OakChart

Enterprise Products Partners L P

EPDEnergy·Oil & Gas Midstream·USA·Large·NYSE·Nov 11 • 9:39 AM ET

37.14+0.01 (0.02%)
2026-11-11 15:39 CET
Market cap
80,074.56 USD m
Revenue, TTM
64,145.00 USD m
Net income, TTM
6,527.00 USD m
Free cash flow, TTM
4,875.00 USD m
EPS diluted, TTM
3.01
P/E
12.34
Compare

Price

EPD against its 20, 50 and 200-day averages
2050200beatearnings
34.0036.0038.0040.005.6M11.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26EPDclose 37.1420-day 37.1050-day 37.37200-day 37.4737.14

7.5% under 40.17 on 19 May 2026. Last 15 sessions, 8.8% high to low

Profile

EPD
52-week range, 66% of the way up
31.2640.17

Enterprise Products Partners LP is a holding company, which engages in the production and trade of natural gas and petrochemicals. It operates through the following segments: NGL Pipelines and Services, Crude Oil Pipelines and Services, Natural Gas Pipelines and Services, and Petrochemical and Refined Products Services. The NGL Pipelines and Services segment manages a natural gas processing facility and a related gathering system. The Crude Oil Pipelines and Services segment owns a crude oil pipeline system. The Natural Gas Pipelines and Services segment stores and transports natural gas. The Petrochemical and Refined Products Services segment offers propylene fractionation, butane isomerization complex, octane enhancement, and refined products. The company was founded by Dan L. Duncan in April 1998 and is headquartered in Houston, TX.

Employees8000
IPOJul 28, 1998
Beta0.46
ATR, 14d0.74
Rel volume0.52
Short float1.19%
Inst own25.03%

Snapshot

6 groups

Valuation

Index-
Market Cap80.09B
Enterprise Value114.31B
Income6.53B
Sales64.14B
Book/sh14.09
Cash/sh0.49
Dividend Est.2.24 (6.04%)
Dividend TTM2.22 (5.98%)
Dividend Ex-DateOct 30, 2026
Dividend Gr. 3/5Y4.74% 3.95%
Payout82.12%
Employees8000
IPOJul 28, 1998

Ratios

P/E12.34
Forward P/E11.65
PEG1.33
P/S1.25
P/B2.64
P/C75.55
P/FCF16.43
EV/EBITDA10.95
EV/Sales1.78
Quick Ratio0.67
Current Ratio0.93
Debt/Eq1.13
LT Debt/Eq1.06
Option/ShortYes / Yes

Earnings

EPS (ttm)3.01
EPS next Y3.19
EPS next Q0.78
EPS this Y14.45%
EPS next Y4.68%
EPS next 5Y8.77%
EPS past 3/5Y2.06% 9.13%
Sales past 3/5Y-3.51% 14.32%
EPS Y/Y TTM13.83%
Sales Y/Y TTM22.14%
EPS Q/Q21.65%
Sales Q/Q49.43%
EarningsOct 29 BMO
EPS/Sales Surpr.0.60% 19.85%

Ownership

Insider Own-
Insider Trans-
Inst Own25.03%
Inst Trans0.89%
ROA8.08%
ROE21.92%
ROIC10.45%
Gross Margin12.21%
Oper. Margin11.82%
Profit Margin10.18%
SMA200.10%
SMA50-0.63%
SMA200-0.89%
Trades-

Technical

Shs Outstand2.16B
Shs Float1.44B
Short Float1.19%
Short Ratio5.04
Short Interest17.07M
52W High40.17 -7.54%
52W Low31.26 18.78%
Volatility2.33% 1.90%
ATR (14)0.74
RSI (14)50.09
Beta0.46
Rel Volume0.52
Avg Volume3.39M
Volume127,396

Performance

Perf Week1.16%
Perf Month3.04%
Perf Quarter-2.33%
Perf Half Y-3.01%
Perf YTD15.83%
Perf Year18.04%
Perf 3Y42.94%
Perf 5Y62.24%
Perf 10Y47.01%
Recom2.36
Target Price41.80
Prev Close37.13
Price37.14
Change %0.02%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 22, 2026InitiatedMMeliusHold$42+13.1%
Sep 22, 2026InitiatedCCapitalOneEqual Weight$42+13.1%
Sep 10, 2026ResumedSStifelHold$40+7.7%
Mar 25, 2026UpgradeWWells FargoEqual Weight → Overweight$42+13.1%
Mar 24, 2026InitiatedTTruistHold$36-3.1%
Feb 04, 2026ReiteratedTTD CowenHold$33 → $34-8.4%
Jan 14, 2026DowngradeWWolfe ResearchPeer Perform → Underperform$31-16.5%
Jan 12, 2026InitiatedJJefferiesHold$33-11.1%
Jan 05, 2026DowngradeRRaymond JamesStrong Buy → Outperform$36-3.1%
Dec 18, 2025DowngradeMMorgan StanleyEqual-Weight → Underweight$34-8.4%

Peers

Mkt cap
TickerCompanyMkt cap
ETEnergy Transfer LP66.89B
OKEOneok Inc55.06B
TRGPTarga Resources Corp60.71B
WMBWilliams Cos Inc84.78B
KMIKinder Morgan Inc69.49B
MPLXMPLX LP57.37B
ENBEnbridge Inc106.05B
PAAPlains All American Pipeline LP16.74B
TRPTC Energy Corp66.09B
WESWestern Midstream Partners LP17.09B

Insider trading

2 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
TEAGUE AJCO-CHIEF EXECUTIVE OFFICERMar 20 '26Buy37.552,665100,06977,576Mar 23 04:42 PM
Rutherford John RDirectorDec 29 '25Buy32.0915,000481,334173,586Dec 29 04:06 PM

Held by

AUM
TickerCompanyAUM
EIPXFT Energy Income Partners Strategy ETFAUM: 573.65M
TPYPTortoise North American Pipeline ETFAUM: 875.89M
ESNEssential 40 Stock ETFAUM: 383.92M
USAIPacer American Energy Infrastructure ETFAUM: 122.65M
TBGTBG Dividend Focus ETFAUM: 337.88M
TOLZProShares DJ Brookfield Global Infrastructure ETFAUM: 172.79M
NBETNeuberger Energy Transition & Infrastructure ETFAUM: 54.24M
MBOXFreedom Day Dividend ETFAUM: 156.80M
BLCViShares Large Cap Value Active ETFAUM: 362.66M

News

latest 14 of 206
  • Enterprise Prices $1.5 Billion Aggregate Principal Amount of Senior Notes (Business Wire)
  • This ETF Makes It Easy to Invest in Hard Assets (Barrons.com)
  • Enterprise Products Edges Consensus But Misses The Whisper As Record Volumes Meet A Cooler 2027 Outlook (Earnings Whispers)
  • Enterprise Products: Q3 Earnings Snapshot (Associated Press)
  • Enterprise Reports Third Quarter 2026 Earnings (Business Wire)
  • Loading…
  • Phillips 66 stock underperforms Tuesday when compared to competitors (MarketWatch)
  • Enterprise Products Must Prove Fee Growth Can Replace Fading Hormuz Windfall (Earnings Whispers)
  • The bond market shrugged off two inflation shocks. Why stock investors should pay attention. (MarketWatch)
  • Better High-Yield Dividend Stock: Verizon vs. Enterprise Products (TIKR)
  • Better High-Yield Dividend Stock: UPS vs. Enterprise Products (TIKR)
  • Better High-Yield Dividend Stock: Enterprise Products vs. MPLX (TIKR)
  • Enterprise Declares Quarterly Distribution (Business Wire)
  • 5 Safe Dividend Stocks Yielding 5%+ You Can Buy in October (TIKR)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-290.7500.7460.75017,94814,97516
2026Q22026-07-300.8400.7480.84218,26913,68814
2026Q12026-04-280.6800.7140.67814,38613,61615
2025Q42026-02-030.7500.6900.74513,79312,36414
2025Q32025-10-300.6100.6710.61212,02311,79913
2025Q22025-07-280.6600.6450.65511,36314,17613
2025Q12025-04-290.6400.7050.63615,41714,00012
2024Q42025-02-040.7400.7010.73914,20114,12612
2024Q32024-10-290.6500.6650.64613,77513,87212
2024Q22024-07-300.6400.6610.64013,48314,23013
2024Q12024-04-300.6600.6690.66414,76013,81611
2023Q42024-02-010.7200.6780.71514,62212,43113
2023Q32023-10-310.6000.6400.60111,99811,08115
2023Q22023-08-010.5700.5810.57110,65112,33914
2023Q12023-05-020.6400.6150.63312,44414,08613
2022Q42023-02-010.6520.6220.64713,65015,44414

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY2.0902.1302.07332,78933,386
2020FY1.7102.0721.70027,20028,330
2021FY2.2062.1952.08740,80740,107
2022FY2.5242.4872.47458,18658,606
2023FY2.5202.4982.49749,71548,263
2024FY2.6902.6702.66556,21956,266
2025FY2.6602.6112.66052,59651,600
2026FY-3.044--65,197
2027FY-3.187--68,085
2028FY-3.423--72,948
2029FY-3.444--70,374
2030FY-3.666--75,753

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0684215,62411,31118,978
2026Q4S2026-11-0284115,86511,31118,978
2026Q4S2026-10-3084115,87011,34718,978
2026Q4S2026-10-2984115,79111,34718,948
2026Q4S2026-10-1583115,66911,34718,948
2026Q4S2026-10-1473016,28512,57218,948
2026Q4S2026-10-1373016,25912,57218,948
2026Q4S2026-10-0974016,25912,57218,948
2026Q4S2026-09-2274016,24912,51218,939
2026Q4S2026-09-2164016,23712,51218,939
2026Q4S2026-09-1454016,17512,51218,939
2026Q4S2026-09-0954016,13512,51218,939
2026Q4S2026-09-0653015,70212,51217,499
2026Q4S2026-08-1254015,70212,51217,499

Estimate history

EPS, annual1.2981.9072.0731.72.0872.4742.4972.6652.633.0094
Period201720182019202020212022202320242025TTM
EPS, quarterly0.6460.7390.6360.6550.6120.7450.6780.8420.745
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual29367.336862.432525.52667141566.85796849403556845207964145
Period201720182019202020212022202320242025TTM
Sales, quarterly136911384415452112281199313406144341838417921
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual2161.0892184.8692189.2262182.3092176.382170.8062168.2452165.72161.7612156.605
Period201720182019202020212022202320242025MRQ
Shares, quarterly2167.7522165.72168.9032165.5562163.1272161.7612163.5182159.4772156.605
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue64,145.0052,079.0055,684.0049,403.0057,968.0041,566.8026,671.0032,525.5036,862.40
Cost of Goods Sold Incl. D&A56,315.0045,366.0048,911.0042,979.0051,501.0034,818.3021,585.2027,012.7031,487.00
Gross Profit7,830.006,713.006,773.006,424.006,467.006,748.505,085.805,512.805,375.40
Selling, General and Administrative Excl. Other250.00251.00244.00231.00241.00216.30109.20110.70103.70
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income7,580.006,462.006,529.006,193.006,226.006,532.204,976.605,402.105,271.70
Interest Expense1,534.001,408.001,358.001,274.001,225.001,244.701,248.101,110.801,058.60
Unusual Expense-228.00-237.00-225.00-174.002.0098.60647.00246.80519.00
Net Income Before Taxes6,697.005,899.006,035.005,701.005,697.004,825.303,761.404,732.704,298.80
Income Taxes47.0023.0065.0044.0082.0070.00-124.3045.6060.30
Consolidated Net Income6,587.005,821.005,914.005,607.005,569.004,718.303,853.704,659.404,217.00
Net Income From Continuing Operations6,531.005,759.005,845.005,482.005,444.004,600.703,743.604,563.604,150.90
Net Income6,527.005,755.005,841.005,479.005,441.004,597.103,742.704,563.604,150.90
EPS (Recurring)2.942.552.592.442.472.121.912.152.07
EPS (Basic, Before Extraordinaries)3.022.662.692.522.502.111.712.091.91
EPS (Diluted)3.012.632.662.502.472.091.702.071.91
EBITDA10,444.009,194.009,097.008,337.008,259.008,447.207,087.507,394.207,063.30
Non-Operating Income (Expense)423.00608.00639.00608.00698.00-363.60679.90688.20604.70
Other After Tax Adjustments-63.00-55.00-56.00-50.00-46.00-37.00-32.00-27.70-21.50
Stock Option Compensation Expense170.64155.63148.52135.88157.00152.30116.14105.0583.82
Price To Earnings Ratio12.3412.3411.7610.7510.4310.4611.4513.5712.93
Price To Sales Ratio1.211.351.231.170.911.161.621.911.45
Gross Margin12.2112.8912.1613.0011.1616.2419.0716.9514.58
Operating Margin11.8212.4111.7312.5410.7415.7118.6616.6114.30
Net Margin10.1811.0510.4911.099.3911.0614.0314.0311.26
Shares Outstanding2,156.602,161.762,165.702,168.252,170.812,176.382,182.312,189.232,184.87
Market Capitalization80,074.5680,074.5667,975.0057,229.0452,474.7547,919.5742,762.6261,647.0353,671.61

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue17,921.0018,384.0014,434.0013,406.0011,993.0011,228.0015,452.0013,844.00
Cost of Goods Sold Incl. D&A15,990.0016,047.0012,481.0011,797.0010,338.009,577.0013,668.0012,245.00
Gross Profit1,931.002,337.001,953.001,609.001,655.001,651.001,784.001,599.00
Selling, General and Administrative Excl. Other60.0064.0064.0062.0061.0068.0060.0060.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,871.002,273.001,889.001,547.001,594.001,583.001,724.001,539.00
Interest Expense384.00386.00387.00377.00356.00334.00341.00347.00
Unusual Expense-48.00-49.00110.00-241.0029.00-54.0033.00-269.00
Net Income Before Taxes1,655.001,868.001,518.001,656.001,343.001,470.001,430.001,643.00
Income Taxes17.0012.0022.00-4.00-13.0016.0024.0010.00
Consolidated Net Income1,623.001,839.001,481.001,644.001,344.001,440.001,393.001,633.00
Net Income From Continuing Operations1,610.001,824.001,468.001,629.001,327.001,422.001,381.001,620.00
Net Income1,609.001,823.001,467.001,628.001,326.001,421.001,380.001,619.00
EPS (Recurring)0.730.830.710.670.620.640.650.65
EPS (Basic, Before Extraordinaries)0.750.840.680.750.610.660.640.75
EPS (Diluted)0.740.840.680.750.610.660.640.74
EBITDA2,598.002,993.002,595.002,258.002,263.002,233.002,377.002,194.00
Non-Operating Income (Expense)120.00-68.00126.00245.00134.00167.0080.00182.00
Other After Tax Adjustments-15.00-17.00-15.00-16.00-12.00-14.00-13.000.00
Stock Option Compensation Expense45.8244.2442.6637.9239.5039.5038.7133.97
Price To Earnings Ratio12.3413.6714.2912.1311.6811.6512.6911.76
Price To Sales Ratio1.211.381.621.351.301.251.331.23
Gross Margin10.7812.7113.5312.0013.8014.7011.5511.55
Operating Margin10.4412.3613.0911.5413.2914.1011.1611.12
Net Margin8.989.9210.1612.1411.0612.668.9311.69
Shares Outstanding2,156.602,159.482,163.522,161.762,163.132,165.562,168.902,165.70
Market Capitalization80,074.5679,531.0081,801.0069,356.0467,707.3767,257.5973,937.0067,975.00

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,679.001,372.00667.00675.003,201.201,386.70537.20564.50223.70
Short Term Receivables6,501.009,249.007,783.006,981.007,002.804,827.004,893.703,675.904,360.20
Inventories3,884.003,955.003,352.002,554.002,681.003,303.502,091.401,522.101,609.80
Other Current Assets1,296.00557.00446.00388.00384.40392.20340.60298.20312.70
Total Current Assets13,360.0015,133.0012,248.0010,598.0013,269.409,909.407,862.906,060.706,506.40
Net Property, Plant & Equipment51,796.0049,497.0046,168.0044,766.0042,433.3042,244.8041,813.6038,737.6035,620.40
Total Investments and Advances2,211.002,300.002,433.002,395.002,430.402,658.202,600.802,622.602,667.70
Intangible Assets9,871.009,717.009,378.009,573.008,599.508,758.009,194.209,353.609,435.50
Deferred Tax Assets76.0060.0050.004.002.902.40---
Other Assets664.00521.00755.00776.00793.00536.30261.70195.30188.10
Total Assets77,978.0077,228.0071,032.0068,112.0067,528.5064,109.1061,733.2056,969.8054,418.10
Short Term Debt Incl. Current Port. of LT Debt1,722.001,256.001,375.001,804.001,436.101,352.802,022.301,500.102,855.00
Accounts Payable1,238.001,425.001,394.00975.00798.60854.101,166.801,243.00929.00
Other Current Liabilities9,872.0012,496.0010,362.009,486.009,389.806,781.105,940.604,424.405,511.10
Total Current Liabilities12,832.0015,177.0013,131.0012,265.0011,624.508,988.009,129.707,167.509,295.10
Long Term Debt33,204.0031,165.0027,820.0026,941.0028,523.4028,861.5025,814.8024,678.1021,713.70
Provision for Risks Charges285.00259.00221.00214.00159.00137.60126.90125.0085.60
Deferred Tax Liabilities778.00716.00661.00604.00520.90467.10100.4080.4058.50
Other Liabilities309.00322.00440.00386.00262.20228.20733.90626.60492.80
Total Liabilities47,408.0047,639.0042,273.0040,410.0041,090.0038,682.4035,905.7032,677.6031,645.70
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.0049.300.000.000.00
Common Equity29,739.0028,732.0027,673.0026,623.0025,328.9024,304.1024,764.0023,853.5022,547.20
Total Shareholders Equity29,739.0028,732.0027,673.0026,623.0025,328.9024,353.4024,764.0023,853.5022,547.20
Accumulated Minority Interest831.00857.001,086.001,079.001,109.601,073.301,063.50438.70225.20
Total Equity30,570.0029,589.0028,759.0027,702.0026,438.5025,426.7025,827.5024,292.2022,772.40
Total Liabilities & Stockholders Equity77,978.0077,228.0071,032.0068,112.0067,528.5064,109.1061,733.2056,969.8054,418.10
Book Value Per Share13.7613.2712.7612.2611.6411.1411.3110.9210.43
Tangible Book Value Per Share9.198.788.447.857.697.127.116.646.07
Full-Time Employees8,0007,8007,5007,3006,9117,1307,3007,0007,000
Price to Book Ratio2.642.402.111.991.891.762.492.252.56
Return on Assets7.427.887.888.036.995.957.697.455.22
Return on Equity19.7020.7320.1920.9618.5215.2418.7717.8912.48
Return on Invested Capital9.159.769.8810.168.547.039.028.556.29
Quick Ratio0.740.740.680.660.910.730.630.630.53
Current Ratio1.041.000.930.861.141.100.860.850.70

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income6,650.005,876.005,970.005,657.005,615.004,755.303,885.704,687.104,238.50
Depreciation2,900.002,732.002,568.002,144.002,033.001,915.002,110.901,992.101,791.60
Other Funds (Non Cash)136.00129.00114.00352.00483.00483.00997.20342.00108.60
Funds from Operations9,763.008,783.008,697.008,165.008,191.007,193.106,846.207,041.206,160.10
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-388.00-124.00-505.00-554.00-54.001,365.70-767.20-457.4016.20
Cash from Operating Activities9,375.008,659.008,192.007,611.008,137.008,558.806,079.006,583.806,176.30
Capital Expenditures-4,500.00-5,620.00-4,544.00-3,266.00-1,964.00-2,223.20-3,287.90-4,531.70-4,223.20
Net Assets From Acquisitions0.000.00-1,349.000.00-3,204.000.000.000.00-150.60
Sale of Fixed Assets and Businesses661.0082.0014.0042.00122.0064.3012.8020.60161.20
Purchase or Sale of Investments-1.00-2.000.00-2.00-1.00-2.10-15.60-111.60-113.60
Purchase of Investments-1.00-2.000.00-2.00-1.00-2.10-15.60-111.60-113.60
Sale Or Maturity of Investments0.000.000.000.00-0.000.000.000.00
Other Uses-34.00-25.00-31.00-13.00-5.00-19.90-17.50-16.10-5.40
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-3,874.00-5,565.00-5,910.00-3,239.00-5,052.00-2,180.90-3,308.20-4,638.80-4,331.60
Cash Dividends Paid-4,767.00-4,678.00-4,512.00-4,301.00-4,095.00-3,930.40-3,891.00-3,839.80-3,726.90
Change in Capital Stock-437.00-300.00-219.00-188.00-250.00-213.90-154.801.10507.60
Repurchase of Common Pref Stock-437.00-300.00-219.00-188.00-250.00-213.90-186.30-81.10-30.80
Sale of Common Pref Stock0.000.000.000.000.000.0031.5082.20538.40
Proceedsfrom Stock Options0.000.000.000.000.000.0031.5082.20538.40
Issuance or Reduction of Debt, Net-159.002,468.003,125.00435.00-1,256.00-348.902,219.201,428.501,582.50
Change in Long Term Debt-159.002,468.003,125.00435.00-1,256.00-348.902,219.201,428.501,582.50
Issuance of Long Term Debt92,364.0088,239.0053,671.0089,882.0096,139.0011,142.906,625.8058,145.0079,539.60
Reduction of Long Term Debt-92,523.00-85,771.00-50,546.00-89,447.00-97,395.00-11,491.80-4,406.60-56,716.50-77,957.10
Net Financing Active Other Cash Flow-231.00-177.00-158.00-204.00-243.00-78.10-196.10465.10131.90
Other Financing Activities Uses-232.00-196.00-248.00-269.00-250.00-225.70-227.00-167.70-128.30
Cash from Financing Activities-5,594.00-2,687.00-1,764.00-4,258.00-5,844.00-4,571.30-2,022.70-1,945.10-1,504.90
Net Change in Cash-93.00407.00518.00114.00-2,759.001,806.60748.10-0.10339.80
Free Cash Flow4,875.003,039.003,648.004,345.006,173.006,335.602,791.102,052.101,953.10
Preferred Dividends (Cash Flow)-------0.000.00
Price to Free Cash Flow719.12--1,313.9125.5220.12---
Deferred Taxes & Investment Tax Credit-46.0045.0012.0060.0039.80-147.6020.0021.40

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,060.001,004.001,385.001,679.00884.001,785.00
Short Term Receivables10,624.009,410.008,354.006,501.007,523.007,570.00
Inventories4,907.004,666.005,234.003,884.004,160.003,969.00
Other Current Assets890.00825.00704.001,296.00670.00836.00
Total Current Assets17,481.0015,905.0015,677.0013,360.0013,237.0014,160.00
Net Property, Plant & Equipment53,325.0052,981.0052,148.0051,796.0051,886.0050,890.00
Total Investments and Advances2,181.002,213.002,232.002,211.002,225.002,251.00
Intangible Assets9,700.009,763.009,815.009,871.009,919.009,614.00
Deferred Tax Assets76.0077.0079.0076.0068.0071.00
Other Assets972.00896.00687.00664.00555.00527.00
Total Assets83,735.0081,835.0080,638.0077,978.0077,890.0077,513.00
Short Term Debt Incl. Current Port. of LT Debt2,345.002,133.002,803.001,722.002,561.001,725.00
Accounts Payable1,428.001,483.001,405.001,238.001,520.001,454.00
Other Current Liabilities15,013.0013,536.0013,014.009,872.0010,969.0011,578.00
Total Current Liabilities18,786.0017,152.0017,222.0012,832.0015,050.0014,757.00
Long Term Debt32,131.0032,121.0031,621.0033,204.0031,493.0031,504.00
Provision for Risks Charges360.00356.00289.00285.00275.00270.00
Deferred Tax Liabilities807.00797.00795.00778.00723.00743.00
Other Liabilities465.00345.00364.00309.00299.00320.00
Total Liabilities52,549.0050,771.0050,291.0047,408.0047,840.0047,594.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity30,379.0030,248.0029,526.0029,739.0029,209.0029,066.00
Total Shareholders Equity30,379.0030,248.0029,526.0029,739.0029,209.0029,066.00
Accumulated Minority Interest807.00816.00821.00831.00841.00853.00
Total Equity31,186.0031,064.0030,347.0030,570.0030,050.0029,919.00
Total Liabilities & Stockholders Equity83,735.0081,835.0080,638.0077,978.0077,890.0077,513.00
Book Value Per Share14.0914.0113.6513.7613.5013.42
Tangible Book Value Per Share9.599.499.119.198.928.98
Full-Time Employees---8,000--
Price to Book Ratio2.642.692.752.372.332.33
Return on Assets8.087.847.497.427.527.71
Return on Equity21.9221.0720.0119.7019.9820.43
Return on Invested Capital2.582.922.402.592.192.35
Quick Ratio0.670.660.610.740.600.69
Current Ratio0.930.930.911.040.880.96

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income1,638.001,856.001,496.001,660.001,356.001,454.00
Depreciation722.00714.00704.00760.00669.00655.00
Other Funds (Non Cash)79.00-48.00127.00-22.0073.0017.00
Funds from Operations2,450.002,527.002,341.002,445.002,081.002,131.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-238.00666.00-861.0045.00-322.00-50.00
Cash from Operating Activities2,212.003,193.001,480.002,490.001,759.002,081.00
Capital Expenditures-1,058.00-1,158.00-983.00-1,301.00-1,958.00-1,299.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses1.003.00596.0061.006.0011.00
Purchase or Sale of Investments0.000.000.00-1.000.00-1.00
Purchase of Investments0.000.000.00-1.000.00-1.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-6.00-11.00-5.00-12.00-4.00-5.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-1,063.00-1,166.00-392.00-1,253.00-1,956.00-1,294.00
Cash Dividends Paid-1,209.00-1,190.00-1,189.00-1,179.00-1,180.00-1,160.00
Change in Capital Stock-112.00-159.00-116.00-50.00-80.00-110.00
Repurchase of Common Pref Stock-112.00-159.00-116.00-50.00-80.00-110.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net208.00-690.00-489.00812.00836.001,152.00
Change in Long Term Debt208.00-690.00-489.00812.00836.001,152.00
Issuance of Long Term Debt20,913.0031,732.0022,485.0017,234.0021,465.0030,449.00
Reduction of Long Term Debt-20,705.00-32,422.00-22,974.00-16,422.00-20,629.00-29,297.00
Net Financing Active Other Cash Flow-42.00-37.00-145.00-7.00-43.00-27.00
Other Financing Activities Uses-42.00-38.00-145.00-7.00-43.00-42.00
Cash from Financing Activities-1,155.00-2,076.00-1,939.00-424.00-467.00-145.00
Net Change in Cash-6.00-49.00-851.00813.00-664.00642.00
Free Cash Flow1,154.002,035.00497.001,189.00-199.00782.00
Price to Free Cash Flow719.12-----

Revenue breakdown

Fractionation and Isomerization2024: 371.00M 2025: 354.00M
Midstream Services: Transportation2024: 4.14B 2025: 4.55B
Natural Gas Processing and Fractionation2024: 1.35B 2025: 1.26B
Sales of Crude Oil2024: 20.39B 2025: 19.56B
Sales of NGLs and Related Products2024: 17.40B 2025: 14.42B
Sales of Natural Gas2024: 1.46B 2025: 2.36B
Sales of Petrochemical and Refined Products2024: 10.01B 2025: 9.01B
Storage and Terminals2024: 1.10B 2025: 1.09B
United States2024: 56.22B 2025: 52.60B
NGL Pipelines and Services2024: 20.28B 2025: 17.32B
Onshore Crude Oil Pipelines and Services2024: 21.58B 2025: 20.76B
Onshore Natural Gas Pipelines and Services2024: 3.00B 2025: 4.17B
Petrochemical and Refined Products Services2024: 11.36B 2025: 10.35B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.19%17.1M1436.9M3.25M
2026-10-151.29%18.6M1436.9M3.20M
2026-09-301.21%17.4M1436.9M2.99M
2026-09-151.25%17.9M1436.9M2.94M
2026-08-311.60%23.0M1438.2M2.91M
2026-08-141.35%19.5M1438.2M3.20M
2026-07-311.19%17.2M1442.0M3.40M
2026-07-151.22%17.5M1441.6M3.73M
2026-06-301.35%19.5M1441.7M4.13M
2026-06-151.14%16.5M1441.7M4.22M
2026-05-291.20%17.3M1441.1M4.56M
2026-05-151.34%19.3M1441.1M4.48M
2026-04-301.14%16.4M1443.5M4.91M
2026-04-151.17%16.9M1442.4M4.80M
2026-03-311.30%18.8M1442.9M4.70M
2026-03-131.21%17.4M1442.9M4.47M
2026-02-271.48%21.4M1442.9M4.29M
2026-02-131.50%21.6M1443.9M4.32M
2026-01-301.64%23.7M1446.0M3.93M
2026-01-151.73%25.0M1446.0M3.83M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call25.000.000.0012.05-22.000.00---
call26.000.000.0011.15-22.000.00---
call27.000.000.009.95-4.000.00---
call28.000.000.008.79-3.000.00---
call29.000.000.007.87-3.000.00---
call30.000.000.006.95-2.000.00---
call31.000.000.000.00-0.000.00---
call32.000.000.004.99-2.000.00---
call33.000.000.003.99-3.000.00---
call33.500.000.003.50-2.000.00---
call34.000.000.003.00-4.000.00---
call34.500.000.002.47-3.000.00---
call35.000.000.001.97-5.000.00---
call35.500.000.001.54-1.000.00---
call36.000.000.001.11-22.000.00---
call36.500.000.000.76-14.000.00---
call37.000.000.000.40-1090.00---
call37.500.000.000.16-1880.00---
call38.000.000.000.04-9090.00---
call38.500.000.000.03-70.000.00---
call39.000.000.000.01-53.000.00---
call39.500.000.000.08-19.000.00---
call40.000.000.000.04-63.000.00---
call40.500.000.000.08-1.000.00---
call41.000.000.000.02-1.000.00---
call41.500.000.000.00-0.000.00---
call42.000.000.000.00-0.000.00---
call42.500.000.000.00-0.000.00---
call43.000.000.000.00-0.000.00---
call44.000.000.000.00-0.000.00---
call45.000.000.000.00-0.000.00---
call46.000.000.000.00-0.000.00---
call47.000.000.000.00-0.000.00---
call48.000.000.000.00-0.000.00---
put25.000.000.000.00-0.000.00---
put26.000.000.000.00-0.000.00---
put27.000.000.000.00-0.000.00---
put28.000.000.000.00-0.000.00---
put29.000.000.000.03-1.000.00---
put30.000.000.000.02-4.000.00---
put31.000.000.000.02-5.000.00---
put32.000.000.000.08-9.000.00---
put33.000.000.000.08-2.000.00---
put33.500.000.000.04-3.000.00---
put34.000.000.000.07-9.000.00---
put34.500.000.000.06-1.000.00---
put35.000.000.000.01-75.000.00---
put35.500.000.000.05-26.000.00---
put36.000.000.000.08-2640.00---
put36.500.000.000.17-1930.00---
put37.000.000.000.20-2310.00---
put37.500.000.000.54-23.000.00---
put38.000.000.000.95-38.000.00---
put38.500.000.001.40-5.000.00---
put39.000.000.002.22-1.000.00---
put39.500.000.000.00-0.000.00---
put40.000.000.000.00-0.000.00---
put40.500.000.000.00-0.000.00---
put41.000.000.000.00-0.000.00---
put41.500.000.000.00-0.000.00---
put42.000.000.005.09-0.000.00---
put42.500.000.005.52-0.000.00---
put43.000.000.006.15-0.000.00---
put44.000.000.007.08-0.000.00---
put45.000.000.000.00-0.000.00---
put46.000.000.000.00-0.000.00---
put47.000.000.000.00-0.000.00---
put48.000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-09424B5SEC
2026-11-05FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-05424B3SEC
2026-11-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-02SCHEDULE 13D/ASEC
2026-09-23SDSpecialized Disclosure ReportSEC
2026-09-01EFFECTEffectiveness filing by commission orderSEC
2026-08-21S-3Registration statement for specified transactions by certain issuers including face-amount certificate companiesSEC
2026-08-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-07-018-KCurrent report2026-07-01SEC
2026-05-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-288-KCurrent report2026-04-28SEC
2026-03-278-KCurrent report2026-03-27SEC
2026-03-234Statement of changes in beneficial ownership of securities2026-03-20SEC
2026-02-2710-KAnnual report pursuant to Section 13 or 15(d)2025-12-31SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-184Statement of changes in beneficial ownership of securities2026-02-16SEC
2026-02-104Statement of changes in beneficial ownership of securities2026-02-10SEC
2026-02-104Statement of changes in beneficial ownership of securities2026-02-10SEC
2026-02-104Statement of changes in beneficial ownership of securities2026-02-10SEC
2026-02-104Statement of changes in beneficial ownership of securities2026-02-10SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-03100.07K100
2026-020000
2026-010000
2025-12481.33K100
2025-110000

Institutional holders

Manager% owned
ALPS ADVISORS INC2.16%
Invesco Ltd.1.23%
Blackstone Inc.1.10%
MORGAN STANLEY1.03%
TORTOISE CAPITAL ADVISORS, L.L.C.0.86%
GOLDMAN SACHS GROUP INC0.81%
FAYEZ SAROFIM & CO0.74%
Energy Income Partners, LLC0.64%
Neuberger Berman Group LLC0.63%
KAYNE ANDERSON CAPITAL ADVISORS LP0.59%

Funds

Fund% owned
Alerian MLP ETF2.02%
Bond Fund1.94%
Invesco SteelPath MLP Income Fund0.84%
PIMCO Dynamic Income Strategy Fund0.68%
Baird Core Plus Bond Fund0.67%
Blackstone Alternative Multi-Strategy Fund0.53%
KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND, INC0.47%
Diversified Bond Fund0.45%
First Trust North American Energy Infrastructure Fund0.44%
Global X MLP ETF0.38%

OakChart. EPD. Cached 15 minutes.