Enterprise Products Partners L. with ticker code (EPD) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 37 and 29 suggesting an average Analsyt target price of $32.05. Given that the stocks previous close was at $26.82 and the analysts are correct then there would likely be a percentage uptick in value of 19.5%. The day 50 moving average is $26.03 and the 200 moving average now moves to $25.50. The market cap for the company is $57,929m. You can visit the company’s website by visiting: https://www.enterpriseproducts.com
The potential market cap would be $69,225m based on the market consensus.
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 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 245 tractor-trailer tank trucks that are used to transport crude oil. 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 operations; 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. Enterprise Products Partners L.P. founded in 1968 and is headquartered in Houston, Texas.
The company has a dividend yield of 7.31% with the ex dividend date set at 27-4-2023 (DMY).
Other points of data to note are a P/E ratio of 10.66, revenue per share of 26.72 and a 5.98% return on assets.
