Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report) shares traded down 1.5% during mid-day trading on Thursday . The company traded as low as $37.95 and last traded at $38.0880. 6,152,018 shares changed hands during trading, an increase of 47% from the average daily volume of 4,177,333 shares. The stock had previously closed at $38.67.
Enterprise Products Partners News Summary
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Q2 results beat expectations: EPD reported $0.84 in earnings per unit versus the $0.75 consensus estimate, while revenue reached $18.27 billion, well above the $13.69 billion forecast and up 60.8% year over year. Net income attributable to common unitholders rose 28% to $1.84 billion. Enterprise Products Partners Q2 earnings report
- Positive Sentiment: Record operating performance supports cash flow: Adjusted EBITDA increased 17% to a record $2.8 billion, and operational distributable cash flow reached $2.31 billion, providing 1.9 times coverage of the quarterly distribution. Pipeline volumes rose 8% to 14.7 million barrels per day, while marine terminal volumes jumped 33% to 2.8 million barrels per day. Enterprise Reports Second Quarter 2026 Earnings
- Positive Sentiment: Growth and income remain central to the investment case: The partnership declared a $0.56-per-unit distribution, payable August 14, and outlined a roughly $3 billion 2027 capital plan. Planned projects include a 150,000-barrel-per-day NGL fractionator at Mont Belvieu and two 300-million-cubic-feet-per-day Permian Basin gas-processing plants. Midstream peers are also increasing payouts, reinforcing sector-wide income appeal. EPD Q2 earnings call highlights
- Neutral Sentiment: EPD’s roughly 5.6% yield and long history of distribution growth continue to attract income-focused investors. However, the July 31 ex-dividend date may create temporary trading effects as the distribution is reflected in the unit price. EPD dividend analysis
- Negative Sentiment: Analyst estimate reductions add pressure: US Capital Advisors lowered its EPS forecasts for Q3 and Q4 2026, FY2026, FY2027 and FY2028. Its FY2026 estimate fell to $2.88 from $2.94, while FY2028 declined to $3.29 from $3.43, signaling some concern about longer-term earnings growth despite the latest beat.
Analyst Ratings Changes
Several analysts recently commented on EPD shares. Wolfe Research upgraded shares of Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Scotiabank reissued a “sector perform” rating and set a $40.00 price objective (up from $39.00) on shares of Enterprise Products Partners in a research report on Tuesday, May 12th. Wall Street Zen lowered shares of Enterprise Products Partners from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $38.00 target price on shares of Enterprise Products Partners in a report on Wednesday, June 17th. Finally, Stifel Nicolaus increased their target price on shares of Enterprise Products Partners from $41.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $39.93.
Enterprise Products Partners Price Performance
The company has a debt-to-equity ratio of 1.03, a current ratio of 0.91 and a quick ratio of 0.61. The company has a 50 day moving average price of $37.55 and a 200 day moving average price of $36.97. The firm has a market cap of $82.30 billion, a PE ratio of 13.22, a PEG ratio of 1.39 and a beta of 0.49.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The oil and gas producer reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. The firm had revenue of $18.27 billion for the quarter, compared to analyst estimates of $13.69 billion. Enterprise Products Partners had a net margin of 10.79% and a return on equity of 20.80%. Enterprise Products Partners’s quarterly revenue was up 60.8% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS. Sell-side analysts expect that Enterprise Products Partners L.P. will post 2.91 EPS 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. Stockholders of record on Friday, July 31st will be issued a $0.56 dividend. The ex-dividend date of this dividend is Friday, July 31st. This is a positive change 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 payout ratio is presently 81.48%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in EPD. Palisade Asset Management LLC purchased a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $31,000. Bravera Wealth raised its position 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 acquiring an additional 900 shares in the last quarter. Daytona Street Capital LLC purchased a new position in Enterprise Products Partners in the fourth quarter worth $42,000. Groesbeck Investment Management Corp NJ acquired a new stake in Enterprise Products Partners in the fourth quarter valued at $45,000. Finally, Kestra Investment Management LLC acquired a new stake in Enterprise Products Partners in the second quarter valued at $48,000. 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 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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