Enterprise Products Partners (NYSE:EPD) Announces Quarterly Earnings Results, Hits Expectations

Enterprise Products Partners (NYSE:EPD) released its quarterly earnings data on Wednesday. The oil and gas producer reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75, FiscalAI reports. The company had revenue of $17.95 billion for the quarter, compared to analyst estimates of $14.98 billion. Enterprise Products Partners had a net margin of 10.79% and a return on equity of 20.67%. Enterprise Products Partners’s revenue for the quarter was up 49.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS.

Enterprise Products Partners Stock Up 2.6%

Shares of EPD traded up $0.97 during trading hours on Thursday, hitting $39.03. The company had a trading volume of 6,860,249 shares, compared to its average volume of 3,887,321. The stock has a market capitalization of $84.29 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 1.32 and a beta of 0.50. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.66 and a current ratio of 0.93. Enterprise Products Partners has a 52-week low of $30.02 and a 52-week high of $40.17. The firm has a fifty day moving average price of $37.66 and a 200-day moving average price of $37.19.

Enterprise Products Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.56 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 5.7%. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 77.78%.

Key Stories Impacting Enterprise Products Partners

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

• Positive Sentiment: Q3 results showed solid growth. Enterprise reported earnings of $0.75 per unit, matching estimates, while revenue reached $17.95 billion—well above the $14.98 billion consensus estimate and 49.3% higher year over year. EBITDA increased 16% to approximately $2.8 billion, and prior-year earnings were $0.61 per unit. Enterprise Reports Third Quarter 2026 Earnings
• Positive Sentiment: Management highlighted substantial expansion opportunities. Enterprise expects Permian wet-gas and natural-gas-liquids volumes to grow 34% through 2030 and is advancing a project backlog valued at approximately $6.3 billion. The outlook supports future fee-based cash flow and distribution growth. Enterprise forecasts Permian growth and advances project backlog
• Positive Sentiment: Technical momentum improved. EPD moved above both its 50-day and 200-day moving averages, signals that can attract momentum-oriented investors and suggest improving short- and long-term price trends. EPD overtook its 200-day moving average
• Positive Sentiment: Analyst earnings expectations edged higher. US Capital Advisors raised its FY2027 EPS forecast to $3.14 from $3.13 and its FY2028 estimate to $3.43 from $3.42, both above the broader current-year consensus estimate of $3.10.
• Neutral Sentiment: Income and value appeal remain key supports. EPD’s midstream, fee-based business and roughly 6% forward yield continue to appeal to income investors, while its valuation remains relatively moderate. However, the partnership’s debt and large capital program require continued cash-flow execution.
• Negative Sentiment: Higher interest rates remain a risk. Rising Treasury yields can pressure high-yield partnerships by increasing financing costs and making bonds more competitive with dividend-paying stocks. Rate-sensitive valuation concerns could limit further gains even with strong operating performance. Why rising rates could pressure the market

Analysts Set New Price Targets

A number of analysts have weighed in on EPD shares. Morgan Stanley reissued an “underweight” rating and set a $41.00 target price (up from $40.00) on shares of Enterprise Products Partners in a research report on Tuesday, August 18th. Capital One Financial initiated coverage on Enterprise Products Partners in a report on Tuesday, September 22nd. They set an “equal weight” rating and a $42.00 price target for the company. Weiss Ratings raised Enterprise Products Partners from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, October 16th. JPMorgan Chase & Co. lowered their price target on shares of Enterprise Products Partners from $43.00 to $42.00 and set a “neutral” rating on the stock in a report on Thursday, October 8th. Finally, Melius Research initiated coverage on Enterprise Products Partners in a report on Tuesday, September 22nd. They issued a “hold” rating and a $42.00 price objective for the company. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.12.

About Enterprise Products Partners

Enterprise Products Partners L.P. (NYSE: EPD) is a North American midstream energy partnership headquartered in Houston, Texas. The company provides infrastructure and services for the transportation, storage, processing and export of energy products, connecting producers with domestic and international markets.

Its operations include pipelines, storage facilities, natural gas processing plants, natural gas liquids (NGL) fractionation facilities, and marine terminals. Enterprise handles NGLs such as ethane, propane, butanes and natural gasoline, as well as crude oil, refined products, petrochemicals and natural gas.