Enterprise Products Partners

Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment manages a natural gas processing facility and a related gathering system. The Crude Oil Pipelines & Services segment owns a crude oil pipeline system. The Natural Gas Pipelines & Services segment stores and transports natural gas. The Petrochemical & Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Enterprise Products Partners surpasses targets, eyes growth amid challenges

Enterprise Products Partners exceeded financial targets and emphasized safety performance.
Maintains a strong balance sheet, focusing on growth investments and strategic acquisitions.
Challenges include economic uncertainties and production efficiency in certain regions.
Opportunities lie in expansion projects, efficiency improvements, and renegotiated contracts.

Enterprise Products Partners excels in Q1 2023, eyes growth opportunities

Enterprise Products Partners delivered robust financial performance in Q1 2023, driven by strong margins in refined products and ongoing expansion initiatives. While facing challenges like potential infrastructure constraints and maintenance impacts, the company remains optimistic about global market fundamentals and U.S. production growth. With a focus on leveraging for growth and shareholder returns, Enterprise is poised for continued success in the energy sector.

Enterprise Products Partners reports robust Q2 earnings and eyes international growth

Enterprise Products Partners demonstrated financial resilience and operational excellence in Q2 '23, with strong distribution growth and ongoing expansion projects. Despite market challenges, the company is well-positioned to capitalize on growth opportunities in international markets and product segments. EPD's strategic focus on efficiency, cost mitigation, and expansion bodes well for future performance.

Enterprise Products Partners reports robust Q3 results and growth outlook

Enterprise Products Partners navigated challenges to achieve strong financial performance in Q3, driven by record volumes and strategic investments in growth projects.
The company's focus on expanding its NGL franchise, enhancing operational capabilities, and leveraging export opportunities positions it well for future growth and value creation.
With a robust financial position, a focus on ESG initiatives, and plans for continued growth in Permian hydrocarbon production, Enterprise Products Partners remains poised for sustainable success.

Enterprise Products Partners (EPD) posts record-setting earnings, eyes Permian growth

Enterprise Products Partners (EPD) reported strong financial results for Q4 2023, marked by record-setting performance and a positive outlook for 2024. The company's focus on operational excellence, growth in key regions, and disciplined capital management positions it well for future success.

Enterprise Products Partners reports strong Q1 earnings and expansion plans

Enterprise Products Partners demonstrated robust financial performance in Q1 2024, marked by earnings growth, increased distributions to partners, and strategic expansions. While facing capital expenditure challenges and maintaining leverage ratios, the company is well-positioned to capitalize on growth opportunities.

Enterprise Products Partners (EPD) posts solid Q2 results and eyes international growth opportunities

Enterprise Products Partners (EPD) reported strong financial results, addressing challenges effectively while highlighting growth opportunities in key segments. The company's performance and strategic focus position it well for continued success in the energy market.

Enterprise Products Partners (EPD) reports strong Q3 performance and growth opportunities

EPD's Q3 2024 performance reflects financial strength, operational excellence, and strategic growth initiatives, positioning the company for long-term success.
While managing debt levels and capital investments remains a challenge, EPD's focus on innovation and market opportunities presents avenues for sustainable growth.
Investors can be optimistic about EPD's performance, given its solid financial metrics, successful acquisitions, and commitment to operational efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Enterprise Products reported solid Q3 earnings, with EBITDA exceeding consensus estimates and strength across all business lines. The company plans to increase capital expenditures in the next two years, primarily focusing on its NGL franchise in the Delaware/Permian Basin. Enterprise Products has a rock-solid balance sheet, low cost of capital, and attractive valuation, making it a favorable long-term investment option.

Enterprise Products Partners: Steady As It Goes

Enterprise Products Partners L.P. (NYSE:EPD ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Randy Burkhalter - Vice President, Investor Relations Jim Teague - Co-Chief Executive Officer Randy Fowler - Co-Chief Executive Officer and Chief Financial Officer Chris D'Anna - Senior Vice President, Petrochemicals Brent Secrest - Executive Vice President and Chief Commercial Officer Tony Chovanec - Vice President, Fundamentals and Supply Appraisal Christian Nelly - Executive Vice President, Finance and Sustainability and Treasurer Robert Sanders - Executive Vice President Asset Optimization Justin Kleiderer - Senior Vice President, Pipelines and Terminals Conference Call Participants Theresa Chen - Barclays Jeremy Tonet - JPMorgan Securities Tristan Richardson - Scotiabank Jean Ann Salisbury - Bernstein Brian Reynolds - UBS Spiro Dounis - Citi John Mckay - Goldman Sachs Michael Blum - Wells Fargo Securities Keith Stanley - Wolfe Research Neel Mitra - Bank of America Operator Hello and welcome to Enterprise Products Partners LP Q3 2023 Earnings Conference Call.

Enterprise Products Partners L.P. (EPD) Q3 2023 Earnings Call Transcript

Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline in Texas to NGLs, officials said on Tuesday.

Enterprise Products doubles down on gas liquids with pipelines, processing plants

The headline numbers for Enterprise Products (EPD) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Enterprise Products (EPD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three and nine months ended September 30, 2023. Enterprise reported net income attributable to common unitholders of $1.3 billion, or $0.60 per common unit on a fully diluted basis for the third quarter of 2023, compared to $1.4 billion, or $0.62 per common unit on a fully diluted basis, for the third quarter of 2022. Distributable Cash Flow (“DCF”) was $1.9 billi.

Enterprise Reports Results for Third Quarter 2023

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced four new capital projects to support continuing production growth in the Permian Basin. The partnership also announced it has begun initial steps to return the Seminole Pipeline, which has a capacity of 210,000 barrels per day (“BPD”) of crude oil, to natural gas liquid (“NGL”) transportation service in December 2023. The four projects include two natural gas processing plants, the Bahia NGL p.

Enterprise Announces Permian Growth Projects; Seminole Pipeline to Be Taken out of Crude Oil Service

Kinder Morgan

Enterprise Products Partners yields 7.2% today. Kinder Morgan yields 6.6%.

Better Stock Buy: Enterprise Products Partners vs. Kinder Morgan

Enbridge

Energy Transfer LP Unit

Energy prices aren't as important as energy demand when it comes to the pipelines high-yield Enbridge operates. Energy Transfer focuses on collecting fees insulated from the volatility of oil prices.

3 No-Brainer Dividend Stocks for a Volatile Oil Market

Enterprise Products Partners L.P. is a dividend-distributing company with solid margins in the energy sector. The company operates in various segments, including NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. EPD has maintained a reliable dividend yield and has experienced steady asset expansion, making it an attractive investment option.

Enterprise Products Partners: One Of The Better Dividend Payers In The Space

American Electric Power Company

Bristol-Myers

Eversource Energy

Evergy Inc

Home Depot

L3Harris

Lowe's

NextEra Energy

SPDR S&P 500 ETF Trust

Tractor Supply

In this series, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. I screened for high-quality stocks with superior growth and income prospects this month. Additionally, I screened for stocks trading below my risk-adjusted Buy Below prices. Of the 713 Dividend Radar stocks, only 18 survived this month's stringent screens.

10 Dividend Growth Stocks For October 2023

American States Water

Hormel Foods

Leggett & Platt

Realty Income Corp

Target

Exxon Mobil

In just three short years, investors learned the extremes of volatility. The stock market swung wildly between the crushing pandemic collapse, followed by a raging bull market infused by stimulus check spending.

7 Top Dividend Stock Powerhouses That Can Make You Richer in 2023

Enterprise Products Partners is a top-quality player in the energy midstream industry with irreplaceable assets that will be essential for a very long time. EPD has a low leverage ratio and an A- credit rating, which saves it millions in annual interest costs compared to lower rated peers. EPD has outperformed the market and continues to achieve records in pipeline volumes, and it has excess cash flow for potential bolt-on acquisitions.

Enterprise Products Partners: Get Paid To Future-Proof Your Portfolio

Enterprise Products (EPD) is likely to have generated stable fee-based revenues in Q3 from its extensive pipeline network.

Enterprise (EPD) to Report Q3 Earnings: What's in Store?

MPLX and Enterprise Products Partners are high-yielding midstream businesses with strong track records of distribution growth and attractive total returns. We compare them side-by-side to see which is the better buy today. We share three reasons why we believe that EPD is the better risk-adjusted choice.

Forget MPLX, 3 Reasons To Buy Enterprise Products Partners Instead

Since my previous update, Energy Products Partners unitholders have seen a dramatic recovery as EPD outperformed the S&P 500. EPD remains well-positioned as a top-notch midstream leader in the US with a well-diversified asset base. Long-term contractual terms sustain its solid "A-" profitability grade, providing significant earnings visibility.

Enterprise Products Partners: Top-Notch Energy Leader Remains My Favorite Midstream Play

Main Street Capital

Philip Morris

A diversified portfolio of dividend growers is the best bet for building generational wealth. Three blue-chip stocks with yields ranging from 5.6% to 7.2% and averaging 6.5% offer secure dividends, including from dividend aristocrats and kings. These stocks are discounted by 17% to 30% and provide an attractive margin of safety for investors.

7%-Yielding No-Brainer Buys

Ares Capital

Innovative Industrial Properties

Ares Capital offers strong business prospects and an ultra-high dividend yield. Enterprise Products Partners has increased its distribution for 25 consecutive years.

These Dividend Stocks Can Double Your Money in Under 10 Years

High-dividend stocks have underperformed due to rising interest rates, but midstream energy companies like EPD have benefited from rebounding oil prices. EPD had a soft Q2, missing on earnings and revenue, but the management team remains optimistic about the second half of the year. EPD's low valuation and steady cash flow generation make it an attractive investment, despite some concerns about its growth modest growth rate.

Enterprise Products Partners: A Strong Second Half Expected, FCF Gains Ahead

Enterprise Products Partners is my top pick in the midstream sector due to its strong execution and low leverage ratio. EPD's stock has underperformed over the past decade, creating an attractive opportunity for investors. Despite missing revenue estimates, EPD's cash flow remains strong, and management expects processing margins to improve the second half of the year.

Enterprise Products Partners: Buy The Best Midstream Operator At A 7.3% Yield

Alerian MLP ETF

Vanguard Total Bond Market ETF

Chevron

iShares 0-3 Month Treasury Bond ETF

Energy Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

Rising long-term interest rates, unrest in the Middle East, and fears of an economic downturn are leading concerns for investors right now. We share what sector we believe is the best possible investment in the current environment.

Well-Covered 7-10% Yields To Hide From Rising Rates, Unrest, And Recession

Brookfield Renewable Partners

Devon Energy

First Solar

Halliburton

Occidental Petroleum

Energy companies play an indispensable role in society, fueling our homes, businesses and vehicles. But they also present intriguing investment vehicles, especially in the realm of energy stocks to invest in.

7 Energy Stocks to Invest in to Power Up Your Profits

ConocoPhillips

EOG Resources

Schlumberger

If you haven't been buying the best energy stocks, there's still time. It's a simple math problem.

The 7 Best Energy Stocks to Buy Now: October 2023

Bank of Nova Scotia

Legal & General Group PLC

Simon Property Group

Truist Financial

8%-Yielding Blue Chips Perfect For What's Coming Next

Apple

AbbVie

Arbor Realty Trust

Abbott Labs

Archer-Daniels-Midland Company

Aflac

Ameriprise Financial

Amazon

American Express

Bank of America

Becton, Dickinson and Co.

Blackrock Inc

Citigroup

Cardinal Health

Caterpillar

Cisco Systems

CVS Health

Disney

Digital Realty Trust

Duke Energy

Emerson Electric

Eaton

In 2015, I started publishing updates regarding my dividend growth portfolio, and I keep doing so every quarter. This is part of being transparent with my readers, so they can see what I hold and its correlation with my writing.

My Dividend Growth Portfolio - Q3 2023 Summary

Enterprise Products Partners yields over 7%. Through thick or thin, EPD has been outperforming the market on a total-return basis. So many investors forget about EPD simply because it has been so reliable that it falls to the background.

Hard Times Bring Big Income: Enterprise Products

News for Enterprise Products Partners Stock (EPD)