Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report) traded up 1.4% during trading on Tuesday . The company traded as high as $39.25 and last traded at $38.6650. 4,652,731 shares were traded during mid-day trading, an increase of 12% from the average session volume of 4,164,878 shares. The stock had previously closed at $38.12.
Trending Headlines about Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Record quarterly results: EPD reported $0.84 in earnings per diluted common unit, exceeding the $0.75 consensus estimate, while revenue rose 60.8% year over year to $18.27 billion versus expectations of $13.69 billion. Net income attributable to common unitholders increased 28% to $1.84 billion. Enterprise Reports Second Quarter 2026 Earnings
- Positive Sentiment: Strong operating momentum: Equivalent pipeline volumes increased 8% to 14.7 million barrels per day, while marine terminal volumes climbed 33% to 2.8 million barrels per day. Adjusted EBITDA reached a record $2.8 billion, and operational distributable cash flow of $2.31 billion provided 1.9x coverage of distributions. Enterprise Products Partners Q2 Net Income Climbs
- Positive Sentiment: Growth and income support: The partnership declared a $0.56-per-unit distribution and announced plans for a 150,000-barrel-per-day NGL fractionator at Mont Belvieu and two 300 MMcf-per-day Permian Basin gas-processing plants. Analysts also anticipated higher throughput across several business lines, reinforcing the growth outlook. How Rising Volume and Earnings Forecasts Will Impact Enterprise Products Partners Investors
- Neutral Sentiment: Expectations were already favorable: Pre-report forecasts called for approximately $0.74 in quarterly earnings and $13.60 billion in revenue. The results beat those estimates, but the stock’s reaction indicates that the strong performance may have been substantially anticipated by the market.
- Negative Sentiment: Some forward estimates softened: US Capital Advisors raised its second-quarter EPS estimate before the release but subsequently lowered its fourth-quarter 2027 forecast to $0.84 from $0.86. That modest reduction may temper enthusiasm about longer-term earnings growth. Enterprise Products Partners analyst estimates
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on EPD shares. Citigroup reaffirmed a “buy” rating and set a $44.00 price objective (up from $39.00) on shares of Enterprise Products Partners in a report on Friday, May 1st. Wall Street Zen lowered shares of Enterprise Products Partners from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Morgan Stanley set a $40.00 price target on shares of Enterprise Products Partners and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Wolfe Research raised shares of Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, UBS Group reiterated a “buy” rating and issued a $45.00 price objective on shares of Enterprise Products Partners in a research note on Wednesday, June 17th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.93.
Enterprise Products Partners Stock Down 1.5%
The stock’s 50-day moving average price is $37.61 and its two-hundred day moving average price is $36.92. The company has a current ratio of 0.91, a quick ratio of 0.61 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $82.34 billion, a P/E ratio of 14.11, a P/E/G ratio of 1.40 and a beta of 0.49.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The oil and gas producer reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09. Enterprise Products Partners had a net margin of 11.45% and a return on equity of 19.53%. The company had revenue of $18.27 billion for the quarter, compared to analysts’ expectations of $13.69 billion. During the same quarter in the previous year, the firm posted $0.66 EPS. Enterprise Products Partners’s revenue was up 60.8% on a year-over-year basis. As a group, research analysts expect that Enterprise Products Partners L.P. will post 2.93 earnings per share for the current fiscal year.
Enterprise Products Partners Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid a $0.56 dividend. The ex-dividend date is Friday, July 31st. This is a boost from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a dividend yield of 5.9%. Enterprise Products Partners’s dividend payout ratio is presently 81.48%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Everest Financial Group LLC raised its stake in Enterprise Products Partners by 3.6% in the 1st quarter. Everest Financial Group LLC now owns 7,886 shares of the oil and gas producer’s stock valued at $298,000 after acquiring an additional 271 shares during the period. Walker Asset Management LLC increased its stake in shares of Enterprise Products Partners by 1.4% in the second quarter. Walker Asset Management LLC now owns 20,256 shares of the oil and gas producer’s stock worth $745,000 after purchasing an additional 282 shares in the last quarter. Hobbs Group Advisors LLC increased its stake in shares of Enterprise Products Partners by 1.4% in the first quarter. Hobbs Group Advisors LLC now owns 20,895 shares of the oil and gas producer’s stock worth $791,000 after purchasing an additional 298 shares in the last quarter. Hunter Associates Investment Management LLC raised its position in shares of Enterprise Products Partners by 3.8% in the first quarter. Hunter Associates Investment Management LLC now owns 8,106 shares of the oil and gas producer’s stock valued at $307,000 after purchasing an additional 300 shares during the period. Finally, Mission Wealth Management LP lifted its stake in shares of Enterprise Products Partners by 1.0% during the 4th quarter. Mission Wealth Management LP now owns 32,348 shares of the oil and gas producer’s stock valued at $1,037,000 after buying an additional 328 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.
Enterprise Products Partners Company Profile
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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