EPD stock icon

Enterprise Products Partners
EPD

$29.94
1.15%

Market Cap: 65B

 

About: Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 13 analysts
0
News positive %
of 45 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

105% more call options, than puts

Call options by funds: $331M | Put options by funds: $162M

31% more first-time investments, than exits

New positions opened: 114 | Existing positions closed: 87

19% more repeat investments, than reductions

Existing positions increased: 454 | Existing positions reduced: 380

6% more funds holding in top 10

Funds holding in top 10: 62 [Q4 2023] → 66 (+4) [Q1 2024]

6% more capital invested

Capital invested by funds: $14.9B [Q4 2023] → $15.9B (+$949M) [Q1 2024]

2% more funds holding

Funds holding: 1,254 [Q4 2023] → 1,281 (+27) [Q1 2024]

2.04% less ownership

Funds ownership: 27.16% [Q4 2023] → 25.12% (-2.04%) [Q1 2024]

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$31
4%
upside
Avg. target
$34
12%
upside
High target
$36
20%
upside

13 analyst ratings

12 positive
92%
neutral
8%
negative
0%
Morgan Stanley
Robert Kad
14%upside
$34
Equal-Weight
Maintained
10 Jun 2024
JP Morgan
Jeremy Tonet
7%upside
$32
Overweight
Maintained
16 May 2024
Truist Securities
Neal Dingmann
17%upside
$35
Buy
Maintained
1 May 2024
RBC Capital
Elvira Scotto
17%upside
$35
Outperform
Reiterated
5 Apr 2024
Wells Fargo
Michael Blum
10%upside
$33
Overweight
Maintained
4 Apr 2024

Financial journalist opinion

Based on 45 articles about EPD published over the past 30 days