Weak natural gas prices not slowing Permian producers, Enterprise Products says [Seeking Alpha]
Enterprise Products Partners L.P. (EPD)
Last enterprise products partners l.p. earnings: 4/29 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
enterpriseproducts.com/investors
Company Research
Source: Seeking Alpha
stronger ethane recovery and driving record volumes of natural gas liquids, Enterprise Products Partners ( NYSE: EPD ) executives said April 30, according to S&P Global Insights "Essentially, you've seen no effect from the weak natural gas prices," VP Anthony Chovanec said on Enterprise's ( EPD earnings conference call . "What we've seen in natural gas prices is not going to cause people to shut in or even throttle back oil-related natural gas at this point." "We're seeing record transport volumes," VP Michael Hanley said on the call, S&P Global Insights reported; Enterprise's ( EPD ) NGLs pipeline transport volumes rose ~5% Y/Y to 4.15M bbl/day, and natural gas transport volumes increased 3% to 18.6T Btu/day. The Permian Basin ethane frac spread jumped to more than $0.30/gal in the week to April 19 from less than $0.20/gal at the start of the month because of weak gas prices, S&P Global analysts said. Recommended For You More Trending News
Show less
Read more
Impact Snapshot
Event Time:
EPD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EPD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EPD alerts
High impacting Enterprise Products Partners L.P. news events
Weekly update
A roundup of the hottest topics
EPD
News
- Enterprise Products Partners L.P. (NYSE: EPD) had its price target lowered by analysts at JPMorgan Chase & Co. from $33.00 to $32.00. They now have an "overweight" rating on the stock.MarketBeat
- Closing prices for crude oil, gold and other commodities [Yahoo! Finance]Yahoo! Finance
- May Homebuilder Confidence Posts First Decline Since November 2023 [Yahoo! Finance]Yahoo! Finance
- Equity Markets Rise Intraday as Consumer Inflation Cools [Yahoo! Finance]Yahoo! Finance
- End of Day Message [Yahoo! Finance]Yahoo! Finance
EPD
Earnings
- 4/30/24 - Beat
EPD
Sec Filings
- 5/9/24 - Form 10-Q
- 5/3/24 - Form 4
- 4/30/24 - Form 8-K
- EPD's page on the SEC website