Back to top

Image: Bigstock

Enterprise Products Well-Positioned to Withstand Inflation Pressures

Read MoreHide Full Article

Key Takeaways

  • Enterprise Products secures stable, fee-based income through long-term, inflation-protected contracts.
  • EPD's 50,000 miles of pipelines and 300M barrels of storage are booked to move and store energy products.
  • EPD plans to lift cash flow from projects like Athena and Mentone West 2 by 2026.

Enterprise Products Partners L.P. (EPD - Free Report) secures stable, fee-based income through long-term contracts with shippers who book its diverse midstream assets capacity, ensuring predictable cash flow. The midstream assets comprise above 50,000 miles of pipeline network and more than 300 million barrels of liquids storage properties. Space in these facilities is booked for storing and transporting oil, natural gas and energy products between producers and consumers.

These long-term contracts are inflation-protected, allowing the midstream player to raise fees to offset inflation-led higher costs and bring stability in its business model while generating predictable cash flow.

EPD expects to increase its predictable cash flow from key growth projects worth billions. Athena and Mentone West 2 are among the projects expected to be operational by the end of 2026.

With an inflation-resilient business model and additional cash flows expected from its project pipeline, EPD stands out as an attractive option for income investors.

KMI & WMB Have Stable Business Models Like EPD

Two other midstream players are Kinder Morgan Inc. (KMI - Free Report) and The Williams Companies, Inc. (WMB - Free Report) . KMI and WMB also generate stable, fee-based revenues by utilizing their assets under long-term contracts with shippers. KMI and WMB expect to increase their predictable cash flows through expansion projects, thereby bringing stability to their business models.

EPD’s Price Performance, Valuation & Estimates

Shares of Enterprise Products have gained 0.7% over the past year against the 1.1% decline registered by the composite stocks belonging to the industry.

 

Zacks Investment Research Image Source: Zacks Investment Research

 

From a valuation standpoint, EPD trades at a trailing 12-month enterprise-value-to-EBITDA (EV/EBITDA) of 10. 49X, below the broader industry average of 12.31X.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

The Zacks Consensus Estimate for EPD’s 2025 earnings has been unchanged over the past seven days.

 

Zacks Investment Research
Image Source: Zacks Investment Research

 

Enterprise Products currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Williams Companies, Inc. (The) (WMB) - free report >>

Enterprise Products Partners L.P. (EPD) - free report >>

Kinder Morgan, Inc. (KMI) - free report >>

Published in