EPD - Enterprise Products Partners L.P.
29.36 0.00 (0.00%)
After hours: 5:53PM EDT
| Previous Close | 28.79 |
| Open | 28.86 |
| Bid | 29.00 x 2900 |
| Ask | 30.00 x 900 |
| Day's Range | 28.82 - 29.37 |
| 52 Week Range | 23.10 - 30.05 |
| Volume | 4,687,871 |
| Avg. Volume | 4,208,512 |
| Market Cap | 63.886B |
| Beta | 1.09 |
| PE Ratio (TTM) | 21.59 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.72 (5.97%) |
| Ex-Dividend Date | 2018-07-30 |
| 1y Target Est | N/A |
- Market Realist•8 hours ago
Analysts Are Bullish on Enterprise Products Partners in Q2
Enterprise Products Partners (EPD), the largest midstream company by market cap and the largest component of the Alerian MLP ETF (AMLP), has rallied more than 8% so far this year, notably outperforming peers. Let’s take a look at how institutional investors played it during Q2.
- Market Realist•9 hours ago
Weekly Update: Midstream Stocks Ended in the Red Last Week
The top midstream stocks were in the red in the week ending August 17. Weakness in crude oil prices over the last few weeks likely contributed to the fall in energy stocks last week. Read Is US Crude Oil Nearing a Bear Market? to learn more. While the Energy Select Sector SPDR ETF (XLE) fell 3.6% last week, the Alerian MLP ETF (AMLP) fell 0.3%.
- Market Realist•12 hours ago
Enterprise Products Partners and MPLX: Analysts’ Ratings
All of the analysts surveyed by Reuters covering Enterprise Products Partners (EPD) and MPLX (MPLX) are bullish on the stocks. All of the surveyed analysts have rated both of the stocks as a “buy.” In comparison, 79% of the analysts rated Williams Companies (WMB) as a “buy,” while 71% rated Kinder Morgan (KMI) as a “buy.”
- Market Realist•13 hours ago
Kinder Morgan and Williams Companies: Are Investors Bearish?
Together, the top ten institutional investors in Kinder Morgan (KMI) sold net 23.5 million shares of the company in the second quarter. The sale of 30.1 million shares by Wellington Management Company was the largest position change. Fidelity Management & Research Company, not among the top ten investors, sold 19.1 million shares of Kinder Morgan. Together, the top ten investors hold 34.4% of Kinder Morgan’s outstanding shares.
- Market Realist•15 hours ago
KMI and WMB Saw a Rise in the Short Interest
The short interest in Enterprise Products Partners (EPD) fell 9.4% from 8.5 million shares on July 13 to 7.7 million shares on July 31. The short interest in Enterprise Products Partners as a percentage of its float is 0.5%. Enterprise Products Partners’ short interest ratio is ~2.0x, which shows that it might take roughly two days to cover all of the open short positions in the stock.
- Market Realist•3 days ago
EPD, KMI, WMB, and MPLX: Comparing the Leverage
The net debt-to-EBITDA is a popular metric used to analyze MLPs’ leverage position. Using analyst-adjusted numbers, Kinder Morgan (KMI) has the highest net debt-to-EBITDA ratio among the four midstream companies that we’re comparing in this series—Kinder Morgan, Enterprise Products Partners (EPD), Williams Companies (WMB), and MPLX (MPLX).
- Market Realist•4 days ago
EPD, MPLX, and WMB Expect Higher Capital Spending in 2018
Enterprise Products Partners (EPD) plans to spend $3.9 billion on capital projects in 2018, which is ~15% higher than its 2017 capital expenditure. The company’s expected spending in 2018 is the highest among the four midstream companies that we’re comparing in this series—Enterprise Products Partners, Kinder Morgan (KMI), Williams Companies (WMB), and MPLX (MPLX).
- Market Realist•4 days ago
EPD and MPLX Have High Earnings Growth
MPLX’s (MPLX) adjusted EBITDA grew 83% YoY (year-over-year) in the second quarter. The massive growth was mainly driven by earnings from assets acquired from Marathon Petroleum (MPC). Higher pipeline volumes and higher gathering, processing, and fractionation volumes also contributed to the company’s earnings during the quarter.
- Market Realist•4 days ago
Analyzing Kinder Morgan’s Discounted Valuation
All of the four companies—Enterprise Products Partners (EPD), Kinder Morgan (KMI), Williams Companies (WMB), and MPLX (MPLX)—are trading at lower forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiples than their respective five-year average multiples. Kinder Morgan’s forward EV-to-EBITDA multiple is the lowest among the four peers.
- Market Realist•4 days ago
Why MPLX’s 6.6% Yield Is Attractive
MPLX (MPLX) has shown consistent distribution growth over the last several years. Since its IPO in 2012, MPLX has increased distributions for 22 consecutive quarters. MPLX’s coverage ratio has remained well above one over the last several years. The company intends to maintain a coverage ratio of 1.2x or higher while growing distributions 10% for 2018. Currently, MPLX is trading at an attractive yield of 6.6%.
- Market Realist•4 days ago
Enterprise Products Has Outperformed Its Peers in 2018
So far, Enterprise Products Partners (EPD) has risen ~9% in 2018. The company has outperformed its peers in the midstream sector. Other top midstream players by market capitalization, Kinder Morgan (KMI) and Williams Companies (WMB) have fallen ~5% and ~1%, respectively, during the same period. MPLX (MPLX) has risen ~4% YTD (year-to-date). The Alerian MLP ETF (AMLP) is relatively flat, while the Energy Select Sector SPDR ETF (XLE) has risen ~3%.
- Motley Fool•5 days ago
This High-Yield Stock Plans to Cash In on the Next Big Thing in American Energy
Enterprise Products Partners LP is well-positioned to capitalize on a huge under-the-radar opportunity in American energy, which could grow the 5.9% yield in the near future.
Market Realist•6 days agoMagellan Midstream Raised 2018 Guidance on Strong Spot Shipments
Magellan Midstream Partners (MMP), one of the largest US transporters of refined products, posted a 4.5% YoY rise in EBITDA in the second quarter. MMP saw an 8.3% rise in EBITDA in the first six months of 2018 compared to the same period last year, implying a slowdown in earnings growth in the remaining two quarters of the year. Magellan Midstream Partners’ second-quarter earnings growth was driven by the strong performance of its Crude Oil segment resulting from higher Permian volumes and expansion projects placed into service.
Market Realist•6 days agoMLPs’ Strong Earnings Growth Continued in Q2 2018
MLPs’ strong earnings growth continued in the second quarter after a solid first quarter. Of the top 15 limited partnerships by market cap, 13 reported YoY (year-over-year) rises in their quarterly revenues and earnings. Cheniere Energy Partners (CQP) reported the highest YoY EBITDA growth among the MLPs under review. Fourteen of the top 15 MLPs are constituents of the Alerian MLP ETF (AMLP).
- Motley Fool•7 days ago
How to Invest in Midstreamers
I scream, you scream, we all scream for midstream, because these returns are so terrifyingly good.
Market Realist•8 days agoA Quick Update on Energy Transfer Partners’ Major Projects
The partnership expects to complete the restoration activities this month, resulting in full placement of the project. On the Mariner East 2 and 2x, the partnership doesn’t expect further delays due to the blockages from the Pennsylvania DEP (Department of Environmental Protection). The partnership expects to use the existing pipeline in the affected areas and bring the ME2 project online by the end of the third quarter.
- Market Realist•10 days ago
What Drove Targa Resources’ Q2 2018 Earnings Growth?
Targa Resources (TRGP) reported its second-quarter earnings on August 9. The company’s adjusted EBITDA for the quarter was $326 million—26% higher than the second quarter of 2017. Targa Resources’ distributable cash flow rose to $225.1 million from $196 million in the second quarter of 2017.
- Motley Fool•11 days ago
The 1 Stock I'd Never Put in a Roth or IRA... And the 1 Stock I'd Replace it With
IRAs are meant to help shield income from taxation, but buying Enterprise Products Partners could mess that up. Consider this stock instead
- Market Realist•11 days ago
Enbridge and TransCanada: What Drove the Earnings Growth?
TransCanada’s (TRP) second-quarter earnings were driven by increased earnings from its US Natural Gas Pipelines segment. Earnings from new projects, improved commodity prices, and higher throughput contributed to the segment’s earnings growth. New projects, including the Grand Rapids and Northern Courier pipelines, contributed to higher earnings for TransCanada’s Liquids Pipelines segment.
Market Realist•12 days agoETP Beat Analysts’ Estimate, Posted 28.2% Earnings Growth
Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE) announced their second-quarter earnings on August 8 after the market closed. Energy Transfer Partners beat analysts’ estimates by a huge margin. The company posted an EBITDA of 28.2% YoY during the second quarter. Energy Transfer Partners posted an adjusted EBITDA of $2.051 billion in the second quarter, while the market called for $1.911 billion—a 7.3% beat. The partnership beat analysts’ estimate for the fifth consecutive quarter.
- TheStreet.com•12 days ago
As Iran Sanctions Kick In, Look to US Oil Export Markets
As renewed Iran-focused, energy-related sanctions come into place in November, the major question for investors is how the energy sector stands to win. This week Swiss-based Trafigura Pte, one of the largest crude oil traders in the world, submitted plans to build the first deep water crude oil export terminal in Corpus Christi, Texas, to allow crude oil super tankers, Very Large Crude Carriers (VLCC), to load crude at the port reducing costs and inefficiencies.
- Zacks•12 days ago
Plains All American (PAA) Q2 Earnings Beat, Revenues Miss
Improved performance in the Transportation segment drives Plains All American's (PAA) results in Q2.
- Market Realist•13 days ago
Higher Permian Volumes Drove PAA’s Second-Quarter Results
Plains All American Pipeline (PAA) and Plains GP Holdings (PAGP) reported their second-quarter results on August 7 after the markets closed. Plains All American Pipeline reported an adjusted EBITDA of $506 million for the quarter, which was 12% higher than its adjusted EBITDA in the second quarter of 2017. Plains All American Pipeline’s results were ahead of its expectations for the quarter.
Market Realist•13 days agoWTI Spreads Move Closer to Four-Year Highs
The WTI Cushing-WTI Midland spread, a key indicator to watch for Permian producers and pipeline MLPs operating in the region, moved closer to four-year highs of $18 per barrel last week. The spread rose to $17.3 per barrel by the end of last week—significantly higher than this year’s average of $3.5 per barrel.
Market Realist•14 days agoAMZ Rose 4.0% Last Week: Highest Weekly Gain in Seven Months
MLPs’ strong positive momentum continued. The Alerian MLP Index (^AMZ), which includes 44 energy MLPs, ended in the green for five consecutive weeks. AMZ rose 4.0% last week and ended at 285.5—the highest weekly gains in the last seven months. Out of the total 93 MLPs, 55 ended in the green, seven remained unchanged, and 31 ended in the red last week.
