19.80 +0.12 (0.61%)
After hours: 7:51PM EDT
|Bid||19.55 x 1200|
|Ask||19.80 x 1000|
|Day's range||19.34 - 19.69|
|52-week range||10.27 - 30.87|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||9.26|
|Earnings date||29 Jul 2020|
|Forward dividend & yield||1.78 (9.24%)|
|Ex-dividend date||29 Apr 2020|
|1y target est||24.23|
Wish you'd loaded up on bargain-priced stocks after March's stock market crash? Although cheap stocks nearly always involve a bit of risk, three top stocks trading for less than $20/share right now include Enterprise Products Partners (NYSE: EPD), Upwork (NASDAQ: UPWK), and Clean Energy Fuels (NASDAQ: CLNE). Midstream master limited partnership (MLP) Enterprise Products Partners operates pipelines and storage terminals that move crude oil, natural gas, and refined products around the country.
Oil prices have gone on a wild ride this year, taking most oil stocks with them. Crude, however, seems to have found its bottom and has recovered quite a bit of ground over the past month. That's leading many investors to consider buying oil stocks for the next leg of the rebound.
As the world gets back to work, and economic activity picks up, the demand for oil and gas should slowly rise. Three such companies are Enterprise Products Partners (NYSE: EPD), Enbridge (NYSE: ENB), and Kinder Morgan (NYSE: KMI). Let's look at how these three oil and gas stocks offer an opportunity to capture an incredibly attractive dividend yield compared to that offered a few months ago.
Oil stocks, on the other hand, continue to lag. The Energy Select Sector SPDR ETF (NYSEMKT: XLE), representing the oil and gas stocks in the S&P 500, is down more than 36%. For many investors, this points sharply at Big Oil -- the biggest companies in the oil patch -- as being great investments as one of the few sectors that is still well below 2020 highs.
Units of Enterprise Products Partners (NYSE: EPD) have been excruciatingly volatile this year. Enterprise Products Partners' earnings and cash flow both slipped by low-single-digit rates during the first quarter as it felt some impact from all the volatility in the oil market.
Enterprise Products Partners L.P. ("Enterprise") (NYSE: EPD) today announced its financial results for the three months ended March 31, 2020.
Official U.S. government data shows that storage at the key crude oil hub in Cushing, Oklahoma, was just 70% full as of mid-April. Traders say that is bunk - because whatever is left is spoken for by firms sending oil to the hub right now. Oil prices have crashed this year, with the current U.S. contract falling into negative territory, due to millions of barrels of supply around the globe hitting markets at a time when the coronavirus pandemic means people are not flying on planes or driving in cars.
Enterprise Products Partners L.P. (NYSE: EPD) ("Enterprise") today announced that the board of directors of its general partner declared the quarterly cash distribution to be paid to our limited partners with respect to the first quarter of 2020 of $0.445 per common unit, or $1.78 per unit on an annualized basis.
Enterprise Products Partners L.P. (NYSE: EPD) announced today it will host investor meetings at the Barclays Investment Grade Energy & Pipeline Corporate Days Wednesday, March 4 and Thursday, March 5, 2020 in New York City.
HOUSTON , Dec. 9, 2019 /CNW/ - Enbridge Inc. (ENB)(ENB) (Enbridge) and Enterprise Products Partners L.P. (EPD) (Enterprise) announced today they have agreed to jointly develop and market a deep-water offshore crude oil export terminal capable of fully loading Very Large Crude Carriers (VLCCs). Under the terms of the Letter of Intent (LOI), Enbridge and Enterprise will work to finalize an equity participation agreement (Agreement). The Agreement would allow Enbridge an option to purchase an ownership interest in Enterprise's Sea Port Oil Terminal (SPOT), subject to SPOT receiving a deep-water port license.