Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 1/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 6/6 |
EPD Stock Overview
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.
Enterprise Products Partners Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$27.34 |
52 Week High | US$27.65 |
52 Week Low | US$20.42 |
Beta | 1.12 |
1 Month Change | 5.56% |
3 Month Change | 17.19% |
1 Year Change | 16.19% |
3 Year Change | -2.01% |
5 Year Change | 1.98% |
Change since IPO | 408.65% |
Recent News & Updates
Enterprise Products Partners: A SWAN Midstream Operator At A Discount
EPD is the best-run midstream operator and has a wide moat through its irreplaceable asset base. Units are still undervalued at 7x cash flows and have a 7.1% yield. The distribution is very safe, with 1.8x coverage and a 23-year streak of increases.
Enterprise Products Partners Continues To Have Strong Potential
Enterprise Products Partners has one of the best management teams in the midstream industry with an almost $100 billion EV. The company's financial picture is strong, but that strength means it tends to trade at a more expensive valuation. We expect the company to continue generating high-single-digit to low-double-digit shareholder returns.
2 Sky-High Safe Yields: Western Midstream And Enterprise Products Partners
EPD just reported Q1 results and we break down how it impacts our investment thesis. WES has not yet reported, but is a compelling buy at the moment. We look at the valuations for both and discuss which one we find more attractive at the moment.
Shareholder Returns
EPD | US Oil and Gas | US Market | |
---|---|---|---|
7D | 2.7% | 5.5% | 1.0% |
1Y | 16.2% | 60.5% | -15.1% |
Return vs Industry: EPD underperformed the US Oil and Gas industry which returned 58.6% over the past year.
Return vs Market: EPD exceeded the US Market which returned -13.2% over the past year.
Price Volatility
EPD volatility | |
---|---|
EPD Average Weekly Movement | 2.7% |
Oil and Gas Industry Average Movement | 8.3% |
Market Average Movement | 7.8% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 2.9% |
Stable Share Price: EPD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EPD's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1968 | n/a | Jim Teague | https://www.enterpriseproducts.com |
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services.
Enterprise Products Partners Fundamentals Summary
EPD fundamental statistics | |
---|---|
Market Cap | US$59.61b |
Earnings (TTM) | US$4.55b |
Revenue (TTM) | US$44.66b |
13.1x
P/E Ratio1.3x
P/S RatioIs EPD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
EPD income statement (TTM) | |
---|---|
Revenue | US$44.66b |
Cost of Revenue | US$38.76b |
Gross Profit | US$5.90b |
Other Expenses | US$1.35b |
Earnings | US$4.55b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.09 |
Gross Margin | 13.22% |
Net Profit Margin | 10.19% |
Debt/Equity Ratio | 110.5% |
How did EPD perform over the long term?
See historical performance and comparisonDividends
6.8%
Current Dividend Yield88%
Payout RatioValuation
Is Enterprise Products Partners undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
20.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EPD ($27.34) is trading below our estimate of fair value ($34.38)
Significantly Below Fair Value: EPD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EPD is good value based on its Price-To-Earnings Ratio (13.1x) compared to the US Oil and Gas industry average (13.6x).
PE vs Market: EPD is good value based on its Price-To-Earnings Ratio (13.1x) compared to the US market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: EPD is poor value based on its PEG Ratio (5.5x)
Price to Book Ratio
PB vs Industry: EPD is overvalued based on its Price-To-Book Ratio (2.3x) compared to the US Oil and Gas industry average (2x).
Future Growth
How is Enterprise Products Partners forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EPD's forecast earnings growth (2.4% per year) is above the savings rate (1.9%).
Earnings vs Market: EPD's earnings (2.4% per year) are forecast to grow slower than the US market (12.1% per year).
High Growth Earnings: EPD's earnings are forecast to grow, but not significantly.
Revenue vs Market: EPD's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: EPD's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EPD's Return on Equity is forecast to be low in 3 years time (18.7%).
Past Performance
How has Enterprise Products Partners performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
9.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EPD has high quality earnings.
Growing Profit Margin: EPD's current net profit margins (10.2%) are lower than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: EPD's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: EPD's earnings growth over the past year (22%) exceeds its 5-year average (9% per year).
Earnings vs Industry: EPD earnings growth over the past year (22%) underperformed the Oil and Gas industry 88.4%.
Return on Equity
High ROE: EPD's Return on Equity (17.7%) is considered low.
Financial Health
How is Enterprise Products Partners's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: EPD's short term assets ($13.0B) do not cover its short term liabilities ($15.4B).
Long Term Liabilities: EPD's short term assets ($13.0B) do not cover its long term liabilities ($28.2B).
Debt to Equity History and Analysis
Debt Level: EPD's net debt to equity ratio (109.7%) is considered high.
Reducing Debt: EPD's debt to equity ratio has increased from 102.7% to 110.5% over the past 5 years.
Debt Coverage: EPD's debt is well covered by operating cash flow (29.3%).
Interest Coverage: EPD's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Dividend
What is Enterprise Products Partners's current dividend yield, its reliability and sustainability?
Dividend Score
6/6Dividend Score 6/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EPD's dividend (6.8%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: EPD's dividend (6.8%) is in the top 25% of dividend payers in the US market (4.06%)
Stability and Growth of Payments
Stable Dividend: EPD's dividends per share have been stable in the past 10 years.
Growing Dividend: EPD's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.7%), EPD's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.2%), EPD's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Jim Teague (76 yo)
2.33yrs
Tenure
US$10,416,514
Compensation
Mr. A. James Teague, also known as Jim, is a Co-Chief Executive Officer at Enterprise Products Holdings LLC, the general Partner of Enterprise Products Partners L.P. since January 28, 2020. Mr. Teague had...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD10.42M) is about average for companies of similar size in the US market ($USD13.26M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EPD's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Experienced Board: EPD's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EPD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Enterprise Products Partners L.P.'s employee growth, exchange listings and data sources
Key Information
- Name: Enterprise Products Partners L.P.
- Ticker: EPD
- Exchange: NYSE
- Founded: 1968
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: US$59.614b
- Shares outstanding: 2.18b
- Website: https://www.enterpriseproducts.com
Location
- Enterprise Products Partners L.P.
- 1100 Louisiana Street
- 10th Floor
- Houston
- Texas
- 77002-5227
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/25 00:00 |
End of Day Share Price | 2022/05/25 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.