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Wednesday, March 22, 2023

There Is A Quest For Clarity Surrounding Enterprise Products Partners L.P. (NYSE: EPD) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Enterprise Products Partners L.P. (EPD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 0.12%, to $25.20. The Enterprise Products Partners L.P. has recorded 37,341 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Enterprise Products Partners L.P. 2022 Form 10-K and 2022 Annual Investor Letter Now Available.

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Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $25.17 and fluctuated between $25.84 as its day high and $24.79 as its day low. The current market capitalization of Enterprise Products Partners L.P. is $55.09B. A total of 8.74 million shares were traded on the day, compared to an average of 4.68M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, EPD has seen 42 BUY and 33 SELL insider trades, representing the acquisition of 1,555,567 and the disposition of 595,060 shares. Over the last 12 months, there were 46 BUYs and 33 SELLs from insiders. Insiders purchased 1,601,117 shares during that period but sold 595,060.

In the most recent transaction, BARTH CARIN MARCY bought 5,000 shares of EPD for 23.99 per share on Dec 27. After the transaction, the Director now owns 75,776 company shares. In a previous transaction on Dec 27, TEAGUE AJ bought 3,650 shares at 24.09 per share. EPD shares that Co-Chief Executive Officer owns now total 2,337,775.

Among the insiders who bought shares, TEAGUE AJ acquired of 21,150 shares on Dec 20 at a per-share price of $23.60. This resulted in the Co-Chief Executive Officer holding 2,335,225 shares of EPD after the transaction. In another insider transaction, Rutherford John R bought 10,000 shares at $24.88 per share on Nov 23. Company shares held by the Director now total 123,941.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Enterprise Products Partners L.P. pays an annual dividend of $1.96, resulting in a dividend yield of 7.79%, and it has a price to earnings (P/E) ratio of 10.17. EPD’s most recent ex-dividend date was 1/30/2023 when it declared a $0.49 quarterly dividend that was paid in cash on 2/14/2023. Previously, the company paid the dividend on 11/14/2022 with an ex-dividend date of 10/28/2022. The EPD stock dividend was $0.4750 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for EPD in the last 3 months, the mean price target is $31.73 with high estimates of $37.00 and low estimates of $28.00. In terms of 52-week highs and lows, EPD has a high of $28.65 and a low of $22.90.

As of this writing, EPD has an earnings estimate of $0.61 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.63 per share and a lower estimate of $0.59.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 26 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EPD is Sell with a score of 4.67. A total of 18 analysts rated the stock as Buy while 3 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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