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Enterprise Products Partners L.P.(EPD)
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The Best High-Yield Midstream Stock to Invest $10,000 in Right Now
The Motley Fool· 2025-05-01 09:00
Enterprise Products Partners (EPD -1.22%) has a distribution yield of around 6.8% today. Energy Transfer (ET -3.08%) has a higher yield at 7.5%, and USA Compression Partners (USAC -2.48%) is even higher at 8.3%.But if you are looking for a high-yield midstream stock, you need to think about more than just the yield. Here's why Enterprise Products Partners could be the best high-yield midstream option despite a lower yield.What does Enterprise Products Partners do?Like most midstream players, Enterprise owns ...
This 6.8%-Yielding Dividend Stock Has a $6 Billion Growth Spurt Coming in 2025
The Motley Fool· 2025-04-30 09:39
Enterprise Products Partners (EPD -1.67%) has been one of the most consistent growers in the energy midstream sector. The master limited partnership (MLP) has increased its cash distribution (which yields 6.8%) for 26 straight years. That's due to the durability of its cash flow and its investments to expand its extensive midstream system.While the MLP tends to grow relatively steadily, this year will be a bit of an outlier. It has $6 billion of growth capital projects on track to enter service through the ...
Enterprise Products Partners L.P.(EPD) - 2025 Q1 - Earnings Call Transcript
2025-04-29 18:52
Enterprise Products Partners (EPD) Q1 2025 Earnings Call April 29, 2025 02:52 PM ET Speaker0 Thank you for standing by, and welcome to Enterprise Products Partners LP's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. To remove yourself from the queue, you may press 11 again. I would ...
Are Oils-Energy Stocks Lagging Enterprise Products Partners (EPD) This Year?
ZACKS· 2025-04-29 14:45
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Enterprise Products Partners (EPD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Enterprise Products Partners is one of 246 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sec ...
Enterprise Products Partners L.P.(EPD) - 2025 Q1 - Earnings Call Presentation
2025-04-29 14:13
Forward-Looking Statements This presentation contains forward-looking statements based on the beliefs of the company, as well as assumptions made by, and information currently available to our management team (including information published by third parties). When used in this presentation, words such as "anticipate," "project," "expect," "plan," "seek," "goal," "estimate," "forecast," "intend," "could," "should," "would," "will," "believe," "may," "scheduled," "pending," "potential" and similar expression ...
Enterprise Products Partners L.P.(EPD) - 2025 Q1 - Earnings Call Transcript
2025-04-29 14:00
Financial Data and Key Metrics Changes - Adjusted EBITDA for Q1 2025 was $2.4 billion with a distribution coverage ratio of 1.7 times and retained DCF of $842 million [6][14] - Net income attributable to common unitholders was $1.4 billion or $0.64 per common unit, compared to $0.66 per common unit in Q1 2024 [14] - Distribution declared was $0.0535 per common unit, a 3.9% increase from Q1 2024 [15] - Total debt principal outstanding was approximately $31.9 billion with a weighted average cost of debt of 4.7% [17] Business Line Data and Key Metrics Changes - The company moved 13.2 million barrels of oil equivalent per day and 2 million barrels per day of liquid hydrocarbon exports [6] - PDH facilities experienced downtime; PDH1 was down for 63 days due to unplanned maintenance, but both PDH plants are now operational [6][7] - Total capital investments in Q1 2025 were $1.1 billion, including $964 million for growth capital projects [16] Market Data and Key Metrics Changes - The company noted a strong demand for U.S. hydrocarbons globally, particularly from China and India, despite tariff uncertainties [8][10] - LPG exports have not been significantly disrupted, with 85% to 90% of LPG exports contracted [22][60] Company Strategy and Development Direction - The company plans to bring online two gas processing plants in the Permian and several other projects throughout 2025 [7][16] - The focus remains on increasing capacity to gather, process, transport, and export hydrocarbons, with a significant backlog of wells expected to be connected [12][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term outlook for U.S. energy production and exports, citing supportive policies from the current administration [12] - The company anticipates continued growth in the Permian Basin, with expectations of connecting a similar number of wells in 2025 as in 2024 [39] Other Important Information - The company has returned approximately $58 billion to unitholders since its IPO in 1998 through distributions and buybacks [16] - The expected range of growth capital expenditures for 2025 is $4 billion to $4.5 billion, with sustaining capital expenditures around $525 million [16] Q&A Session Summary Question: Current U.S. LPG rerouting and competitive landscape - Management indicated that trade flows are balancing, with no disruptions in exports, and highlighted their capital-efficient expansion plans [22][23] Question: Incremental EBITDA from upcoming projects - Management confirmed that many projects are expected to be fully contracted upon coming online, leading to a rapid ramp-up in EBITDA [26][32] Question: Impact of recent market price volatility on buybacks - Management discussed their strategy for excess distributable cash flow and indicated a significant increase in cash flow expected in 2026 [53] Question: Outlook for the petchem and refined product segment - Management noted that both PDH plants are running well and expressed optimism for the segment's performance for the remainder of the year [42][44] Question: Global demand and tariff impacts - Management acknowledged a demand slowdown internationally but emphasized that pricing would adjust to clear the market [61] Question: CapEx plans in light of potential demand slowdown - Management stated that current projects are well contracted and unlikely to slow down despite tariff concerns [70] Question: Update on major capital projects - Management confirmed that major capital projects are progressing well and are expected to come online ahead of schedule [81]
What Recession? I'm Swimming In Dividends
Seeking Alpha· 2025-04-29 11:35
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Enterprise Products Partners L.P.(EPD) - 2025 Q1 - Quarterly Results
2025-04-29 10:01
Exhibit 99.1 Enterprise Reports First Quarter 2025 Earnings Houston, Texas (Tuesday, April 29, 2025) – Enterprise Products Partners L.P. ("Enterprise") (NYSE: EPD) today announced its financial results for the three months ended March 31, 2025. Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.64 per common unit on a fully diluted basis, for the first quarter of 2025, compared to $1.5 billion, or $0.66 per common unit on a fully diluted basis, for the first quarter of ...
4 Pipeline Stocks to Buy With $1,000 and Hold Forever
The Motley Fool· 2025-04-26 08:41
Industry Overview - Pipeline companies are well positioned despite disruptions in energy markets, functioning similarly to toll-road businesses where energy prices have a moderate impact on results [1] - Demand for natural gas is increasing due to rising power consumption from artificial intelligence (AI) and export demand for LNG to Asia and Europe [1] Company Summaries Energy Transfer - Energy Transfer operates one of the largest integrated midstream systems in the U.S., particularly in the Permian Basin, which has low breakeven costs [3] - The company plans to increase growth capital expenditures from $3 billion in 2024 to $5 billion in 2025, with key projects like the Hugh Brinson Pipeline to support growing power demand in Texas [4] - Energy Transfer has a robust project backlog and offers a 7.9% yield with plans to grow distributions at a rate of 3% to 5% [5] Enterprise Products Partners - Enterprise Products Partners has increased its distribution for 26 consecutive years and is also well positioned in the Permian Basin [6] - The company plans to spend $4 billion to $4.5 billion on growth projects this year, up from $3.9 billion last year [6] - Enterprise has $7.6 billion in growth projects under construction, with $6 billion expected to come online this year, and offers a 7.1% yield with a 1.7 times coverage ratio [7] The Williams Companies - The Williams Companies owns the Transco pipeline system, which is valuable for transporting natural gas from Appalachia to the Gulf Coast [9] - Transco provides expansion opportunities, particularly as utilities switch from coal to natural gas, with seven expansion projects planned between 2025 and 2029 [10] - The company currently has a 3.5% yield and plans to grow its dividend by over 5% this year [11] Kinder Morgan - Kinder Morgan handles around 40% of U.S. natural gas production and has a strong presence in the Permian Basin [12] - The project backlog has increased from $3 billion at the end of 2023 to $8.8 billion by Q1 2025, with a projected return of 16.7% on these investments [13] - The stock offers a 4.5% yield and has improved its leverage from 5.1 times in 2017 to 4 times in 2024 [14]
Seeking Clues to Enterprise Products (EPD) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
ZACKS· 2025-04-25 14:21
Core Viewpoint - Enterprise Products Partners (EPD) is expected to report quarterly earnings of $0.69 per share, a 4.6% increase year-over-year, while revenues are forecasted to decline by 4.5% to $14.09 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.7% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Metrics Projections - Analysts project 'NGL Pipelines & Services net - NGL fractionation volumes per day' to reach 1,613.15 million barrels of oil, up from 1,557 million barrels in the same quarter last year [5]. - 'NGL Pipelines & Services net - Fee-based natural gas processing per day' is expected to be 7,062.97 million barrels of oil, compared to 6,363 million barrels in the same quarter last year [6]. - 'NGL Pipelines & Services net - NGL pipeline transportation volumes per day' is forecasted at 4,458.61 million barrels of oil, up from 4,157 million barrels in the same quarter last year [7]. - 'Natural Gas Pipelines & Services net - Natural gas transportation volumes per day' is estimated at 20,175.16 BBtu/D, compared to 18,600 BBtu/D a year ago [7]. - 'Petrochemical Services net - Butane isomerization volumes per day' is projected to be 120.07 million barrels of oil, slightly up from 117 million barrels last year [8]. - 'Petrochemical Services net - Propylene fractionation volumes per day' is expected to reach 104.11 million barrels of oil, compared to 96 million barrels last year [9]. - 'Petrochemical Services net - Octane enhancement and related plant sales volumes per day' is estimated at 31.03 million barrels of oil, down from 35 million barrels last year [10]. - 'NGL Pipelines & Services net - Equity NGL production per day' is projected at 196.18 million barrels of oil, up from 185 million barrels last year [11]. Gross Operating Margin Estimates - 'Gross operating margin- NGL Pipelines & Services' is expected to reach $1.46 billion, compared to $1.34 billion in the same quarter last year [11]. - 'Gross operating margin- Crude Oil Pipelines & Services' is estimated at $411.62 million, slightly up from $411 million a year ago [12]. - 'Gross operating margin- Natural Gas Pipelines & Services' is projected at $342.12 million, compared to $312 million last year [12]. - 'Gross operating margin- Petrochemical & Refined Products Services' is expected to be $352.84 million, down from $444 million last year [13]. Stock Performance - Shares of Enterprise Products have shown a return of -7.8% over the past month, compared to a -4.8% change in the Zacks S&P 500 composite [13].