Enterprise Products Partners
Market Cap
US$49.9b
Last Updated
2021/04/10 22:08 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
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
Stable Share Price: EPD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EPD's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.7%
EPD
-2.8%
US Oil and Gas
1.6%
US Market
1 Year Return
39.7%
EPD
48.5%
US Oil and Gas
55.3%
US Market
Return vs Industry: EPD underperformed the US Oil and Gas industry which returned 48.5% over the past year.
Return vs Market: EPD underperformed the US Market which returned 55.3% over the past year.
Shareholder returns
| EPD | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | -2.8% | 1.6% |
| 30 Day | -1.8% | -3.9% | 4.1% |
| 90 Day | 7.0% | 18.6% | 5.5% |
| 1 Year | 54.2%39.7% | 58.4%48.5% | 58.1%55.3% |
| 3 Year | 11.2%-11.2% | -14.3%-26.1% | 63.8%53.3% |
| 5 Year | 34.7%-4.6% | -0.1%-19.5% | 120.2%95.7% |
Long-Term 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
2 years ago | Simply Wall St
Who Owns Enterprise Products Partners LP (NYSE:EPD)?2 years ago | Simply Wall St
How Financially Strong Is Enterprise Products Partners LP (NYSE:EPD)?2 years 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?
23.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EPD ($22.88) is trading below our estimate of fair value ($29.87)
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 PE Ratio (13.4x) compared to the US Oil and Gas industry average (13.6x).
PE vs Market: EPD is good value based on its PE Ratio (13.4x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: EPD is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: EPD is overvalued based on its PB Ratio (2.1x) compared to the US Oil and Gas industry average (1.4x).
Future Growth
How is Enterprise Products Partners forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
5.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EPD's forecast earnings growth (5.8% per year) is above the savings rate (2%).
Earnings vs Market: EPD's earnings (5.8% per year) are forecast to grow slower than the US market (18.7% per year).
High Growth Earnings: EPD's earnings are forecast to grow, but not significantly.
Revenue vs Market: EPD's revenue (2.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: EPD's revenue (2.4% 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 (18.6%).
Past Performance
How has Enterprise Products Partners performed over the past 5 years?
15.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EPD has high quality earnings.
Growing Profit Margin: EPD's current net profit margins (13.8%) are lower than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: EPD's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: EPD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EPD had negative earnings growth (-18%) over the past year, making it difficult to compare to the Oil and Gas industry average (-44.1%).
Return on Equity
High ROE: EPD's Return on Equity (15.3%) is considered low.
Financial Health
How is Enterprise Products Partners's financial position?
Financial Position Analysis
Short Term Liabilities: EPD's short term assets ($9.9B) exceed its short term liabilities ($9.0B).
Long Term Liabilities: EPD's short term assets ($9.9B) do not cover its long term liabilities ($29.7B).
Debt to Equity History and Analysis
Debt Level: EPD's debt to equity ratio (117.9%) is considered high.
Reducing Debt: EPD's debt to equity ratio has increased from 109.9% to 117.9% over the past 5 years.
Debt Coverage: EPD's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: EPD's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is Enterprise Products Partners's current dividend yield, its reliability and sustainability?
7.87%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EPD's dividend (7.87%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: EPD's dividend (7.87%) is in the top 25% of dividend payers in the US market (3.5%)
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.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (104.2%), EPD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EPD's dividends in 3 years are forecast to be covered by earnings (85.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Jim Teague (75 yo)
1.25yrs
Tenure
US$10,649,369
Compensation
Mr. A. James Teague, also known as Jim, is a Co-Chief Executive Officer at Enterprise Products Holdings LLC, the general Partner of Enterprise Products Partners L.P. since January 28, 2020. Mr. Teague had ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD10.65M) is about average for companies of similar size in the US market ($USD10.94M).
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 considered experienced (5 years average tenure).
Board Members
Experienced Board: EPD's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 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$49.915b
- Shares outstanding: 2.18b
- Website: https://www.enterpriseproducts.com
Location
- Enterprise Products Partners L.P.
- 1100 Louisiana Street
- 10th Floor
- Houston
- Texas
- 77002
- United States
Listings
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 | 2021/04/10 22:08 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.