1.80%
2.33%
-1.18%
14.61%
20.83%
33.80%
37.32%
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Company Description
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 19 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 255 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.The company was founded in 1968 and is headquartered in Houston, Texas.
Market Data
| Last Price | 33.41 |
| Change Percentage | 1.80% |
| Open | 32.92 |
| Previous Close | 32.82 |
| Market Cap ( Millions) | 72419 |
| Volume | 3968638 |
| Year High | 34.63 |
| Year Low | 27.37 |
| M A 50 | 32.7 |
| M A 200 | 30.35 |
Financial Ratios
| FCF Yield | 5.01% |
| Dividend Yield | 6.29% |
| ROE | 27.75% |
| Debt / Equity | 112.54% |
| Net Debt / EBIDTA | 312.75% |
| Price To Book | 2.58 |
| Price Earnings Ratio | 12.52 |
| Price To FCF | 19.97 |
| Price To sales | 1.28 |
| EV / EBITDA | 10.56 |
News
- Mar -01 - 7 Stocks I'm Buying As The U.S. Economy Starts To Crack
- Mar -01 - 2 Very Overrated And 2 Very Underrated High-Yield Stocks
- Feb -28 - Enterprise Products Partners L.P. 2024 Form 10-K Now Available
- Feb -28 - Drill Deep, Flow Strong: A Combo of Upstream & Midstream Stocks to Buy
- Feb -28 - 5 Overlooked 12% Yields To Supercharge Your Early Retirement
- Feb -28 - Enterprise 2024 Schedule K-1 Tax Packages Now Available
- Feb -27 - 3 No-Brainer Oil Stocks to Buy With $500 Right Now
- Feb -26 - BofA Securities Says Stagflation May Return: Grab These 4 Dependable Dividend Stocks Set to Outperform
- Feb -26 - Stock Picker's Paradise - 3 Dividend Gems Built To Shine
- Feb -25 - 1 BDC And 1 MLP That Just Have To Be Put In Your Income Portfolio
- Feb -25 - Enterprise to Participate in Investor Conferences
- Feb -23 - 3 Ultra-High-Yield Dividend Stocks You Can Buy and Hold Forever
- Feb -22 - Enterprise Products Partners: A Great Opportunity Relative To Other Similar Firms
- Feb -20 - 5 High-Yield Stocks For Retiring To A Lifetime Of Growing Passive Income
- Feb -18 - Berkshire Keeps Buying Occidental Petroleum, But I Prefer Enterprise Products Partners
- Feb -18 - The Market Is About To Flip: 3 AI-Driven Dividend Stocks Set To Soar
- Feb -18 - Forget 60/40, Buy These Cash Cow Bargains Instead
- Feb -17 - 10% Yields With Lower Risk: 3 Rare Buying Opportunities You Can't Ignore
- Feb -17 - An Important Warning For Dividend Investors
- Feb -16 - Getting a Tax Refund? 3 High-Yield Stocks to Buy With Your Refund Check.
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Crude Oil Pipelines & Services
Expected Growth : 12 %
What the company do ?
Enterprise Products Partners L.P.'s Crude Oil Pipelines & Services segment transports and stores crude oil through its network of pipelines and terminals, providing logistics and marketing services.
Why we expect these perspectives ?
Enterprise Products Partners L.P.'s Crude Oil Pipelines & Services segment growth of 12% is driven by increasing US crude oil production, particularly in the Permian Basin, and growing demand for pipeline transportation. Additionally, the company's strategic acquisitions and expansions, such as the Midland-to-ECHO pipeline, have increased capacity and efficiency, supporting volume growth and higher margins.
Segment n°2 -> Natural Gas Liquids Pipelines & Services
Expected Growth : 13 %
What the company do ?
Enterprise Products Partners L.P.'s Natural Gas Liquids Pipelines & Services segment transports, stores, and markets natural gas liquids, providing midstream energy infrastructure services.
Why we expect these perspectives ?
Enterprise Products Partners L.P.'s Natural Gas Liquids Pipelines & Services segment growth of 13% is driven by increasing demand for NGLs, expansion of pipeline infrastructure, and strategic acquisitions. Additionally, growing production of shale gas and liquids, coupled with strong export demand, contributes to the segment's growth.
Segment n°3 -> Petrochemical & Refined Products Services
Expected Growth : 15 %
What the company do ?
Enterprise Products Partners L.P.'s Petrochemical & Refined Products Services segment provides transportation and storage services for petrochemicals, liquefied petroleum gases, and refined products.
Why we expect these perspectives ?
Enterprise Products Partners L.P.'s Petrochemical & Refined Products Services segment growth is driven by increasing demand for petrochemicals, expansion of refining capacity, and strategic acquisitions. Additionally, growing exports of refined products, improved operational efficiency, and favorable crude oil prices contribute to the 15% growth.
Segment n°4 -> Natural Gas Pipelines & Services
Expected Growth : 11 %
What the company do ?
Enterprise Products Partners L.P.'s Natural Gas Pipelines & Services segment transports and processes natural gas, providing midstream energy services to producers and consumers.
Why we expect these perspectives ?
Enterprise Products Partners L.P.'s Natural Gas Pipelines & Services segment growth of 11% is driven by increasing demand for natural gas, expansion of existing pipeline infrastructure, and strategic acquisitions. Additionally, growing LNG exports, rising production from shale plays, and favorable regulatory environment contribute to the segment's growth.
Enterprise Products Partners L.P. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Pipelines | Enterprise Products Partners L.P. operates a network of natural gas pipelines that transport natural gas from production areas to consumption areas. |
| Natural Gas Processing | Enterprise Products Partners L.P. provides natural gas processing services to separate natural gas liquids (NGLs) from natural gas. |
| NGL Pipelines | Enterprise Products Partners L.P. operates a network of NGL pipelines that transport NGLs from processing facilities to fractionation facilities. |
| Fractionation | Enterprise Products Partners L.P. provides fractionation services to separate NGLs into individual components such as ethane, propane, and butane. |
| Marine Transportation | Enterprise Products Partners L.P. operates a fleet of vessels that transport NGLs, crude oil, and other petroleum products. |
| Petrochemical Services | Enterprise Products Partners L.P. provides petrochemical services, including storage, transportation, and marketing of petrochemical products. |
| Crude Oil Pipelines | Enterprise Products Partners L.P. operates a network of crude oil pipelines that transport crude oil from production areas to refineries. |
Enterprise Products Partners L.P.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Enterprise Products Partners L.P. is medium due to the availability of alternative energy sources and transportation methods.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's diverse customer base and lack of concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the company's dependence on a few key suppliers for certain materials and services.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the energy transportation and storage industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the energy transportation and storage industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.23% |
| Debt Cost | 4.40% |
| Equity Weight | 48.77% |
| Equity Cost | 8.90% |
| WACC | 6.59% |
| Leverage | 105.05% |
Enterprise Products Partners L.P. : Quality Control
Enterprise Products Partners L.P. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CQP | Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana. … |
| ET | Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural … |
| WMB | The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, … |
| KMI | Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines … |
| OKE | ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Cheniere Energy Partners
A-Score
1-Year Total Return ->
🥈
Energy Transfer
A-Score
1-Year Total Return ->
🥉
Enterprise Products Partners
A-Score
1-Year Total Return ->
4
Kinder Morgan
A-Score
1-Year Total Return ->
5
Williams
A-Score
1-Year Total Return ->
6
