Enterprise Products Partners (NASDAQ: ETR) Stock on most active line

Enterprise Products Partners day trading at USD 97.9 per share, then rallying to 97.98 and closing at USD 95 per share. A net loss of -2.96% for the day. Long term pricing analysis shows the stock trading at 27.71% lower than it’s 52week high and -26.29% higher than the 52week low. The share volume traded for the day was 1,698K which was 0 times the 50 Day Average Volume.

Enterprise Products Partners had a market cap of 41,573,920K as of 23rd June 2020. The Earnings Per Share (EPS) for Q4 2019 is $2.12.

Enterprise Products Partners is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. It acquired GulfTerra in September 2004. The company ranked No. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

Financial Results

Enterprise Products Partners Reports First Quarter Of Fiscal 2020.

  • Enterprise reported net income attributable to limited partners of $1.4 billion, or $0.61 per unit on a fully diluted basis, for the first quarter of 2020 compared to $1.3 billion, or $0.57 per unit on a fully diluted basis, for the first quarter of 2019.
  • Net income for the first quarter of 2020 included an aggregate $187 million, or $0.08 per unit, of deferred income tax benefits associated with the settlement on March 5, 2020, of the Liquidity Option Agreement and the subsequent accounting for the related deferred tax liability.
  • Net cash flow provided by operating activities, or cash flow from operations (“CFFO”), was $2.0 billion for the first quarter of 2020 compared to $1.2 billion for the first quarter of 2019.
  • Distributions declared with respect to the first quarter of 2020 increased by 1.7 percent to $0.445 per unit, or $1.78 per unit annualized, compared to the first quarter of 2019.
  • Distributable Cash Flow (“DCF”) was $1.6 billion for the first quarters of both 2020 and 2019.

Enterprise Products Partners (23rd June 2020): The Institutional Ownership as of today stood at 35.52% and the Total Value of Holdings (millions) is $ 15,053

New Institutional Holders and other activity – As of today, the total number of shares held is, 776,309,961 by 1,207 institutional holders.

LATEST NEWS:

22-June-2020:- Zimmer Partners LP Sells 1,057,346 Shares of Enterprise Products Partners L.P. (NYSE: EPD)

Zimmer Partners LP trimmed its holdings in shares of Enterprise Products Partners L.P. (NYSE: EPD) by 23.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,484,904 shares of the oil and gas producer’s stock after selling 1,057,346 shares during the period.

22-June-2020:- Mercer Global Advisors Inc. ADV Has $5.76 Million Stock Holdings in Enterprise Products Partners L.P. (NYSE: EPD)

Mercer Global Advisors Inc. ADV raised its stake in shares of Enterprise Products Partners L.P. (NYSE: EPD) by 41.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 402,852 shares of the oil and gas producer’s stock after purchasing an additional 118,633 shares during the period.

20-June-2020:- Enterprise Products Partners L.P. (NYSE: EPD) Shares Sold by CNH Partners LLC

CNH Partners LLC lessened its position in shares of Enterprise Products Partners L.P. (NYSE: EPD) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,025 shares of the oil and gas producer’s stock after selling 1,975 shares during the quarter.

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