Enterprise Products Partners (NYSE:EPD) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Enterprise Products Partners (NYSE:EPD) released its quarterly earnings results on Wednesday. The oil and gas producer reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09, FiscalAI reports. The business had revenue of $18.27 billion during the quarter, compared to the consensus estimate of $13.69 billion. Enterprise Products Partners had a return on equity of 19.53% and a net margin of 11.45%.The company’s quarterly revenue was up 60.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.66 EPS.

Enterprise Products Partners Stock Performance

Enterprise Products Partners stock traded down $0.58 during mid-day trading on Thursday, reaching $38.09. 6,423,027 shares of the company’s stock were exchanged, compared to its average volume of 4,179,243. The business’s fifty day simple moving average is $37.61 and its 200 day simple moving average is $36.92. The company has a quick ratio of 0.61, a current ratio of 0.91 and a debt-to-equity ratio of 1.03. Enterprise Products Partners has a one year low of $30.01 and a one year high of $40.17. The firm has a market capitalization of $82.34 billion, a PE ratio of 14.11, a P/E/G ratio of 1.40 and a beta of 0.49.

Enterprise Products Partners Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 5.9%. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, July 31st. Enterprise Products Partners’s dividend payout ratio is 81.48%.

More Enterprise Products Partners News

Here are the key news stories impacting Enterprise Products Partners this week:

• Positive Sentiment: Enterprise reported record second-quarter net income attributable to common unitholders of approximately $1.84 billion, or $0.84 per diluted unit, versus the $0.75 consensus estimate. Revenue reached $18.27 billion, up 60.8% year over year and well above expectations. Enterprise Products Partners earnings report
• Positive Sentiment: Adjusted EBITDA rose 17% to a record $2.8 billion, while operational distributable cash flow reached a record $2.3 billion and covered declared distributions by 1.9 times. The partnership declared a $0.56-per-unit distribution, supporting the income-investment thesis. Enterprise Reports Second Quarter 2026 Earnings
• Positive Sentiment: Record pipeline and marine terminal volumes—up 8% and 33%, respectively—were attributed to strong demand. Enterprise also outlined growth projects, including a 150,000-barrel-per-day NGL fractionator and two Permian Basin gas-processing plants. Enterprise Products Partners Q2 results and projects
• Neutral Sentiment: Analysts had already anticipated higher earnings, revenue and operating volumes before the release, which may have reduced the positive surprise from the results. Enterprise Products Partners forecasts
• Negative Sentiment: US Capital Advisors lowered its fourth-quarter 2027 EPS estimate to $0.84 from $0.86. Although this is a distant-period forecast and current-quarter results exceeded expectations, the revision may have contributed to cautious sentiment around future growth. Enterprise Products Partners analyst estimates

Institutional Investors Weigh In On Enterprise Products Partners

Several large investors have recently made changes to their positions in EPD. Corient Private Wealth LLC grew its position in Enterprise Products Partners by 119.4% during the second quarter. Corient Private Wealth LLC now owns 2,414,035 shares of the oil and gas producer’s stock valued at $74,859,000 after buying an additional 1,313,976 shares during the period. Barclays PLC raised its position in Enterprise Products Partners by 57.5% in the fourth quarter. Barclays PLC now owns 2,928,068 shares of the oil and gas producer’s stock worth $93,874,000 after acquiring an additional 1,069,304 shares during the period. Elevation Point Wealth Partners LLC raised its position in Enterprise Products Partners by 5,361.5% in the fourth quarter. Elevation Point Wealth Partners LLC now owns 1,019,056 shares of the oil and gas producer’s stock worth $32,671,000 after acquiring an additional 1,000,397 shares during the period. Morgan Stanley boosted its stake in Enterprise Products Partners by 4.8% in the fourth quarter. Morgan Stanley now owns 19,116,333 shares of the oil and gas producer’s stock valued at $612,870,000 after acquiring an additional 883,983 shares during the last quarter. Finally, Berkley W R Corp boosted its stake in Enterprise Products Partners by 13.8% in the fourth quarter. Berkley W R Corp now owns 6,825,000 shares of the oil and gas producer’s stock valued at $218,810,000 after acquiring an additional 825,000 shares during the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on EPD shares. Morgan Stanley set a $40.00 price objective on Enterprise Products Partners and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $38.00 target price on shares of Enterprise Products Partners in a research report on Wednesday, June 17th. JPMorgan Chase & Co. increased their price target on Enterprise Products Partners from $41.00 to $42.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Wolfe Research upgraded Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings downgraded shares of Enterprise Products Partners from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, July 2nd. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $39.93.

Enterprise Products Partners Company Profile

Enterprise Products Partners L.P. (NYSE: EPD) is a Houston-based master limited partnership that provides midstream energy services across North America. The company owns and operates an extensive network of pipelines, storage facilities, processing plants and export terminals that transport and handle natural gas, natural gas liquids (NGLs), crude oil and refined and petrochemical products. Its core activities include gathering and transportation, fractionation of NGLs, natural gas processing, crude oil and condensate pipelines, and marine and terminal services that enable domestic distribution and exports.

Enterprise serves a diverse set of customers including producers, refiners, petrochemical companies, marketers and end users.