Taking into account its current price per share of $24, its lower-than-usual market cap of almost $53 billion, and its promising earnings forecasts, EPD is currently undervalued.
Similarly, Is EPD undervalued?
EPD is materially undervalued and currently trading below 6x cash flows with an 8.2% yield.
Who owns EPD? Institutional ownership of EPD stands at $527.5 million shares or 24.24% of shares outstanding. This is in-line with the Oil & Gas Pipelines industry average.
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Top 10 Owners of Enterprise Products Partners LP.
| Stockholder | ALPS Advisors, Inc. |
|---|---|
| Stake | 1.10% |
| Shares owned | 23,889,193 |
| Total value ($) | 616,580,071 |
Thereof, What type of company is EPD?
Enterprise Products Partners L.P. (NYSE: EPD) is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas.
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Enterprise Products.
| Type | Public |
|---|---|
| Traded as | NYSE: EPD |
| Industry | Oil and gas |
| Founded | 1968 |
| Headquarters | Enterprise Plaza Houston, Texas , United States |
Is EDP a buy?
EDP – Energias de Portugal has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Is EPD stock risky?
At north of 8.5% and covered over 1.6 times by distributable cash flow, EPD is a very safe high-yield income vehicle. On top of that, its enterprise value to EBITDA multiple of nine times stands at a steep discount to its five year average of 11.5 times.
Does EPD have preferred stock?
Enterprise Products Partners annual total common and preferred stock dividends paid for 2019 were $-3.946B, a 3.61% increase from 2018.
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Compare EPD With Other Stocks.
| Enterprise Products Partners Annual Total Common and Preferred Stock Dividends Paid (Millions of US $) | |
|---|---|
| 2018 | $-3,809 |
| 2017 | $-3,619 |
| 2016 | $-3,348 |
| 2015 | $-2,992 |
How many shares of EPD are outstanding?
Share Statistics
| Avg Vol (3 month) 3 | 7.04M |
|---|---|
| Shares Outstanding 5 | 2.18B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 1.43B |
| % Held by Insiders 1 | 32.61% |
How does EPD make money?
Revenue. One of the main sources of revenue for EPD are its pipelines that span over 42,900 miles and carry natural gas, petrochemicals, and crude oil. One of the strategies that EPD has incorporated to drive revenues is the acquisition of smaller companies since its IPO in 1998.
Is EPD American?
NSF International (U.S.) The Institute for Environmental Research & Education – Earthsure EPD (U.S.) The Sustainability Consortium (U.S.)
Is EPD a canadian company?
As a Canadian company, its dividend is paid in Canadian dollars, so the income U.S. investors receive will change based on exchange rates. With that backdrop, let’s take a closer look at each.
What months does EPD pay dividends?
EPD Dividend History
| Ex/EFF DATE | TYPE | PAYMENT DATE |
|---|---|---|
| 04/29/2020 | CASH | 05/12/2020 |
| 01/30/2020 | CASH | 02/12/2020 |
| 10/30/2019 | CASH | 11/12/2019 |
| 07/30/2019 | CASH | 08/13/2019 |
How long has EPD been paying dividends?
Historical dividend payout and yield for Enterprise Products Partners (EPD) since 2000. The current TTM dividend payout for Enterprise Products Partners (EPD) as of April 12, 2022 is $1.86.
Is MMP a good stock to buy?
Out of 9 analysts, 1 (11.11%) are recommending MMP as a Strong Buy, 1 (11.11%) are recommending MMP as a Buy, 5 (55.56%) are recommending MMP as a Hold, 1 (11.11%) are recommending MMP as a Sell, and 1 (11.11%) are recommending MMP as a Strong Sell. What is MMP’s earnings growth forecast for 2022-2024?
How is EPD stock taxed?
Primarily, as Larry Edelson of EdelsonInstitute.com explains, the federal government doesn’t tax an MLP’s income and losses at the entity level. Instead, they are “passed through” to the shareholders (partners). Thus, a shareholder of EPD stock avoids the double taxation inherent among standard corporate equities.
Does EPD require k1?
EPD does issue a K-1 tax form. Some investors may have extensive experience in K-1 tax filing and thus may not find it an issue, but others might find the hassle yet another reason to avoid buying EPD.
Does EPD have k1?
HOUSTON, February 28, 2022–(BUSINESS WIRE)–Enterprise Products Partners L.P. (NYSE: EPD) today announced that its 2021 tax packages, including schedule K-1’s are now available online.
What sector is EPD stock in?
Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Public Utilities |
| Industry | Natural Gas Distribution |
| 1 Year Target | $29.00 |
How many miles of pipeline does EPD own?
Enterprise Products Partners (EPD) is one of North America’s largest midstream master limited partnerships, with about 50,000 miles of natural gas, natural gas liquids (NGL), crude oil, refined products, and petrochemical pipelines.
Does EPD generate a k 1?
EPD does issue a K-1 tax form. Some investors may have extensive experience in K-1 tax filing and thus may not find it an issue, but others might find the hassle yet another reason to avoid buying EPD.
Is EPD a master limited partnership?
I hate to give you another surprise, but Enterprise Products Partners LP (EPD-NYSE) is not a dividend stock. It’s a U.S. master limited partnership (MLP) that is subject to different tax rules than a regular corporation.
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