STOCK TITAN

Enterprise Prods Partners L P - EPD STOCK NEWS

Welcome to our dedicated page for Enterprise Prods Partners L P news (Ticker: EPD), a resource for investors and traders seeking the latest updates and insights on Enterprise Prods Partners L P stock.

Enterprise Products Partners L.P. (EPD) stands as one of North America's leading providers of midstream energy services. Operating as a master limited partnership, EPD specializes in the transportation and processing of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals. The company's extensive network serves most producing regions across the Lower 48 states, emphasizing its significant presence in the energy sector.

Enterprise Products Partners is particularly dominant in the NGL market, offering a comprehensive range of midstream services across the entire hydrocarbon value chain. This includes gathering, processing, storage, and transportation. The company owns approximately 50,000 miles of pipeline, 260 million barrels of storage capacity for NGLs, crude oil, refined products, and petrochemicals, and 14 billion cubic feet of natural gas storage capacity.

EPD's commitment to innovation and growth is evident in its recent achievements and ongoing projects. The company continuously explores new growth areas and developing markets to enhance its service offerings. This proactive approach has led to the development of several key infrastructure projects aimed at increasing capacity and efficiency. Recent expansions include new pipelines, fractionators, and export facilities, positioning EPD as a critical player in the energy sector.

Financially, Enterprise Products Partners has demonstrated robust performance, characterized by steady revenue streams and a strong balance sheet. The company's reliable cash flow supports its substantial capital expenditure programs and enables regular distribution payments to its unit holders. Strategic partnerships and joint ventures further amplify EPD's operational capabilities and market reach.

Enterprise Products Partners places a high value on human capital, recognizing that its success is driven by its talented workforce. The company offers competitive compensation packages and a comprehensive benefits program, providing employees with the flexibility to tailor benefits to their personal and family needs. EPD actively recruits highly motivated individuals with a passion for success, offering numerous career opportunities across various energy-related fields.

For those interested in joining a dynamic and forward-thinking organization, Enterprise Products Partners provides detailed information about career opportunities, benefits, application processes, and recruiting events on its website. Visit www.enterpriseproducts.com for more information.

Rhea-AI Summary
Enterprise Products Partners L.P. (NYSE: EPD) will participate in investor meetings at the Mizuho Power, Energy & Infrastructure Conference and Wells Fargo 22nd Annual Midstream & Utilities Symposium in New York City in December 2023. The partnership is a leading provider of midstream energy services in North America, offering a wide range of services including natural gas, NGLs, crude oil, refined products, and petrochemicals. With over 50,000 miles of pipelines and significant storage capacity, Enterprise Products Partners L.P. is a major player in the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
conferences
-
Rhea-AI Summary
Enterprise Products Partners L.P. (NYSE: EPD) will participate in investor meetings at the BofA Securities Global Energy Conference on November 15, 2023. The company is a leading provider of midstream energy services, offering natural gas, NGLs, crude oil, refined products, and petrochemicals transportation, storage, and marine terminals. For more information, visit www.enterpriseproducts.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
conferences
-
Rhea-AI Summary
Enterprise Products Partners L.P. (NYSE: EPD) announces the release of its 2023 Sustainability Report Update, highlighting its commitment to environmental, social, and governance (ESG) initiatives. The report can be accessed on the company's website and provides insights into its midstream energy services and extensive infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
none
Rhea-AI Summary
Enterprise Products Partners L.P. reported net income of $1.3 billion for Q3 2023, compared to $1.4 billion in Q3 2022. DCF was $1.9 billion for both quarters. Distributions increased 5.3% to $0.50 per unit. Adjusted CFFO was $2.0 billion. Capital investments were $826 million in Q3 2023. NGL pipeline volumes increased to 7.4 million BPD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
-
Rhea-AI Summary
Enterprise Products Partners L.P. announces four new capital projects to support production growth in the Permian Basin. The projects include two natural gas processing plants, a NGL pipeline, and an NGL fractionator. Crude oil, natural gas, and NGL production in the Permian Basin are expected to continue growing throughout the decade.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
none
-
Rhea-AI Summary
Enterprise Products Partners L.P. declares a quarterly cash distribution to be paid to common unitholders, representing a 5.3 percent increase over the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
Rhea-AI Summary
Enterprise Products Partners L.P. to host virtual investor meetings at the Wolfe Research Utilities, Midstream & Clean Energy Conference on September 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
conferences
-
Rhea-AI Summary
Intercontinental Exchange extends fee waiver arrangement for crude oil transfer, HOU records another strong trading month
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary
Enterprise Products Partners L.P. to participate in investor meetings at upcoming conferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
conferences
Rhea-AI Summary
Enterprise Products Partners L.P. (EPD) reported net income of $1.3 billion for Q2 2023, compared to $1.4 billion in Q2 2022. Distributable Cash Flow (DCF) was $1.7 billion, and distributions declared increased by 5.3% to $0.50 per common unit. Adjusted cash flow provided by operating activities was $1.9 billion. Second quarter volume highlights include 7.1 million BPD of NGL, crude oil, refined products & petrochemical pipeline volumes, and 18.3 TBtus/d of natural gas pipeline volumes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags

FAQ

What is the current stock price of Enterprise Prods Partners L P (EPD)?

The current stock price of Enterprise Prods Partners L P (EPD) is $33.34 as of February 21, 2025.

What is the market cap of Enterprise Prods Partners L P (EPD)?

The market cap of Enterprise Prods Partners L P (EPD) is approximately 72.9B.

What services does Enterprise Products Partners L.P. provide?

Enterprise Products Partners provides transportation and processing of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals.

Where does Enterprise Products Partners operate?

EPD operates primarily in the Lower 48 states of the U.S., serving most producing regions with its extensive pipeline and storage network.

What makes EPD dominant in the NGL market?

EPD's dominance in the NGL market is due to its comprehensive midstream services, including gathering, processing, storage, and transportation, backed by an extensive infrastructure.

What are some recent achievements of Enterprise Products Partners?

Recent achievements include new pipelines, fractionators, and export facilities that enhance capacity and efficiency, positioning EPD as a critical player in the energy sector.

How is EPD performing financially?

EPD has shown strong financial performance with steady revenue, a robust balance sheet, reliable cash flow, and regular distribution payments to unit holders.

Does Enterprise Products Partners offer job opportunities?

Yes, EPD offers numerous career opportunities across various energy-related fields and provides competitive compensation and comprehensive benefits packages.

What are some key projects EPD is currently working on?

EPD is working on several key infrastructure projects aimed at increasing capacity and efficiency, including new pipelines, fractionators, and export facilities.

How can I find more information about career opportunities at EPD?

Visit the EPD website at www.enterpriseproducts.com for detailed information about career opportunities, benefits, application processes, and recruiting events.

What is the significance of EPD's extensive infrastructure?

EPD's extensive infrastructure, including 50,000 miles of pipeline and substantial storage capacity, enables it to offer comprehensive midstream services and meet the energy needs of various regions.

How does EPD support its employees?

EPD supports its employees by offering competitive compensation packages, a comprehensive benefits program, and opportunities for career growth within a dynamic and innovative company.
Enterprise Prods Partners L P

NYSE:EPD

EPD Rankings

EPD Stock Data

72.92B
1.45B
32.79%
25.88%
1.05%
Oil & Gas Midstream
Natural Gas Transmission
Link
United States
HOUSTON