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Enterprise Products Partners L P (EPD-N)
NYSE:EPD
27.25
0.04
(0.15%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$27.210
Unknown
EPD recently closed on a $3.3 billion acquisition of a large midstream energy processing company, allowing it to grow its status in the prolific Midland basin. It put $2.5 billion of project expansions into play this year and still has over $4 billion in backlog. It trades at 11x earnings and 2.1x book, while supporting a 20% ROE. Quarterly results showed cash reserves holding while debt was aggressively retired. It pays a great dividend backed by a payout ratio under 80% of cash flow. We recommend placing a stop loss at $24, looking to achieve $32 -- upside potential of 18%. Yield 7.4%
(Analysts’ price target is $32.16)Stable dividends (~7%) and revenues.
High quality balance sheet with history or rewarding shareholders.
Not a good stock for day traders.
Good long term hold.
Very good basic business with stable free cash flow.
EPD-N vs. SE-N. He likes both stocks. These MLP structures are quite complicated. There is generally the General Partner and a Limited Partner. In SEP they are separate, and has SE as a general partner and SEP is the Master Limited Partnership. The market prefers a company with enterprise products where they are rolled into one company, which it feels eliminates a conflict of interest. SE has outperformed SEP by quite a bit over the past year, so this is probably more of a bargain.
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Enterprise Products Partners L P(EPD-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
Enterprise Products Partners L P(EPD-N) Frequently Asked Questions
What is Enterprise Products Partners L P stock symbol?
Enterprise Products Partners L P is a American stock, trading under the symbol EPD-N on the New York Stock Exchange (EPD). It is usually referred to as NYSE:EPD or EPD-N
Is Enterprise Products Partners L P a buy or a sell?
In the last year, 2 stock analysts published opinions about EPD-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Enterprise Products Partners L P.
Is Enterprise Products Partners L P a good investment or a top pick?
Enterprise Products Partners L P was recommended as a Top Pick by on . Read the latest stock experts ratings for Enterprise Products Partners L P.
Why is Enterprise Products Partners L P stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Enterprise Products Partners L P worth watching?
2 stock analysts on Stockchase covered Enterprise Products Partners L P In the last year. It is a trending stock that is worth watching.
What is Enterprise Products Partners L P stock price?
On 2023-09-21, Enterprise Products Partners L P (EPD-N) stock closed at a price of $27.25.
Hit a 52-week high today. Pays a 7% yield and has a super pipeline.