Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $37.19 and traded as high as $38.13. Enterprise Products Partners shares last traded at $38.0560, with a volume of 6,082,047 shares trading hands.
Key Headlines Impacting Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Strong quarterly performance: Enterprise reported third-quarter EPS of $0.75, in line with estimates, while revenue of $17.95 billion exceeded the $14.98 billion consensus and increased 49.3% year over year. EBITDA rose 16% to approximately $2.8 billion, supported by record volumes across its natural gas and NGL businesses. Enterprise Reports Third Quarter 2026 Earnings
- Positive Sentiment: Improved Permian outlook and project pipeline: Management raised its Permian wet-gas and NGL growth outlook to 34% through 2030, citing infrastructure expansion and export demand. Enterprise is also advancing a $6.3 billion project backlog, which could support future fee-based earnings growth. Enterprise forecasts 34 percent Permian wet gas and NGL growth
- Positive Sentiment: Distribution coverage remains solid: Operating cash flow covered distributions by 1.9 times, leaving roughly $1.1 billion for reinvestment, unit repurchases, or debt reduction. Rising free cash flow strengthens the case that EPD’s income payout is supported by operations. Enterprise Products Partners passive income analysis
- Neutral Sentiment: Analyst target increased, but rating remains cautious: Truist Financial raised its price target from $40 to $41 while maintaining a “hold” recommendation, implying limited-to-moderate upside from the referenced price. US Capital Advisors also made a marginal increase to its FY2027 EPS estimate, to $3.14 from $3.13.
- Negative Sentiment: Growth is expected to moderate: Although management lifted its longer-term Permian outlook, it indicated slower growth in 2027. That caution could limit near-term valuation upside despite strong current results and may be contributing to investor profit-taking.
Wall Street Analysts Forecast Growth
EPD has been the topic of several research analyst reports. Capital One Financial began coverage on shares of Enterprise Products Partners in a report on Tuesday, September 22nd. They issued an “equal weight” rating and a $42.00 target price on the stock. TD Cowen reissued a “hold” rating and issued a $38.00 target price (down from $39.00) on shares of Enterprise Products Partners in a research note on Monday, August 3rd. Stifel Nicolaus assumed coverage on shares of Enterprise Products Partners in a report on Thursday, September 10th. They set a “hold” rating and a $40.00 price target on the stock. Morgan Stanley reissued an “underweight” rating and issued a $41.00 price objective (up from $40.00) on shares of Enterprise Products Partners in a research report on Tuesday, August 18th. Finally, Melius Research assumed coverage on shares of Enterprise Products Partners in a research note on Tuesday, September 22nd. They issued a “hold” rating and a $42.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $40.18.
Check Out Our Latest Stock Analysis on Enterprise Products Partners
Enterprise Products Partners Stock Down 2.0%
The company has a current ratio of 0.93, a quick ratio of 0.66 and a debt-to-equity ratio of 1.00. The company has a 50-day simple moving average of $37.67 and a 200 day simple moving average of $37.26. The company has a market cap of $82.60 billion, a P/E ratio of 12.93, a P/E/G ratio of 1.39 and a beta of 0.50.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last released its earnings results on Thursday, October 29th. The oil and gas producer reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75. The business had revenue of $17.95 billion during the quarter, compared to the consensus estimate of $14.98 billion. Enterprise Products Partners had a return on equity of 21.50% and a net margin of 10.24%. The business’s revenue for the quarter was up 49.3% compared to the same quarter last year. During the same period last year, the company earned $0.61 earnings per share. On average, equities analysts anticipate that Enterprise Products Partners L.P. will post 3.10 EPS for the current year.
Enterprise Products Partners Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Friday, October 30th. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 74.17%.
Institutional Investors Weigh In On Enterprise Products Partners
Several large investors have recently added to or reduced their stakes in the stock. Lynch Investment Planning LLC bought a new position in shares of Enterprise Products Partners during the third quarter valued at approximately $36,000. N.E.W. Advisory Services LLC purchased a new position in Enterprise Products Partners during the second quarter valued at approximately $37,000. Bravera Wealth raised its stake in Enterprise Products Partners by 666.7% in the second quarter. Bravera Wealth now owns 1,035 shares of the oil and gas producer’s stock worth $38,000 after buying an additional 900 shares in the last quarter. Hughes Financial Services LLC raised its stake in Enterprise Products Partners by 43.7% in the third quarter. Hughes Financial Services LLC now owns 1,006 shares of the oil and gas producer’s stock worth $39,000 after buying an additional 306 shares in the last quarter. Finally, Markowski Investments bought a new position in Enterprise Products Partners in the second quarter worth approximately $46,000. 26.07% of the stock is owned by hedge funds and other institutional investors.
Enterprise Products Partners Company Profile
Enterprise Products Partners L.P. (NYSE: EPD) is a North American midstream energy partnership headquartered in Houston, Texas. The company provides infrastructure and services for the transportation, storage, processing and export of energy products, connecting producers with domestic and international markets.
Its operations include pipelines, storage facilities, natural gas processing plants, natural gas liquids (NGL) fractionation facilities, and marine terminals. Enterprise handles NGLs such as ethane, propane, butanes and natural gasoline, as well as crude oil, refined products, petrochemicals and natural gas.
Recommended Stories
- Five stocks we like better than Enterprise Products Partners
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Enterprise Products Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Products Partners and related companies with MarketBeat.com's FREE daily email newsletter.
