Enterprise Products Partners (2024)

FAQs

What are enterprise product partners? ›

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products and petrochemicals.

Enterprise Products Partners has 17.71% upside potential, based on the analysts' average price target. Enterprise Products Partners has a consensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings. Enterprise Products Partners's analyst rating consensus is a Strong Buy.

Why do unitholders receive Schedule K-1 forms rather than Form 1099? A corporation reports dividends, interest and various other items to its shareholders on Form 1099. A partnership passes its profits and losses through to its partners as reported on a Schedule K-1.

The ownership structure of Enterprise Products Partners (EPD) stock is a mix of institutional, retail and individual investors. Approximately 21.19% of the company's stock is owned by Institutional Investors, 50.09% is owned by Insiders and 28.72% is owned by Public Companies and Individual Investors.

However, they can also offer several benefits, such as increased efficiency, productivity, and profitability. Some examples of enterprise products include: Customer relationship management (CRM) software. Enterprise resource planning (ERP) software.

Enterprise Products Partners total number of employees in 2022 was 7,300, a 5.63% increase from 2021.

EPD Dividend Information

EPD has an annual dividend of $2.06 per share, with a forward yield of 7.27%. The dividend is paid every three months and the last ex-dividend date was Apr 29, 2024.

Energy Transfer has a huge 8% yield, but you'd be better off with this still massive, 7.3%-yielding alternative. If all you consider is yield, then Energy Transfer (ET -0.07%) and its roughly 8% distribution yield will handily beat out Enterprise Products Partners (EPD 0.32%) and its 7.3% yield.

Energy Transfer LP - Unit quote is equal to 15.370 USD at 2024-06-05. Based on our forecasts, a long-term increase is expected, the "ET" stock price prognosis for 2029-05-30 is 27.170 USD. With a 5-year investment, the revenue is expected to be around +76.77%. Your current $100 investment may be up to $176.77 in 2029.

Enterprise Products Partners L.P. is a publicly traded partnership pursuant to Internal Revenue Code Section 7704(b) and is taxed as a partnership for U.S. tax purposes.

Has EPD stock ever split? ›

Enterprise Products stock (symbol: EPD) underwent a total of 2 stock splits. The most recent stock split occured on August 22nd, 2014.

Schedule K-1 is an IRS form used by partnerships, S corporations, and estates and trusts to declare the income, deductions, and credits that partners, shareholders, and beneficiaries have received in the tax year. Individual taxpayers transfer the financial information on their K-1s to their tax returns.

A safe and growing distribution

With a yield of about 7%, Enterprise gives investors a very attractive income stream from its distribution payouts. Even better, the company has increased its distribution every year for the past 25 years.

EPD is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 10.36 right now. For comparison, its industry sports an average P/E of 12.12. Over the last 12 months, EPD's Forward P/E has been as high as 11.18 and as low as 9.69, with a median of 10.28.

Enterprise Partner means a business, a company, a social, cultural, not-for-profit, governmental or non-government organisation.

An enterprise product is a product that has been innovated to satisfy the requirements of an overall company vs individual consumers.

In the realm of business, the term 'Enterprise Product' refers to a comprehensive solution designed to meet the complex needs of a large organization. These products are typically robust, scalable, and customizable, addressing a wide range of business processes and functions.

Enterprise Products Partners LP operates as holding company, which engages in the production and trade of natural gas and petrochemicals.