Enterprise Products Partners
Market Cap
US$60.1b
Last Updated
2019/10/23 23:37 UTC
Data Sources
Company Financials +
Executive Summary
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.
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Share Price & News
How has Enterprise Products Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.2%
EPD
1.0%
US Oil and Gas
0.07%
US Market
1 Year Return
2.8%
EPD
-16.7%
US Oil and Gas
8.9%
US Market
Return vs Industry: EPD exceeded the US Oil and Gas industry which returned -16.7% over the past year.
Return vs Market: EPD underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| EPD | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 1.0% | 0.07% |
| 30 Day | -6.2% | -4.3% | -0.3% |
| 90 Day | -9.1% | -7.3% | -1.6% |
| 1 Year | 9.4%2.8% | -13.5%-16.7% | 11.3%8.9% |
| 3 Year | 22.8%2.2% | -5.8%-14.4% | 46.3%36.8% |
| 5 Year | -4.6%-27.9% | -23.1%-34.1% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Enterprise Products Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Who Owns Enterprise Products Partners LP (NYSE:EPD)?1 year ago | Simply Wall St
How Financially Strong Is Enterprise Products Partners LP (NYSE:EPD)?1 year ago | Simply Wall St
How Should Investors Feel About Enterprise Products Partners LP.'s (NYSE:EPD) CEO Pay?Valuation
Is Enterprise Products Partners undervalued compared to its fair value and its price relative to the market?
11.89x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EPD ($27.45) is trading above our estimate of fair value ($19.75)
Significantly Below Fair Value: EPD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EPD is poor value based on its PE Ratio (11.9x) compared to the Oil and Gas industry average (9.9x).
PE vs Market: EPD is good value based on its PE Ratio (11.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: EPD is poor value based on its PEG Ratio (5.7x)
Price to Book Ratio
PB vs Industry: EPD is overvalued based on its PB Ratio (2.5x) compared to the US Oil and Gas industry average (0.9x).
Future Growth
How is Enterprise Products Partners forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
2.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EPD's forecast earnings growth (2.1% per year) is below the savings rate (2.7%).
Earnings vs Market: EPD's earnings (2.1% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: EPD's earnings are forecast to grow, but not significantly.
Revenue vs Market: EPD's revenue (2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: EPD's revenue (2% per year) is forecast to grow slower than 20% 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 (19.1%).
Past Performance
How has Enterprise Products Partners performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: EPD's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: EPD's earnings growth over the past year (71.5%) exceeds its 5-year average (11% per year).
Earnings vs Industry: EPD earnings growth over the past year (71.5%) exceeded the Oil and Gas industry 20.6%.
Return on Equity
High ROE: Whilst EPD's Return on Equity (20.65%) is high, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: EPD has a higher Return on Assets than the Oil and Gas industry average last year.
Return on Capital Employed
ROCE Improving: EPD has significantly improved its Return on Capital Employed over the past 3 years.
Financial Health
How is Enterprise Products Partners's financial position?
Financial Position Analysis
Short Term Liabilities: EPD's short term assets ($6.3B) do not cover its short term liabilities ($6.3B)
Long Term Liabilities: EPD's short term assets (6.3B) do not cover its long term liabilities (27.5B)
Debt to Equity History and Analysis
Debt Level: EPD's debt to equity ratio (107.7%) is considered high
Reducing Debt: EPD's debt to equity ratio has reduced from 116.3% to 107.7% over the past 5 years.
Debt Coverage: EPD's debt is well covered by operating cash flow (24.6%).
Interest Coverage: EPD's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
Inventory Level: EPD has a high level of physical assets or inventory.
Debt Coverage by Assets: EPD's debt is not covered by short term assets (assets are 0.2x debt).
Dividend
What is Enterprise Products Partners's current dividend yield, its reliability and sustainability?
6.45%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Enterprise Products Partners before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: EPD's dividend (6.45%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: EPD's dividend (6.45%) is in the top 25% of dividend payers in the US market (3.68%)
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.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.6%), EPD's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EPD's dividends in 3 years are forecast to be covered by earnings (78.3% payout ratio).
Management
What is the CEO of Enterprise Products Partners's salary, the management and board of directors tenure and is there insider trading?
3.8yrs
Average management tenure
CEO
Jim Teague (74yo)
3.8yrs
Tenure
US$8,619,587
Compensation
Mr. A. James Teague, also known as Jim, has been the Chief Executive Officer of Enterprise Products Holdings LLC at Enterprise Products Partners L.P. since January 2016 and has been its Director since Nove ...
CEO Compensation Analysis
Compensation vs. Market: Jim's total compensation ($USD8.62M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.8yrs
Average Tenure
55yo
Average Age
Experienced Management: EPD's management team is considered experienced (3.8 years average tenure).
Board Age and Tenure
5.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: EPD's board of directors are considered experienced (5.5 years average tenure).
Insider Trading
Insider Buying: EPD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$30.00 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director of Enterprise Products Holdings LLC |
| Shares | 10,000 |
| Max Price | US$24.36 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director of Enterprise Products Holdings LLC |
| Shares | 10,000 |
| Max Price | US$24.61 |
| Entity | Individual |
| Role | Member of the Board of Directors Director of Enterprise Products Holdings LLC |
| Shares | 10,000 |
| Max Price | US$25.00 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director of Enterprise Products Holdings LLC |
| Shares | 15,005 |
| Max Price | US$26.34 |
| Entity | Individual |
| Role | Member of the Board of Directors President |
| Shares | 10,000 |
| Max Price | US$26.19 |
| Entity | Individual |
| Role | Member of the Board of Directors Director of Enterprise Products Holdings LLC |
| Shares | 25,000 |
| Max Price | US$26.94 |
Ownership Breakdown
Management Team
Jim Teague (74yo)
CEO & Director of Enterprise Products Holdings LLC
- Tenure: 3.8yrs
- Compensation: US$8.62m
Randy Fowler (62yo)
President
- Tenure: 8.1yrs
- Compensation: US$5.58m
Anthony Chovanec
Senior Vice President of Enterprise Products Holdings LLC
- Tenure: 5.3yrs
Randy Burkhalter
Vice President of Investor Relations
- Tenure: 0yrs
Graham Bacon (55yo)
Executive VP & COO
- Tenure: 4yrs
- Compensation: US$4.30m
Karen Taylor
Senior Vice President of Human Resources - Enterprise Products Holdings LLC
- Tenure: 3.2yrs
Brent Secrest (46yo)
Executive VP & Chief Commercial Officer
- Tenure: 3.4yrs
- Compensation: US$2.87m
Paul Flynn
Senior VP & Chief Information Officer-Enterprise Products Holdings LLC
- Tenure: 14.7yrs
Hap Weitzel (55yo)
Senior VP
- Tenure: 2.9yrs
- Compensation: US$1.71m
Michael Hanson (52yo)
Principal Accounting Officer & VP of Financial Reporting - Enterprise Products Holdings LLC
- Tenure: 3.2yrs
Board Members
Charles McMahen (79yo)
Presiding Director of Enterprise Products Holdings LLC
- Tenure: 0yrs
- Compensation: US$190.00k
Jim Hackett (65yo)
Director of Enterprise Products Holdings LLC
- Tenure: 5.5yrs
- Compensation: US$185.00k
Richard Bachmann (66yo)
Vice Chairman of Enterprise Products Holdings LLC
- Tenure: 3.8yrs
- Compensation: US$491.85k
Jim Teague (74yo)
CEO & Director of Enterprise Products Holdings LLC
- Tenure: 3.8yrs
- Compensation: US$8.62m
Randa Duncan Williams (57yo)
Chairman of Enterprise Products Holdings LLC
- Tenure: 6.7yrs
Dick Snell (76yo)
Director of Enterprise Products Holdings LLC
- Tenure: 8.1yrs
- Compensation: US$170.00k
Randy Fowler (62yo)
President
- Tenure: 8.1yrs
- Compensation: US$5.58m
Carin Barth (56yo)
Director of Enterprise Products Holdings LLC
- Tenure: 4yrs
- Compensation: US$170.00k
Bill Montgomery (57yo)
Director of Enterprise Products Holdings LLC
- Tenure: 4yrs
- Compensation: US$170.00k
Hap Weitzel (55yo)
Senior VP
- Tenure: 2.9yrs
- Compensation: US$1.71m
Company Information
Enterprise Products Partners L.P.'s company bio, 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
- Market Cap: US$60.088b
- Shares outstanding: 2.19b
- Website: https://www.enterpriseproducts.com
Location
- Enterprise Products Partners L.P.
- 1100 Louisiana Street
- 10th Floor
- Houston
- Texas
- 77002
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EPD | NYSE (New York Stock Exchange) | Yes | Common Units | US | USD | Jul 1998 |
| EPD | DB (Deutsche Boerse AG) | Yes | Common Units | DE | EUR | Jul 1998 |
| 0S23 | LSE (London Stock Exchange) | Yes | Common Units | GB | USD | Jul 1998 |
Biography
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 oper ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:37 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.