NYSE:EPD

Stock Analysis Report

Enterprise Products Partners

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.

Snowflake

Risks

  • Enterprise Products Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

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


Market Performance


7 Day Return

0.6%

NYSE:EPD

1.7%

US Oil and Gas

-0.02%

US Market


1 Year Return

-0.3%

NYSE:EPD

-19.2%

US Oil and Gas

1.6%

US Market

EPD outperformed the Oil and Gas industry which returned -18.3% over the past year.

EPD underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

EPDIndustryMarket
7 Day0.6%1.7%-0.02%
30 Day0.4%6.0%2.7%
90 Day0.6%-4.0%1.4%
1 Year6.1%-0.3%-16.2%-19.2%3.8%1.6%
3 Year28.0%6.5%1.1%-8.0%45.2%35.8%
5 Year-2.1%-26.7%-25.3%-35.5%61.8%44.1%

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

Valuation

Is Enterprise Products Partners undervalued based on future cash flows and its price relative to the stock market?

12.59x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Enterprise Products Partners's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Enterprise Products Partners's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Enterprise Products Partners is overvalued based on earnings compared to the US Oil and Gas industry average.

Enterprise Products Partners is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Enterprise Products Partners is poor value based on expected growth next year.


Price Based on Value of Assets

Enterprise Products Partners is overvalued based on assets compared to the US Oil and Gas industry average.

Future Growth

How is Enterprise Products Partners expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Enterprise Products Partners's revenue is expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).

Enterprise Products Partners's earnings are expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).

Enterprise Products Partners's revenue growth is positive but not above the United States of America market average.

Enterprise Products Partners's earnings growth is positive but not above the United States of America market average.

Enterprise Products Partners's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Enterprise Products Partners is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).

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

Enterprise Products Partners's year on year earnings growth rate has been positive over the past 5 years.

Enterprise Products Partners's 1-year earnings growth exceeds its 5-year average (71.5% vs 11%)

Enterprise Products Partners's earnings growth has exceeded the US Oil and Gas industry average in the past year (71.5% vs 22.6%).


Return on Equity

Whilst Enterprise Products Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Enterprise Products Partners used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Enterprise Products Partners has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is Enterprise Products Partners's financial position?


Financial Position Analysis

Enterprise Products Partners's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Enterprise Products Partners's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Enterprise Products Partners's level of debt (107.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (116.3% vs 107.7% today).

Debt is well covered by operating cash flow (24.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).


Balance Sheet

High level of physical assets or inventory.

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?

6.36%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Enterprise Products Partners's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Enterprise Products Partners's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).

Management

What is the CEO of Enterprise Products Partners's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Jim Teague (74yo)

3.7yrs

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

Jim's remuneration is about average for companies of similar size in United States of America.

Jim's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.7yrs

Average Tenure

55yo

Average Age

The tenure for the Enterprise Products Partners management team is about average.


Board Age and Tenure

5.4yrs

Average Tenure

63.5yo

Average Age

The tenure for the Enterprise Products Partners board of directors is about average.


Insider Trading

More shares have been bought than sold by Enterprise Products Partners individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$150,00005 Aug 19
Murray Brasseux
EntityIndividual
Shares5,000
Max PriceUS$30.00
BuyUS$243,60031 Dec 18
A. Teague
EntityIndividual
Role
Chief Executive Officer
CEO & Director of Enterprise Products Holdings LLC
Shares10,000
Max PriceUS$24.36
BuyUS$246,10020 Dec 18
A. Teague
EntityIndividual
Role
Chief Executive Officer
CEO & Director of Enterprise Products Holdings LLC
Shares10,000
Max PriceUS$24.61
BuyUS$250,00020 Dec 18
Carin Barth
EntityIndividual
Role
Member of the Board of Directors
Director of Enterprise Products Holdings LLC
Shares10,000
Max PriceUS$25.00
BuyUS$394,95614 Nov 18
A. Teague
EntityIndividual
Role
Chief Executive Officer
CEO & Director of Enterprise Products Holdings LLC
Shares15,005
Max PriceUS$26.34
BuyUS$261,90013 Nov 18
W. Fowler
EntityIndividual
Role
Member of the Board of Directors
President
Shares10,000
Max PriceUS$26.19
SellUS$673,37505 Nov 18
James Hackett
EntityIndividual
Role
Member of the Board of Directors
Director of Enterprise Products Holdings LLC
Shares25,000
Max PriceUS$26.94

Ownership Breakdown


Management Team

  • Jim Teague (74yo)

    CEO & Director of Enterprise Products Holdings LLC

    • Tenure: 3.7yrs
    • Compensation: US$8.62m
  • Randy Fowler (62yo)

    President

    • Tenure: 8yrs
    • 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: 3.9yrs
    • Compensation: US$4.30m
  • Karen Taylor

    Senior Vice President of Human Resources - Enterprise Products Holdings LLC

    • Tenure: 3.1yrs
  • Brent Secrest (46yo)

    Executive VP & Chief Commercial Officer

    • Tenure: 3.3yrs
    • Compensation: US$2.87m
  • Paul Flynn

    Senior VP & Chief Information Officer-Enterprise Products Holdings LLC

    • Tenure: 14.6yrs
  • Hap Weitzel (55yo)

    Senior VP

    • Tenure: 2.8yrs
    • Compensation: US$1.71m
  • Michael Hanson (52yo)

    Principal Accounting Officer & VP of Financial Reporting - Enterprise Products Holdings LLC

    • Tenure: 3.1yrs

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: 5.4yrs
    • Compensation: US$185.00k
  • Richard Bachmann (66yo)

    Vice Chairman of Enterprise Products Holdings LLC

    • Tenure: 3.7yrs
    • Compensation: US$491.85k
  • Jim Teague (74yo)

    CEO & Director of Enterprise Products Holdings LLC

    • Tenure: 3.7yrs
    • Compensation: US$8.62m
  • Randa Duncan Williams (57yo)

    Chairman of Enterprise Products Holdings LLC

    • Tenure: 6.6yrs
  • Dick Snell (76yo)

    Director of Enterprise Products Holdings LLC

    • Tenure: 8yrs
    • Compensation: US$170.00k
  • Randy Fowler (62yo)

    President

    • Tenure: 8yrs
    • Compensation: US$5.58m
  • Carin Barth (56yo)

    Director of Enterprise Products Holdings LLC

    • Tenure: 3.9yrs
    • Compensation: US$170.00k
  • Bill Montgomery (57yo)

    Director of Enterprise Products Holdings LLC

    • Tenure: 3.9yrs
    • Compensation: US$170.00k
  • Hap Weitzel (55yo)

    Senior VP

    • Tenure: 2.8yrs
    • 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$63.656b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EPDNYSE (New York Stock Exchange)YesCommon UnitsUSUSDJul 1998
EPDDB (Deutsche Boerse AG)YesCommon UnitsDEEURJul 1998
0S23LSE (London Stock Exchange)YesCommon UnitsGBUSDJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:35
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.