Enterprise Products Partners (EPD) Receives Daily News Sentiment Rating of 0.19

News coverage about Enterprise Products Partners (NYSE:EPD) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Enterprise Products Partners earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 46.5803840208309 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s scoring:

Shares of Enterprise Products Partners (EPD) traded down $0.47 during trading hours on Wednesday, reaching $24.33. 4,737,404 shares of the company’s stock traded hands, compared to its average volume of 4,721,875. The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 0.96. Enterprise Products Partners has a 52-week low of $23.59 and a 52-week high of $30.25. The company has a market cap of $52,330.00, a PE ratio of 19.68, a PEG ratio of 3.75 and a beta of 0.91.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 31st were given a dividend of $0.4225 per share. The ex-dividend date was Monday, October 30th. This is a boost from Enterprise Products Partners’s previous quarterly dividend of $0.42. This represents a $1.69 annualized dividend and a yield of 6.95%. Enterprise Products Partners’s payout ratio is 152.25%.

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $30.00 price target on shares of Enterprise Products Partners in a report on Friday, August 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Enterprise Products Partners in a research note on Thursday, August 10th. BidaskClub lowered shares of Enterprise Products Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Royal Bank Of Canada reduced their target price on shares of Enterprise Products Partners from $34.00 to $31.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $33.00 target price on shares of Enterprise Products Partners in a research note on Tuesday, November 14th. Three analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $30.92.

In other news, CEO Aj Teague bought 8,250 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were bought at an average cost of $24.26 per share, with a total value of $200,145.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Carin Marcy Barth bought 12,000 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was purchased at an average cost of $25.00 per share, for a total transaction of $300,000.00. The disclosure for this purchase can be found here. Insiders own 37.50% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Enterprise Products Partners (EPD) Receives Daily News Sentiment Rating of 0.19” was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://www.chaffeybreeze.com/2017/12/06/enterprise-products-partners-epd-receives-daily-news-sentiment-rating-of-0-19.html.

About Enterprise Products Partners

Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company’s segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.

Insider Buying and Selling by Quarter for Enterprise Products Partners (NYSE:EPD)

Receive News & Ratings for Enterprise Products Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Products Partners L.P. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply