26.30 0.00 (0.00%)
Pre-Market: 8:50AM EST
|Bid||26.30 x 3200|
|Ask||26.67 x 1300|
|Day's Range||25.93 - 26.34|
|52 Week Range||23.33 - 30.87|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||12.11|
|Earnings Date||Jan 29, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||1.77 (6.77%)|
|1y Target Est||34.88|
The upstream oil and gas business is in a period of change and stress. Companies in the space are dealing with shifting investor expectations, weak commodity prices and a large amount of debt. As demand for hydrocarbons in the U.S. stagnates and some investors begin to look ahead at where energy comes from in the future, oil and gas producers and the companies that provide them products and services have to look ahead to stay relevant, said speakers at the Houston Business Journal’s third energy panel of 2019.
Plains All American Pipeline's (PAA) third-quarter earnings improve on solid performance of Permian Basin and installation of new pipelines.
Phillips 66 continues to reign as the largest Houston-based public company in terms of revenue, but which companies saw the biggest growth?
Energy Transfer (ET) plans to report its third-quarter earnings on Wednesday after the markets close. The company will likely report an EPS of $0.37.
Lower processing margins, increased NGL Pipelines & Services' operating expenses and lower equity NGL production affect Enterprise Products' (EPD) third-quarter results.
Seaway Crude Pipeline Company LLC (“Seaway”) today announced its plans to hold an open season to gauge shipper support for an expansion of crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area. Initial expansion capacity could be available by mid-2020, with the expansion fully in-service in 2022. The final capacity for committed and uncommitted service would be determined during the open season.
Among the top public companies based in the Houston area, the largest asset volume for 2018 was $78.87 billion. Find out which companies made the top 20 list.
Crude oil flows on two pipelines from the Permian Basin to the Houston area have slowed this month as differentials narrowed and volumes to another U.S. Gulf Coast hub ramped up, according to traders and data from market intelligence firm Genscape. Cheap tariffs on EPIC Midstream and Plains All American Pipeline's lines from the Permian to Corpus Christi, Texas, are helping pull volumes from Houston. Plains' Cactus II line, which opened in August, has increased its flows almost one-third over September, Genscape reported.
Energy Transfer (ET) is trading close to its yearly lows, closing at $12.60 on October 23. ET has reported solid earnings growth in the last few quarters.
Income investors looking for high yields should consider Master Limited Partnerships, otherwise known as MLPs. With that said, the major advantage of MLPs is they widely offer much higher yields than the average stock. In rare cases, MLPs have double-digit yields of more than 10%.
Enterprise Products Partners (EPD) closed the most recent trading day at $27.57, moving -0.11% from the previous trading session.
Enterprise Products Partners (EPD) closed the most recent trading day at $27.58, making no change from the previous trading session.
Enterprise Products Partners L.P. (EPD) (“Enterprise”) today announced it will proceed with an expansion of its Appalachia-to-Texas (“ATEX”) ethane pipeline, based on customer commitments received during a recent 30-day binding open season. “The success of the open season reflects the demand for additional, reliable ethane takeaway capacity from the Appalachian region of the country,” said Michael C. “Tug” Hanley, senior vice president, Pipelines and Terminals for Enterprise’s general partner. The current capacity of ATEX is approximately 145,000 barrels per day (“BPD”).