Enterprise Products Partners (NYSE:EPD) Receives Media Impact Score of 0.21
News headlines about Enterprise Products Partners (NYSE:EPD) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enterprise Products Partners earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the oil and gas producer an impact score of 47.0646029382487 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Stocks Trend Prediction: Synergy Pharmaceuticals Inc. (SGYP), Enterprise Products Partners LP (EPD) – Market Movers (financialqz.com)
- Sizzling Stock— Enterprise Products Partners LP (EPD) – usstockjournal (usstockjournal.com)
- Eye-Catching Stock – Enterprise Products Partners LP (EPD) – android media cell (androidmediacell.com)
- Stock in Focus— Enterprise Products Partners LP (EPD) – usstockjournal (usstockjournal.com)
- Stocks Trend Prediction: Enterprise Products Partners LP (EPD), The Home Depot, Inc. (HD) – Market Movers (financialqz.com)
Enterprise Products Partners (NYSE:EPD) traded down $0.72 during trading hours on Tuesday, hitting $28.30. The stock had a trading volume of 1,265,653 shares, compared to its average volume of 5,108,872. Enterprise Products Partners has a fifty-two week low of $23.59 and a fifty-two week high of $29.51. The company has a market capitalization of $62,360.00, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 3.87 and a beta of 0.90. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.48 and a current ratio of 0.71.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Wednesday, January 31st will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 6.01%. The ex-dividend date is Tuesday, January 30th. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.42. Enterprise Products Partners’s payout ratio is 152.25%.
A number of research firms have commented on EPD. Royal Bank of Canada restated a “buy” rating and set a $34.00 target price on shares of Enterprise Products Partners in a research note on Tuesday, January 16th. Jefferies Group reaffirmed a “buy” rating and set a $31.00 price objective on shares of Enterprise Products Partners in a report on Friday, January 12th. Bank of America started coverage on shares of Enterprise Products Partners in a report on Tuesday, January 9th. They set a “buy” rating for the company. Credit Suisse Group initiated coverage on shares of Enterprise Products Partners in a report on Thursday, January 4th. They set an “outperform” rating and a $31.00 price objective for the company. Finally, Tudor Pickering raised shares of Enterprise Products Partners from a “hold” rating to a “buy” rating in a report on Wednesday, December 13th. Three investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $30.99.
In other Enterprise Products Partners news, Director Carin Marcy Barth purchased 12,000 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were acquired at an average price of $25.00 per share, for a total transaction of $300,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Aj Teague purchased 11,300 shares of the company’s stock in a transaction dated Wednesday, December 27th. The shares were acquired at an average price of $26.47 per share, for a total transaction of $299,111.00. Following the purchase, the chief executive officer now directly owns 1,474,183 shares of the company’s stock, valued at approximately $39,021,624.01. The disclosure for this purchase can be found here. Insiders acquired 31,550 shares of company stock worth $799,256 in the last quarter. 37.50% of the stock is owned by insiders.
Enterprise Products Partners Company Profile
Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
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