Enterprise Products Partners L.P.(EPD)
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Enterprise Products Partners L.P.(EPD) - 2024 Q1 - Quarterly Report
2024-05-09 22:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission file number: 1-14323 ENTERPRISE PRODUCTS PARTNERS L.P. (Exact Name of Registrant as Specified in Its Charter) Delaware 76-0568219 (State or Other ...
Is Enterprise Products Partners (EPD) a Great Value Stock Right Now?
Zacks Investment Research· 2024-05-07 22:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
Up To 8% Yield From 2 Stocks With Durable Assets
Seeking Alpha· 2024-05-02 20:15
Supertruper Now is a great time to be an income investor, no matter how you slice and dice it. While Treasuries yield around 5% per year, there’s no guarantee that this rate will stick around, especially considering that cracks in the purchasing power of low-income consumers are starting to emerge. This shows that inflation is taking a toll on consumers and may add fuel to the case for at least pausing rate hikes. That’s why I continue to see value in owning dividend stocks, some of which offer yields well ...
This 7.6%-Yielding Dividend Stock Continues to Demonstrate Why It's a Premier Passive Income Investment
The Motley Fool· 2024-05-01 21:35
Enterprise Products Partners continues to produce plenty of cash to cover its big-time distribution and expansion plan. Enterprise Products Partners (EPD -1.78%) has been one of the most reliable income stocks in the energy sector. The master limited partnership (MLP) has increased its cash distribution for 25 years in a row. That's impressive, given the industry's volatility. The pipeline giant currently offers a 7.6%-yielding payout. That lucrative passive income stream is on an extremely firm foundation, ...
Enterprise (EPD) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-05-01 21:31
Enterprise Products Partners LP’s (EPD) first-quarter 2024 adjusted earnings per limited partner unit of 66 cents beat the Zacks Consensus Estimate of 64 cents. The bottom line also increased from the year-ago quarter’s level of 64 cents. Total quarterly revenues of $14.8 billion topped the Zacks Consensus Estimate of $13.4 billion. The top line also improved from $12.4 billion reported in the prior-year quarter. The strong quarterly results can be attributed to increased operating margin of EPD’s fee-based ...
Enterprise Products Partners L.P.(EPD) - 2024 Q1 - Earnings Call Presentation
2024-05-01 02:29
First Quarter 2024 Earnings Support Slides April 30, 2024 NYSE: EPD 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 ...
Enterprise Products Partners L.P.(EPD) - 2024 Q1 - Earnings Call Transcript
2024-05-01 02:29
财务数据和关键指标变化 - 第一季度总毛运营利润为25亿美元,同比增长7% [7] - 第一季度净收入增加5%至15亿美元,每单位普通股收益为0.66美元 [14] - 第一季度经营活动调整后现金流增加6%至21亿美元 [15] - 第一季度宣布每单位普通股分配0.515美元,同比增加5.1% [15] - 过去12个月内回购约800万单位普通股,总金额约9.6亿美元 [16] - 预计2024年和2025年增长资本支出将在32.5亿美元至37.5亿美元之间 [18] 各条业务线数据和关键指标变化 - 公司系统每天运输12.3百万桶原油当量 [8] - 第一季度海事码头净运量增加17%,主要由于美国能源需求持续强劲和辛烷增强业务销量和利润率上升 [7] - 已在中间地带和德拉瓦盆地投产3座新的天然气处理厂,每座处理能力超过3亿立方英尺/天天然气和每天提取4万桶以上的天然气液体 [9] - 公司在德拉瓦和中间地带还有3座300百万立方英尺/天的天然气处理厂在建 [9] - 公司已有19座佩米安天然气处理厂,总产能达到675,000桶/天天然气液体 [10] 各个市场数据和关键指标变化 - 美国液体出口创下新高,达到每天12.1百万桶,主要出口到新兴市场 [12] - 公司每月出口约7000万桶液体,并计划达到每月1亿桶 [13] - 公司在德克萨斯西部成品油管道系统一期投入运营,连接了墨西哥湾沿岸成品油市场和佩米安盆地终端市场 [10] 公司战略和发展方向及行业竞争 - 公司获得了SPOT深水港口许可,这是该项目发展的重要里程碑 [11] - 公司将继续在出口市场发挥关键作用,预计出口量将继续增长 [13] - 公司正在积极推进SPOT项目的商业化,目标是今年底前做出最终投资决定 [25][26] - 公司采取全方位的资本配置策略,包括分红、股票回购和增长投资,保持灵活性 [77][78] 管理层对经营环境和未来前景的评论 - 尽管当前存在地缘政治动荡,但公司业绩保持稳定增长 [6] - 公司看好未来天然气液体出口需求,特别是新兴市场 [12] - 公司对佩米安地区的天然气处理和NGL产能扩张保持乐观 [9][10] - 公司对SPOT项目的商业化前景持积极态度 [25][26] 问答环节重要的提问和回答 问题1 **Theresa Chen 提问** 询问SPOT项目的商业化进展和资本支出情况 [24][25] **Brent Secrest 回答** 公司正在积极推进SPOT项目的商业化,目标是今年底前做出最终投资决定 [25][26] 问题2 **Spiro Dounis 提问** 询问公司如何实现每月1亿桶液体出口目标 [37][38][39][40] **Jim Teague 回答** 公司将通过不断扩大供给能力来实现这一目标,而不需要大量资本支出 [38][39][40] 问题3 **Neel Mitra 提问** 询问第一季度佩米安地区天然气处理量的变化情况 [65][66][67][68][69][70] **Brent Secrest 和 Natalie Gayden 回答** 第一季度中间地带天然气处理量受到天气影响有所下降,但随着新处理厂投产,4月以来处理量持续大幅增加 [66][67][68][69][70]
Dividend Darlings: 3 Stocks That'll Take Your Payouts to the Next Level
InvestorPlace· 2024-04-30 20:30
Investors tend to flock to dividend stocks when uncertain about the market’s outlook. Commonly referred to as “defensive stocks,” these investments appeal to investors seeking consistent payouts over time. Dividends are generally paid quarterly, diverging from day traders’ interests in short-term profits. Thus, these types of stocks often demonstrate stability. With recent market volatility fueling worries of continued declines, some investors are unsurprisingly reexamining dividend-oriented investments. Be ...
Enterprise Products Partners L.P.(EPD) - 2024 Q1 - Quarterly Results
2024-04-30 18:01
Exhibit 99.1 Enterprise Reports First Quarter 2024 Earnings Houston, Texas (Tuesday, April 30, 2024) – Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2024. Enterprise reported net income attributable to common unitholders of $1.5 billion, or $0.66 per unit on a fully diluted basis, for the first quarter of 2024, a 5 percent increase compared to $1.4 billion, or $0.63 per unit on a fully diluted basis, for the first quar ...
Enterprise (EPD) to Post Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-04-25 21:35
EPD业绩预期 - EPD第一季度的盈利预期为每股64美分,营收预期为134亿美元,同比增长8%[3] - EPD的盈利预期并不确定,因为其盈利预期与Zacks Rank 1(强烈买入)、2(买入)或3(持有)的组合并不符[8] EPD商业模式 - EPD稳定的商业模式使其不受油气价格波动的显著影响[4] - EPD拥有超过5万英里的管道网络,运输天然气、天然气液体、原油石化产品和精炼产品,稳定的基于费用的收入[5] - EPD还拥有可存储超过3亿桶NGL、石化产品、精炼产品和原油的储存资产,以及可存储140亿立方英尺天然气的资产,带来可观的现金流[6] EPD业务展望 - EPD上一季度的强劲业绩得益于丙烯和辛烷增强业务的利润率提高[2] - 由于NGL管道和服务业务的贡献下降,EPD可能受到不利影响,原因是平均销售利润率和销售量降低[7] 相关公司展望 - MPLX LP的2024年Zacks共识预期显示每单位盈利同比增长8.8%[10] - ExxonMobil的2024年Zacks共识预期显示每股盈利同比下降22.6%[11] - DT Midstream在过去四个季度中有三次击败Zacks共识预期,平均每股盈利超出9.8%[13]