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Enterprise Products Partners L.P. (EPD) Stock: Price, Forecast & Analyst Target

Enterprise Products Partners L.P. (EPD) — MoonshotScore 60/100 (Fair band), calculated Oct 5, 2026. Price $36.07 (-0.30%), as of the Oct 5, 2026 trading session; market cap $78.0B. Expected results Oct 29, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 317.07× (market value Oct 5, 2026; cash Jun 30, 2026) · expected results Oct 29, 2026

$36.07 −$0.11 (-0.30%) Market Cap $78.0B

Enterprise Products Partners L.P. · EPD · NYSE · Energy · Oil & Gas Midstream

Research dated 2026-09-12: Enterprise Products Partners is an integrated midstream partnership whose pipelines, processing plants, storage, fractionation facilities, terminals and marketing operations connect hydrocarbon producers with industrial and export customers. Its durability now depends on whether network earnings and operating cash flow can continue to outrun heavy expansion spending and a leveraged balance sheet.

Price as of Oct 5, 2026

Key Statistics

60 of 100

MoonshotScore v2 · Enterprise Products Partners L.P. (EPD)

Fair
Business Quality Average (57)
Financial Safety Strained (37)
Valuation Fair (67)
Growth Durability Flat (52)
Momentum Rising (60)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A strained balance sheet, though growth is only middling. Business Quality: Average; Financial Safety: Strained; Valuation: Fair; Growth Durability: Flat; Momentum: Rising.

  • quarterly revenue $18.27B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 4 of 8
  • Altman Z 1.94 · Piotroski F 6

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for EPD (29 recorded, newest six shown)
RecordedScoreBand
60Fair
59Fair
59Fair
59Fair
60Fair
60Fair

The score was 60 in the stored Oct 4, 2026 snapshot and remains 60 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$36.07
Change on the day-0.30%
52-week range$30.01 – $40.17
Market capitalisation$78.0B
Price / earnings (trailing)12.56
Shares traded on the day124.9K
Beta (volatility vs the S&P 500)0.48
Dividends per share (last 12 months)$2.21
Dividend yield (last 12 months)6.09%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $30, high $40, latest $36. 4 reported quarters marked, 2 above and 2 below the recorded estimate. 1 other dated event marked. $40 $30 high $40 Oct 30, 2025 · Earnings results · reported below the recorded estimate · close $311Feb 3, 2026 · Earnings results · reported above the recorded estimate · close $352Apr 28, 2026 · Earnings results · reported below the recorded estimate · close $383Jul 30, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $384Jul 30, 2026 · Earnings results · reported above the recorded estimate · close $385 Sep 5, 2025 Oct 5, 2026 · $36 $32Sep 5, 2025$32Sep 19, 2025$32Oct 3, 2025$30Oct 17, 2025$31Oct 31, 2025$32Nov 14, 2025$33Nov 28, 2025$32Dec 12, 2025$32Dec 26, 2025$32Jan 9, 2026$33Jan 23, 2026$35Feb 6, 2026$36Feb 20, 2026$38Mar 6, 2026$38Mar 20, 2026$38Apr 2, 2026$37Apr 17, 2026$38May 1, 2026$39May 15, 2026$37May 29, 2026$37Jun 12, 2026$37Jun 26, 2026$37Jul 10, 2026$39Jul 24, 2026$38Aug 7, 2026$38Aug 21, 2026$39Sep 4, 2026$39Sep 18, 2026$36Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We currently believe our expected range of gross capital expenditures for 2026 will net to $2.9 billion to $3.4 billion after applying approximately $600 million in proceeds from asset sales we already received.

    W. Fowler · Statement from

  • For 2027, we expect our growth capital expenditures to be in the $3 billion area.

    W. Fowler · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Enterprise Products Partners L.P. (EPD): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Neutral
Momentum Moderate
Business Quality Neutral
Financial Safety Weak
Valuation Moderate

Legends Council

4 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Sep 20, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Undervalued
Profit Margin Neutral
Revenue Growth Negative
Debt/Equity Negative
ROE Strong
Gross Margin Weak

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the EPD film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Enterprise Products Partners L.P. (EPD), and what does it report?

Short answer · as of

Enterprise Products does considerably more than transport oil and gas.

Research dated 2026-09-12.

Enterprise Products does considerably more than transport oil and gas. It gathers and treats natural gas, processes and fractionates natural gas liquids, moves and stores crude oil and refined products, manufactures and handles selected petrochemicals, serves marine traffic and export terminals, and markets many of the commodities flowing through its system.

Sources (as of 2026-09-12): Business description; Revenue by segment

2 · Latest results

What do the latest results show for Enterprise Products Partners L.P. (EPD)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $18.27B.

Research dated 2026-09-12.

Revenue rebounded sharply in the latest period, while gross profit, operating income, net income and diluted earnings advanced with it. The latest results also exceeded consensus revenue and earnings expectations after a mixed run of beats and misses.

Because gross profit and operating income rose alongside sales, the improvement was not confined to commodity-linked invoice volume. Operating cash flow accelerated to the strongest level in the recent series and covered substantial capital spending, while management continues to plan heavy investment after applying asset-sale proceeds.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Annual revenue and net result (USD millions); Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$18.27B Jun 30, 2026
Latest quarter · SG&A
$64.00M Jun 30, 2026
Latest quarter · FMP standardized operating result
$2.14B Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$18.27BNot available$64.00M$2.14B
Mar 31, 2026$14.39BNot available$64.00M$1.82B
Dec 31, 2025$13.79BNot available$62.00M$1.94B
Sep 30, 2025$12.02BNot available$61.00M$1.69B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$18.27B Jul 30, 2026
Latest report · revenue estimate
$13.69B Jul 30, 2026
Latest report · revenue vs estimate
Above estimate Jul 30, 2026
Latest report · EPS vs estimate
Above estimate Jul 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 30, 2026$18.27B$13.69B$0.8400$0.7480
Apr 28, 2026$14.39B$13.62B$0.6800$0.7140
Feb 3, 2026$13.79B$12.36B$0.7500$0.6900
Oct 30, 2025$12.02B$11.83B$0.6100$0.6510

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$18.27B$1.84B$0.84 (diluted)
Q1 FY2026$14.39B$1.48B$0.68 (diluted)
Q4 FY2025$13.79B$1.64B$0.75 (diluted)
Q3 FY2025$12.02B$1.33B$0.61 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Enterprise Products Partners L.P. (EPD)?

Short answer

Cash and short-term investments were $246.00M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $3.18B for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

The asset network generates substantial operating cash flow, and annual net income has remained comparatively steady despite much larger swings in revenue. That pattern matters because commodity marketing can move reported sales without producing an equal change in underlying profitability.

Liquidity is less comfortable. Cash and short-term investments have fallen sharply and are small beside total debt, while short-term coverage ratios remain below full coverage. Long-term investments enlarge the broader cash-and-investments total, but their classification does not establish that they are readily available operating liquidity.

The damaging combination would be weaker network use or marketing economics alongside persistently high capital spending. Gross profit and cash generation would then soften while financing needs remained elevated, increasing dependence on the balance sheet.

Sources (as of 2026-09-12): Annual revenue and net result (USD millions); Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$3.18B Jun 30, 2026
Previous quarter · operating cash flow
$1.47B Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$3.18B−$1.16B
Mar 31, 2026$1.47B−$983.00M
Dec 31, 2025$2.47B−$1.30B
Sep 30, 2025$1.74B−$1.96B

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Enterprise Products Partners L.P. (EPD)?

Short answer · as of

The next earnings report is expected on Oct 29, 2026.

Research dated 2026-09-12.

Track whether elevated revenue continues to produce higher gross profit, operating income and cash flow rather than reversing into another volatile top-line move. Cash-flow conversion matters more than another revenue beat because recent earnings history shows that sales surprises and earnings surprises do not always travel together.

Management expects heavy capital spending to continue even after asset-sale proceeds, with later growth investment remaining around a similar scale. Compare that outlay with operating cash flow, then watch whether cash rebuilds without additional debt. Wide long-range revenue expectations make actual project conversion and cash generation more informative than the consensus midpoint.

Sources (as of 2026-09-12): Next earnings report; Reported versus estimated, last 8 quarters; Analyst revenue and earnings estimates (average); Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and short-term investments over time (USD millions)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We currently believe our expected range of gross capital expenditures for 2026 will net to $2.9 billion to $3.4 billion after applying approximately $600 million in proceeds from asset sales we already received.

    W. Fowler ·

  2. For 2027, we expect our growth capital expenditures to be in the $3 billion area.

    W. Fowler ·

5 · Peer comparison

How does Enterprise Products Partners L.P. compare with its peers?

Short answer

Enterprise Products Partners L.P.'s score ranks 8th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

A pure pipeline operator mainly moves a commodity from origin to destination; Enterprise Products also processes, fractionates, stores, exports and markets products across an interconnected system. A pure commodity marketer, meanwhile, lacks the same physical network of plants, pipelines, caverns, terminals and marine capabilities.

This combination makes reported revenue sensitive to commodity sales while earnings also reflect demand for infrastructure services. The relevant comparison is therefore not merely with pipeline mileage or trading volume, but with businesses able to keep product inside an integrated chain from processing through storage, transport and export.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Annual revenue and net result (USD millions); Quarterly income statement (USD thousands)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Equinor ASA (EQNR) Named competitor$42.24 Oct 5, 2026$101B95 5-pillar Oct 5, 2026
EOG Resources, Inc. (EOG) Named competitor$141.38 Oct 2, 2026$75.3B95 5-pillar Oct 5, 2026
Canadian Natural Resources Limited (CNQ) Named competitor$48.28 Oct 5, 2026$101B89 5-pillar Oct 5, 2026
Cheniere Energy Partners, L.P. (CQP) Same industry, near in market value$61.31 Oct 2, 2026$29.7B84 5-pillar Oct 5, 2026
Cheniere Energy, Inc. (LNG) Same industry, near in market value$268.05 Oct 5, 2026$56.2B76 5-pillar Oct 5, 2026
MPLX Lp (MPLX) Same industry, near in market value$57.55 Oct 5, 2026$58.4B75 5-pillar Oct 5, 2026
Targa Resources Corp. (TRGP) Same industry, near in market value$281.74 Oct 2, 2026$60.5B63 5-pillar Oct 5, 2026
Enterprise Products Partners L.P. (EPD) — this page$36.07$78.0B60
ONEOK, Inc. (OKE) Same industry, near in market value$87.88 Oct 2, 2026$55.4B59 5-pillar Oct 5, 2026
Energy Transfer LP (ET) Same industry, near in market value$20.47 Oct 2, 2026$70.4B57 5-pillar Oct 5, 2026
Kinder Morgan, Inc. (KMI) Same industry, near in market value$31.07 Oct 2, 2026$69.2B56 5-pillar Oct 5, 2026
The Williams Companies, Inc. (WMB) Named competitor$70.54 Oct 2, 2026$86.3B55 5-pillar Oct 5, 2026
Venture Global, Inc. (VG) Same industry, near in market value$13.13 Oct 2, 2026$32.1B52 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Energy stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$38.00 – $45.00
Consensus target
$41.33
Median target
$41.50

Consensus record · Captured .

Measured against a quoted price of $36.07 (as of Oct 5, 2026).

Insider activity

Form 4 records via FMP · Most recent available transactions

Transactions
12
Identified insiders
3
Purchases
1
Sales
0
Other transactions
11

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
24.8% Period end Jun 30, 2026
Previous quarter · ownership
24.4% Prior to period end Jun 30, 2026
Reporting holders
1,618 Period end Jun 30, 2026
Previous quarter · holders
1,640 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Alps Advisors INC43,655,056
Invesco Ltd.26,616,875
Blackstone INC.23,760,341
Morgan Stanley22,249,198
Tortoise Capital Advisors, L.L.C.18,636,746

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

Enterprise Products Partners L.P. Energy Stock: Key Questions Answered

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What does Enterprise Products sell through its NGL Pipelines and Services segment?

The segment combines natural gas processing, natural gas liquids transportation, fractionation, storage, terminal access and commodity marketing. Its revenue is therefore not a simple pipeline toll.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why can Enterprise Products commodity-marketing revenue move differently from network earnings?

Reported sales include marketed commodities alongside infrastructure services, so changing commodity sales values can move revenue more sharply than net income. The annual and quarterly histories show that revenue volatility has not translated proportionately into profit volatility.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions); Quarterly income statement (USD thousands)

Can Enterprise Products fund its growth-capital plan from operating cash flow?

Recent operating cash flow covered capital spending in the latest period, but coverage has varied across the series. With management planning continued heavy investment, sustained self-funding depends on cash generation remaining ahead of project outlays.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts; Cash and short-term investments over time (USD millions)

Are Enterprise Products' long-term investments equivalent to operating liquidity?

Their classification does not establish immediate availability, so they should not be treated as interchangeable with cash and short-term investments. On the narrower liquidity measure, cash remains small relative to debt and short-term obligations.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash against market value; Trailing twelve-month ratio set

What is the EPD stock price today?

The last price recorded on this page for Enterprise Products Partners L.P. (EPD) is $36.07, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the EPD price target?

The analyst consensus price target for Enterprise Products Partners L.P. (EPD) is $41.33 (range $38.00 to $45.00, median $41.50), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does EPD pay a dividend?

Yes. Enterprise Products Partners L.P. (EPD) shows a trailing 12-month dividend yield of 6.09%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Legal name; Business description; Sector / industry (provider taxonomy); Revenue by segment; Operating cash flow by quarter (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

Sources — records for every figure on this page (81 figures)

The 81 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsW. Fowler (Jul 30, 2026): We currently believe our expected range of gross capital expenditures for 2026 will net to $2.9 billion to $3.4 billion after applying approximately $600 million in proceeds from asset sales we already received. W. Fowler (Jul 30, 2026): For 2027, we expect our growth capital expenditures to be in the $3 billion area.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressHouston, TXOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1100 Louisiana Street, Houston, TX, 77002, US".

FMP — 69 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 29, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$36.07FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T13:45:05.490Z.
px.changeChange on the day-0.30%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$78.0BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T13:45:00.000Z. Captured from FMP at 2026-10-05T13:45:02.885Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.11FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$18.27BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)12.56FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day124.9KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.48FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveW. Randall FowlerFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees8,000FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $40.81B, net result $4.64B; FY2022 revenue $58.19B, net result $5.49B; FY2023 revenue $49.72B, net result $5.53B; FY2024 revenue $56.22B, net result $5.90B; FY2025 revenue $52.60B, net result $5.81BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsNGL Pipelines and Services $84.38B · Onshore Crude Oil Pipelines and Services $63.14B · Onshore Natural Gas Pipelines and Services $5.13B · Petrochemical and Refined Products Services $31.50BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)13.2%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$18.27BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$64.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$2.14BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$14.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$64.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$1.82BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$13.79BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$62.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$1.94BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$12.02BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$61.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$1.69BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-30.revenue_actualRevenue · reported — report date 2026-07-30$18.27BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.revenue_estimatedRevenue · estimate — report date 2026-07-30$13.69BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_actualEPS · reported — report date 2026-07-30$0.8400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-30.eps_estimatedEPS · estimate — report date 2026-07-30$0.7480Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.revenue_actualRevenue · reported — report date 2026-04-28$14.39BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.revenue_estimatedRevenue · estimate — report date 2026-04-28$13.62BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.eps_actualEPS · reported — report date 2026-04-28$0.6800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-28.eps_estimatedEPS · estimate — report date 2026-04-28$0.7140Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-03.revenue_actualRevenue · reported — report date 2026-02-03$13.79BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-03.revenue_estimatedRevenue · estimate — report date 2026-02-03$12.36BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-03.eps_actualEPS · reported — report date 2026-02-03$0.7500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-03.eps_estimatedEPS · estimate — report date 2026-02-03$0.6900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_actualRevenue · reported — report date 2025-10-30$12.02BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.revenue_estimatedRevenue · estimate — report date 2025-10-30$11.83BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_actualEPS · reported — report date 2025-10-30$0.6100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-30.eps_estimatedEPS · estimate — report date 2025-10-30$0.6510Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$246.00MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$3.18BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$2.17BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$34.02BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value2.61×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$3.18BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$1.47BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$1.16BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$983.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$2.47BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$1.30BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$1.74BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$1.96BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$38.00 – $45.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$41.33FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$41.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP12 transactions · 1 purchases, 0 sales, 11 other transactions · 3 identified insiders · most recent available transactionsFMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership24.8%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership24.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders1,618FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders1,640FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesAlps Advisors INC — shares in provider snapshot43,655,056FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesInvesco Ltd. — shares in provider snapshot26,616,875FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesBlackstone INC. — shares in provider snapshot23,760,341FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesMorgan Stanley — shares in provider snapshot22,249,198FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesTortoise Capital Advisors, L.L.C. — shares in provider snapshot18,636,746FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 4 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-05
fin.scoresDistress and quality screensAltman Z 1.94 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
px.range5252-week range$30.01 – $40.17UNRECORDEDStored company-profile observation — Captured 2026-10-05

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments317.07×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $246.00M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$2.21COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months6.09%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-07-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($18.27B) with the recorded estimate ($13.69B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-30.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.8400) with the recorded estimate ($0.7480) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v260 of 100 · Fair · pillars 57 / 37 / 67 / 52 / 60OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement60 (stored snapshot Oct 4, 2026) → 60 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-30.revenue_actual, earn.history.depth.2026-07-30.revenue_estimated, earn.history.depth.2026-07-30.revenue_actual.comparison, earn.history.depth.2026-07-30.eps_actual.comparison, earn.history.depth.2026-07-30.eps_actual, earn.history.depth.2026-07-30.eps_estimated, earn.history.depth.2026-04-28.revenue_actual, earn.history.depth.2026-04-28.revenue_estimated, earn.history.depth.2026-04-28.eps_actual, earn.history.depth.2026-04-28.eps_estimated, earn.history.depth.2026-02-03.revenue_actual, earn.history.depth.2026-02-03.revenue_estimated, earn.history.depth.2026-02-03.eps_actual, earn.history.depth.2026-02-03.eps_estimated, earn.history.depth.2025-10-30.revenue_actual, earn.history.depth.2025-10-30.revenue_estimated, earn.history.depth.2025-10-30.eps_actual, earn.history.depth.2025-10-30.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
ENTERPRISE PRODUCTS PARTNERS L.P.

Our market-data provider lists the name as "Enterprise Products Partners L.P."; the filer's own record is used here.

2026-02-27OFFICIALSEC EDGAR — 10-K filed 2026-02-27
Business description
Enterprise Products Partners L.P. delivers essential midstream energy services, connecting both producers and consumers of diverse commodities such as natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Its operations are structured across four distinct business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services division focuses on natural gas processing and associated NGL marketing. This segment oversees 19 natural gas processing facilities situated across Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming. Furthermore, it manages an extensive network of NGL pipelines, fractionation plants, storage sites for NGLs and related products, and NGL marine export/import terminals. Within the Crude Oil Pipelines & Services segment, the company manages crude oil pipelines, along with storage and marine terminals. A notable asset in this segment is its fleet of 255 tractor-trailer tank trucks, crucial for crude oil transportation. It also actively participates in crude oil marketing. The Natural Gas Pipelines & Services segment is dedicated to the gathering, treatment, and transmission of natural gas through its pipeline systems. This includes leasing underground salt dome natural gas storage facilities in Napoleonville, Louisiana, and owning a similar underground salt dome storage cavern in Wharton County, Texas. Natural gas marketing also forms part of its activities. Finally, the Petrochemical & Refined Products Services segment handles propylene fractionation and related marketing efforts. Its capabilities extend to butane isomerization complexes and associated deisobutanizer operations, as well as facilities for octane enhancement and the production of high-purity isobutylene. This segment additionally operates refined products pipelines and terminals, and ethylene export terminals, complementing these with refined products marketing and marine transportation solutions. Established in 1968, Enterprise Products Partners L.P. maintains its corporate headquarters in Houston, Texas.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Energy / Oil & Gas Midstream

The company's SEC filings classify it under SIC 4922 — Natural Gas Transmission.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
NGL Pipelines and Services: $84.38B; Onshore Crude Oil Pipelines and Services: $63.14B; Onshore Natural Gas Pipelines and Services: $5.13B; Petrochemical and Refined Products Services: $31.50B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$1.16B, Operating cash flow: $3.18B
  • Quarter ended 2026-03-31 — Capital expenditure: -$983.00M, Operating cash flow: $1.47B
  • Quarter ended 2025-12-31 — Capital expenditure: -$1.30B, Operating cash flow: $2.47B
  • Quarter ended 2025-09-30 — Capital expenditure: -$1.96B, Operating cash flow: $1.74B
  • Quarter ended 2025-06-30 — Capital expenditure: -$1.30B, Operating cash flow: $2.06B
  • Quarter ended 2025-03-31 — Capital expenditure: -$1.06B, Operating cash flow: $2.31B
  • Quarter ended 2024-12-31 — Capital expenditure: -$1.06B, Operating cash flow: $2.36B
  • Quarter ended 2024-09-30 — Capital expenditure: -$1.17B, Operating cash flow: $2.07B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $34.02B; Liquidity basis: cash and short-term investments; Total liabilities: $50.69B; Cash and short-term investments: $246.00M; Cash and investments: $2.41B; Long-term investments: $2.17B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Management outlook — dated call excerpts
Captured record · 2 entries
  • Call of 2026-07-30 — Quote: We currently believe our expected range of gross capital expenditures for 2026 will net to $2.9 billion to $3.4 billion after applying approximately $600 million in proceeds from asset sales we already received., Speaker: W. Fowler
  • Call of 2026-07-30 — Quote: For 2027, we expect our growth capital expenditures to be in the $3 billion area., Speaker: W. Fowler

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-30OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.84 per share, R&D: $0, SG&A: $64.00M, EPS basic: $0.84 per share, EPS basis: diluted, Revenue: $18.27B, EPS diluted: $0.84 per share, Net result: $1.84B, Gross profit: $2.20B, Operating result: $2.14B
  • Quarter ended 2026-03-31 — EPS: $0.68 per share, R&D: $0, SG&A: $64.00M, EPS basic: $0.68 per share, EPS basis: diluted, Revenue: $14.39B, EPS diluted: $0.68 per share, Net result: $1.48B, Gross profit: $1.88B, Operating result: $1.82B
  • Quarter ended 2025-12-31 — EPS: $0.75 per share, R&D: $0, SG&A: $62.00M, EPS basic: $0.75 per share, EPS basis: diluted, Revenue: $13.79B, EPS diluted: $0.75 per share, Net result: $1.64B, Gross profit: $2.00B, Operating result: $1.94B
  • Quarter ended 2025-09-30 — EPS: $0.61 per share, R&D: $0, SG&A: $61.00M, EPS basic: $0.61 per share, EPS basis: diluted, Revenue: $12.02B, EPS diluted: $0.61 per share, Net result: $1.33B, Gross profit: $1.66B, Operating result: $1.69B
  • Quarter ended 2025-06-30 — EPS: $0.66 per share, R&D: $0, SG&A: $68.00M, EPS basic: $0.66 per share, EPS basis: diluted, Revenue: $11.36B, EPS diluted: $0.66 per share, Net result: $1.44B, Gross profit: $1.77B, Operating result: $1.70B
  • Quarter ended 2025-03-31 — EPS: $0.64 per share, R&D: $0, SG&A: $60.00M, EPS basic: $0.64 per share, EPS basis: diluted, Revenue: $15.42B, EPS diluted: $0.64 per share, Net result: $1.39B, Gross profit: $1.74B, Operating result: $1.76B
  • Quarter ended 2024-12-31 — EPS: $0.73 per share, R&D: $0, SG&A: $60.00M, EPS basic: $0.74 per share, EPS basis: diluted, Revenue: $14.20B, EPS diluted: $0.73 per share, Net result: $1.62B, Gross profit: $1.92B, Operating result: $1.97B
  • Quarter ended 2024-09-30 — EPS: $0.65 per share, R&D: $0, SG&A: $61.00M, EPS basic: $0.64 per share, EPS basis: diluted, Revenue: $13.78B, EPS diluted: $0.65 per share, Net result: $1.42B, Gross profit: $1.77B, Operating result: $1.78B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-30 — EPS actual: $0.84 per share, EPS estimated: $0.748 per share, Revenue actual: $18.27B, Revenue estimated: $13.69B
  • Reported 2026-04-28 — EPS actual: $0.68 per share, EPS estimated: $0.714 per share, Revenue actual: $14.39B, Revenue estimated: $13.62B
  • Reported 2026-02-03 — EPS actual: $0.75 per share, EPS estimated: $0.69 per share, Revenue actual: $13.79B, Revenue estimated: $12.36B
  • Reported 2025-10-30 — EPS actual: $0.61 per share, EPS estimated: $0.651 per share, Revenue actual: $12.02B, Revenue estimated: $11.83B
  • Reported 2025-07-28 — EPS actual: $0.66 per share, EPS estimated: $0.645 per share, Revenue actual: $11.36B, Revenue estimated: $14.18B
  • Reported 2025-04-29 — EPS actual: $0.64 per share, EPS estimated: $0.705 per share, Revenue actual: $15.42B, Revenue estimated: $14.00B
  • Reported 2025-02-04 — EPS actual: $0.74 per share, EPS estimated: $0.701 per share, Revenue actual: $14.20B, Revenue estimated: $14.13B
  • Reported 2024-10-29 — EPS actual: $0.65 per share, EPS estimated: $0.66 per share, Revenue actual: $13.78B, Revenue estimated: $13.87B
2026-07-30FMPFinancial Modeling Prep (FMP) earnings
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $52.60B, Period end: 2025-12-31, Net result: $5.81B
  • FY2024 — R&D: $0, Revenue: $56.22B, Period end: 2024-12-31, Net result: $5.90B
  • FY2023 — R&D: $0, Revenue: $49.72B, Period end: 2023-12-31, Net result: $5.53B
  • FY2022 — R&D: $0, Revenue: $58.19B, Period end: 2022-12-31, Net result: $5.49B
  • FY2021 — R&D: $0, Revenue: $40.81B, Period end: 2021-12-31, Net result: $4.64B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Cash and investment components
Total basis: cash short and long-term investments; Total: $2.41B; Cash and short-term investments: $246.00M; Long-term investments: $2.17B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $246.00M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $1.39B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $1.68B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $884.00M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $870.00M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $220.00M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $583.00M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $1.43B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $246.00M; Decline: $1.19B; Opening balance: $1.43B; Average change per period: $169.70M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$33.77B; Total debt: $34.02B; Cash and investments: $246.00M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.66; Current ratio: 0.93; Debt to equity: 1.12; Net margin: 10.8%; Gross margin: 13.2%; Operating margin: 13%; Return on assets: 7.7%; Return on equity: 21.2%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 2.02; Piotroski F-score: 6

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-29; EPS estimate: $0.75 per share; Revenue estimate: $15.81B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $3.21 per share, Revenue average: $67.67B, Revenue low: $61.76B, Revenue high: $75.58B, Analysts (revenue): 8
  • FY2028 — EPS average: $3.48 per share, Revenue average: $72.80B, Revenue low: $49.10B, Revenue high: $89.22B, Analysts (revenue): 8
  • FY2029 — EPS average: $3.57 per share, Revenue average: $65.43B, Revenue low: $53.94B, Revenue high: $75.40B, Analysts (revenue): 6
  • FY2030 — EPS average: $3.89 per share, Revenue average: $68.61B, Revenue low: $56.56B, Revenue high: $79.08B, Analysts (revenue): 6
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold EPD

Funds in our ETF coverage that list EPD among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
FT Energy Income Partners Enhanced Income ETF (EIPI)7.99%
UMI ETF7.64%