Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates 21 natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of 310 tractor-trailer tank trucks that are used to transport liquefied petroleum gas. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related marketing activities; butane isomerization complex and related deisobutanizer units; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: enterpriseproducts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | $33.00 | Sector Perform | Scotiabank |
| 1/10/2025 | Outperform → Peer Perform | Wolfe Research | |
| 12/18/2024 | $35.00 | Overweight → Equal Weight | Wells Fargo |
| 10/17/2024 | $35.00 | Buy | BofA Securities |
| 10/6/2023 | $28.00 | Neutral | Goldman |
| 10/3/2023 | Outperform | Pickering Energy Partners | |
| 3/2/2023 | Sector Outperform | Scotiabank | |
| 1/9/2023 | $27.00 | Peer Perform → Outperform | Wolfe Research |
| 12/9/2022 | $31.00 | Buy | Citigroup |
| 10/18/2022 | $29.00 | Buy → Hold | Tudor, Pickering, Holt & Co. |
4 - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Issuer)
4 - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Issuer)
4 - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Issuer)
10-Q - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
SCHEDULE 13D/A - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Subject)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
10-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
10-Q - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
8-K - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Filer)
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three months ended March 31, 2025. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.64 per common unit on a fully diluted basis, for the first quarter of 2025, compared to $1.5 billion, or $0.66 per common unit on a fully diluted basis, for the first quarter of 2024. Distributable Cash Flow ("DCF") was $2.0 billion for the first quarter of 2025, a 5 percent increase compared to $1.9 billion for the first quarter of 2024. Distributions declared with respect to the first quarter of 2025 increased 3.9 percent to $0.535 per common unit, or $2.14 per
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2025 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid Wednesday, May 14, 2025, to common unitholders of record as of the close of business Wednesday, April 30, 2025. This distribution represents a 3.9 percent increase over the distribution declared with respect to the first quarter of 2024. Enterprise repurchased $60 million of its common units in the open market during the first quarter of 202
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has published the partnership's 2024 Letter to Investors. The letter is available on the Enterprise website at www.enterpriseproducts.com under the Investor Relations tab. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and mar
Enterprise Products Partners L.P. (NYSE:EPD) announced today that it will participate in the U.S. Capital Advisors Midstream Corporate Access Day on Wednesday, April 2, 2025, in Houston, Texas. The latest investor deck, which includes the partnership's updated Fundamentals outlook and may be used to facilitate upcoming investor meetings, can be accessed under the Investors tab on the Enterprise website. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering,
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has filed the partnership's Annual Report on Form 10-K for the year ended December 31, 2024 with the Securities and Exchange Commission. The report is available on the Enterprise website at www.enterpriseproducts.com. Hard copies of the report may be requested free of charge at https://ir.enterpriseproducts.com/notifications-requests. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, t
Enterprise Products Partners L.P. (NYSE:EPD) announced today that its 2024 tax packages, including schedule K-1s, are now available online. The 2024 tax packages may be accessed through the K-1 Tax Package Support website, www.Taxpackagesupport.com/enterprise. The partnership expects to begin mailing the 2024 tax packages Friday, February 28, 2025 and complete mailing by Friday, March 7, 2025. For additional information, unitholders may call K-1 Tax Package Support toll free at (800) 599-9985 weekdays between 8 a.m. and 5 p.m. CT. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to pro
Enterprise Products Partners L.P. (NYSE:EPD) announced today that it will participate in meetings with investors at the following conferences: Scotiabank Global Energy Conference in Miami, Florida, February 26-27, 2025; Morgan Stanley Energy & Power Conference in New York City, March 4, 2025; Barclays Energy & Utilities Fixed Income Conference in New York City, March 5, 2025; Daniel Energy THRIVE Energy Conference in Houston, Texas, March 5, 2025; Barclays Select Series: Industrial Energy & Infrastructure Corporate Access Day in New York City, March 6, 2025; and NYSE Investor Access: Virtual Energy & Utilities Day, March 20, 2025. The latest investor deck that may be us
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three months and year ended December 31, 2024. Fourth Quarter and Year End 2024 Financial Highlights Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 ($ in millions, except per unit amounts) Operating income (1) $ 1,971 $ 1,921 $ 7,338 $ 6,929 Net income (1) (2) $ 1,633 $ 1,602 $ 5,970 $ 5,657 Fully diluted earnings per common unit $ 0.74
Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Enterprise Products Partners L.P. (NYSE:EPD) and ONEOK, Inc. (NYSE:OKE) have extended their fee waiver arrangement between the Enterprise Crude Houston (ECHO) and ONEOK East Houston (MEH) terminals to transfer crude oil delivered through ICE's Midland WTI futures contract (ICE: HOU) until December 31, 2028. "In 2024, crude producers, refiners and exporters moved more of their pricing and hedging away from a WTI Cushing Basis to ICE Midland WTI (HOU), while price reporting agencies have launched new assessments which price all North American crude grades as differentials to HO
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the fourth quarter of 2024 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid Friday, February 14, 2025, to common unitholders of record as of the close of business Friday, January 31, 2025. This distribution represents a 3.9 percent increase over the distribution declared with respect to the fourth quarter of 2023. Enterprise repurchased $63 million of its common units in the open market during the fourth quarter
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the fourth quarter of 2020 of $0.45 per unit, or $1.80 per unit on an annualized basis. The quarterly distribution will be paid Thursday, February 11, 2021, to unitholders of record as of the close of business Friday, January 29, 2021. This distribution represents a 1.1 percent increase over the distribution declared with respect to the fourth quarter of 2019. Enterprise has increased its cash distribution rate for 22
Scotiabank initiated coverage of Enterprise Products with a rating of Sector Perform and set a new price target of $33.00
Wolfe Research downgraded Enterprise Products from Outperform to Peer Perform
Wells Fargo downgraded Enterprise Products from Overweight to Equal Weight and set a new price target of $35.00
BofA Securities resumed coverage of Enterprise Products with a rating of Buy and set a new price target of $35.00
Goldman resumed coverage of Enterprise Products with a rating of Neutral and set a new price target of $28.00
Pickering Energy Partners initiated coverage of Enterprise Products with a rating of Outperform
Scotiabank initiated coverage of Enterprise Products with a rating of Sector Outperform
Wolfe Research upgraded Enterprise Products from Peer Perform to Outperform and set a new price target of $27.00
Citigroup initiated coverage of Enterprise Products with a rating of Buy and set a new price target of $31.00
Tudor, Pickering, Holt & Co. downgraded Enterprise Products from Buy to Hold and set a new price target of $29.00
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Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three months ended March 31, 2025. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.64 per common unit on a fully diluted basis, for the first quarter of 2025, compared to $1.5 billion, or $0.66 per common unit on a fully diluted basis, for the first quarter of 2024. Distributable Cash Flow ("DCF") was $2.0 billion for the first quarter of 2025, a 5 percent increase compared to $1.9 billion for the first quarter of 2024. Distributions declared with respect to the first quarter of 2025 increased 3.9 percent to $0.535 per common unit, or $2.14 per
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2025 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid Wednesday, May 14, 2025, to common unitholders of record as of the close of business Wednesday, April 30, 2025. This distribution represents a 3.9 percent increase over the distribution declared with respect to the first quarter of 2024. Enterprise repurchased $60 million of its common units in the open market during the first quarter of 202
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three months and year ended December 31, 2024. Fourth Quarter and Year End 2024 Financial Highlights Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 ($ in millions, except per unit amounts) Operating income (1) $ 1,971 $ 1,921 $ 7,338 $ 6,929 Net income (1) (2) $ 1,633 $ 1,602 $ 5,970 $ 5,657 Fully diluted earnings per common unit $ 0.74
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the fourth quarter of 2024 of $0.535 per unit, or $2.14 per unit on an annualized basis. The quarterly distribution will be paid Friday, February 14, 2025, to common unitholders of record as of the close of business Friday, January 31, 2025. This distribution represents a 3.9 percent increase over the distribution declared with respect to the fourth quarter of 2023. Enterprise repurchased $63 million of its common units in the open market during the fourth quarter
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three and nine months ended September 30, 2024. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.65 per unit on a fully diluted basis, for the third quarter of 2024, an 8 percent increase compared to $1.3 billion, or $0.60 per unit on a fully diluted basis, for the third quarter of 2023. Distributable Cash Flow ("DCF") was $2.0 billion for the third quarter of 2024, a 5 percent increase compared to $1.9 billion for the third quarter of 2023. Distributions declared with respect to the third quarter of 2024 increased 5 percent to $0.525 per common
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the third quarter of 2024 of $0.525 per unit, or $2.10 per unit on an annualized basis. The quarterly distribution will be paid Thursday, November 14, 2024, to common unitholders of record as of the close of business Thursday, October 31, 2024. This distribution represents a 5.0 percent increase over the distribution declared with respect to the third quarter of 2023. Enterprise repurchased $76 million of its common units in the open market during the third quarter o
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") and Piñon Midstream, LLC ("Piñon Midstream"), a portfolio company of Black Bay Energy Capital, today announced that Enterprise's affiliate has entered into a definitive agreement to acquire Piñon Midstream in a debt-free transaction for $950 million in cash consideration. Piñon Midstream provides natural gas gathering and treating services in the core of the prolific eastern flank of the Delaware Basin in New Mexico and Texas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821749801/en/ Piñon Midstream's assets include approximately 50 miles of natural gas gathering
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three and six months ended June 30, 2024. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.64 per unit on a fully diluted basis, for the second quarter of 2024, a 12 percent increase compared to $1.3 billion, or $0.57 per unit on a fully diluted basis, for the second quarter of 2023. Distributable Cash Flow ("DCF") was $1.8 billion for the second quarter of 2024, compared to $1.7 billion for the second quarter of 2023. Distributions declared with respect to the second quarter of 2024 increased 5 percent to $0.525 per common unit, or $2.10 per
Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the second quarter of 2024 of $0.525 per unit, or $2.10 per unit on an annualized basis. The quarterly distribution will be paid Wednesday, August 14, 2024, to common unitholders of record as of the close of business Wednesday, July 31, 2024. This distribution represents a 5.0 percent increase over the distribution declared with respect to the second quarter of 2023. Enterprise repurchased $40 million of its common units in the open market during the second quarter
Enterprise Products Partners L.P. ("Enterprise") (NYSE:EPD) today announced its financial results for the three months ended March 31, 2024. Enterprise reported net income attributable to common unitholders of $1.5 billion, or $0.66 per unit on a fully diluted basis, for the first quarter of 2024, a 5 percent increase compared to $1.4 billion, or $0.63 per unit on a fully diluted basis, for the first quarter of 2023. Distributable Cash Flow ("DCF") was $1.9 billion for the first quarters of 2024 and 2023. Distributions declared with respect to the first quarter of 2024 increased 5.1 percent to $0.515 per common unit, or $2.06 per common unit annualized, compared to distributions declare
4 - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Issuer)
4 - ENTERPRISE PRODUCTS PARTNERS L.P. (0001061219) (Issuer)
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