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Earnings transcript
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EPD
Enterprise Products Partners L.P.
$36.82
1.25
(3.51%)
| Exchange: | NYSE |
| Market Cap: | 79.512B |
| Shares Outstanding: | 226.667M |
Delayed data
About The Company
| Sector: | EnergyView sector performance | |||||
| Industry: | Oil & Gas MidstreamView industry performance | |||||
| CEO: | W. Randall Fowler | |||||
| Full Time Employees: | 8000 | |||||
| Address: |
| |||||
| Website: | https://www.enterpriseproducts.com |
Enterprise Products Partners L.P. delivers essential midstream energy services, connecting both producers and consumers of diverse commodities such as natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Its operations are structured across four distinct business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services division focuses on natural gas processing and associated NGL marketing. This segment oversees 19 natural gas processing facilities situated across Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming. Furthermore, it manages an extensive network of NGL pipelines, fractionation plants, storage sites for NGLs and related products, and NGL marine export/import terminals. Within the Crude Oil Pipelines & Services segment, the company manages crude oil pipelines, along with storage and marine terminals. A notable asset in this segment is its fleet of 255 tractor-trailer tank trucks, crucial for crude oil transportation. It also actively participates in crude oil marketing. The Natural Gas Pipelines & Services segment is dedicated to the gathering, treatment, and transmission of natural gas through its pipeline systems. This includes leasing underground salt dome natural gas storage facilities in Napoleonville, Louisiana, and owning a similar underground salt dome storage cavern in Wharton County, Texas. Natural gas marketing also forms part of its activities. Finally, the Petrochemical & Refined Products Services segment handles propylene fractionation and related marketing efforts. Its capabilities extend to butane isomerization complexes and associated deisobutanizer operations, as well as facilities for octane enhancement and the production of high-purity isobutylene. This segment additionally operates refined products pipelines and terminals, and ethylene export terminals, complementing these with refined products marketing and marine transportation solutions. Established in 1968, Enterprise Products Partners L.P. maintains its corporate headquarters in Houston, Texas.
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Revenue Segmentation
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| EPD | Enterprise Products Partners L.P. | 79.5B | 12.5 | 12.2 | 11.3% |
 KMI | Kinder Morgan, Inc. | 76.2B | 20.8 | 22.2 | 5.7% |
 WMB | The Williams Companies, Inc. | 87.2B | 28.8 | 29.0 | 6.6% |
 TRP | TC Energy Corporation | 64.3B | 25.7 | 23.2 | 5.1% |
 TRGP | Targa Resources Corp. | 63.2B | 27.2 | 26.1 | 14.1% |
 LNG | Cheniere Energy, Inc. | 59.8B | 20.6 | 29.4 | 17.6% |
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 49,715,000 | 56,219,000 | 52,596,000 |
| Gross Profit | 6,716,000 | 7,224,000 | 7,156,000 |
| EBITDA | 9,047,000 | 9,587,000 | 9,695,000 |
| Operating Income | 6,929,000 | 7,338,000 | 6,905,000 |
| Net Income | 5,532,000 | 5,901,000 | 5,814,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 70,982,000 | 77,168,000 | 0 |
| Total Liabilities | 42,223,000 | 47,579,000 | -30,100,000 |
| Total Stockholders Equity | 27,673,000 | 28,732,000 | 30,100,000 |
| Total Debt | 29,071,000 | 32,262,000 | 0 |
| Cash and Cash Equivalents | 180,000 | 583,000 | 0 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 7,569,000 | 8,115,000 | 0 |
| Capital Expenditure | -3,266,000 | -4,544,000 | 0 |
| Free Cash Flow | 4,303,000 | 3,571,000 | 0 |
| Net Income | 5,657,000 | 5,970,000 | 5,814,000 |
| Net Change in Cash | 114,000 | 518,000 | -838,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 56,907,564.544 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 79,658,818.696 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 69,250,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 13,584,090.673 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 18,215,145.003 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 16,096,413.204 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 6,581,285.203 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 10,239,818.124 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 8,566,020.003 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 261,572.336 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 366,147.163 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 318,303.628 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 3.920 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 4.680 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 3.010 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 5 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 5 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates EPD intrinsic value between $25.69 – $40.46 per share. This depends on revenue growth, margins, and discount rate.
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Common questions about EPD valuation
Is Enterprise Products Partners L.P. (EPD) overvalued or undervalued right now?
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What is EPD’s P/E ratio?
You can see EPD’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for EPD?
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Whether EPD fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
EPD
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Daily snapshot
3.51
Trading Metrics:
| Open: | 35.67 | Previous Close: | 35.57 | |
| Day Low: | 35.67 | Day High: | 37 | |
| Year Low: | 30.01 | Year High: | 40.17 | |
| Price Avg 50: | 37.85 | Price Avg 200: | 37.02 | |
| Volume: | 4.126M | Average Volume: | 2.935M |
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