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Enterprise Products Partners (EPD)
NYSE:EPD
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Enterprise Products Partners (EPD) AI Stock Analysis

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EPD

Enterprise Products Partners

(NYSE:EPD)

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Outperform 74 (OpenAI - 4o)
Rating:74Outperform
Price Target:
$35.00
▲(13.01% Upside)
Enterprise Products Partners' strong earnings call performance and attractive valuation are key strengths, contributing positively to the overall score. Financial performance is stable but impacted by revenue decline and cash flow challenges. Technical indicators suggest a neutral trend, slightly weighing down the score.
Positive Factors
Strategic Project Completions
Completion of major projects like Frac 14 and pipeline conversions enhances capacity and operational efficiency, supporting long-term growth.
Strong Cash Flow Generation
Robust cash flow generation ensures financial flexibility, enabling reinvestment in growth initiatives and shareholder returns.
Buyback Program Expansion
Expanding the buyback program demonstrates confidence in financial health and commitment to enhancing shareholder value.
Negative Factors
Revenue Decline
A decline in revenue can impact profitability and growth potential, necessitating strategic adjustments to reverse the trend.
Leverage Ratio Increase
Higher leverage can constrain financial flexibility, increasing risk and potential cost of capital, impacting long-term stability.
Operational Challenges
Operational issues in key facilities can disrupt production and efficiency, requiring resolution to maintain reliable operations.

Enterprise Products Partners (EPD) vs. SPDR S&P 500 ETF (SPY)

Enterprise Products Partners Business Overview & Revenue Model

Company DescriptionEnterprise Products Partners L.P. is a leading North American provider of midstream energy services, primarily focused on the transportation, processing, and storage of natural gas, NGLs (natural gas liquids), crude oil, and refined products. The company operates an extensive network of pipelines and terminals, facilitating the efficient movement of energy resources across the United States and beyond. With a diverse portfolio of assets and services, Enterprise Products Partners plays a crucial role in the energy supply chain, catering to a wide range of customers in the oil and gas industry.
How the Company Makes MoneyEnterprise Products Partners generates revenue primarily through the transportation and storage of hydrocarbons, charging fees for the use of its pipeline and terminal systems. Key revenue streams include transportation fees from natural gas, NGLs, and crude oil, as well as storage fees from its extensive network of storage facilities. The company also earns income from processing natural gas and fractionating NGLs. Significant partnerships with major oil and gas producers enhance its earnings potential, as these collaborations often involve long-term contracts that provide stable cash flows. Additionally, the company's strategic investments in expanding its infrastructure and services contribute to revenue growth and operational efficiency.

Enterprise Products Partners Key Performance Indicators (KPIs)

Any
Any
Gross Operating Margin By Segment
Gross Operating Margin By Segment
Chart InsightsEnterprise Products Partners' NGL segment shows a recent uptick, reflecting strategic expansions in the Permian Basin and upcoming pipeline projects. However, crude oil margins are under pressure, aligning with reported challenges in LPG export margins. The petrochemical segment faces headwinds from market pressures, as highlighted by the earnings call. Despite these challenges, the company's robust growth projects and strong financial performance suggest resilience and potential for future margin recovery, especially with significant capacity expansions on the horizon.
Data provided by:Main Street Data

Enterprise Products Partners Earnings Call Summary

Earnings Call Date:Oct 30, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Jan 29, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong performance metrics, including increased EBITDA, expanded buyback programs, and strategic project completions. However, there were notable challenges, including project delays and operational issues with PDH plants. The overall outlook remains positive with expectations for future growth and improved cash flow.
Q3-2025 Updates
Positive Updates
Adjusted EBITDA and Distributable Cash Flow
Reported adjusted EBITDA of $2.4 billion for the third quarter, generating $1.8 billion of distributable cash flow with 1.5x coverage.
Buyback Program Increase
Announced a $3 billion increase to the buyback program, expanding it from $2 billion to $5 billion.
Dividend Increase
Declared a distribution of $0.545 per common unit for the third quarter of 2025, a 3.8% increase over the distribution declared for the third quarter of 2024.
Project Completions
Frac 14 is now in service, and the Bahia pipeline and Seminole pipeline conversion will come online soon, adding capacity to their systems.
Net Income
Net income attributable to common unitholders was $1.3 billion or $0.61 per common unit for the third quarter of 2025.
Growth in Permian and Haynesville Basins
Continued investments position the company for long-term growth from the Haynesville and Permian Basins.
Negative Updates
Delayed Projects
Several projects, including Frac 14 and pipeline conversions, experienced delays but are expected to be completed by the end of 2025.
Leverage Ratio Increase
Consolidated leverage ratio is 3.3x, above the target range, due to capital expenditures on large projects.
PDH Plant Challenges
PDH 2 plant faced operational challenges due to coking in the fourth reactor, although improvements are being implemented.
Company Guidance
During the Enterprise Products Partners L.P. third quarter 2025 earnings call, the company provided guidance on several key metrics and future projects. The company reported an adjusted EBITDA of $2.4 billion and a distributable cash flow of $1.8 billion, with a coverage ratio of 1.5x. They retained $635 million of distributable cash flow. The company announced a $3 billion increase in their buyback program, raising it to $5 billion, reflecting a strong focus on returning capital to unitholders. Enterprise highlighted the completion and commissioning of long-anticipated projects like Frac 14, Bahia pipeline, and Seminole pipeline conversion, which are expected to contribute positively to future results. The company anticipates its organic growth capital expenditures to return to a mid-cycle range of $2 billion to $2.5 billion per year. Additionally, Enterprise has set a net income attributable to common unitholders at $1.3 billion, or $0.61 per common unit for the quarter. They also declared a distribution of $0.545 per common unit, marking a 3.8% increase over the previous year. The company anticipates an inflection point in discretionary free cash flow in 2026 as it concludes a four-year capital deployment cycle, with strategic investments in pipelines and marine terminals enhancing long-term growth prospects.

Enterprise Products Partners Financial Statement Overview

Summary
Enterprise Products Partners exhibits strong financial health with robust profitability and efficient cash flow management. While revenue growth has faced challenges, the company maintains solid margins and a stable balance sheet. Overall, the financial position is sound, with potential for continued stability and profitability in the oil and gas midstream industry.
Income Statement
75
Positive
Enterprise Products Partners shows a stable gross profit margin and a consistent net profit margin over recent periods. However, the revenue growth rate has been volatile, with a recent decline in the TTM period. Despite this, EBIT and EBITDA margins remain healthy, indicating strong operational efficiency.
Balance Sheet
70
Positive
The company maintains a moderate debt-to-equity ratio, which is slightly above 1, indicating a balanced approach to leveraging. Return on equity is strong, reflecting efficient use of equity to generate profits. The equity ratio suggests a stable financial structure with a solid proportion of assets funded by equity.
Cash Flow
65
Positive
Enterprise Products Partners demonstrates strong cash flow management with positive free cash flow growth in the TTM period. The operating cash flow to net income ratio is healthy, indicating effective conversion of income into cash. The free cash flow to net income ratio also supports the company's ability to generate cash relative to its net income.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue53.00B56.22B49.72B58.19B40.81B27.20B
Gross Profit7.09B7.22B6.72B6.72B5.95B5.71B
EBITDA9.69B9.59B9.05B8.91B7.98B6.89B
Net Income5.79B5.90B5.53B5.49B4.64B3.78B
Balance Sheet
Total Assets77.82B77.17B70.98B68.11B67.53B64.11B
Cash, Cash Equivalents and Short-Term Investments206.00M583.00M180.00M76.00M2.82B1.06B
Total Debt2.46B32.26B29.07B28.64B29.87B30.19B
Total Liabilities841.00M47.58B42.22B40.41B41.09B38.73B
Stockholders Equity29.21B28.73B27.67B26.62B25.33B24.35B
Cash Flow
Free Cash Flow3.09B3.57B4.30B6.08B6.29B2.60B
Operating Cash Flow8.47B8.12B7.57B8.04B8.51B5.89B
Investing Cash Flow-6.26B-5.43B-3.20B-4.95B-2.13B-3.12B
Financing Cash Flow-3.46B-2.16B-4.26B-5.84B-4.57B-2.02B

Enterprise Products Partners Technical Analysis

Technical Analysis Sentiment
Positive
Last Price30.97
Price Trends
50DMA
30.82
Positive
100DMA
30.68
Positive
200DMA
30.71
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
55.84
Neutral
STOCH
36.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EPD, the sentiment is Positive. The current price of 30.97 is above the 20-day moving average (MA) of 30.41, above the 50-day MA of 30.82, and above the 200-day MA of 30.71, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.84 is Neutral, neither overbought nor oversold. The STOCH value of 36.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EPD.

Enterprise Products Partners Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$52.07B10.8534.35%7.66%5.19%11.09%
74
Outperform
$65.43B11.446.97%-6.41%
74
Outperform
$41.70B12.1917.14%6.08%58.76%13.74%
69
Neutral
$58.05B13.5412.91%7.79%-4.67%-8.06%
68
Neutral
$57.67B21.258.87%4.46%8.54%7.22%
68
Neutral
$70.27B29.7719.00%3.43%11.48%-17.82%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
EPD
Enterprise Products Partners
30.97
2.56
9.01%
ET
Energy Transfer
16.87
0.48
2.93%
KMI
Kinder Morgan
26.12
0.37
1.44%
OKE
Oneok
67.81
-33.99
-33.39%
WMB
Williams Co
57.94
3.54
6.51%
MPLX
MPLX
51.53
8.09
18.62%

Enterprise Products Partners Corporate Events

Enterprise Products Partners’ Earnings Call Highlights Growth
Nov 1, 2025

Enterprise Products Partners’ recent earnings call conveyed a generally positive sentiment, underscored by strong performance metrics such as increased EBITDA and expanded buyback programs. While the company celebrated strategic project completions, it also acknowledged challenges, including project delays and operational issues with PDH plants. Nevertheless, the outlook remains optimistic with expectations for future growth and improved cash flow.

Enterprise Products Partners Reports Q3 2025 Earnings
Oct 31, 2025

Enterprise Products Partners L.P. is a leading North American midstream energy services provider, specializing in the transportation, storage, and processing of natural gas, NGLs, crude oil, refined products, and petrochemicals. With over 50,000 miles of pipelines and significant storage capacity, the company plays a crucial role in the energy infrastructure sector.

Business Operations and StrategyStock BuybackFinancial Disclosures
Enterprise Products Expands Unit Buyback Program to $5B
Positive
Oct 30, 2025

On October 30, 2025, Enterprise Products Partners announced an increase in its common unit buyback program from $2.0 billion to $5.0 billion, leaving $3.6 billion available for repurchase. This strategic move aims to enhance capital returns to investors. The company reported a net income of $1.3 billion for Q3 2025, a slight decrease from the previous year, with distributable cash flow of $1.8 billion. Despite facing challenges such as lower sales margins and maintenance downtime, Enterprise achieved record natural gas processing volumes, highlighting the strength of its integrated system.

The most recent analyst rating on (EPD) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Enterprise Products Partners stock, see the EPD Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 07, 2025