate.Reported Earnings • Feb 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.66 (down from US$2.69 in FY 2024). Revenue: US$52.6b (down 6.4% from FY 2024). Net income: US$5.81b (flat on FY 2024). Profit margin: 11% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. Independent Director of Enterprise Products Holdings LLC Becca Followill was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.ナラティブの更新 • Jan 29EPD: Buyback Potential And Distribution Growth Will Support Balanced Forward ReturnsAnalysts lifted their price target on Enterprise Products Partners slightly to $35.55 from $35.50, reflecting small tweaks to long term assumptions on the discount rate, revenue growth, profit margins, and future P/E, after a mix of recent research that includes a higher Scotiabank target, a Wolfe Research downgrade, and a Hold initiation with a US$33 target at Jefferies. Analyst Commentary Recent research on Enterprise Products Partners sends a mixed message, with some analysts more optimistic on the units and others taking a more cautious stance.Upcoming Dividend • Jan 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 January 2026. Payment date: 13 February 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 6.7%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.8%).ナラティブの更新 • Jan 15EPD: Buyback Authorization And Distribution Increases Will Support Measured Future ReturnsNarrative Update Analysts have nudged their fair value estimate for Enterprise Products Partners slightly lower to about US$35.50 per unit, reflecting more cautious revenue growth assumptions, modestly adjusted P/E expectations, and recent research that sees solid quality but limited potential for strong unit outperformance without a clear buyback catalyst. Analyst Commentary Recent commentary around Enterprise Products Partners has turned more cautious, with one downgrade and a new Hold initiation reinforcing a view that quality is intact but upside may be more limited at current levels.Declared Dividend • Jan 12Third quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 30th January 2026 Payment date: 13th February 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (152% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 08+ 1 more updateEnterprise Products Partners L.P. to Report Q4, 2025 Results on Feb 03, 2026Enterprise Products Partners L.P. announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026お知らせ • Dec 17Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD).Exxon Mobil Corporation (NYSE:XOM) executed an agreement to acquire 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD) for $650 million on November 20, 2025. Pursuant to the agreement, ExxonMobil will contribute its proportionate share of Bahia project costs to date, or approximately $650 million, subject to customary adjustments. The closing of the transaction is subject to regulatory approvals. The transaction is expected by early 2026. Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD) on December 15, 2025.お知らせ • Nov 22Enterprise Products Partners L.P. Announces Election of Michael C. “Tug” Hanley as Executive Vice President and Chief Commercial Officer,Effective December 1, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner has elected Michael C. “Tug” Hanley as executive vice president and chief commercial officer with responsibility for all commercial functions for the partnership effective December 1, 2025. Mr. Hanley joined Enterprise in 2006. His nearly twenty years of experience includes roles of increasing responsibility across our commercial businesses as well as the partnership’s scheduling, distribution and logistics functions. Enterprise’s commercial leadership team, which includes James P. Bany, senior vice president Crude Oil Pipeline and Terminals; F. Christopher D’Anna, senior vice president Petrochemical Services; Natalie K. Gayden, senior vice president Natural Gas; Justin Kleiderer, senior vice president Pipelines and Terminals; Zachary S. Strait senior vice president Unregulated NGLs and Tyler A. Cott, senior vice president Hydrocarbon Marketing, will report to Mr. Hanley who in turn will report to A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner.ナラティブの更新 • Nov 18EPD: Shareholder Returns Will Increase With Buyback Plan Amid Commodity HeadwindsAnalysts have slightly lowered their price target for Enterprise Products Partners, trimming it by $0.22 to reflect anticipated near-term commodity challenges and a shift toward a more muted business outlook. Analyst Commentary Recent analyst updates on Enterprise Products Partners reflect a cautious but balanced outlook, with revised price targets and observations centered on valuation, operational consistency, and shifting investor priorities.Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.61 (down from US$0.65 in 3Q 2024). Revenue: US$12.0b (down 13% from 3Q 2024). Net income: US$1.34b (down 4.6% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.Declared Dividend • Oct 10Second quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 31st October 2025 Payment date: 14th November 2025 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 08+ 1 more updateEnterprise Products Partners L.P. Declares Quarterly Distribution, Payable on November 14, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the third quarter of 2025 of $0.545 per unit, or $2.18 per unit on an annualized basis. The quarterly distribution will be paid November 14, 2025, to common unitholders of record as of the close of business October 31, 2025. This distribution represents a 3.8% increase over the distribution declared with respect to the third quarter of 2024.お知らせ • Aug 23Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY).Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction. Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) on August 22, 2025. Enterprise Products Partners L.P. completed the acquisition of Midland Basin gas gathering assets for $580 million in cash consideration on a debt-free transaction. Troutman Pepper Locke and Sidley Austin LLP served as legal advisors to Enterprise, and Skadden, Arps, Slate, Meagher & Flom LLP and Taylor Pullins, Chad McCormick, Neil Clausen, Jason McCoy and George Paul of White & Case LLP served as legal advisors to Occidental.お知らせ • Aug 07Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million.Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction.Reported Earnings • Jul 29Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.67 (up from US$0.63 in 2Q 2024). Revenue: US$11.4b (down 16% from 2Q 2024). Net income: US$1.47b (up 5.8% from 2Q 2024). Profit margin: 13% (up from 10% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Jul 25Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 14 August 2025. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (4.0%).Declared Dividend • Jul 11First quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 31st July 2025 Payment date: 14th August 2025 Dividend yield will be 6.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 09+ 1 more updateEnterprise Products Partners L.P. to Report Q2, 2025 Results on Jul 28, 2025Enterprise Products Partners L.P. announced that they will report Q2, 2025 results Pre-Market on Jul 28, 2025Reported Earnings • Apr 29First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.64 (down from US$0.66 in 1Q 2024). Revenue: US$15.4b (up 4.5% from 1Q 2024). Net income: US$1.39b (down 3.3% from 1Q 2024). Profit margin: 9.0% (in line with 1Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Apr 24Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 14 May 2025. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 6.8%. Within top quartile of American dividend payers (5.0%). Higher than average of industry peers (4.2%).Seeking Alpha • Apr 11Enterprise Products Partners Is On Sale Again And A Top Income IdeaSummary Enterprise Products Partners L.P.'s unit price drop is a buying opportunity, offering a 7%+ yield with a 26-year track record of increasing distributions. EPD's fee-based revenue model ensures stable cash flow, making it a reliable income investment despite market volatility and geopolitical events. EPD is expanding its infrastructure with $7.6 billion in projects, enhancing capacity and efficiency, particularly in the Permian Basin. EPD's diversified revenue streams and strategic growth projects position it well to benefit from increasing global energy demand and data center expansion. Read the full article on Seeking AlphaDeclared Dividend • Apr 10Fourth quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 30th April 2025 Payment date: 14th May 2025 Dividend yield will be 7.3%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (130% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 08+ 1 more updateEnterprise Products Partners L.P. Declares Quarterly Distribution for the First Quarter of 2025, Payable on May 14, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2025 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2025, to common unitholders of record as of the close of business April 30, 2025. This distribution represents a 3.9% increase over the distribution declared with respect to the first quarter of 2024.Seeking Alpha • Mar 18Why I Like Enterprise Products Partners Better Than Williams CompaniesSummary I expect a boost in domestic natural gas production and more favorable regulations ahead. This view has led me to feel bullish toward stocks with a large exposure to natural gas such as EPD and WMB. WMB is a solid investment. Its higher valuation ratios can be justified to a large extent by its better growth and profitability metrics. However, I see an even strong return/risk profile in EPD due to its lower valuation even when adjusted for growth and dividends, better consistency, and higher current yield. Read the full article on Seeking AlphaSeeking Alpha • Feb 22Enterprise Products Partners: A Great Opportunity Relative To Other Similar FirmsSummary Enterprise Products Partners is a solid 'buy' due to its attractive valuation, low leverage, and robust cash flow. The company has significant growth potential, with planned capital investments of $4-4.5 billion in 2025 and $2-2.5 billion in 2026. Enterprise Products Partners boasts a high yield of 6.50%, making it one of the top yielding firms in its sector. Despite some segments underperforming, overall financial metrics improved year-over-year, driven by strong performance in the NGL and Natural Gas segments. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Feb 20Key Executive exercised options and sold US$5.1m worth of stockOn the 16th of February, Richard Bachmann exercised options to acquire 151k shares at no cost and sold these for an average price of US$33.72 per share. This trade did not impact their existing holding. Since March 2024, Richard's direct individual holding has decreased from 2.00m shares to 1.98m. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 13My Highest Conviction Big Yield: Why I Love 6%-Yielding Enterprise Products PartnersSummary Enterprise Products Partners L.P. has been a big winner for me. However, I remain very confident in its forward prospects. I share 5 reasons why I still like EPD stock prospects. Read the full article on Seeking AlphaSeeking Alpha • Feb 06Enterprise Products Partners: Doubling Down On This 6.5%-Yielding Juggernaut NowSummary Last month, Enterprise Products Partners upped its distribution once again. The midstream giant has plenty of major capital projects under development to drive future growth. Enterprise Products Partners maintains the distinction of being the only A-rated player in its space. The partnership's units look to still be trading at a 13% discount to fair value. Enterprise Products Partners appears poised to deliver 40%+ cumulative total returns through 2027. Read the full article on Seeking AlphaReported Earnings • Feb 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$2.69 (up from US$2.52 in FY 2023). Revenue: US$56.2b (up 13% from FY 2023). Net income: US$5.90b (up 7.6% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.Upcoming Dividend • Jan 24Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 31 January 2025. Payment date: 14 February 2025. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.8%).Declared Dividend • Jan 10Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 31st January 2025 Payment date: 14th February 2025 Dividend yield will be 6.5%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 08+ 1 more updateEnterprise Products Partners L.P. to Report Q4, 2024 Results on Feb 04, 2025Enterprise Products Partners L.P. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025Seeking Alpha • Dec 30Enterprise Products Partners: Surprising Beneficiary Of The New Political LandscapeSummary Enterprise Products Partners L.P. has rallied by double-digits post-election and has finally returned to pre-pandemic levels. Management continues to manage the company with a conservative balance sheet. Management anticipates significant CapEx growth in 2025, and I expect spending to remain elevated given the new administration. I remain bullish on units moving forward given the high yield and attractive setup. Read the full article on Seeking AlphaSeeking Alpha • Dec 23Enterprise Products Partners: A 7% Yield Is Available AgainSummary Enterprise Products Partners offers a 7% yield, attractive valuation, and consistent distributable cash flow growth, making it a strong buy for dividend investors. The firm’s diversified energy assets and long-term contracts provide predictable cash flows and solid distribution coverage. Recent Piñon Midstream acquisition enhances distributable cash flow, supporting future distribution growth and capital returns. Despite market pullback, EPD's commitment to increasing distributions and capital returns makes it a compelling long-term investment. Read the full article on Seeking AlphaSeeking Alpha • Dec 13Enterprise Products Partners: Bridging The Energy Transition GapSummary EPD leverages its extensive natural gas and NGL infrastructure to support the global shift to cleaner energy. EPD’s integration and growth projects position it to thrive amid energy transition challenges. Closing paragraphs emphasize long-term growth potential and solid management execution. DCF analysis indicates a 47% upside, with a fair value of $48.32. Read the full article on Seeking AlphaSeeking Alpha • Dec 04Enbridge Vs. Enterprise Products Partners: Why I'm Buying One Of These 6% Yielding Dividend Aristocrats In 2025Summary Enbridge and Enterprise Products Partners are top-tier midstream companies, akin to Coke and Pepsi, offering robust dividends and stable cash flows. Both companies have extensive pipeline networks and diversified contracted revenue streams, making them resilient to economic and energy price fluctuations. Enbridge's strategic acquisitions and Enterprise's strong balance sheet enhance their long-term growth prospects, which analysts estimate at 6% to 7% long term. EPD and ENB are nearly perfectly matched for safety, quality, risk management, and credit ratings. You can't go wrong with either. In the short term, EPD has more growth potential and slightly better valuation, but in the long term, ENB and EPD are almost perfectly matched. I'm sticking with ENB because the bond market indicates ENB's growth outlook extends for nearly 100 years. Read the full article on Seeking AlphaSeeking Alpha • Nov 20Enterprise Products Partners: Still A Great Prospect In A Great IndustrySummary Enterprise Products Partners is a solid midstream/pipeline company with a vast network and consistent financial performance, making it an attractive 'buy' despite recent underperformance. The company boasts impressive revenue growth, particularly in its NGL Pipelines & Services and Petrochemical & Refined Products Services segments, with significant increases in volumes and cash flows. Enterprise Products Partners is undervalued compared to peers, with low leverage and high yield, making it appealing for yield-oriented investors. The firm has a strong history of returning capital to shareholders and plans substantial future growth investments, ensuring continued cash flow growth. Read the full article on Seeking AlphaSeeking Alpha • Nov 01Enterprise Products Partners Q3: AI Energy Demand In FocusSummary Enterprise Products Partners L.P.’s Q3 financials showed some unevenness when compared to consensus estimates. Here, I want to urge you to look past the quarterly fluctuations and focus on the underlying business developments. Its ongoing CAPEX projects and expansion of AI technologies led me to see that it is well-positioned to capitalize on the surging energy demand in the years to come. Read the full article on Seeking AlphaReported Earnings • Oct 29Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.65 (up from US$0.60 in 3Q 2023). Revenue: US$13.8b (up 15% from 3Q 2023). Net income: US$1.42b (up 8.5% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.お知らせ • Oct 29+ 1 more updateEnterprise Products Partners L.P. Completes Phase 2 of TW Products SystemEnterprise Products Partners L.P. announced that its refined products truck terminal serving the Grand Junction, Colorado and Moab, Utah areas is now in service, marking the completion of the second phase of the company's Texas Western Products system. Located in Grand County, Utah, the facility features storage capacity of 400,000 barrels for gasoline and diesel and can load trucks at a rate of up to 20,000 barrels per day. In addition, the terminal is strategically located with direct access to Interstate 70, allowing it to serve markets in both eastern Utah and western Colorado. The new terminal joins three other facilities that began service earlier in 2024, which are located in Gaines County, Texas and the Jal and Albuquerque areas in New Mexico. Combined, the four terminals offer 1.5 million barrels of refined products storage capacity and can load up to 63,000 BPD.Seeking Alpha • Oct 24Enterprise Products Partners: Expecting A Solid Quarter, Monitoring MomentumSummary I maintain a buy rating on Enterprise Products Partners stock due to its undervaluation, strong technical chart, and compelling 7.3% forward dividend yield. Despite a modest Q2 earnings miss, EPD has shown resilience with ongoing buybacks, a 5% distribution increase, and a solid balance sheet. Key risks include NGL market volatility, rising competition, ESG challenges, and managing debt amid rising interest rates. EPD's technicals are favorable, with a rising 200-day moving average and support near $28, though resistance remains in the low $30s. Read the full article on Seeking AlphaUpcoming Dividend • Oct 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 October 2024. Payment date: 14 November 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 7.2%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.0%).Seeking Alpha • Oct 05Enterprise Products Partners: Powering Profits With Midstream MasterySummary Enterprise Products Partners' strong asset base, resilient fee-based cash flows, and industry-leading balance sheet make it a compelling investment in the energy midstream space. It's demonstrating strong adjusted EBITDA growth, and has a 7.1% yield with a solid DCF-to-distribution coverage of 1.6x. The Piñon Midstream acquisition and $6.7 billion in capital projects position EPD for continued growth in NGL, natural gas, and petrochemical capacity. Read the full article on Seeking AlphaDeclared Dividend • Oct 04Second quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 31st October 2024 Payment date: 14th November 2024 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 02+ 1 more updateEnterprise Products Partners L.P. to Report Q3, 2024 Results on Oct 29, 2024Enterprise Products Partners L.P. announced that they will report Q3, 2024 results Pre-Market on Oct 29, 2024Seeking Alpha • Sep 17Enterprise Products Partners: Rare Insider BuysSummary Recent insider purchases, especially those by the company's co-CEO, reflect the stock’s attractive return potential amid an expensive equity market. Insider transactions in the broader market are dominated by insider selling. Market consensus points to a gloomy ~2.5% EPS growth rate in the next few years. This underestimates EPD's growth potential substantially and creates a price-value gap. Read the full article on Seeking AlphaSeeking Alpha • Sep 09Enterprise Products Partners Yielding 7.23% Is A Gift Heading Into Rate CutsSummary Enterprise Products Partners is undervalued and offers a high single-digit yield, making it attractive for income investors in a lower-rate environment. EPD's strong distribution history, with 26 years of consecutive increases, and a 1.6x coverage ratio, highlights its reliability and potential for future growth. The company's significant growth projects and increased utilization rates position it well to meet rising energy demands and enhance distributable cash flow. Despite risks from regulatory changes and renewable energy adoption, EPD's robust asset network and operational efficiency make it a compelling investment for income and capital appreciation. Read the full article on Seeking AlphaSeeking Alpha • Aug 23Enterprise Products Partners: A Fat 7% Yield And An Acquisition CatalystSummary Enterprise Products Partners is a large midstream enterprise with growing EBITDA and distributable cash flow, supported by a strong distribution coverage ratio. EPD is expanding its footprint in the Delaware basin and experiencing solid growth in its NGL and natural gas pipeline business. The midstream firm just announced another acquisition for $950M, which will make a positive contribution to its NGL segment. Despite regulatory risks, EPD offers a well-supported 7% yield and is moderately valued, making it an attractive investment for income investors. Read the full article on Seeking Alphaお知らせ • Aug 22Enterprise Products Partners L.P. (NYSE:EPD) signed a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital, LLC for $950 million.Enterprise Products Partners L.P. (NYSE:EPD) signed a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital, LLC for $950 million in a debt-free transaction on August 21, 2024. A cash consideration of $950 million will be paid by Enterprise Products Partners L.P. The transaction is expected to be funded using cash on hand and borrowings under Enterprise’s existing commercial paper and bank credit facilities. The transaction is subject to approval by regulatory board. This transaction is expected to be completed in the fourth quarter of 2024. Piper Sandler & Co. acted as financial advisor for Piñon Midstream, LLC. Kirkland & Ellis LLP acted as legal advisor for Piñon Midstream, LLC. Locke Lord LLP acted as legal advisor for Enterprise Products Partners L.P. Sidley Austin LLP acted as legal advisor for Enterprise Products Partners L.P.新しいナラティブ • Aug 19New Plants And Expansions Fuel Future Growth In Natural Gas Sector New natural gas processing plants and the NGL fractionator boost operational efficiency and volume, suggesting positive future revenue and net margin impacts.Seeking Alpha • Aug 14Enterprise Products Partners: 4 Reasons To Add It To Your High-Yield PortfolioSummary EPD remains my top conviction pick for income-oriented investors. The stable business model, growth opportunities, and strong balance sheet suggest a double-digit upside might be ahead. EPD is trading at a relatively cheap valuation and is partially responsible for the well-covered, attractive 7.5% distribution. Following a 6.5% pullback from $30, this weakness might be the time to add and set for market-beating returns. Read the full article on Seeking AlphaSeeking Alpha • Aug 08Enterprise Products Partners: Ignore Fed Decisions And Collect A 7+% YieldSummary Enterprise Products Partners is a large midstream company with a market cap of over $60 billion and a dividend yield of over 7%. The company has strong financials, with low leverage and high cash flow, supporting shareholder returns and growth capital investments. Despite being an MLP, the company's ability to generate substantial shareholder returns through dividends and investments makes it a valuable long-term investment. Read the full article on Seeking AlphaReported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.64 (up from US$0.57 in 2Q 2023). Revenue: US$13.5b (up 27% from 2Q 2023). Net income: US$1.41b (up 13% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 1.9%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year.Seeking Alpha • Jul 30Enterprise Products Partners: Another Quarter Of Cash Flows And DistributionsSummary Enterprise Products Partners reported strong Q2 earnings with more than 10% growth in gross operating margin and EBITDA, led by the NGL segment. Capital expenditures were slightly higher than expected, with cash flow and volume growth in areas where capex was invested. The balance sheet is in good shape, with leverage at 3x EBITDA and the ability to return cash to shareholders through increases in 7% distribution and unit buybacks. Read the full article on Seeking AlphaSeeking Alpha • Jul 207% Yield Dividend Aristocrat I Am Buying With Both Hands: Enterprise Products PartnersSummary Enterprise Products Partners L.P. is a leading midstream company in the US with operations centered in Texas near low-cost basins. The company has a strong debt rating, allowing for low interest rates and access to more debt for growth projects. With a history of increasing shareholder returns, the company is well-positioned for long-term growth and income potential. Read the full article on Seeking AlphaSeeking Alpha • Jul 15Enterprise Products Partners: Fueling Dividends Through Increased Natural Gas DemandSummary Enterprise Products Partners is my top choice for exposure to MLPs due to its consistent performance history and strong distribution coverage. The dividend yield sits at 7.1% and is well-supported by distributable cash flows, with a coverage ratio of 1.7x. Despite an already high yield, the dividend has increased at a CAGR of 3.8% over the last decade. This makes EPD a great pick for compounding income. Natural gas demand is estimated to continually increase through 2030. EPD plans to spend $3.25B throughout 2024 to ensure they can capitalize on growing demand. Read the full article on Seeking AlphaDeclared Dividend • Jul 14First quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 31st July 2024 Payment date: 14th August 2024 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 11+ 1 more updateEnterprise Products Partners L.P. to Report Q2, 2024 Results on Jul 30, 2024Enterprise Products Partners L.P. announced that they will report Q2, 2024 results Pre-Market on Jul 30, 2024Seeking Alpha • Jun 28Enterprise Products Partners: An AI Data Center Energy Play Paying You 7%Summary Enterprise Products Partners is a well-run midstream firm with considerable excess distribution coverage. Heavy investments into energy-intensive AI Data Centers indicate a catalyst for growing energy demand. Large-scale midstream companies with extensive pipeline footprints are uniquely positioned to fill incremental demand growth. EPD has out-performed midstream rivals in terms of distribution growth in the last three years. My fair value for EPD is between $31-34. Read the full article on Seeking AlphaSeeking Alpha • Jun 21Enterprise Products Partners: Underperforming, But This Dividend Aristocrat Is A BuySummary EPD is a leading MLP with a strong track record, but has underperformed peers and the S&P 500. EPD's future looks promising with growing EBITDA, sustainable energy demand, and ownership alignment with investors. The proposed Sea Port oil export terminal and upcoming projects position EPD for growth and continued distribution increases. Read the full article on Seeking AlphaSeeking Alpha • Jun 14Enterprise Products: Battle For The Lucrative Permian NGL Market Is Heating UpSummary Enterprise Products is benefiting from the increasing oil and NGL production in the US, leading to higher demand and pricing for existing midstream capacity. NGL pipeline utilization rates are currently peaking but are expected to decline in 2025 as additional capacity enters the market, leading to more competitive pricing and reduced trading opportunities. EPD's profitability is likely to be capped in the medium term due to a more subdued pricing environment and reduction in price spreads. Read the full article on Seeking AlphaSeeking Alpha • May 20Enterprise Products Partners: I'm Buying More Of This Quality High-YielderSummary I'm looking to further concentrate my portfolio in 2024 and Enterprise Products Partners is among my top candidates for additional investment. EPD's adjusted EBITDA and operational DCF grew in the first quarter. The midstream operator's leverage ratio was just 3 in the trailing twelve months ended March 31. Units of EPD are priced 13% below my fair value estimate. The company's total return prospects could be healthy in the years ahead. Read the full article on Seeking AlphaReported Earnings • May 01First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: EPS: US$0.66 (up from US$0.63 in 1Q 2023). Revenue: US$14.8b (up 19% from 1Q 2023). Net income: US$1.46b (up 5.7% from 1Q 2023). Profit margin: 9.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Seeking Alpha • May 01Enterprise Products Partners: The Growth Part Of The Cycle ArrivesSummary Enterprise Products Partners is increasing its capital spending. The company's projects, such as the SPOT project, are progressing well, and there may be more potential projects in the planning stage. The growing capital expenditures are impacting the company's free cash flow. The free cash flow calculation includes the entire capital budget. The capital budget should continue to increase as the future unfolds. All volumes handled were up in the current quarter. Read the full article on Seeking AlphaUpcoming Dividend • Apr 22Upcoming dividend of US$0.52 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 14 May 2024. Payout ratio and cash payout ratio are on the higher end at 79% and 100% respectively. Trailing yield: 7.1%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.9%).Seeking Alpha • Apr 10Hot Inflation? Enterprise Products Stock Can HelpSummary March's CPI data shows a 0.4% increase, exceeding expectations, with energy cost as a main driver. Enterprise Products Partners L.P. offers attractive dividends that can help hedge against inflation. Moreover, EPD's dividend growth has outpaced inflation in the long term by a good margin. I see plenty of profit catalysts to help Enterprise Products Partners keep growing earnings and dividends. Read the full article on Seeking Alphaお知らせ • Apr 10Enterprise Products Partners L.P. Receives Deepwater Port License for Spot ProjectEnterprise Products Partners L.P. announced that it has received the deepwater port license for the Sea Port Oil Terminal (‘SPOT’) from the United States Maritime Administration (‘MARAD’), an agency within the federal Department of Transportation. The license enables Enterprise to move forward to the next step in developing the offshore terminal capable of loading 2 million barrels per day (‘BPD’) of crude oil. Since the original application for a deepwater port license was submitted in January of 2019, Enterprise has worked diligently with various federal, state and local authorities, and participated in multiple public meetings that have allowed individuals and stakeholder groups to learn about the project and provide their comments to multiple environmental impact studies, including those translated into Spanish and Vietnamese. The exhaustive analysis associated with the project and continuous responses to requests for information from the various agencies produced more than 30,000 pages of documentation. As planned, the SPOT offshore platform would be located approximately 30 nautical miles off the Brazoria County, Texas coast in 115 feet of water, and will be manned 24 hours per day. The facility is designed to load VLCCs and other crude oil tankers up to a rate of 85,000 barrels per hour. In addition, dual 36-inch diameter, bi-directional pipelines would be built that connect to the company’s new Oyster Creek crude oil terminal in Brazoria County that would be constructed approximately 10 miles inland. With a direct connection to Enterprise’s Houston ECHO terminal, as well as the company’s extensive integrated midstream network, SPOT would offer access to more than 40 distinct grades of crude oil, including Midland WTI. SPOT reduces operational risks, including those associated with reverse lightering, an unregulated process in which crude oil is offloaded from multiple smaller ships onto a larger vessel in federal waters off the U.S. Gulf Coast. Limiting reverse lightering, combined with the SPOT platform’s state-of-the-art vapor combustion capabilities, would significantly reduce emissions. MARAD and U.S. Coast Guard led the comprehensive, four-year environmental review of this project. The reviews by more than a dozen federal governmental agencies, including the Army Corps of Engineers and Environmental Protection Agency, as well as reviews and approvals by the State of Texas. Highlighted below, are some of the notable findings from the record of decision, which SPOT received in November 2022: ‘The construction and operation of the Port is in the national interest because the Project will benefit employment, economic growth, and U.S. energy infrastructure resilience and security. The Port will provide a reliable source of crude oil to U.S. allies in the event of market disruption and have a minimal impact on the availability and cost of crude oil in the U.S. domestic market. Construction and operation of an offshore export terminal and the installation of a vapor combustion system at the DWP [deepwater port] will reduce the number of ship-to-ship transfers of crude oil and lessen emissions from conventional crude oil loading, thus providing a more efficient, less impactful crude oil transport facility within the offshore waters of the United States.’ ‘The Project will be constructed and operated using the best available technology. Operating safety and control features of the Project will include autonomous shutdown valves, HIPPs, fire and gas detection, emergency shutdown and safety controls, and process control systems.Declared Dividend • Apr 08Fourth quarter dividend of US$0.52 announcedShareholders will receive a dividend of US$0.52. Ex-date: 29th April 2024 Payment date: 14th May 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 06Enterprise Products Partners L.P. to Report Q1, 2024 Results on Apr 30, 2024Enterprise Products Partners L.P. announced that they will report Q1, 2024 results Pre-Market on Apr 30, 2024お知らせ • Apr 05Enterprise Products Partners L.P Declares Quarterly Distribution, Payable on May 14, 2024Enterprise Products Partners L.P announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2024, to common unitholders of record as of the close of business Tuesday, April 30, 2024. This distribution represents a 5.1 percent increase over the distribution declared with respect to the first quarter of 2023.Seeking Alpha • Apr 01Enterprise Products Partners: Tax Features Make It Ideal For Retirees And Savvy InvestorsSummary Enterprise Products Partners offers a good investment opportunity with a chance to compound money in a market where growth stocks are expensive. EPD has a good business with barriers to entry, strong management, outstanding operating results, and a 7% tax deferred yield. The MLP structure avoids double taxation (on the business first, the investor second) and provides strategies that can further sweeten the deal. Read the full article on Seeking Alphaお知らせ • Mar 13Enterprise 2023 Schedule K-1 Tax Packages Now AvailableEnterprise Products Partners L.P. announced that its 2023 tax packages, including schedule K-1s, are now available online. Information reported on these tax packages could be subject to change given potential retroactive changes in tax law that are still being considered by Congress and the Biden administration. If the Tax Relief for American Families and Workers Act of 2024 (H.R.7024), which passed the House of Representatives on January 31, 2024, and is currently awaiting action in the Senate, were to become law, it may or may not require to make changes to tax reporting for 2023. Such changes may affect the information provided in these tax packages.Seeking Alpha • Mar 08Enterprise Products Partners: Still A Buy At The Highs Yielding 7.36%Summary Enterprise Products Partners has a strong track record of delivering distribution increases and is expected to benefit from the current energy landscape. OPEC+ production cuts and surging US production are favorable for EPD's midstream operations. EPD's operational efficiencies, disciplined distribution growth, and attractive unit price make it an enticing investment option. Read the full article on Seeking Alpha株主還元EPDUS Oil and GasUS 市場7D0.6%1.1%-0.8%1Y25.7%37.4%27.1%株主還元を見る業界別リターン: EPD過去 1 年間で37.4 % の収益を上げたUS Oil and Gas業界を下回りました。リターン対市場: EPDは、過去 1 年間で27.1 % のリターンを上げたUS市場を下回りました。価格変動Is EPD's price volatile compared to industry and market?EPD volatilityEPD Average Weekly Movement2.5%Oil and Gas Industry Average Movement6.1%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: EPD 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: EPDの 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO(最高経営責任者ウェブサイト1968n/aJim Teaguewww.enterpriseproducts.comEnterprise Products Partners L.P. は天然ガス、天然ガス液(NGL)、原油、石油化学製品、精製製品の生産者と消費者に中流エネルギーサービスを提供している。4つのセグメントで事業を展開している:NGLパイプライン&サービス、原油パイプライン&サービス、天然ガスパイプライン&サービス、石油化学&精製製品サービス。NGLパイプライン&サービス部門は、天然ガス処理と関連NGLマーケティング活動を提供している。当セグメントは、コロラド州、ルイジアナ州、ミシシッピ州、ニューメキシコ州、テキサス州、ワイオミング州で天然ガス処理施設、NGLパイプライン、NGL分留施設、NGLおよび関連製品の貯蔵施設、NGL海上ターミナルを運営している。原油パイプライン・サービス部門は、原油パイプライン、原油貯蔵・海上ターミナルを運営しており、原油輸送に使用される約200台のトラクター・トレーラー・タンクトラックを保有している。また、原油の販売活動も行っている。天然ガスパイプライン・サービス部門は、天然ガスを収集、処理、輸送する天然ガスパイプラインシステムを運営している。ルイジアナ州ナポレオンビルの地下塩ドーム天然ガス貯蔵施設をリースし、テキサス州ウォートン郡に地下塩ドーム貯蔵洞窟を所有し、天然ガスの輸送、貯蔵、販売を行っている。石油化学・精製製品サービス部門は、プロピレン分留装置、プロパン脱水素装置などのプロピレン分留施設および関連販売事業、ブタン異性化コンプレックスおよび関連する脱イソブタン化事業、オクタン価向上、イソブタン脱水素、高純度イソブチレン製造施設を運営している。また、精製品パイプラインとターミナル、エチレン輸出ターミナルを運営し、精製品マーケティングと海上輸送サービスも提供している。同社は1968年に設立され、テキサス州ヒューストンに本社を置いている。もっと見るEnterprise Products Partners L.P. 基礎のまとめEnterprise Products Partners の収益と売上を時価総額と比較するとどうか。EPD 基礎統計学時価総額US$85.22b収益(TTM)US$5.84b売上高(TTM)US$51.57b14.6xPER(株価収益率1.7xP/SレシオEPD は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計EPD 損益計算書(TTM)収益US$51.57b売上原価US$44.21b売上総利益US$7.36bその他の費用US$1.52b収益US$5.84b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益(EPS)2.70グロス・マージン14.27%純利益率11.33%有利子負債/自己資本比率113.9%EPD の長期的なパフォーマンスは?過去の実績と比較を見る配当金5.6%現在の配当利回り81%配当性向View Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/21 15:16終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Enterprise Products Partners L.P. 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。40 アナリスト機関William SeleskyArgus Research CompanyTheresa ChenBarclaysJean Ann SalisburyBernstein37 その他のアナリストを表示
ライブニュース • May 16Enterprise Products Partners Tops Q1 Revenue Forecasts and Expands Growth Project PipelineEnterprise Products Partners reported first-quarter 2026 revenue ahead of expectations and an 8% year-over-year increase in operating income, supported by operational improvements and new asset integration. The partnership has two additional natural gas processing facilities planned in the Permian Basin for 2027 and is currently constructing US$5.3b of major capital projects, including pipeline and export terminal expansions. Enterprise raised its 2026 growth capital expenditure budget to a range of US$2.3b to US$2.6b, while maintaining a leverage ratio of 3.2x and holding US$3.3b in available credit capacity and unrestricted cash, and it reports no major planned downtime ahead for its PDH plants following maintenance. The combination of above-expectation revenue, higher operating income and a large, funded project backlog indicates a company that is actively building out its midstream footprint while keeping balance sheet metrics in check. Investors may wish to monitor execution risk around the sizeable capital program and the timing of new assets entering service, as any delays or cost overruns could affect the economic outcomes of these projects.
ナラティブの更新 • May 15EPD: Export Demand And Gas Marketing Strength Will Shape Forward ReturnsNarrative Update The analyst price target for Enterprise Products Partners has moved from $40.05 to $40.85 as analysts factor in stronger recent gas marketing results, more constructive long term commentary on U.S. energy export demand, and updated midstream models that reflect recent earnings and commodity price inputs. Analyst Commentary Recent research points to a generally constructive view on Enterprise Products Partners, with a series of higher price targets following the latest earnings and model updates across the midstream sector.
Seeking Alpha • May 06Enterprise Products Partners: Rating Downgraded As Yield Nears 10-Year LowSummary Enterprise Products Partners is downgraded to Hold as growth catalysts are now fully priced in. EPD's Q1 2026 earnings report revealed strong near- and long-term growth drivers, including increased capex and a robust project pipeline. The current yield has compressed to 5.66%, near the lowest levels in a decade, reflecting heightened valuation risk. With a forward P/E of 13.4x and PEGY at 1.4x, the company trades with a limited margin of safety. Read the full article on Seeking Alpha
Reported Earnings • Apr 29First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.68 (up from US$0.64 in 1Q 2025). Revenue: US$14.4b (down 6.7% from 1Q 2025). Net income: US$1.48b (up 7.4% from 1Q 2025). Profit margin: 10% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 28Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$53.3b to US$59.2b. EPS estimate unchanged at US$2.87. Net income forecast to grow 8.9% next year vs 37% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$39.33 to US$40.15. Share price rose 3.4% to US$38.47 over the past week.
Upcoming Dividend • Apr 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 14 May 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.3%).
ライブニュース • May 16Enterprise Products Partners Tops Q1 Revenue Forecasts and Expands Growth Project PipelineEnterprise Products Partners reported first-quarter 2026 revenue ahead of expectations and an 8% year-over-year increase in operating income, supported by operational improvements and new asset integration. The partnership has two additional natural gas processing facilities planned in the Permian Basin for 2027 and is currently constructing US$5.3b of major capital projects, including pipeline and export terminal expansions. Enterprise raised its 2026 growth capital expenditure budget to a range of US$2.3b to US$2.6b, while maintaining a leverage ratio of 3.2x and holding US$3.3b in available credit capacity and unrestricted cash, and it reports no major planned downtime ahead for its PDH plants following maintenance. The combination of above-expectation revenue, higher operating income and a large, funded project backlog indicates a company that is actively building out its midstream footprint while keeping balance sheet metrics in check. Investors may wish to monitor execution risk around the sizeable capital program and the timing of new assets entering service, as any delays or cost overruns could affect the economic outcomes of these projects.
ナラティブの更新 • May 15EPD: Export Demand And Gas Marketing Strength Will Shape Forward ReturnsNarrative Update The analyst price target for Enterprise Products Partners has moved from $40.05 to $40.85 as analysts factor in stronger recent gas marketing results, more constructive long term commentary on U.S. energy export demand, and updated midstream models that reflect recent earnings and commodity price inputs. Analyst Commentary Recent research points to a generally constructive view on Enterprise Products Partners, with a series of higher price targets following the latest earnings and model updates across the midstream sector.
Seeking Alpha • May 06Enterprise Products Partners: Rating Downgraded As Yield Nears 10-Year LowSummary Enterprise Products Partners is downgraded to Hold as growth catalysts are now fully priced in. EPD's Q1 2026 earnings report revealed strong near- and long-term growth drivers, including increased capex and a robust project pipeline. The current yield has compressed to 5.66%, near the lowest levels in a decade, reflecting heightened valuation risk. With a forward P/E of 13.4x and PEGY at 1.4x, the company trades with a limited margin of safety. Read the full article on Seeking Alpha
Reported Earnings • Apr 29First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.68 (up from US$0.64 in 1Q 2025). Revenue: US$14.4b (down 6.7% from 1Q 2025). Net income: US$1.48b (up 7.4% from 1Q 2025). Profit margin: 10% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Apr 28Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from US$53.3b to US$59.2b. EPS estimate unchanged at US$2.87. Net income forecast to grow 8.9% next year vs 37% growth forecast for Oil and Gas industry in the US. Consensus price target up from US$39.33 to US$40.15. Share price rose 3.4% to US$38.47 over the past week.
Upcoming Dividend • Apr 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 14 May 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.3%).
ナラティブの更新 • Apr 24EPD: Clustered Rating Shifts And Modest Buybacks Will Shape Forward ReturnsAnalysts have increased their blended price target on Enterprise Products Partners by about $0.90 to $40.05, citing updated models that incorporate slightly higher revenue expectations, a modestly different profit margin profile, and a revised future P/E multiple. Analyst Commentary Recent Street research on Enterprise Products Partners shows a cluster of price target revisions and rating changes.
Declared Dividend • Apr 12Fourth quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 30th April 2026 Payment date: 14th May 2026 Dividend yield will be 5.9%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (160% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 10Enterprise Products Partners L.P. Declares Quarterly Distribution for First Quarter of 2026, Payable on May 14, 2026Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2026 of $0.55 per unit, or $2.20 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2026, to common unitholders of record as of the close of business April 30, 2026. This distribution represents a 2.8% increase over the distribution declared with respect to the first quarter of 2025.
ナラティブの更新 • Apr 09EPD: Mixed Rating Revisions And Modest Buybacks Will Shape Forward Return ProfileAnalyst price targets for Enterprise Products Partners have been lifted by several firms, and the framework here updates fair value from $38.24 to $39.14 as analysts factor in revised revenue growth assumptions, modestly different margin expectations, and slightly higher target P/E multiples after recent Q4 and midstream sector model updates. Analyst Commentary Street research on Enterprise Products Partners has been active, with several firms revisiting their models and price targets after Q4 results and broader midstream sector updates.
お知らせ • Apr 09Enterprise Products Partners L.P. to Report Q1, 2026 Results on Apr 28, 2026Enterprise Products Partners L.P. announced that they will report Q1, 2026 results Pre-Market on Apr 28, 2026
ナラティブの更新 • Mar 26EPD: Higher Payouts And Mixed Rating Shifts Will Shape Forward Return PotentialAnalysts have raised their average price target for Enterprise Products Partners to about $38.24 from $37.30, reflecting a series of recent target increases into the high $30s and low $40s as they update models for earnings, profit margins and target P/E multiples. Analyst Commentary Recent research on Enterprise Products Partners highlights a mix of constructive and cautious views as firms refresh their models after Q4 results and updated sector assumptions.
ナラティブの更新 • Mar 12EPD: Higher Payouts And Buybacks Will Support Measured Forward Return PotentialAnalysts have lifted their blended price target for Enterprise Products Partners slightly, with our fair value estimate moving from $36.65 to $37.30. This reflects refreshed models after recent Q4 earnings updates, modestly lower discount rate assumptions, and updated P/E expectations across several research firms that have raised targets into the $39 to $41 range.
Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.66 (down from US$2.69 in FY 2024). Revenue: US$52.6b (down 6.4% from FY 2024). Net income: US$5.81b (flat on FY 2024). Profit margin: 11% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブの更新 • Feb 26EPD: Buybacks And Steady Distributions Will Shape Balanced Forward Return PotentialEnterprise Products Partners' fair value estimate edges up by $0.05 to $36.65, reflecting a series of recent price target increases from multiple banks as analysts factor in their updated views on discount rates, long term growth, and P/E assumptions. Analyst Commentary Recent research updates on Enterprise Products Partners show a mix of optimism on valuation upside and caution around future unit performance, even as several banks adjust their price targets higher.
Recent Insider Transactions Derivative • Feb 20Key Executive exercised options and sold US$7.0m worth of stockOn the 16th of February, Randa Duncan Williams exercised options to acquire 190k shares at no cost and sold these for an average price of US$36.75 per share. This trade did not impact their existing holding. Since March 2025, Randa's direct individual holding has increased from 22.80m shares to 22.85m. Company insiders have collectively sold US$21m more than they bought, via options and on-market transactions in the last 12 months.
新しいナラティブ • Feb 20The Toll-Booth of the Energy TransitionIn a 2026 market haunted by the "Top 10 Concentration Problem" in the S&P 500, EPD stands as a monument to Structural Cash Flow. While tech investors chase volatile multiples, EPD has quietly built a midstream empire moving 12M+ barrels of energy equivalents daily.
ナラティブの更新 • Feb 12EPD: Buybacks And Steady Distributions Will Drive Measured Forward Return PotentialAnalysts have raised their average price target on Enterprise Products Partners by about $1 to $36.60, citing updated assumptions around revenue growth, profitability, and P/E expectations reflected across recent target increases from multiple firms. Analyst Commentary Recent research on Enterprise Products Partners reflects a mix of optimism on earnings power and caution around relative upside, with multiple price target revisions and a new rating downgrade shaping the debate.
Reported Earnings • Feb 04Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: US$2.66 (down from US$2.69 in FY 2024). Revenue: US$52.6b (down 6.4% from FY 2024). Net income: US$5.81b (flat on FY 2024). Profit margin: 11% (in line with FY 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. Independent Director of Enterprise Products Holdings LLC Becca Followill was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
ナラティブの更新 • Jan 29EPD: Buyback Potential And Distribution Growth Will Support Balanced Forward ReturnsAnalysts lifted their price target on Enterprise Products Partners slightly to $35.55 from $35.50, reflecting small tweaks to long term assumptions on the discount rate, revenue growth, profit margins, and future P/E, after a mix of recent research that includes a higher Scotiabank target, a Wolfe Research downgrade, and a Hold initiation with a US$33 target at Jefferies. Analyst Commentary Recent research on Enterprise Products Partners sends a mixed message, with some analysts more optimistic on the units and others taking a more cautious stance.
Upcoming Dividend • Jan 26Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 30 January 2026. Payment date: 13 February 2026. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 6.7%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.8%).
ナラティブの更新 • Jan 15EPD: Buyback Authorization And Distribution Increases Will Support Measured Future ReturnsNarrative Update Analysts have nudged their fair value estimate for Enterprise Products Partners slightly lower to about US$35.50 per unit, reflecting more cautious revenue growth assumptions, modestly adjusted P/E expectations, and recent research that sees solid quality but limited potential for strong unit outperformance without a clear buyback catalyst. Analyst Commentary Recent commentary around Enterprise Products Partners has turned more cautious, with one downgrade and a new Hold initiation reinforcing a view that quality is intact but upside may be more limited at current levels.
Declared Dividend • Jan 12Third quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 30th January 2026 Payment date: 13th February 2026 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (152% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 08+ 1 more updateEnterprise Products Partners L.P. to Report Q4, 2025 Results on Feb 03, 2026Enterprise Products Partners L.P. announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026
お知らせ • Dec 17Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD).Exxon Mobil Corporation (NYSE:XOM) executed an agreement to acquire 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD) for $650 million on November 20, 2025. Pursuant to the agreement, ExxonMobil will contribute its proportionate share of Bahia project costs to date, or approximately $650 million, subject to customary adjustments. The closing of the transaction is subject to regulatory approvals. The transaction is expected by early 2026. Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of 40% stake in Bahia Natural Gas Liquids Pipeline from Enterprise Products Partners L.P. (NYSE:EPD) on December 15, 2025.
お知らせ • Nov 22Enterprise Products Partners L.P. Announces Election of Michael C. “Tug” Hanley as Executive Vice President and Chief Commercial Officer,Effective December 1, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner has elected Michael C. “Tug” Hanley as executive vice president and chief commercial officer with responsibility for all commercial functions for the partnership effective December 1, 2025. Mr. Hanley joined Enterprise in 2006. His nearly twenty years of experience includes roles of increasing responsibility across our commercial businesses as well as the partnership’s scheduling, distribution and logistics functions. Enterprise’s commercial leadership team, which includes James P. Bany, senior vice president Crude Oil Pipeline and Terminals; F. Christopher D’Anna, senior vice president Petrochemical Services; Natalie K. Gayden, senior vice president Natural Gas; Justin Kleiderer, senior vice president Pipelines and Terminals; Zachary S. Strait senior vice president Unregulated NGLs and Tyler A. Cott, senior vice president Hydrocarbon Marketing, will report to Mr. Hanley who in turn will report to A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner.
ナラティブの更新 • Nov 18EPD: Shareholder Returns Will Increase With Buyback Plan Amid Commodity HeadwindsAnalysts have slightly lowered their price target for Enterprise Products Partners, trimming it by $0.22 to reflect anticipated near-term commodity challenges and a shift toward a more muted business outlook. Analyst Commentary Recent analyst updates on Enterprise Products Partners reflect a cautious but balanced outlook, with revised price targets and observations centered on valuation, operational consistency, and shifting investor priorities.
Reported Earnings • Nov 02Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$0.61 (down from US$0.65 in 3Q 2024). Revenue: US$12.0b (down 13% from 3Q 2024). Net income: US$1.34b (down 4.6% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
Declared Dividend • Oct 10Second quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 31st October 2025 Payment date: 14th November 2025 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 08+ 1 more updateEnterprise Products Partners L.P. Declares Quarterly Distribution, Payable on November 14, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the third quarter of 2025 of $0.545 per unit, or $2.18 per unit on an annualized basis. The quarterly distribution will be paid November 14, 2025, to common unitholders of record as of the close of business October 31, 2025. This distribution represents a 3.8% increase over the distribution declared with respect to the third quarter of 2024.
お知らせ • Aug 23Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY).Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction. Enterprise Products Partners L.P. (NYSE:EPD) completed the acquisition of Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) on August 22, 2025. Enterprise Products Partners L.P. completed the acquisition of Midland Basin gas gathering assets for $580 million in cash consideration on a debt-free transaction. Troutman Pepper Locke and Sidley Austin LLP served as legal advisors to Enterprise, and Skadden, Arps, Slate, Meagher & Flom LLP and Taylor Pullins, Chad McCormick, Neil Clausen, Jason McCoy and George Paul of White & Case LLP served as legal advisors to Occidental.
お知らせ • Aug 07Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million.Enterprise Products Partners L.P. (NYSE:EPD) entered into an agreement to acquire Midland Basin gas gathering assets of Occidental Petroleum Corporation (NYSE:OXY) for $580 million in July 2025. A cash consideration of $580 million will be paid towards the assets of Midland Basin gas gathering assets. The transaction is subject to customary closing conditions and regulatory approval, including the expiration or termination of the Hart-Scott-Rodino Act waiting period. The expected completion of the transaction is in the third quarter of 2025. The proceeds from the sale will be used for debt reduction.
Reported Earnings • Jul 29Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.67 (up from US$0.63 in 2Q 2024). Revenue: US$11.4b (down 16% from 2Q 2024). Net income: US$1.47b (up 5.8% from 2Q 2024). Profit margin: 13% (up from 10% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Jul 25Upcoming dividend of US$0.55 per shareEligible shareholders must have bought the stock before 31 July 2025. Payment date: 14 August 2025. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 6.8%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (4.0%).
Declared Dividend • Jul 11First quarter dividend of US$0.55 announcedShareholders will receive a dividend of US$0.55. Ex-date: 31st July 2025 Payment date: 14th August 2025 Dividend yield will be 6.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 09+ 1 more updateEnterprise Products Partners L.P. to Report Q2, 2025 Results on Jul 28, 2025Enterprise Products Partners L.P. announced that they will report Q2, 2025 results Pre-Market on Jul 28, 2025
Reported Earnings • Apr 29First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.64 (down from US$0.66 in 1Q 2024). Revenue: US$15.4b (up 4.5% from 1Q 2024). Net income: US$1.39b (down 3.3% from 1Q 2024). Profit margin: 9.0% (in line with 1Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Apr 24Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 14 May 2025. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 6.8%. Within top quartile of American dividend payers (5.0%). Higher than average of industry peers (4.2%).
Seeking Alpha • Apr 11Enterprise Products Partners Is On Sale Again And A Top Income IdeaSummary Enterprise Products Partners L.P.'s unit price drop is a buying opportunity, offering a 7%+ yield with a 26-year track record of increasing distributions. EPD's fee-based revenue model ensures stable cash flow, making it a reliable income investment despite market volatility and geopolitical events. EPD is expanding its infrastructure with $7.6 billion in projects, enhancing capacity and efficiency, particularly in the Permian Basin. EPD's diversified revenue streams and strategic growth projects position it well to benefit from increasing global energy demand and data center expansion. Read the full article on Seeking Alpha
Declared Dividend • Apr 10Fourth quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 30th April 2025 Payment date: 14th May 2025 Dividend yield will be 7.3%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (130% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 08+ 1 more updateEnterprise Products Partners L.P. Declares Quarterly Distribution for the First Quarter of 2025, Payable on May 14, 2025Enterprise Products Partners L.P. announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2025 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2025, to common unitholders of record as of the close of business April 30, 2025. This distribution represents a 3.9% increase over the distribution declared with respect to the first quarter of 2024.
Seeking Alpha • Mar 18Why I Like Enterprise Products Partners Better Than Williams CompaniesSummary I expect a boost in domestic natural gas production and more favorable regulations ahead. This view has led me to feel bullish toward stocks with a large exposure to natural gas such as EPD and WMB. WMB is a solid investment. Its higher valuation ratios can be justified to a large extent by its better growth and profitability metrics. However, I see an even strong return/risk profile in EPD due to its lower valuation even when adjusted for growth and dividends, better consistency, and higher current yield. Read the full article on Seeking Alpha
Seeking Alpha • Feb 22Enterprise Products Partners: A Great Opportunity Relative To Other Similar FirmsSummary Enterprise Products Partners is a solid 'buy' due to its attractive valuation, low leverage, and robust cash flow. The company has significant growth potential, with planned capital investments of $4-4.5 billion in 2025 and $2-2.5 billion in 2026. Enterprise Products Partners boasts a high yield of 6.50%, making it one of the top yielding firms in its sector. Despite some segments underperforming, overall financial metrics improved year-over-year, driven by strong performance in the NGL and Natural Gas segments. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Feb 20Key Executive exercised options and sold US$5.1m worth of stockOn the 16th of February, Richard Bachmann exercised options to acquire 151k shares at no cost and sold these for an average price of US$33.72 per share. This trade did not impact their existing holding. Since March 2024, Richard's direct individual holding has decreased from 2.00m shares to 1.98m. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 13My Highest Conviction Big Yield: Why I Love 6%-Yielding Enterprise Products PartnersSummary Enterprise Products Partners L.P. has been a big winner for me. However, I remain very confident in its forward prospects. I share 5 reasons why I still like EPD stock prospects. Read the full article on Seeking Alpha
Seeking Alpha • Feb 06Enterprise Products Partners: Doubling Down On This 6.5%-Yielding Juggernaut NowSummary Last month, Enterprise Products Partners upped its distribution once again. The midstream giant has plenty of major capital projects under development to drive future growth. Enterprise Products Partners maintains the distinction of being the only A-rated player in its space. The partnership's units look to still be trading at a 13% discount to fair value. Enterprise Products Partners appears poised to deliver 40%+ cumulative total returns through 2027. Read the full article on Seeking Alpha
Reported Earnings • Feb 04Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$2.69 (up from US$2.52 in FY 2023). Revenue: US$56.2b (up 13% from FY 2023). Net income: US$5.90b (up 7.6% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
Upcoming Dividend • Jan 24Upcoming dividend of US$0.54 per shareEligible shareholders must have bought the stock before 31 January 2025. Payment date: 14 February 2025. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 6.3%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (3.8%).
Declared Dividend • Jan 10Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 31st January 2025 Payment date: 14th February 2025 Dividend yield will be 6.5%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 08+ 1 more updateEnterprise Products Partners L.P. to Report Q4, 2024 Results on Feb 04, 2025Enterprise Products Partners L.P. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025
Seeking Alpha • Dec 30Enterprise Products Partners: Surprising Beneficiary Of The New Political LandscapeSummary Enterprise Products Partners L.P. has rallied by double-digits post-election and has finally returned to pre-pandemic levels. Management continues to manage the company with a conservative balance sheet. Management anticipates significant CapEx growth in 2025, and I expect spending to remain elevated given the new administration. I remain bullish on units moving forward given the high yield and attractive setup. Read the full article on Seeking Alpha
Seeking Alpha • Dec 23Enterprise Products Partners: A 7% Yield Is Available AgainSummary Enterprise Products Partners offers a 7% yield, attractive valuation, and consistent distributable cash flow growth, making it a strong buy for dividend investors. The firm’s diversified energy assets and long-term contracts provide predictable cash flows and solid distribution coverage. Recent Piñon Midstream acquisition enhances distributable cash flow, supporting future distribution growth and capital returns. Despite market pullback, EPD's commitment to increasing distributions and capital returns makes it a compelling long-term investment. Read the full article on Seeking Alpha
Seeking Alpha • Dec 13Enterprise Products Partners: Bridging The Energy Transition GapSummary EPD leverages its extensive natural gas and NGL infrastructure to support the global shift to cleaner energy. EPD’s integration and growth projects position it to thrive amid energy transition challenges. Closing paragraphs emphasize long-term growth potential and solid management execution. DCF analysis indicates a 47% upside, with a fair value of $48.32. Read the full article on Seeking Alpha
Seeking Alpha • Dec 04Enbridge Vs. Enterprise Products Partners: Why I'm Buying One Of These 6% Yielding Dividend Aristocrats In 2025Summary Enbridge and Enterprise Products Partners are top-tier midstream companies, akin to Coke and Pepsi, offering robust dividends and stable cash flows. Both companies have extensive pipeline networks and diversified contracted revenue streams, making them resilient to economic and energy price fluctuations. Enbridge's strategic acquisitions and Enterprise's strong balance sheet enhance their long-term growth prospects, which analysts estimate at 6% to 7% long term. EPD and ENB are nearly perfectly matched for safety, quality, risk management, and credit ratings. You can't go wrong with either. In the short term, EPD has more growth potential and slightly better valuation, but in the long term, ENB and EPD are almost perfectly matched. I'm sticking with ENB because the bond market indicates ENB's growth outlook extends for nearly 100 years. Read the full article on Seeking Alpha
Seeking Alpha • Nov 20Enterprise Products Partners: Still A Great Prospect In A Great IndustrySummary Enterprise Products Partners is a solid midstream/pipeline company with a vast network and consistent financial performance, making it an attractive 'buy' despite recent underperformance. The company boasts impressive revenue growth, particularly in its NGL Pipelines & Services and Petrochemical & Refined Products Services segments, with significant increases in volumes and cash flows. Enterprise Products Partners is undervalued compared to peers, with low leverage and high yield, making it appealing for yield-oriented investors. The firm has a strong history of returning capital to shareholders and plans substantial future growth investments, ensuring continued cash flow growth. Read the full article on Seeking Alpha
Seeking Alpha • Nov 01Enterprise Products Partners Q3: AI Energy Demand In FocusSummary Enterprise Products Partners L.P.’s Q3 financials showed some unevenness when compared to consensus estimates. Here, I want to urge you to look past the quarterly fluctuations and focus on the underlying business developments. Its ongoing CAPEX projects and expansion of AI technologies led me to see that it is well-positioned to capitalize on the surging energy demand in the years to come. Read the full article on Seeking Alpha
Reported Earnings • Oct 29Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: US$0.65 (up from US$0.60 in 3Q 2023). Revenue: US$13.8b (up 15% from 3Q 2023). Net income: US$1.42b (up 8.5% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Oct 29+ 1 more updateEnterprise Products Partners L.P. Completes Phase 2 of TW Products SystemEnterprise Products Partners L.P. announced that its refined products truck terminal serving the Grand Junction, Colorado and Moab, Utah areas is now in service, marking the completion of the second phase of the company's Texas Western Products system. Located in Grand County, Utah, the facility features storage capacity of 400,000 barrels for gasoline and diesel and can load trucks at a rate of up to 20,000 barrels per day. In addition, the terminal is strategically located with direct access to Interstate 70, allowing it to serve markets in both eastern Utah and western Colorado. The new terminal joins three other facilities that began service earlier in 2024, which are located in Gaines County, Texas and the Jal and Albuquerque areas in New Mexico. Combined, the four terminals offer 1.5 million barrels of refined products storage capacity and can load up to 63,000 BPD.
Seeking Alpha • Oct 24Enterprise Products Partners: Expecting A Solid Quarter, Monitoring MomentumSummary I maintain a buy rating on Enterprise Products Partners stock due to its undervaluation, strong technical chart, and compelling 7.3% forward dividend yield. Despite a modest Q2 earnings miss, EPD has shown resilience with ongoing buybacks, a 5% distribution increase, and a solid balance sheet. Key risks include NGL market volatility, rising competition, ESG challenges, and managing debt amid rising interest rates. EPD's technicals are favorable, with a rising 200-day moving average and support near $28, though resistance remains in the low $30s. Read the full article on Seeking Alpha
Upcoming Dividend • Oct 24Upcoming dividend of US$0.53 per shareEligible shareholders must have bought the stock before 31 October 2024. Payment date: 14 November 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 7.2%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.0%).
Seeking Alpha • Oct 05Enterprise Products Partners: Powering Profits With Midstream MasterySummary Enterprise Products Partners' strong asset base, resilient fee-based cash flows, and industry-leading balance sheet make it a compelling investment in the energy midstream space. It's demonstrating strong adjusted EBITDA growth, and has a 7.1% yield with a solid DCF-to-distribution coverage of 1.6x. The Piñon Midstream acquisition and $6.7 billion in capital projects position EPD for continued growth in NGL, natural gas, and petrochemical capacity. Read the full article on Seeking Alpha
Declared Dividend • Oct 04Second quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 31st October 2024 Payment date: 14th November 2024 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (126% cash payout ratio). The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 02+ 1 more updateEnterprise Products Partners L.P. to Report Q3, 2024 Results on Oct 29, 2024Enterprise Products Partners L.P. announced that they will report Q3, 2024 results Pre-Market on Oct 29, 2024
Seeking Alpha • Sep 17Enterprise Products Partners: Rare Insider BuysSummary Recent insider purchases, especially those by the company's co-CEO, reflect the stock’s attractive return potential amid an expensive equity market. Insider transactions in the broader market are dominated by insider selling. Market consensus points to a gloomy ~2.5% EPS growth rate in the next few years. This underestimates EPD's growth potential substantially and creates a price-value gap. Read the full article on Seeking Alpha
Seeking Alpha • Sep 09Enterprise Products Partners Yielding 7.23% Is A Gift Heading Into Rate CutsSummary Enterprise Products Partners is undervalued and offers a high single-digit yield, making it attractive for income investors in a lower-rate environment. EPD's strong distribution history, with 26 years of consecutive increases, and a 1.6x coverage ratio, highlights its reliability and potential for future growth. The company's significant growth projects and increased utilization rates position it well to meet rising energy demands and enhance distributable cash flow. Despite risks from regulatory changes and renewable energy adoption, EPD's robust asset network and operational efficiency make it a compelling investment for income and capital appreciation. Read the full article on Seeking Alpha
Seeking Alpha • Aug 23Enterprise Products Partners: A Fat 7% Yield And An Acquisition CatalystSummary Enterprise Products Partners is a large midstream enterprise with growing EBITDA and distributable cash flow, supported by a strong distribution coverage ratio. EPD is expanding its footprint in the Delaware basin and experiencing solid growth in its NGL and natural gas pipeline business. The midstream firm just announced another acquisition for $950M, which will make a positive contribution to its NGL segment. Despite regulatory risks, EPD offers a well-supported 7% yield and is moderately valued, making it an attractive investment for income investors. Read the full article on Seeking Alpha
お知らせ • Aug 22Enterprise Products Partners L.P. (NYSE:EPD) signed a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital, LLC for $950 million.Enterprise Products Partners L.P. (NYSE:EPD) signed a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital, LLC for $950 million in a debt-free transaction on August 21, 2024. A cash consideration of $950 million will be paid by Enterprise Products Partners L.P. The transaction is expected to be funded using cash on hand and borrowings under Enterprise’s existing commercial paper and bank credit facilities. The transaction is subject to approval by regulatory board. This transaction is expected to be completed in the fourth quarter of 2024. Piper Sandler & Co. acted as financial advisor for Piñon Midstream, LLC. Kirkland & Ellis LLP acted as legal advisor for Piñon Midstream, LLC. Locke Lord LLP acted as legal advisor for Enterprise Products Partners L.P. Sidley Austin LLP acted as legal advisor for Enterprise Products Partners L.P.
新しいナラティブ • Aug 19New Plants And Expansions Fuel Future Growth In Natural Gas Sector New natural gas processing plants and the NGL fractionator boost operational efficiency and volume, suggesting positive future revenue and net margin impacts.
Seeking Alpha • Aug 14Enterprise Products Partners: 4 Reasons To Add It To Your High-Yield PortfolioSummary EPD remains my top conviction pick for income-oriented investors. The stable business model, growth opportunities, and strong balance sheet suggest a double-digit upside might be ahead. EPD is trading at a relatively cheap valuation and is partially responsible for the well-covered, attractive 7.5% distribution. Following a 6.5% pullback from $30, this weakness might be the time to add and set for market-beating returns. Read the full article on Seeking Alpha
Seeking Alpha • Aug 08Enterprise Products Partners: Ignore Fed Decisions And Collect A 7+% YieldSummary Enterprise Products Partners is a large midstream company with a market cap of over $60 billion and a dividend yield of over 7%. The company has strong financials, with low leverage and high cash flow, supporting shareholder returns and growth capital investments. Despite being an MLP, the company's ability to generate substantial shareholder returns through dividends and investments makes it a valuable long-term investment. Read the full article on Seeking Alpha
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: US$0.64 (up from US$0.57 in 2Q 2023). Revenue: US$13.5b (up 27% from 2Q 2023). Net income: US$1.41b (up 13% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 1.9%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 9% per year.
Seeking Alpha • Jul 30Enterprise Products Partners: Another Quarter Of Cash Flows And DistributionsSummary Enterprise Products Partners reported strong Q2 earnings with more than 10% growth in gross operating margin and EBITDA, led by the NGL segment. Capital expenditures were slightly higher than expected, with cash flow and volume growth in areas where capex was invested. The balance sheet is in good shape, with leverage at 3x EBITDA and the ability to return cash to shareholders through increases in 7% distribution and unit buybacks. Read the full article on Seeking Alpha
Seeking Alpha • Jul 207% Yield Dividend Aristocrat I Am Buying With Both Hands: Enterprise Products PartnersSummary Enterprise Products Partners L.P. is a leading midstream company in the US with operations centered in Texas near low-cost basins. The company has a strong debt rating, allowing for low interest rates and access to more debt for growth projects. With a history of increasing shareholder returns, the company is well-positioned for long-term growth and income potential. Read the full article on Seeking Alpha
Seeking Alpha • Jul 15Enterprise Products Partners: Fueling Dividends Through Increased Natural Gas DemandSummary Enterprise Products Partners is my top choice for exposure to MLPs due to its consistent performance history and strong distribution coverage. The dividend yield sits at 7.1% and is well-supported by distributable cash flows, with a coverage ratio of 1.7x. Despite an already high yield, the dividend has increased at a CAGR of 3.8% over the last decade. This makes EPD a great pick for compounding income. Natural gas demand is estimated to continually increase through 2030. EPD plans to spend $3.25B throughout 2024 to ensure they can capitalize on growing demand. Read the full article on Seeking Alpha
Declared Dividend • Jul 14First quarter dividend of US$0.53 announcedShareholders will receive a dividend of US$0.53. Ex-date: 31st July 2024 Payment date: 14th August 2024 Dividend yield will be 7.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 11+ 1 more updateEnterprise Products Partners L.P. to Report Q2, 2024 Results on Jul 30, 2024Enterprise Products Partners L.P. announced that they will report Q2, 2024 results Pre-Market on Jul 30, 2024
Seeking Alpha • Jun 28Enterprise Products Partners: An AI Data Center Energy Play Paying You 7%Summary Enterprise Products Partners is a well-run midstream firm with considerable excess distribution coverage. Heavy investments into energy-intensive AI Data Centers indicate a catalyst for growing energy demand. Large-scale midstream companies with extensive pipeline footprints are uniquely positioned to fill incremental demand growth. EPD has out-performed midstream rivals in terms of distribution growth in the last three years. My fair value for EPD is between $31-34. Read the full article on Seeking Alpha
Seeking Alpha • Jun 21Enterprise Products Partners: Underperforming, But This Dividend Aristocrat Is A BuySummary EPD is a leading MLP with a strong track record, but has underperformed peers and the S&P 500. EPD's future looks promising with growing EBITDA, sustainable energy demand, and ownership alignment with investors. The proposed Sea Port oil export terminal and upcoming projects position EPD for growth and continued distribution increases. Read the full article on Seeking Alpha
Seeking Alpha • Jun 14Enterprise Products: Battle For The Lucrative Permian NGL Market Is Heating UpSummary Enterprise Products is benefiting from the increasing oil and NGL production in the US, leading to higher demand and pricing for existing midstream capacity. NGL pipeline utilization rates are currently peaking but are expected to decline in 2025 as additional capacity enters the market, leading to more competitive pricing and reduced trading opportunities. EPD's profitability is likely to be capped in the medium term due to a more subdued pricing environment and reduction in price spreads. Read the full article on Seeking Alpha
Seeking Alpha • May 20Enterprise Products Partners: I'm Buying More Of This Quality High-YielderSummary I'm looking to further concentrate my portfolio in 2024 and Enterprise Products Partners is among my top candidates for additional investment. EPD's adjusted EBITDA and operational DCF grew in the first quarter. The midstream operator's leverage ratio was just 3 in the trailing twelve months ended March 31. Units of EPD are priced 13% below my fair value estimate. The company's total return prospects could be healthy in the years ahead. Read the full article on Seeking Alpha
Reported Earnings • May 01First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2024 results: EPS: US$0.66 (up from US$0.63 in 1Q 2023). Revenue: US$14.8b (up 19% from 1Q 2023). Net income: US$1.46b (up 5.7% from 1Q 2023). Profit margin: 9.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • May 01Enterprise Products Partners: The Growth Part Of The Cycle ArrivesSummary Enterprise Products Partners is increasing its capital spending. The company's projects, such as the SPOT project, are progressing well, and there may be more potential projects in the planning stage. The growing capital expenditures are impacting the company's free cash flow. The free cash flow calculation includes the entire capital budget. The capital budget should continue to increase as the future unfolds. All volumes handled were up in the current quarter. Read the full article on Seeking Alpha
Upcoming Dividend • Apr 22Upcoming dividend of US$0.52 per shareEligible shareholders must have bought the stock before 29 April 2024. Payment date: 14 May 2024. Payout ratio and cash payout ratio are on the higher end at 79% and 100% respectively. Trailing yield: 7.1%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.9%).
Seeking Alpha • Apr 10Hot Inflation? Enterprise Products Stock Can HelpSummary March's CPI data shows a 0.4% increase, exceeding expectations, with energy cost as a main driver. Enterprise Products Partners L.P. offers attractive dividends that can help hedge against inflation. Moreover, EPD's dividend growth has outpaced inflation in the long term by a good margin. I see plenty of profit catalysts to help Enterprise Products Partners keep growing earnings and dividends. Read the full article on Seeking Alpha
お知らせ • Apr 10Enterprise Products Partners L.P. Receives Deepwater Port License for Spot ProjectEnterprise Products Partners L.P. announced that it has received the deepwater port license for the Sea Port Oil Terminal (‘SPOT’) from the United States Maritime Administration (‘MARAD’), an agency within the federal Department of Transportation. The license enables Enterprise to move forward to the next step in developing the offshore terminal capable of loading 2 million barrels per day (‘BPD’) of crude oil. Since the original application for a deepwater port license was submitted in January of 2019, Enterprise has worked diligently with various federal, state and local authorities, and participated in multiple public meetings that have allowed individuals and stakeholder groups to learn about the project and provide their comments to multiple environmental impact studies, including those translated into Spanish and Vietnamese. The exhaustive analysis associated with the project and continuous responses to requests for information from the various agencies produced more than 30,000 pages of documentation. As planned, the SPOT offshore platform would be located approximately 30 nautical miles off the Brazoria County, Texas coast in 115 feet of water, and will be manned 24 hours per day. The facility is designed to load VLCCs and other crude oil tankers up to a rate of 85,000 barrels per hour. In addition, dual 36-inch diameter, bi-directional pipelines would be built that connect to the company’s new Oyster Creek crude oil terminal in Brazoria County that would be constructed approximately 10 miles inland. With a direct connection to Enterprise’s Houston ECHO terminal, as well as the company’s extensive integrated midstream network, SPOT would offer access to more than 40 distinct grades of crude oil, including Midland WTI. SPOT reduces operational risks, including those associated with reverse lightering, an unregulated process in which crude oil is offloaded from multiple smaller ships onto a larger vessel in federal waters off the U.S. Gulf Coast. Limiting reverse lightering, combined with the SPOT platform’s state-of-the-art vapor combustion capabilities, would significantly reduce emissions. MARAD and U.S. Coast Guard led the comprehensive, four-year environmental review of this project. The reviews by more than a dozen federal governmental agencies, including the Army Corps of Engineers and Environmental Protection Agency, as well as reviews and approvals by the State of Texas. Highlighted below, are some of the notable findings from the record of decision, which SPOT received in November 2022: ‘The construction and operation of the Port is in the national interest because the Project will benefit employment, economic growth, and U.S. energy infrastructure resilience and security. The Port will provide a reliable source of crude oil to U.S. allies in the event of market disruption and have a minimal impact on the availability and cost of crude oil in the U.S. domestic market. Construction and operation of an offshore export terminal and the installation of a vapor combustion system at the DWP [deepwater port] will reduce the number of ship-to-ship transfers of crude oil and lessen emissions from conventional crude oil loading, thus providing a more efficient, less impactful crude oil transport facility within the offshore waters of the United States.’ ‘The Project will be constructed and operated using the best available technology. Operating safety and control features of the Project will include autonomous shutdown valves, HIPPs, fire and gas detection, emergency shutdown and safety controls, and process control systems.
Declared Dividend • Apr 08Fourth quarter dividend of US$0.52 announcedShareholders will receive a dividend of US$0.52. Ex-date: 29th April 2024 Payment date: 14th May 2024 Dividend yield will be 6.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 06Enterprise Products Partners L.P. to Report Q1, 2024 Results on Apr 30, 2024Enterprise Products Partners L.P. announced that they will report Q1, 2024 results Pre-Market on Apr 30, 2024
お知らせ • Apr 05Enterprise Products Partners L.P Declares Quarterly Distribution, Payable on May 14, 2024Enterprise Products Partners L.P announced that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis. The quarterly distribution will be paid May 14, 2024, to common unitholders of record as of the close of business Tuesday, April 30, 2024. This distribution represents a 5.1 percent increase over the distribution declared with respect to the first quarter of 2023.
Seeking Alpha • Apr 01Enterprise Products Partners: Tax Features Make It Ideal For Retirees And Savvy InvestorsSummary Enterprise Products Partners offers a good investment opportunity with a chance to compound money in a market where growth stocks are expensive. EPD has a good business with barriers to entry, strong management, outstanding operating results, and a 7% tax deferred yield. The MLP structure avoids double taxation (on the business first, the investor second) and provides strategies that can further sweeten the deal. Read the full article on Seeking Alpha
お知らせ • Mar 13Enterprise 2023 Schedule K-1 Tax Packages Now AvailableEnterprise Products Partners L.P. announced that its 2023 tax packages, including schedule K-1s, are now available online. Information reported on these tax packages could be subject to change given potential retroactive changes in tax law that are still being considered by Congress and the Biden administration. If the Tax Relief for American Families and Workers Act of 2024 (H.R.7024), which passed the House of Representatives on January 31, 2024, and is currently awaiting action in the Senate, were to become law, it may or may not require to make changes to tax reporting for 2023. Such changes may affect the information provided in these tax packages.
Seeking Alpha • Mar 08Enterprise Products Partners: Still A Buy At The Highs Yielding 7.36%Summary Enterprise Products Partners has a strong track record of delivering distribution increases and is expected to benefit from the current energy landscape. OPEC+ production cuts and surging US production are favorable for EPD's midstream operations. EPD's operational efficiencies, disciplined distribution growth, and attractive unit price make it an enticing investment option. Read the full article on Seeking Alpha