EPD Stock Summary and Trading Ideas (Enterprise Prods Partners | NYSE:EPD)

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.

Enterprise Prods Partners trades on the NYSE stock market under the symbol EPD.

As of January 13, 2025, EPD stock price climbed to $32.54 with 4,740,522 million shares trading.

EPD has a beta of 0.40, meaning it tends to be less sensitive to market movements. EPD has a correlation of 0.11 to the broad based SPY ETF.

EPD has a market cap of $70.53 billion. This is considered a Large Cap stock.

Last quarter Enterprise Prods Partners reported $14 billion in Revenue and $.65 earnings per share. This fell short of revenue expectation by $-65 million and missed earnings estimates by -$.01.

In the last 3 years, EPD traded as high as $34.63 and as low as $22.75.

The top ETF exchange traded funds that EPD belongs to (by Net Assets): EMLP, MLPA, MLPX, AMZA, UMI.

EPD has outperformed the market in the last year with a price return of +28.7% while the SPY ETF gained +23.5%. EPD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.0% and +4.7%, respectively, while the SPY returned +1.3% and -2.3%, respectively.

EPD support price is $31.81 and resistance is $32.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EPD shares will trade within this expected range on the day.