ENTERPRISE PRODUCTS PARTNERS L.P.
boothcheck covers ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• The largest line on Enterprise's income statement is not a toll: crude oil sales are 37% of revenue and NGL sales another 27%, so most of the top line is molecules the partnership buys and resells, and the 13.4% operating margin has to be read against that rather than against a pure pipeline. • Net debt runs at 4.7 times operating profit while the 2026 spending plan was raised to 3.5 to 3.8 billion dollars, and the annual filing concedes that ⟦"Our actual construction, development and acquisit
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1,586 institutional managers reported holding EPD in 13F filings for the quarter ended 2026-03-31. Together they hold about 24% of the company; the top 10 hold 9%. 174 opened new positions that quarter. Held by Invesco, Morgan Stanley, Blackstone, among others. On the short side, 16.5M shares were sold short as of the 2026-06-15 count, about 0.8% of shares outstanding (7.7 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
EPD has cut its share count 0.8% over the past five years, spending $1.27B on repurchases. It pays no dividend. Cash returned over the past three years: $731.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at EPD over the trailing three years: 2023: 3 buys totaling $1.65M; 2024: 1 buy totaling $123k; 2025: 3 buys totaling $1.46M; 2026: 1 buy totaling $100k. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
EPD's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-10 | +0.2% | +3.0% |
| 2023-11-10 | -1.8% | +4.0% |
| 2024-02-29 | +1.0% | +2.2% |
| 2024-05-10 | -3.0% | +2.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
EPD's latest 8-K filings: 2026-07-30 (items 1.01, 2.02, 2.03, 9.01); 2026-07-01 (items 5.02, 9.01); 2026-04-28 (items 2.02, 9.01); 2026-03-27 (items 1.01, 2.03, 9.01); 2026-02-03 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.