EPD Intrinsic Value Calculator – ENTERPRISE PRODUCTS PARTNERS L.P Reports Positive Financial Results for Q2 FY2023
August 27, 2023
☀️Earnings Overview
Enterprise Products Partners ($NYSE:EPD) L.P released their second quarter FY2023 financial results on June 30, 2023, which showed total revenue of USD 10.7 billion, a decrease of 33.7% compared to the same quarter the previous year. Net income for the period was also down 11.3%, coming in at USD 1.2 billion.
Share Price
EPP stock opened at $26.2 and closed at $26.7, showing a modest increase of 0.7% from the last closing price of $26.5. With second quarter results now in and a strong outlook for the rest of the year, EPP appears to be well-positioned to continue providing strong returns for its shareholders in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for EPD. More…
| Total Revenues | Net Income | Net Margin |
| 52.21k | 5.4k | 10.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for EPD. More…
| Operations | Investing | Financing |
| 7.26k | 316 | -868 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for EPD. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 67.33k | 39.47k | 12.32 |
Key Ratios Snapshot
Some of the financial key ratios for EPD are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.4% | 6.0% | 13.1% |
| FCF Margin | ROE | ROA |
| 11.5% | 16.0% | 6.4% |
Analysis – EPD Intrinsic Value Calculator
GoodWhale recently conducted an analysis of ENTERPRISE PRODUCTS PARTNERS L.P’s fundamentals. Our proprietary Valuation Line calculated the fair value of ENTERPRISE PRODUCTS PARTNERS L.P share to be around $29.4. However, the stock is currently trading at $26.7, which is 9.3% lower than its fair value. This indicates that the ENTERPRISE PRODUCTS PARTNERS L.P stock is currently undervalued. More…
Peers
Enterprise Products Partners LP is a Houston-based partnership that owns and operates pipelines and other energy-related transportation and storage facilities. The company’s main competitors are Energy Transfer LP, Enbridge Inc, and Kinder Morgan Inc. All three companies are based in North America and are involved in the transportation and storage of oil and natural gas.
– Energy Transfer LP ($NYSE:ET)
Energy Transfer LP is a publicly traded partnership that owns and operates energy infrastructure assets in the United States. The company’s assets include natural gas pipelines, natural gas storage facilities, and crude oil pipelines. Energy Transfer LP is headquartered in Dallas, Texas.
– Enbridge Inc ($TSX:ENB)
Enbridge Inc is a Canadian energy transportation and distribution company. It has a market capitalization of $103.97 billion as of 2022 and a return on equity of 9.87%. The company operates in the oil and gas industry and owns and operates a network of pipelines that transport crude oil, natural gas, and refined products in Canada and the United States. Enbridge also owns and operates a fleet of oil tankers and gas storage facilities.
– Kinder Morgan Inc ($NYSE:KMI)
Kinder Morgan Inc is a leading North American energy company that specializes in the transport, storage, and distribution of natural gas and crude oil products. The company has a market capitalization of $40.72 billion as of 2022 and a return on equity of 7.82%. Kinder Morgan is one of the largest energy infrastructure companies in North America, with a network of approximately 84,000 miles of pipelines and 160 terminals. The company’s pipelines transport natural gas, crude oil, refined products, and CO2, while its terminals store and handle petroleum products, chemicals, and other bulk materials.
Summary
Investors may want to keep a close eye on ENTERPRISE PRODUCTS PARTNERS L.P, as their financial results for the second quarter of FY2023 showed a decline in total revenue and net income when compared to the previous year. Total revenue dropped by 33.7% from the same period in the prior year and net income decreased by 11.3%. Investors should be cautious when considering investing in this company, as these financial figures may indicate potential long-term issues. It is best for investors to conduct further research into the company’s financials before making any decisions.
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