Workflow
Enterprise Products Partners L.P.(EPD)
icon
Search documents
What Recession? I'm Swimming In Dividends
Seeking Alpha· 2025-04-29 11:35
You might have a friend around the same age who grew up just a few houses down from you. You went to the same school, took the same classes, perhaps even pursued the same degree at the university, and endedHigh Dividend Opportunities, #1 On Seeking AlphaSave yourself thousands of dollars by creating a portfolio that pays you to hold it. No selling required to fund your retirement dreams. Tired of going it alone or visiting a financial advisor who just doesn't seem to care? Join our lively group! Our Income ...
Enterprise Products Partners L.P.(EPD) - 2025 Q1 - Quarterly Results
2025-04-29 10:01
Exhibit 99.1 Enterprise Reports First Quarter 2025 Earnings Houston, Texas (Tuesday, April 29, 2025) – Enterprise Products Partners L.P. ("Enterprise") (NYSE: EPD) today announced its financial results for the three months ended March 31, 2025. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.64 per common unit on a fully diluted basis, for the first quarter of 2025, compared to $1.5 billion, or $0.66 per common unit on a fully diluted basis, for the first quarter of ...
4 Pipeline Stocks to Buy With $1,000 and Hold Forever
The Motley Fool· 2025-04-26 08:41
Industry Overview - Pipeline companies are well positioned despite disruptions in energy markets, functioning similarly to toll-road businesses where energy prices have a moderate impact on results [1] - Demand for natural gas is increasing due to rising power consumption from artificial intelligence (AI) and export demand for LNG to Asia and Europe [1] Company Summaries Energy Transfer - Energy Transfer operates one of the largest integrated midstream systems in the U.S., particularly in the Permian Basin, which has low breakeven costs [3] - The company plans to increase growth capital expenditures from $3 billion in 2024 to $5 billion in 2025, with key projects like the Hugh Brinson Pipeline to support growing power demand in Texas [4] - Energy Transfer has a robust project backlog and offers a 7.9% yield with plans to grow distributions at a rate of 3% to 5% [5] Enterprise Products Partners - Enterprise Products Partners has increased its distribution for 26 consecutive years and is also well positioned in the Permian Basin [6] - The company plans to spend $4 billion to $4.5 billion on growth projects this year, up from $3.9 billion last year [6] - Enterprise has $7.6 billion in growth projects under construction, with $6 billion expected to come online this year, and offers a 7.1% yield with a 1.7 times coverage ratio [7] The Williams Companies - The Williams Companies owns the Transco pipeline system, which is valuable for transporting natural gas from Appalachia to the Gulf Coast [9] - Transco provides expansion opportunities, particularly as utilities switch from coal to natural gas, with seven expansion projects planned between 2025 and 2029 [10] - The company currently has a 3.5% yield and plans to grow its dividend by over 5% this year [11] Kinder Morgan - Kinder Morgan handles around 40% of U.S. natural gas production and has a strong presence in the Permian Basin [12] - The project backlog has increased from $3 billion at the end of 2023 to $8.8 billion by Q1 2025, with a projected return of 16.7% on these investments [13] - The stock offers a 4.5% yield and has improved its leverage from 5.1 times in 2017 to 4 times in 2024 [14]
Seeking Clues to Enterprise Products (EPD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-04-25 14:21
Core Viewpoint - Enterprise Products Partners (EPD) is expected to report quarterly earnings of $0.69 per share, a 4.6% increase year-over-year, while revenues are forecasted to decline by 4.5% to $14.09 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.7% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Metrics Projections - Analysts project 'NGL Pipelines & Services net - NGL fractionation volumes per day' to reach 1,613.15 million barrels of oil, up from 1,557 million barrels in the same quarter last year [5]. - 'NGL Pipelines & Services net - Fee-based natural gas processing per day' is expected to be 7,062.97 million barrels of oil, compared to 6,363 million barrels in the same quarter last year [6]. - 'NGL Pipelines & Services net - NGL pipeline transportation volumes per day' is forecasted at 4,458.61 million barrels of oil, up from 4,157 million barrels in the same quarter last year [7]. - 'Natural Gas Pipelines & Services net - Natural gas transportation volumes per day' is estimated at 20,175.16 BBtu/D, compared to 18,600 BBtu/D a year ago [7]. - 'Petrochemical Services net - Butane isomerization volumes per day' is projected to be 120.07 million barrels of oil, slightly up from 117 million barrels last year [8]. - 'Petrochemical Services net - Propylene fractionation volumes per day' is expected to reach 104.11 million barrels of oil, compared to 96 million barrels last year [9]. - 'Petrochemical Services net - Octane enhancement and related plant sales volumes per day' is estimated at 31.03 million barrels of oil, down from 35 million barrels last year [10]. - 'NGL Pipelines & Services net - Equity NGL production per day' is projected at 196.18 million barrels of oil, up from 185 million barrels last year [11]. Gross Operating Margin Estimates - 'Gross operating margin- NGL Pipelines & Services' is expected to reach $1.46 billion, compared to $1.34 billion in the same quarter last year [11]. - 'Gross operating margin- Crude Oil Pipelines & Services' is estimated at $411.62 million, slightly up from $411 million a year ago [12]. - 'Gross operating margin- Natural Gas Pipelines & Services' is projected at $342.12 million, compared to $312 million last year [12]. - 'Gross operating margin- Petrochemical & Refined Products Services' is expected to be $352.84 million, down from $444 million last year [13]. Stock Performance - Shares of Enterprise Products have shown a return of -7.8% over the past month, compared to a -4.8% change in the Zacks S&P 500 composite [13].
EPD Growth in Emerging Market Supports Abbott Stock Amid Macro Woes
ZACKS· 2025-04-24 16:40
Core Insights - Abbott's diversified business portfolio is positioned to drive momentum in 2025 despite foreign exchange challenges [1] - The stock currently holds a Zacks Rank 3 (Hold) [1] Factors Driving Abbott Shares - Abbott's Established Pharmaceuticals Division (EPD) saw an 8% organic sales increase in Q1 2025, leveraging its presence in emerging markets [2] - The company has secured rights to 15 biosimilar products and recently agreed to commercialize four additional biosimilars across various regions, enhancing its position in the branded generic pharmaceutical market [2] Diagnostics Business Expansion - Abbott's Diagnostics business accounted for 20% of total revenues in Q1 2025, with a 6.5% growth in Core Laboratory Diagnostics (excluding China) [3] Diabetes Care Growth - The FreeStyle Libre continuous glucose monitoring system has achieved global leadership, with sales in Diabetes Care growing 21.6% to over $1.7 billion in Q1 2025 [4][5] Stock Performance - Year-to-date, Abbott shares have gained 17.7%, outperforming the industry's 1.7% improvement, driven by expansion in high-growth areas and new product launches [6] Concerns for Abbott - Foreign exchange impacts were unfavorable, contributing to a 2.8% decline in sales year-over-year in Q1 2025 [7] - Rising raw material and freight costs, along with a challenging macroeconomic environment, may affect Abbott's business in the coming months [8] - Selling, general, and administrative expenses increased by 3.4% in Q1 2025 [9]
Enterprise Products Partners (EPD) Flat As Market Gains: What You Should Know
ZACKS· 2025-04-23 22:55
Core Viewpoint - Enterprise Products Partners (EPD) is experiencing a mixed performance in the market, with a recent stock price of $30.70 and a notable decline over the past month, while upcoming earnings are anticipated to show slight growth in EPS but a decrease in revenue [1][2]. Company Performance - EPD's stock price remained unchanged at $30.70, underperforming compared to the S&P 500's gain of 1.67% on the same day [1]. - Over the past month, EPD shares have decreased by 8.36%, which is better than the Oils-Energy sector's decline of 10.69% but worse than the S&P 500's loss of 6.57% [1]. Upcoming Earnings - The company is set to release its earnings report on April 29, 2025, with an expected EPS of $0.70, reflecting a 6.06% increase from the same quarter last year [2]. - Revenue is projected to be $14.19 billion, indicating a 3.83% decrease compared to the equivalent quarter last year [2]. Full Year Estimates - For the full year, earnings are estimated at $2.91 per share and revenue at $57.77 billion, showing increases of 8.18% and 2.76% respectively from the previous year [3]. - Recent analyst estimate revisions suggest a positive outlook for EPD's business and profitability [3]. Analyst Ratings - EPD currently holds a Zacks Rank of 2 (Buy), with a 0.21% increase in the consensus EPS estimate over the last 30 days [5]. - The Zacks Rank system has a strong track record, with 1 stocks averaging a 25% annual return since 1988 [5]. Valuation Metrics - EPD is trading at a Forward P/E ratio of 10.54, which is lower than the industry average of 11.83 [6]. - The company has a PEG ratio of 1.25, compared to the Oil and Gas - Production Pipeline - MLB industry's average PEG ratio of 1.04 [7]. Industry Context - The Oil and Gas - Production Pipeline - MLB industry is ranked 22 in the Zacks Industry Rank, placing it in the top 9% of over 250 industries [8]. - Higher-rated industries tend to outperform lower-rated ones by a factor of 2 to 1 [8].
Should You Buy Energy Transfer or This High-Yield Alternative?
The Motley Fool· 2025-04-20 08:05
Core Viewpoint - Energy Transfer (ET) offers an attractive yield of approximately 7.6%, significantly higher than the broader market's yield of 1.3% and the average energy stock's yield of around 3% [1] Company Overview - Energy Transfer operates as a midstream business, owning energy infrastructure such as pipelines and storage assets that facilitate the movement of oil and natural gas globally [2] - The company charges fees for the use of its energy assets, functioning similarly to a toll on a bridge [2] Industry Context - The midstream sector is essential for the energy industry, as it ensures the movement of oil and gas regardless of price fluctuations, leading to relatively reliable cash flows throughout economic cycles [3] Comparison with Peers - Energy Transfer's business model is not unique; for instance, Enterprise Products Partners (EPD) operates similarly but offers a lower yield of 6.9%, which may be a more prudent choice for investors [4] - Enterprise Products Partners has a history of increasing its distribution consistently, even during uncertain times, contrasting with Energy Transfer's past distribution cut [7][8] Reliability Concerns - Energy Transfer's distribution has been increasing since 2021 after a significant cut in 2020, which raised concerns about its reliability among dividend investors [5] - The lack of explanation for the 2020 distribution cut and the subsequent focus on debt reduction during uncertain times has led to skepticism regarding Energy Transfer's commitment to consistent payouts [5][8] Investor Considerations - For dividend investors prioritizing income consistency, Enterprise Products Partners may be viewed as a better option due to its track record of regular increases, despite its lower yield [9]
Stock Market Crash: The 4 Best Dividend Stocks to Buy Right Now
The Motley Fool· 2025-04-13 19:18
Core Viewpoint - The article emphasizes the importance of identifying stocks with attractive dividends amidst market volatility, particularly due to the impact of tariffs on stock performance. Group 1: Energy Transfer and Enterprise Products Partners - Energy Transfer and Enterprise Products Partners are two major midstream master limited partnerships (MLPs) in the U.S. with strong distributions well covered by their distributable cash flow [2][3] - Energy Transfer has a forward yield of 8.3%, while Enterprise Products Partners has a yield of 7.4% [2] - Both companies benefit from increasing natural gas demand and have a fee-based business model, which helps protect cash flow during economic downturns [3] - They are currently in growth mode, but tariffs on products like steel may increase project costs, potentially affecting project returns [4] - Energy Transfer trades at an enterprise value (EV)-to-EBITDA multiple of 8.1 times, while Enterprise trades at 9.8 times, both below the historical average of 13.7 times [5] Group 2: Philip Morris International - Philip Morris International is a growth stock in a defensive industry with a current yield of 3.6% [6] - The company has minimal exposure to tariffs, as its products are primarily sold and manufactured outside the U.S. [7] - Growth is driven by its smokeless portfolio, particularly Zyn and IQOS, with Zyn volumes increasing by 46% last quarter [8] - Zyn has six times the product contribution level compared to traditional cigarettes, while IQOS has 2 to 2.5 times [9] - The stock is attractively valued with a forward P/E ratio of just over 21 times and a PEG ratio under 0.4, indicating it is undervalued [10] Group 3: Verizon - Verizon Communications offers a 6.4% yield and is considered attractive due to the essential nature of its services during economic downturns [11] - The company has experienced modest overall revenue growth but strong subscriber growth in wireless and broadband [12] - Verizon is leveraging its network for the AI market with its AI Connect solution, which is being utilized by major companies like Alphabet and Meta Platforms [13] - The company generated $19.8 billion in free cash flow last year, significantly exceeding its $11.2 billion in dividends, allowing for potential dividend increases and investments [14]
Buy The Dip: 2 Dirt-Cheap High-Yield Blue Chips For Uncertain Times
Seeking Alpha· 2025-04-09 12:05
Group 1 - The stock market has experienced a significant sell-off, leading to many stocks appearing undervalued, particularly in the high-yield sector [1] - There is considerable uncertainty regarding the duration and extent of tariffs, which may impact investment decisions [1] Group 2 - The company invests substantial resources, over $100,000 annually, into identifying profitable investment opportunities [2] - The investment strategy has garnered over 180 five-star reviews from members, indicating a positive reception and effectiveness [2]
Down -7.8% in 4 Weeks, Here's Why You Should You Buy the Dip in Enterprise Products (EPD)
ZACKS· 2025-04-07 14:46
Group 1 - The stock of Enterprise Products Partners (EPD) has experienced a downtrend, declining 7.8% over the past four weeks due to excessive selling pressure, but it is now in oversold territory, indicating a potential turnaround [1] - The Relative Strength Index (RSI) for EPD is currently at 26.35, suggesting that the heavy selling may be exhausting itself and a reversal could occur soon [5] - Analysts covering EPD have raised earnings estimates for the current year, resulting in a 0.5% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] Group 2 - EPD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating strong potential for a near-term turnaround [8]