Enterprise Products Partners L P - Unit

Enterprise Products Partners L P - Unit

EPD

Market Cap$72.48B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Enterprise Products Partners L P - UnitEnterprise Products Partners L P - Unit12.56.28%21%1.31.1

Earnings Call Q4 2024

February 4, 2025 - AI Summary

Strong Performance Metrics: For 2024, Enterprise Products Partners reported EBITDA of $9.9 billion and a distributable cash flow (DCF) of $7.8 billion with a coverage ratio of 1.7 times. The company declared a Q4 distribution of $0.535 per common unit, representing a 4% year-over-year increase.
Growth Expectations for 2025: Management indicated potential mid-single-digit cash flow growth for 2025, driven by the addition of new projects, including two gas processing plants in the Permian and expansions of existing terminals. Notably, excess DCF is expected to reach about $1 billion to $1.1 billion after accounting for growth capital expenditures.
Challenges with SPOT Project: The SPOT (Single Point Mooring and Terminal) project has faced significant delays in permitting, taking nearly five years to secure the necessary licenses. This has led to the loss of an anchor customer and there is uncertainty around the potential for a final investment decision (FID) in 2025, which raises questions about the project's commercialization.

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$40.00

Target Price by Analysts

18.6% upsideEnterprise Products Partners L P - Unit Target Price DetailsTarget Price
$57.44

Current Fair Value

70.4% upside

Undervalued by 70.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$72.48 Billion
Enterprise Value$102.95 Billion
Dividend Yield$2.1 (6.279904306220099%)
Earnings per Share$2.53
Beta1.01
Outstanding Shares2,192,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio12.53
PEG166.97
Price to Sales1.35
Price to Book Ratio1.02
Enterprise Value to Revenue1.82
Enterprise Value to EBIT14.74
Enterprise Value to Net Income17
Total Debt to Enterprise0.31
Debt to Equity1.13

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Enterprise Products Partners L P

CEO: A. James Teague