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[SITUATION] · [ACTIVE]

2 clusters · 3 sources · 17 days · First seen 18 days ago · Last updated 1 day ago

Categories: BUSINESS

Enterprise Products Partners earnings dip

Entities: Royal Bank of Canada · Stifel Nicolaus · Enterprise Products Partners · Goldman Sachs Group · TD Cowen

Overview

Enterprise Products Partners announced that it will release its second‑quarter 2026 earnings on July 30. The preview highlighted the company's prior quarter results – adjusted EBITDA of $2.7 billion and adjusted cash flow from operations of $2.3 billion, each up 10% year‑over‑year – and noted a 2.8% increase in its second‑quarter distribution. Recent operational milestones were the commercial start‑up of the Mentone West 2 gas processing plant in February and the completion of phase 2 of the Neches River Terminal flex project.

Following the earnings preview, the stock fell about 1.5%, reaching a low of $38.07 before closing at $38.15. Analysts maintained a consensus “hold” rating with an average price target of $39.93, while some raised targets (Stifel Nicolaus to $42, RBC to $42) and others kept them unchanged (TD Cowen $38, Goldman Sachs $38). The company's latest earnings released on April 27 showed EPS of $0.68, missing the consensus estimate of $0.71, with revenue of $14.39 billion, a net margin of 11.45% and a return on equity of 19.53%.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[○ 1 SOURCE] Enterprise Products Partners will announce its second‑quarter earnings on July 30 before the market opens.
[○ 1 SOURCE] In the first quarter, Enterprise Products Partners' adjusted EBITDA was $2.7 billion, a 10% increase year‑over‑year.
[○ 1 SOURCE] Enterprise Products Partners' adjusted cash flow from operations was $2.3 billion in Q1, a 10% increase year‑over‑year.
[○ 1 SOURCE] Enterprise Products Partners increased its second‑quarter distribution by 2.8% compared with the prior year.
[○ 1 SOURCE] Enterprise Products Partners' Mentone West 2 gas processing plant entered commercial service in February.
[○ 1 SOURCE] Enterprise Products Partners' share price fell 1.5% on Monday, reaching a low of $38.07 and closing at $38.145.
[○ 1 SOURCE] Analysts have an average price target of $39.93 for Enterprise Products Partners stock.
[○ 1 SOURCE] Enterprise Products Partners reported earnings per share of $0.68 for the quarter, missing the consensus estimate of $0.71.

Timeline

1 day ago

[BUSINESS] 3 sources
Enterprise Products Partners earnings preview and share dip attract analyst focus
Enterprise Products Partners will announce Q2 results on July 30; its stock dropped 1.5% Monday, and analysts hold an average $39.93 price target after a Q1 EPS miss.
18 days ago

[BUSINESS] 2 sources
Enterprise Financial Services Corp Schedules Q2 2026 Earnings Release for July 22
Enterprise Financial Services Corp will release Q2 2026 earnings on July 22 and host a conference call on July 23, detailing its $17.2 billion asset portfolio and nationwide banking operations.

Sources

mommygearest.com · otravel.com · stocknews.com