EPD - Enterprise Products Partners L.P.
| Previous Close | 28.52 |
| Open | 28.55 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 4000 |
| Day's Range | 28.45 - 28.98 |
| 52 Week Range | 23.10 - 30.05 |
| Volume | 3,339,081 |
| Avg. Volume | 3,867,381 |
| Market Cap | 62.102B |
| Beta (3Y Monthly) | 1.11 |
| PE Ratio (TTM) | 20.99 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.73 (6.04%) |
| Ex-Dividend Date | 2018-10-30 |
| 1y Target Est | N/A |
- Market Realist•22 hours ago
Natural Gas Pipelines Segment Drove KMI’s Earnings Growth
Kinder Morgan’s (KMI) total segmental EBDA (earnings before depreciation and amortization) rose by $89 million YoY (year-over-year) to $1.882 billion in the third quarter—$81 million came from the Natural Gas Pipelines segment. The segment contributed 54% to Kinder Morgan’s total segmental EBDA for the quarter. The segment’s earnings growth was driven by increased drilling activity in the Bakken, Haynesville, and Eagle Ford basins, increased Permian activity, higher DJ Basin production, and new projects.
- Market Realist•yesterday
What Drove Kinder Morgan’s Q3 Distributable Cash Flow?
Kinder Morgan (KMI) reported its third-quarter results on October 17. Kinder Morgan’s DCF (distributable cash flow) in the third quarter rose ~3.6% YoY (year-over-year) to $1.093 billion. The growth in the company’s DCF was driven by higher earnings across its segments, except the Kinder Morgan Canada segment. The Kinder Morgan Canada segment’s earnings fell due to the sale of the Trans Mountain project, which was completed on August 31. Kinder Morgan’s DCF for the quarter was ~$650 million more than the declared dividends for the quarter.
- Zacks•yesterday
Has Enterprise Products Partners L.P. (EPD) Outpaced Other Oils-Energy Stocks This Year?
Is (EPD) Outperforming Other Oils-Energy Stocks This Year?
- Market Realist•2 days ago
Kinder Morgan Beats Q3 Earnings Estimates, Improves Leverage
Kinder Morgan (KMI) announced its third-quarter results on October 17 after the markets closed. The company announced an adjusted EPS of $0.21—up ~40% compared to $0.15 in the third quarter of 2017. The reported EPS, including gains on the Trans Mountain sale, was $0.31. The analyst-adjusted EPS was $0.22, which was ~3.6% higher than the consensus estimates for the quarter. Kinder Morgan’s third-quarter revenues were $3.517 billion, which missed the estimates by ~1.2%.
- Motley Fool•2 days ago
Don't Fall Into These 2 Yield Traps: This Stock Is a Better Buy
These high yields look great today, but the businesses backing them are volatile. In the midstream sector, go with this toll taker instead.
Bloomberg•2 days agoPermian Drillers Are Selling New Lighter Crude Oil Grade
Oil producers in the Permian Basin have started selling a new stream of light crude, said people familiar with the matter, securing a market for the increasingly less dense oil being pumped from the largest U.S. shale play. Sales of West Texas Intermediate Light, or WTI Light, started in September with deliveries into Midland, Texas, the people said. The new stream is being primarily blended to produce so-called Domestic Sweet crude, WTI Midland or benchmark WTI for delivery at Cushing, Oklahoma, the people said.
- Market Realist•5 days ago
KMI, EPD, ETE, and OKE: Key Midstream Rating Updates
Credit Suisse updated its ratings on several MLP and midstream stocks last week. Credit Suisse started coverage on Plains All American Pipeline (PAA), Plains GP Holdings (PAGP), Williams Companies (WMB), Energy Transfer Equity (ETE), Kinder Morgan (KMI), MPLX (MPLX), and Enterprise Products Partners (EPD) with an “outperform” rating.
- Market Realist•5 days ago
MLPs and Midstream Stocks Fell Last Week
Midstream stocks, including MLPs, fell in the week ending October 12. Top midstream stocks and MLPs outperformed the broader markets, which fell 4.1% for the week. The Alerian MLP Index fell 3.2% for the week. In comparison, the Energy Select Sector SPDR ETF (XLE) fell 5.4% last week. WTI crude oil futures prices fell ~4.0% for the week.
- American City Business Journals•5 days ago
5 things to know in Texas energy this week
Oil prices rose on tensions mounting between the U.S. and Saudi Arabia over the disappearance of Saudi journalist and government critic Jamal Khashoggi. News reports indicated that oil traders reacted to what they saw as veiled threats by the kingdom to use its influence over global oil markets to retaliate against outside punishment connected to Khashoggi. Here are five things to know in Texas energy this week: • Houston-based Enterprise Products Partners (NYSE: EPD) has been considering a new fractionation train in Mont Belvieu, Texas, and it recently expanded its potential plans.
- Market Realist•5 days ago
Kinder Morgan: Analysts Expect an Upside of 23%
Of the 20 analysts surveyed by Reuters covering Kinder Morgan (KMI), nine analysts recommended a “strong buy,” seven recommended a “buy,” and four recommended a “hold.” The mean target price for Kinder Morgan is $21.44, which implies 23% upside from its current price of $17.42.
- Market Realist•5 days ago
Kinder Morgan: Why the Short Interest Fell 14% Recently
Recently, the short interest in Kinder Morgan (KMI) stock fell 14% to ~36 million shares on September 28. The short interest in Kinder Morgan was ~41.8 million shares on September 14. The short interest in Kinder Morgan as a percentage of its float is down ~1.9% from ~2.2% on September 14.
- Market Realist•5 days ago
Kinder Morgan’s Third-Quarter Results Uplift Its Stock
Kinder Morgan (KMI) stock has fallen ~4% YTD (year-to-date). Kinder Morgan has been trading mainly sideways for about three months. If the company delivers strong third-quarter earnings, its stock might get a boost. At the same time, broader market sentiments will likely continue to impact the stock. Among Kinder Morgan’s peers, ONEOK (OKE) has risen 23%, while Enterprise Products Partners (EPD) has risen 6% YTD. The Energy Select Sector SPDR ETF (XLE) has risen ~4% YTD.
- Motley Fool•7 days ago
This Dividend Growth Stock Just Keeps on Going
It has now given its investors a raise in each of the last 57 straight quarters.
- InvestorPlace•7 days ago
The Power of Petroleum
Over just the last six years, global oil demand per day has jumped by 10.14% according to the International Energy Agency (IEA). The bad news is that global oil production continues to fall behind demand. This glut manifested thanks to members of the Organization of Petroleum Exporting Countries (OPEC) who sought to limit the production gains of the US shale and fracking operations by driving down crude prices to make field investment unprofitable.
- InvestorPlace•8 days ago
7 Master Limited Partnerships to Buy Despite Rising Rates
The bullishness is a net positive for conservative investors who adopt more or less a buy-and-hold strategy. For those folks, they may want to consider master limited partnerships, or MLPs. Master limited partnerships are typically levered towards the energy market.
- Market Realist•8 days ago
Kinder Morgan’s Third-Quarter Earnings Are Expected to Rise
Kinder Morgan (KMI) is scheduled to report its third-quarter earnings on October 17 after the market closes. Analysts expect the company’s EPS to rise ~9% sequentially to 21.25 cents per share. The company’s adjusted EPS for the second quarter was 19.5 cents. Kinder Morgan’s expected third-quarter EPS represents a 42% increase YoY (year-over-year). Kinder Morgan beat the EPS estimates in four out of the last ten quarters. The company missed the EPS estimates in three quarters and met the estimates in the remaining three quarters.
- Zacks•8 days ago
Enterprise Products Plans Additional NGL Fractionation Train
Enterprise Products (EPD) intends to develop two NGL fractionation trains at Mont Belvieu, with the cost of the project estimated at $789.7 million.
- American City Business Journals•8 days ago
Facebook billionaires dominate list of 12 youngest people on Forbes 400
Facebook may be mired in a series of controversies, but the Menlo Park-based social media giant has long made its founders and early investors fabulously wealthy. Forbes, which produces an annual ranking of the wealthiest Americans, more recently broke out a list of the youngest billionaires on this year's Forbes 400. You can see the 12 youngest billionaires on the 2018 Forbes 400 in the gallery above Of the 12 people on that list, three are from Facebook.
- Motley Fool•9 days ago
2 Top Stocks You Can Buy and Hold for the Next Decade
It can't be said enough: The U.S. will be a net energy exporter by 2022. These two stocks will help you to cash in.
- American City Business Journals•9 days ago
Enterprise Products expands spending plans for proposed Mont Belvieu project
Houston-based Enterprise Products Partners LP (NYSE: EPD) has increased the scope of a potential investment in Mont Belvieu, Texas. Enterprise is now considering a $789.7 million total spend on a natural gas fractionation project near Houston, up from $557.2 million it was considering in August, according to a Chapter 313 tax incentive application published by the Texas Comptroller Oct. 8. The increase comes because Enterprise plans to build two NGL fractionation trains as part of the project instead of one, according to the Comptroller filing.
- Zacks•9 days ago
ENBL vs. EPD: Which Stock Is the Better Value Option?
ENBL vs. EPD: Which Stock Is the Better Value Option?
- Market Realist•9 days ago
The MLP-Treasury Yield Spread Contracted Marginally in Q3
The yield spread between the Alerian MLP Index yield and the US ten-year Treasury yield contracted to 5.0% at the end of Q3 from 5.1% at the end of Q2. The AMZ yield fell until the middle of August but rose again to 8.0% at the end of Q3, the same level as at the end of Q2. However, the ten-year Treasury yield rose to 3.07% at the end of Q3 from 2.85% at the end of Q2. The rise in Treasury yield contributed to the shrinking of the spread between AMZ and the Treasury yield.
- Investopedia•10 days ago
Top 4 Oil Stocks for October 2018
Some oil stocks, despite struggling recently, look like they could dominate soon if oil prices remain strong in the remainder of 2018.
- Market Realist•10 days ago
MLPs Ended Positive for the Second Straight Quarter
The Alerian MLP Index, a benchmark index for energy MLPs, rose 4.5% in the third quarter of 2018. The index ended with gains for the second straight quarter. It rose 9.5% in the second quarter. The gains in Q2 and Q3 were, however, largely offset by the index’s fall in the first quarter. Year-to-date, the index was down 0.1% at the end of the third quarter. In comparison, the SPDR S&P 500 ETF (SPY) rose 7.2% in the third quarter. Crude oil prices fell ~1.2% in the third quarter. Oil prices are up ~21% year-to-date.
- Reuters•11 days ago
Enterprise crude pipeline expansion to be delayed to year-end
Enterprise Products Partners LP's Seaway crude pipeline will not achieve a targeted increase in capacity to 950,000 barrels per day because of issues unrelated to the expansion, the company said on Tuesday. Enterprise and its joint venture partner, Canadian pipeline operator Enbridge Inc, originally expected to begin taking an additional 100,000 bpd in September. The crude production surge in the Permian basin of West Texas and New Mexico, the biggest oilpatch in the United States, has outpaced the region's pipeline capacity, causing bottlenecks and depressing prices in the region.
