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Enterprise Products Partners L.P. - EPD STOCK NEWS

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

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Enterprise Products Partners L.P. reported its financial results for Q1 2023, with net income of $1.4 billion and distributable cash flow of $1.9 billion. Distributions increased by 5.4% compared to Q1 2022. The partnership plans to put $3.8 billion of assets in service in 2023.
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Enterprise Products Partners L.P. (NYSE: EPD) announced a quarterly cash distribution of $0.49 per unit for Q1 2023, equating to an annualized rate of $1.96. This represents a 5.4% increase compared to Q1 2022. The distribution will be paid on May 12, 2023, to unitholders on record as of April 28, 2023. In Q1 2023, Enterprise repurchased 0.7 million units for $17.0 million, utilizing 37% of its $2.0 billion buyback program. Earnings will be announced on May 2, 2023, followed by a conference call at 9 a.m. CT.

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Enterprise Products Partners L.P. (NYSE: EPD) announced it will host investor one-on-one meetings at the J.P. Morgan Midwest Utilities & Midstream 1x1 Forum on April 6, 2023 in Chicago, Illinois. The latest investor deck for these meetings is available on the company's website. As a major publicly traded partnership, Enterprise Products offers extensive midstream energy services across North America, including the transportation and storage of natural gas, crude oil, and petrochemicals. The partnership boasts over 50,000 miles of pipelines and 260 million barrels of storage capacity.

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Enterprise Products Partners L.P. (NYSE: EPD) will hold its annual investor and securities analyst day on March 29, 2023, at 8 a.m. CDT in Houston. The event will be accessible via a live webcast on the company’s website, including slides for attendees.

Enterprise Products is a major midstream energy service provider in North America, offering various services such as natural gas gathering, transportation, and storage, as well as NGL and crude oil services. The company boasts over 50,000 miles of pipelines and 260 million barrels of storage capacity. For more details, visit www.enterpriseproducts.com.

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Enterprise Products Partners L.P. (NYSE: EPD) has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission. The report, which details the partnership's operations as a leading provider of midstream energy services, is available on its website. EPD operates extensive pipeline networks and storage facilities across North America, covering over 50,000 miles of pipelines and more than 260 million barrels of storage capacity for various energy products. Additionally, interested parties can request hard copies of the report free of charge.

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Enterprise Products Partners L.P. (NYSE:EPD) has made its 2022 tax packages, including schedule K-1s, available online. Unitholders can access their tax documents through the K-1 Tax Package Support website at www.taxpackagesupport.com/enterprise. The company expects to start mailing the tax packages today and finish by March 6, 2023. As a leading midstream energy service provider, Enterprise operates over 50,000 miles of pipelines and has significant storage capacity for natural gas, NGLs, and crude oil.

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FAQ

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

The current stock price of Enterprise Products Partners L.P. (EPD) is $32.82 as of November 22, 2024.

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

The market cap of Enterprise Products Partners L.P. (EPD) is approximately 70.5B.

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 Products Partners L.P.

NYSE:EPD

EPD Rankings

EPD Stock Data

70.47B
1.46B
32.79%
25.99%
0.89%
Oil & Gas Midstream
Natural Gas Transmission
Link
United States of America
HOUSTON