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Added to YB: 2024-01-18

Pitch date: 2024-01-17

EPD [bullish]

Enterprise Products Partners L.P.

+38.88%

current return

Author Info

No bio for this author

Company Info

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.

Market Cap

$70.2B

Pitch Price

$23.13

Price Target

35.00 (+9%)

Dividend

6.72%

EV/EBITDA

10.39

P/E

12.27

EV/Sales

1.98

Sector

Oil, Gas and Consumable Fuels

Category

dividend

Show full summary:
Enterprise Products Partners: Attractively Valued With A 7.6% Dividend Yield

$EPD undervalued by 31%, fair price $35 (7.6% yield). Resilient financials, strong margins & credit, 3% div hike. Geopolitics & SPR refills aid. Diversified, high ROIC, growing LNG exports. Buy rating w/ sector & ESG risks.

Read full article (7 min)