Enterprise Products Partners L.P. [EPD] Stock trading around $25.41 per share: What’s Next?


Enterprise Products Partners LP [NYSE: EPD] It traded at the lowest level on 09/21/22, recording a loss of -1.55 after which it closed the day’s session at $25.41. Company report on September 2, 2022 That institution will participate in the Barclays Energy Executive Conference – Energy.

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Enterprise Products Partners LP (NYSE: EPD) announced today that it will give a presentation and host one-on-one investor meetings at the Barclays CEO Energy-Power Conference on Tuesday, September 6 and Wednesday, September 7, 2022 in New York City. The presentation is scheduled for 1:15 p.m. ET, Tuesday, with accompanying slides accessible via the Enterprise website at www.enterpriseproducts.com (under the Investors tab). The latest investor slides set, which can be used to facilitate investor meetings, can also be accessed on the Enterprise website.

Enterprise Products Partners LP is one of the largest publicly traded partnerships and a leading provider of North American medium energy services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products and petrochemicals. Services include: natural gas collection, processing, processing, transportation and storage. Natural gas liquids transportation, fractionation, storage and offshore terminals; Crude oil collection, transportation, storage and offshore terminals; petrochemicals and refined products transportation, storage, marine terminals and related services; and shipping businesses operating on the inland and inshore waterway systems of the United States. Partnership assets include more than 50,000 miles of pipeline; more than 260 million barrels of storage capacity for natural gas liquids, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.

The results of the trading session contributed to the trading of more than 4720,313 shares. Over the past week, Enterprise Products Partners LP’s price volatility was 2.06% while volatility over the past month was 1.83%.

The market capitalization of EPD shares was $56.34 billion, with 2.18 billion shares outstanding and 1.47 billion shares in current float. Compared to an average trading volume of 5.59 million shares, EPD had a trading volume of 4,720,313 on the last trading day, which is why market watchers consider the stock to be active.

What Top Market Experts Say About Enterprise Products Partners LP [EPD]?

Based on careful, fact-backed analysis by Wall Street experts, the current consensus on a target price for EPD shares is $31.64 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on EPD stock is a set recommendation at 1.80. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.

Trust made an estimate for the shares of Enterprise Products Partners LP, keeping their opinion of the stock as Buy, with their previous recommendation back on May 02, 2022. The new note about the price target was issued on April 4, 2022, which represents the official target price for Enterprise Products Partners LP stock. .

The Average True Range (ATR) of Enterprise Product Partners LP is set at 0.50, with the price-to-sales ratio for EPD inventory in the past twelve-month period standing at 1.10. The price-to-book ratio for the last quarter was 2.14, with the price-to-cash-to-cash ratio for the same quarter set at 0.10. The EPD free cash flow rate for the past 12 months was at 18.09 with a Q4 quick ratio of 0.60.

How has EPD stock been performing lately?

Enterprise Products Partners LP [EPD] It fell into the red at the end of last week, fell in a negative direction and fell by -4.94. With this latest performance, EPD shares are down -4.80% over the past four-week period, as well as down 3.50% over the past six months — not to mention up 18.08% in the last year of trading.

Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current EPD stock RSI for the last two weeks was set at 36.85, with the RSI for the last one traded at 30.53, and the three-week RSI set at 41.30 for Enterprise LP product partners [EPD]. The current moving average for the last 50 trading days for this stock is 26.26 while it recorded at 25.84 for the last trading week, and 25.12 for the last 200 days.

Enterprise Products Partners LP [EPD]: A deeper look into the basics

Operating margin for any stock indicates how profitable the investment is, and Enterprise Products Partners LP [EPD] The stock currently has an operating margin of +15.71 and a gross margin of +16.24. Enterprise Products Partners LP’s net margin is currently +11.07.

Return on equity increased to 18.52, with return on assets remaining at 6.99.

The liquidity data of Enterprise Products Partners LP is also interesting, with the quick ratio at 0.60 and the current ratio at 0.90.

Profit Analysis for Enterprise Products Partners L.P. [EPD]

The company’s progress can be seen through the prism of EPS growth, while Wall Street analysts focus on forecasting a 5-year EPS growth rate for EPD. When it comes to the stated value, analysts expect the 5-year EPS growth rate for Enterprise LP product partners to rise to 10.20%.

Commercial Interiors for Enterprise Products Partners LP [EPD]

There are currently approximately $14,907 million, or 27.40% of EPD’s equity, in the hands of institutional investors. The three largest EPD shareholders are: BLACKSTONE INC. With ownership of 57,563,316, which represents approximately -0.16% of the company’s market capitalization and approximately 32.57% of the total institutional ownership; MARQUARD & BAHLS AG owns 36,947,247 shares with an approximate value of $938.83 million of EPD stock; and BLACKROCK INC. , which currently owns $663.08 million of EPD stock with ownership of approximately 4.171% of the company’s market capitalization.

Positions in Enterprise Products Partners LP shares held by institutional investors increased at the end of August and at the time of the report in August, as 500 institutional owners consolidated their positions in Enterprise Products Partners LP [NYSE:EPD] About 19,324,402 shares. In addition, 393 investors decreased their positions by 31,979,560 shares, while 328 investors took positions with 535,349,203 shares. The said changes put institutional holdings at 586,653,165 shares, according to the latest report from the Securities and Exchange Commission. EPD’s stock included 68 new institutional investments totaling 2,286,249 shares, while 64 institutional investors sold positions totaling 8,231,976 shares during the same period.

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