Enterprise Products Partners (EPD)
Connects North American energy production with processing, storage, domestic markets, and Gulf Coast exports.
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Moves natural gas liquids, crude oil, natural gas, petrochemicals, and refined products through an integrated network of pipelines, processing plants, storage, and marine terminals. The Gulf Coast-centered system links North American supply with domestic customers and exports, while results depend on throughput, reservations, service fees, and regulated tariffs.
Operates an integrated midstream network spanning NGL, crude oil, natural gas, and petrochemical and refined-products services. The Gulf Coast-centered system connects North American production with processing, storage, domestic customers, and export terminals.
NGL Pipelines & Services covers processing, pipelines, fractionation, storage, and marine terminals. The other segments handle crude-oil logistics, natural-gas gathering and transportation, petrochemical production and logistics, refined-products services, and marine transportation.
The connected network coordinates basin-to-market movements across more than 50,000 pipeline miles, with Gulf Coast outlets serving international demand. Results depend on throughput, reserved capacity, service fees, and regulated tariffs.
Mechanical integrity, accurate line locating, emergency readiness, environmental permits, pipeline-safety compliance, and founder-linked general-partner governance shape the operating structure.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 22, 2026 | Capital One Financial | Target | Target: — | Target: $42 |
| Sep 22, 2026 | Melius Research | Target | Target: — | Target: $42 |
| Aug 18, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $40 | Target: $41 |
| Jul 21, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $43 | Target: $40 |
| Jun 17, 2026 | UBS | Target | Target: — | Target: $45 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $246.0M · Total debt $34.02B · Total assets $81.76B · Shareholders' equity $30.25B
- Revenue
- $18.27B
- Operating income
- $2.14B
- Net income
- $1.84B
HistoryDividendAnnual yield
| Institutions | 25.12% | 542.43M shares | |
|---|---|---|---|
| 1,618 holders · as of Jun 30, 2026 | |||
| Insiders | 32.67% | 705.53M shares | |
| 14 holders · as of Mar 23, 2026 | |||
| Other | 42.21% | 911.52M shares | |
| remainder | |||
2.16B company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Randa Duncan Williams1,2Insiderdirector, 10 percent owner | 32.53% | 702.22M | filed Feb 18, 2026 |
Alps Advisors IncInstitution | 2.02% | 43.66M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 1.23% | 26.62M | as of Jun 30, 2026 |
Blackstone Inc.Institution | 1.10% | 23.76M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 1.03% | 22.25M | as of Jun 30, 2026 |
- Randa Duncan Williams's transaction reports restate only vehicles that traded; the 2025 ownership statement (702.22M) plus the 292.3K net shares acquired since is used instead.
- Randa Duncan Williams reports a block also reported by another filer; it is counted once, under that filer.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 20, 2026 | Aj Teague | director, officer: CO-CHIEF EXECUTIVE OFFICER | +2,665 | $37.55 |
| Dec 29, 2025 | John R. Rutherford | director | +15,000 | $32.09 |
- Energy Transfer
Broad midstream rival across gas, liquids, and Gulf Coast exports
- ONEOK
Integrated rival across NGL, gas, crude, and refined-product logistics
- Targa Resources
Direct Gulf Coast NGL rival with Permian gathering and LPG exports
- MPLX
Broad U.S. overlap across gas, NGL, crude, and refined-product logistics
- Kinder Morgan
North American pipeline, storage, and terminal operator
- Plains All American Pipeline
Crude-oil transport, storage, terminaling, and export logistics peer
- Williams
Natural-gas infrastructure rival with NGL and Gulf offshore overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Enterprise Products Partners | $37.91 | −0.28% | $82.24B | 13.2 | 12.4 | 1.4 | +60.8% |
| Energy Transfer | $20.67 | +1.30% | $70.20B | 12.7 | 12.6 | 0.7 | +78.4% |
| ONEOK | $91.61 | +1.69% | $56.77B | 15.5 | 15.5 | 1.4 | +52.8% |
| Targa Resources | $288.00 | +2.07% | $60.56B | 26.9 | 25.6 | 3.6 | +10.3% |
| MPLX | $59.21 | +0.08% | $60.03B | 12.7 | 12.9 | 4.7 | +10.6% |
| Kinder Morgan | $31.69 | +1.34% | $69.63B | 20.0 | 21.4 | 3.9 | +10.8% |
| Plains All American Pipeline | $24.67 | +0.49% | $17.32B | 6.8 | 14.5 | 0.3 | +66.3% |
| Williams | $72.11 | +1.58% | $86.82B | 28.2 | 30.0 | 7.1 | +10.2% |
| Median | 15.5 | 15.5 | 3.6 | +10.8% |