Enterprise Products Partners continues to produce plenty of cash to cover its big-time distribution and expansion plan.Enterprise Products Partners (EPD -1.78%) has been one of the most reliable income stocks in the energy sector. The master limited partnership (MLP) has increased its cash distribution for 25 years in a row. That's impressive, given the industry's volatility. The pipeline giant currently offers a 7.6%-yielding payout. That lucrative passive income stream is on an extremely firm foundation, ...

Enterprise Products Partners LP’s (EPD) first-quarter 2024 adjusted earnings per limited partner unit of 66 cents beat the Zacks Consensus Estimate of 64 cents. The bottom line also increased from the year-ago quarter’s level of 64 cents.Total quarterly revenues of $14.8 billion topped the Zacks Consensus Estimate of $13.4 billion. The top line also improved from $12.4 billion reported in the prior-year quarter.The strong quarterly results can be attributed to increased operating margin of EPD’s fee-based b ...

Segment Gross Operating Margin Variance 1Q 2024 vs. 4Q 2023 NGL Segment 1Q 2024 vs. 4Q 2023 DNIESPRIS © All Rights Reserved. Enterprise Products Partners L.P. enterpriseproducts.com 17 Natural Gas Segment 1Q 2024 vs. 4Q 2023 Details: • Non-cash MTM activity resulted in a loss of $2MM in 1Q 2024 compared to a gain of $1MM in 4Q 2023 • Natural gas marketing activities (excluding MTM) GOM increased primarily due to higher average sales margins DNIESPRIS • The following slides summarize the primary drivers for ...

Good morning. Welcome to the Enterprise Product Partners conference call to discuss first quarter 2024 earnings. Our speakers today will be Co-Chief Executive Officers of EnterpriseÂ's General Partner, Jim Teague and Randy Fowler. Other members of our senior management team are also in attendance for the call today. Randy Fowler Operator Yes, IÂ'd say, Theresa, just inquire just think about Phase 2 being Albuquerque and Grand Junction as Jim had sent his comments. We feel good. WeÂ're on the verge of commis ...

Investors tend to flock to dividend stocks when uncertain about the market’s outlook. Commonly referred to as “defensive stocks,” these investments appeal to investors seeking consistent payouts over time. Dividends are generally paid quarterly, diverging from day traders’ interests in short-term profits. Thus, these types of stocks often demonstrate stability.With recent market volatility fueling worries of continued declines, some investors are unsurprisingly reexamining dividend-oriented investments. Bey ...

Exhibit 99.1 Enterprise Reports First Quarter 2024 Earnings Houston, Texas (Tuesday, April 30, 2024) – Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2024. Enterprise reported net income attributable to common unitholders of $1.5 billion, or $0.66 per unit on a fully diluted basis, for the first quarter of 2024, a 5 percent increase compared to $1.4 billion, or $0.63 per unit on a fully diluted basis, for the first quar ...

Enterprise Products Partners L.P. (EPD) is set to report first-quarter 2024 results on Apr 30, before the opening bell.In the last reported quarter, Enterprise Products’ strong quarterly results were backed by improved margins in its propylene and octane enhancement businesses. The leading midstream energy player beat the Zacks Consensus Estimate for earnings in two of the prior four quarters and missed the same twice, delivering an average surprise of 1.04%.Estimate TrendThe Zacks Consensus Estimate for EP ...

A little up-front investment can go a long way with these three stocks.Investing isn't just for the wealthy. Sure, it takes money to make money. However, it doesn't take much money to start making money investing in stocks.Of course, you still must find great companies to buy. That's not a difficult task, though. Here are three stocks under $50 you can buy hand over fist right now.1. Enterprise Products PartnersHow do the fuels that heat your home in the winter and power your vehicles year-round get to wher ...

Enterprise Products Partners (EPD) closed the latest trading day at $28.44, indicating a +0.18% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. Meanwhile, the Dow gained 0.06%, and the Nasdaq, a tech-heavy index, lost 0.52%.Shares of the provider of midstream energy services have depreciated by 2.07% over the course of the past month, underperforming the Oils-Energy sector's gain of 3.38% and the S&P 500's loss of 1.66%.Analysts and investors a ...

CHUNYIP WONG Enterprise Products Plus SPOT On April 9th Enterprise Product Partners (NYSE:EPD) announced that the license for the Sea Port Oil Terminal (SPOT) had finally been obtained. This project has been pursued by the company since 2019 and this achievement marks an important milestone for both EPD and the United States. The SPOT project is an offshore crude oil export terminal that allows VLCC vessels to directly load in the Gulf of Mexico, 30 miles off the coast of Texas. At the terminal, two ves ...