Enterprise Products Q4 revenue beats analyst expectations on record volumes

Overview

• Midstream energy provider's Q4 revenue beat analyst expectations

• Adjusted EBITDA for Q4 beat analyst expectations

• Company repurchased $50 mln of common units in Q4

Outlook

• Enterprise expects organic growth capital investments of $1.9 bln to $2.3 bln in 2026

• Company forecasts strong natural gas and NGL production growth in Permian Basin

• Enterprise plans to expand LPG export capacity by end of 2026

Result Drivers

• RECORD VOLUMES - Enterprise achieved record natural gas processing and NGL fractionation volumes in Q4 2025, contributing to increased gross operating margin

• BAHIA PIPELINE - The start of operations for the Bahia NGL Pipeline increased NGL takeaway capacity from the Permian Basin, enhancing infrastructure capabilities

• ASSET ACQUISITION - Acquisition of midstream assets from Occidental in 2025 provided additional growth projects, supporting further investment opportunities

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the oil & gas transportation services peer group is "buy"

• Wall Street's median 12-month price target for Enterprise Products Partners LP is $35.50, about 7.3% above its February 2 closing price of $33.10

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw26mSXVa

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