Enterprise Products Partners (NYSE:EPD – Get Free Report) posted its quarterly earnings data on Wednesday. The oil and gas producer reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09, FiscalAI reports. Enterprise Products Partners had a return on equity of 19.53% and a net margin of 11.45%.The company had revenue of $18.27 billion for the quarter, compared to analyst estimates of $13.69 billion. During the same period in the previous year, the firm earned $0.66 earnings per share. The firm’s quarterly revenue was up 60.8% on a year-over-year basis.
Enterprise Products Partners Stock Down 1.5%
Shares of Enterprise Products Partners stock traded down $0.58 during trading on Thursday, reaching $38.09. 6,423,027 shares of the company traded hands, compared to its average volume of 4,179,243. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.91 and a quick ratio of 0.61. Enterprise Products Partners has a 1-year low of $30.01 and a 1-year high of $40.17. The company has a 50 day moving average price of $37.58 and a 200-day moving average price of $36.96. The firm has a market capitalization of $82.34 billion, a PE ratio of 14.11, a P/E/G ratio of 1.40 and a beta of 0.49.
Enterprise Products Partners Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be paid a $0.56 dividend. The ex-dividend date is Friday, July 31st. This represents a $2.24 annualized dividend and a dividend yield of 5.9%. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. Enterprise Products Partners’s dividend payout ratio (DPR) is presently 81.48%.
Key Enterprise Products Partners News
- Positive Sentiment: Enterprise reported record second-quarter net income attributable to common unitholders of approximately $1.84 billion, or $0.84 per diluted unit, versus the $0.75 consensus estimate. Revenue reached $18.27 billion, up 60.8% year over year and well above expectations. Enterprise Products Partners earnings report
- Positive Sentiment: Adjusted EBITDA rose 17% to a record $2.8 billion, while operational distributable cash flow reached a record $2.3 billion and covered declared distributions by 1.9 times. The partnership declared a $0.56-per-unit distribution, supporting the income-investment thesis. Enterprise Reports Second Quarter 2026 Earnings
- Positive Sentiment: Record pipeline and marine terminal volumes—up 8% and 33%, respectively—were attributed to strong demand. Enterprise also outlined growth projects, including a 150,000-barrel-per-day NGL fractionator and two Permian Basin gas-processing plants. Enterprise Products Partners Q2 results and projects
- Neutral Sentiment: Analysts had already anticipated higher earnings, revenue and operating volumes before the release, which may have reduced the positive surprise from the results. Enterprise Products Partners forecasts
- Negative Sentiment: US Capital Advisors lowered its fourth-quarter 2027 EPS estimate to $0.84 from $0.86. Although this is a distant-period forecast and current-quarter results exceeded expectations, the revision may have contributed to cautious sentiment around future growth. Enterprise Products Partners analyst estimates
Institutional Investors Weigh In On Enterprise Products Partners
Several hedge funds and other institutional investors have recently bought and sold shares of EPD. Schnieders Capital Management LLC. boosted its holdings in Enterprise Products Partners by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 58,918 shares of the oil and gas producer’s stock worth $1,827,000 after acquiring an additional 5,000 shares in the last quarter. Brighton Jones LLC raised its position in shares of Enterprise Products Partners by 19.9% during the fourth quarter. Brighton Jones LLC now owns 32,620 shares of the oil and gas producer’s stock worth $1,023,000 after purchasing an additional 5,425 shares during the period. 71 West Capital Partners acquired a new position in shares of Enterprise Products Partners during the fourth quarter worth approximately $204,000. Legacy Wealth Advisors LLC bought a new position in shares of Enterprise Products Partners in the 4th quarter worth $202,000. Finally, Symphony Financial Services Inc. bought a new position in shares of Enterprise Products Partners in the 4th quarter worth $201,000. 26.07% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms have issued reports on EPD. Stifel Nicolaus raised their price target on shares of Enterprise Products Partners from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley set a $40.00 price objective on shares of Enterprise Products Partners and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Truist Financial lifted their target price on shares of Enterprise Products Partners from $36.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. UBS Group restated a “buy” rating and issued a $45.00 target price on shares of Enterprise Products Partners in a report on Wednesday, June 17th. Finally, Citigroup reaffirmed a “buy” rating and set a $44.00 price target (up from $39.00) on shares of Enterprise Products Partners in a research report on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $39.93.
Check Out Our Latest Report on EPD
About Enterprise Products Partners
Enterprise Products Partners L.P. (NYSE: EPD) is a Houston-based master limited partnership that provides midstream energy services across North America. The company owns and operates an extensive network of pipelines, storage facilities, processing plants and export terminals that transport and handle natural gas, natural gas liquids (NGLs), crude oil and refined and petrochemical products. Its core activities include gathering and transportation, fractionation of NGLs, natural gas processing, crude oil and condensate pipelines, and marine and terminal services that enable domestic distribution and exports.
Enterprise serves a diverse set of customers including producers, refiners, petrochemical companies, marketers and end users.
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