30.98 +0.78 (2.58%)
Pre-Market: 8:15AM EDT
|Bid||30.20 x 800|
|Ask||0.00 x 2200|
|Day's Range||29.86 - 30.36|
|52 Week Range||23.33 - 30.82|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||14.62|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||1.76 (5.88%)|
|1y Target Est||34.25|
The Energy sector is poised to see two consecutive quarters of earnings deterioration after posting strong earnings growth in each of the four quarters of 2018.
TOTAL (TOT) is expected to beat earnings estimates when it reports Q2 results on Jul 25, 2019. The results are likely to get a boost from new projects, which are in turn boosting production.
Disturbances in Iran intensified on Jul 18 after President Donald Trump declared that the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz in a defensive action.
Enterprise Products Partners (EPD) closed the most recent trading day at $30.15, moving -0.56% from the previous trading session.
Enterprise Products Partners (EPD) closed at $30.53 in the latest trading session, marking a +0.79% move from the prior day.
Enterprise Products (EPD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The persistent rise in quarterly distributions reflects Enterprise Products' (EPD) strong business model, with stable fee-based revenues.
Plains All American (PAA) plans to expand Western Corridor Pipeline System's capacity by an additional 70,000 barrels per day.
Enterprise Products Partners secured several new expansion projects that will help support continued dividend growth.
Enterprise Products Partners L.P. (EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the second quarter of 2019 to $0.44 per common unit, or $1.76 per unit on an annualized basis. The quarterly distribution will be paid Tuesday, August 13, 2019, to unitholders of record as of the close of business Wednesday, July 31, 2019. This distribution, which represents a 2.3 percent increase over the distribution declared with respect to the second quarter of 2018, is the partnership’s 60th consecutive quarterly distribution increase.
The expansion projects are in response to record demand for PGP by international markets and estimates that U.S. crude oil exports and the domestic LPG export market will at least double by 2025.
Enterprise Products (EPD) says that its investments in the latest expansion projects will expand its loading capacity of LPG, PGP and crude by 1.3 million barrel per day.
Enterprise Products Partners L.P. (EPD) (“Enterprise”) today announced that service recently began on the third train at its Orla cryogenic natural gas processing plant in Reeves County, Texas. The completion of the final announced processing unit at Orla increases natural gas processing capacity at the facility to 900 million cubic feet per day (“MMcf/d”) and allows Enterprise to produce in excess of 140,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). Throughout the Permian Basin, Enterprise now has the capability to process 1.3 billion cubic feet of natural gas and produce approximately 200,000 BPD of NGLs.
Enterprise Products Partners L.P. (EPD) (“Enterprise”) today announced three additional expansion projects that will increase the partnership’s capacity to load liquefied petroleum gas (“LPG”), polymer grade propylene (“PGP”) and crude oil from its Enterprise Hydrocarbon Terminal (“EHT”) on the Houston Ship Channel. Currently, Enterprise’s nameplate LPG loading capacity is approximately 660,000 barrels per day (“BPD”). Previously, Enterprise announced a project to add 175,000 BPD of LPG loading capacity, which is currently under construction and expected to be completed late third quarter of 2019.