Large-cap Utilities company Enterprise Products Partners has logged a 0.8% change today on a trading volume of 150,387. The average volume for the stock is 4,514,015.
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. The company is now trading -18.34% away from its average analyst target price of $32.22 per share. The 19 analysts following the stock have set target prices ranging from $29.1 to $37.0, and on average give Enterprise Products Partners a rating of buy.
Over the last year, EPD shares have gone up 2.5%, which represents a difference of -13.0% when compared to the S&P 500. The stock's 52 week high is $27.36 per share whereas its 52 week low is $22.9. With its gross margins declining a compounded average of -9.9% over the last 4 years, Enterprise Products Partners may not have a strong enough business to maintain this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 58,186,000 | 51,502,000 | 11.49 | -18.16 |
| 2021-12-31 | 40,806,900 | 35,077,300 | 14.04 | -20.9 |
| 2020-12-31 | 27,199,700 | 22,371,100 | 17.75 | 1.6 |
| 2019-12-31 | 32,789,200 | 27,061,800 | 17.47 | n/a |
