Consider Our Overview Before Taking a Position in EPD

Shares of Enterprise Products Partners have moved 0.7% Monday, and are now trading at a price of $26.54. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,650,267 compared to the stock's average volume of 4,157,813.

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 -17.76% away from its average analyst target price of $32.27 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.

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.