Enterprise Products Partners is advancing $6.5 billion in major capital projects that are expected to support long-term earnings and cash flow growth. The projects include new gas-processing plants in the Permian Basin, the Bahia pipeline expansion, Fractionator 15, and the Enterprise Hydrocarbons Terminal LPG expansion, with most expected to enter service between 2026 and 2028. The partnership's contracted business model, with 90% of long-term contracts carrying escalation provisions, provides stable fee-based revenues and predictable cash flows. Enterprise Products units have gained 28.3% over the past year, and the stock trades at a trailing EV/EBITDA of 10.98X, below the industry average of 11.27X. The Zacks Consensus Estimate for 2026 earnings has been revised upward over the past seven days, and EPD currently carries a Zacks Rank #3 (Hold).
Kinder Morgan Inc
Williams Companies IncEnterprise Products Partners LP$6.5 billion project backlog and upward earnings revisions support growth.
