Enterprise Products Partners LP
EPD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| S> | LOCK|L> | LOCK|@@Q>Hx?K |
Enterprise Products Partners Earnings: Weaker Commodity Prices Weigh on Results
Enterprise's quarterly EBITDA of $2.4 billion slightly missed consensus as volume growth was offset by lower margins on commodity price exposed operations, along with lower dock fees. The buyback authorization was increased to $5 billion from $2 billion.
