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$19.93 -$0.43 (-2.1%)

04:00 PM EST on 11/27/20

Enterprise Products Partners L.P. (NYSE:EPD)

CAPS Rating: 4 out of 5

A North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids, crude oil, and certain petrochemicals.

Current Price $19.93 Mkt Cap $43.5B
Open $20.32 P/E Ratio 9.68
Prev. Close $19.93 Div. (Yield) $1.78 (8.9%)
Daily Range $19.88 - $20.44 Volume 4,597,917
52-Wk Range $10.27 - $29.22 Avg. Daily Vol. 8,268,746

Caps

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All Players

1,416 Outperform
30 Underperform
 

All-Star Players

159 Outperform
6 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:EPD Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

TMFFlygal (99.37)
Submitted May 01, 2020

18% roe trading at an 8 PE Morningstar analyst says they are chess masters where others are playing checkers, I just have to give that a try.

DLM354 (20.54)
Submitted August 25, 2006

federal mandates.....cost of upgrading pipelines

Recent Community Commentary

Read the most recent pitches from players about EPD.

Recs

0
Member Avatar marketshadow (65.62) Submitted: 11/16/2020 5:17:04 AM : Outperform Start Price: $17.91 NYSE:EPD Score: +10.18

The company is focused on customers whose business have good prospects during a challenging period like the 2nd quarter. The result was that business did not fall apart as the market expected. The actual midstream structure itself is comprehensive and very diversified. The important part to note is that the natural gas liquids (or NGLs) are a big part of EPD's business, with gross operating margin for that segment being about 51% of the business.

To better understand what NGLs are, I will quote the 'Energy Information Administration':

Natural gas liquids ('NGLs') are hydrocarbons—in the same family of molecules as natural gas and crude oil, composed exclusively of carbon and hydrogen. Ethane, propane, butane, isobutane, and pentane are all NGLs. There are many uses for NGLs, spanning nearly all sectors of the economy. NGLs are used as inputs for petrochemical plants, burned for space heat and cooking, and blended into vehicle fuel....The chemical composition of these hydrocarbons is similar, yet their applications vary widely. Ethane occupies the largest share of NGL field production. It is used almost exclusively to produce ethylene, which is then turned into plastics. Much of the propane, by contrast, is burned for heating, although a substantial amount is used as petrochemical feedstock.

Source: U.S. Energy Information Administration

What was needed was customers (and end users) who need goods and products such as medical tubing, heating, car tires, detergents, plastics, and other manufactured products such as food packaging. The vast majority of these products are by-products of NGLs.

These types of uses occur even when the economy turns down due to “shelter in place” orders, and therefore necessities rather than cyclical in nature. In fact, plastic production, a petrochemical derivative, is expected to increase by 400% by the year 2050.

Enterprise Products Partners has long had a customer mix that has generally been relatively unaffected by economic downturns. The latest earnings report is an example of that resilience. Some managements are very good at finding resilient customers and focusing on those customers.

The other key is a low distribution ratio to provide a cushion “just in case” As shown above, management has always kept a fair amount of cash to reinvest in the business. This company was one of the first to stop relying on trips to the marketplace to raise capital. Also, the project profitability appears to be a good deal better than the industry average. Good management is a lot of small things that build into a very positive picture. Here that picture is the ability to raise the dividend/distribution practically at will from current levels. The company has increased its distribution for 21 consecutive years.

Recs

0
Member Avatar Random579 (53.55) Submitted: 10/20/2020 9:02:38 PM : Outperform Start Price: $16.84 NYSE:EPD Score: +12.49

Undervalued relative to earnings, good management, wide moat, secure balance sheet. Oil and natural gas are likely to be part of the energy mix for many years to come.

Recs

0
Member Avatar Future360 (< 20) Submitted: 9/18/2020 9:39:14 AM : Outperform Start Price: $16.04 NYSE:EPD Score: +15.55

Conservative management in times that is required. healthy Inside purchasing (including CEO).

Leaderboard

Find the members with the highest scoring picks in EPD.

Score Leader

acwack

acwack (26.81) Score: +378.93

The Score Leader is the player with the highest score across all their picks in EPD.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
StKitt 27.84 1/27/2012 Underperform 5Y $14.71 +35.51% +177.10% +141.59 0 Comment
Hcurb1 98.83 9/3/2010 Underperform 5Y $10.62 +87.60% +228.76% +141.15 0 Comment
mjbizdev 22.21 6/4/2012 Underperform 5Y $14.01 +42.29% +183.25% +140.97 0 Comment
KlownKollegeGrad 63.03 2/1/2012 Underperform 3M $14.98 +33.06% +173.27% +140.21 0 Comment
greenhornet07 < 20 8/5/2010 Underperform 1Y $10.61 +87.85% +223.98% +136.14 1 Comment
cthomas1017 94.73 4/2/2012 Underperform 5Y $15.21 +31.06% +158.58% +127.52 0 Comment
oceaninvestor 36.38 3/18/2013 Underperform 5Y $17.68 +12.70% +135.63% +122.93 0 Comment
WalravensJean 28.02 3/10/2011 Underperform 5Y $11.70 +70.35% +178.50% +108.15 0 Comment
BottomIsIn 94.67 10/8/2008 Outperform 5Y $4.20 +375.02% +273.87% +101.15 0 Comment
bullshiite 28.33 3/19/2009 Underperform 3W $5.42 +267.42% +366.99% +99.57 0 Comment

Wall Street

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