Enterprise Products Partners L.P. Common Stock (EPD)
33.04
+0.05 (0.15%)
Enterprise Products Partners is a leading provider of midstream energy services focused on the transportation, storage, and processing of natural gas, natural gas liquids, crude oil, and petrochemicals
The company operates an extensive network of pipelines and facilities that connect producers to consumers, facilitating the efficient movement of energy resources. With a commitment to sustainability and safety, it offers a wide range of logistical and supply chain solutions while also engaging in the processing and fractionation of hydrocarbons. Enterprise Products Partners plays a crucial role in supporting the energy market and fostering the development of energy infrastructure.
The energy pipeline operator’s net income rose to $1.62 billion, or $0.74 per share, for the three months ended Dec. 31, compared with $1.57 billion, or $0.72 per share, in the year-ago quarter.
EPD reported Q4 2024 sales decline of 2.9% YoY to $14.201B, beating consensus. Adjusted EBITDA rose to $2.59B and EPS was 74 cents. 2025 outlook includes $4-4.5B in organic growth investments and $525M in sustaining expenses.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
