Graham Bacon - Enterprise Products President

EPD Stock  USD 28.44  0.05  0.18%   

President

Mr. Graham W. Bacon is Executive Vice President Operations and Engineering of the Company. He elected Executive Vice President of Enterprise GP in October 2015. He previously served as Group Senior Vice President from February 2014 to October 2015 as Senior Vice President from January 2012 to February 2014 as Vice President from June 2006 to January 2012, and as Vice President from September 2005 to May 2006. He joined Enterprise in 1991 and has held a variety of operations and engineering roles. Prior to joining Enterprise, Mr. Bacon worked for Vista Chemical Company. since 2019.
Age 60
Tenure 5 years
Address 1100 Louisiana Street, Houston, TX, United States, 77002
Phone713 381 6500
Webhttps://www.enterpriseproducts.com
Bacon was elected an Executive Vice President of Enterprise GP in October 2015. He previously served as a Group Senior Vice President from February 2014 to October 2015; as Senior Vice President from January 2012 to February 2014; as Vice President from June 2006 to January 2012, and as Vice President from September 2005 to May 2006. He joined Enterprise in 1991 and has held a variety of operations and engineering roles. Prior to joining Enterprise, Mr. Bacon worked for Vista Chemical Company. He holds a Bachelor degree in Chemical Engineering from Texas A&M University and a Master degree in Business Administration from Oklahoma City University.

Enterprise Products Management Efficiency

The company has Return on Asset of 0.0583 % which means that on every $100 spent on assets, it made $0.0583 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2 %, implying that it generated $0.2 on every 100 dollars invested. Enterprise Products' management efficiency ratios could be used to measure how well Enterprise Products manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.05. In addition to that, Return On Capital Employed is expected to decline to 0.1. At present, Enterprise Products' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 43.3 B, whereas Non Current Assets Total are forecasted to decline to about 30.6 B.
The company has 29.07 B in debt with debt to equity (D/E) ratio of 1.08, which is OK given its current industry classification. Enterprise Products has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enterprise Products until it has trouble settling it off, either with new capital or with free cash flow. So, Enterprise Products' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enterprise Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enterprise to invest in growth at high rates of return. When we think about Enterprise Products' use of debt, we should always consider it together with cash and equity.

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Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids , crude oil, petrochemicals, and refined products. The company was founded in 1968 and is headquartered in Houston, Texas. Enterprise Products operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. Enterprise Products Partners (EPD) is traded on New York Stock Exchange in USA. It is located in 1100 Louisiana Street, Houston, TX, United States, 77002 and employs 44 people. Enterprise Products is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Enterprise Products Leadership Team

Elected by the shareholders, the Enterprise Products' board of directors comprises two types of representatives: Enterprise Products inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enterprise. The board's role is to monitor Enterprise Products' management team and ensure that shareholders' interests are well served. Enterprise Products' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enterprise Products' outside directors are responsible for providing unbiased perspectives on the board's policies.
Graham Bacon, Group Senior Vice President - Operations and Environmental, Health, Safety & Training
W Fowler, Co-Chief Executive Officer, Chief Financial Officer, Director of the General Partner
Harry Weitzel, Executive Vice President, General Counsel, Secretary, Director of the General Partner
A Teague, Co-Chief Executive Officer, Director of the General Partner
Richard Bachmann, Non-Executive Vice Chairman of the Board of the General Partner
Natalie Gayden, Senior Vice President - Natural Gas
Bryan Bulawa, Senior Vice President Treasurer of the General Partner
Karen Taylor, Senior LLC
Zachary Strait, Senior NGLs
James Teague, CEO of Enterprise Products Holdings LLC and Director of Enterprise Products Holdings LLC
Randa Williams, Non-Executive Chairman of the Board of the General Partner
R Boss, Executive Vice President - Accounting, Risk Control and Information Technology of the General Partner
Franz Flach, Director
Paul Flynn, VP LLC
James Hackett, Non-Executive Independent Director of the General Partner
Charles McMahen, Independent Director of the General Partner
Randall Fowler, President of of Enterprise Products Holdings LLC and Director of Enterprise Products Holdings LLC
Michael Hanley, Senior Vice President - Pipelines and Terminals
Murray Brasseux, Independent Director of the General Partner
Daniel Boss, Senior Vice President
Christopher DAnna, Senior Petrochemicals
Michael Smith, Group Senior Vice President
Thurmon Andress, Independent Director of the General Partner
John Burkhalter, Vice Relations
Brent Secrest, Executive Vice President, Chief Commercial Officer of the General Partner
James Bany, Senior Terminals
G Cardillo, Group Senior Vice President
Christian Nelly, Executive Vice President – Finance and Sustainability and Treasurer of the General Partner
Richard Snell, Independent Director of the General Partner
Robert Sanders, Executive Vice President - Asset Optimization of the General Partner
William Ordemann, Executive VP of Commercial - Enterprise Products Holdings LLC
Robert Moss, Senior Vice President - Houston Region Operations
Michael Hanson, Principal Accounting Officer, Vice President of the General Partner
William Barnett, Independent Director of the General Partner
Angie Murray, Senior Operations
Richard Boss, Risk Accounting
Michael Knesek, Senior Vice President Principal Accounting Officer, Controller of the General Partner
William Montgomery, Independent Director of the General Partner
Anthony Chovanec, Executive Assessment
Michael Creel, CEO and Director of Enterprise Products Holdings LLC
Craig Murray, Group Senior Vice President General Counsel
Kevin Ramsey, Senior Vice President - Capital Projects
Carin Barth, Independent Director of the General Partner
John Rutherford, Independent Director of the General Partner

Enterprise Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Enterprise Products a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Enterprise Products Investors Sentiment

The influence of Enterprise Products' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Enterprise. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Enterprise Products' public news can be used to forecast risks associated with an investment in Enterprise. The trend in average sentiment can be used to explain how an investor holding Enterprise can time the market purely based on public headlines and social activities around Enterprise Products Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Enterprise Products' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enterprise Products' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Enterprise Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Enterprise Products.

Enterprise Products Implied Volatility

    
  35.64  
Enterprise Products' implied volatility exposes the market's sentiment of Enterprise Products Partners stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Enterprise Products' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Enterprise Products stock will not fluctuate a lot when Enterprise Products' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enterprise Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enterprise Products' short interest history, or implied volatility extrapolated from Enterprise Products options trading.

Pair Trading with Enterprise Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enterprise Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enterprise Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enterprise Stock

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The ability to find closely correlated positions to Enterprise Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enterprise Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enterprise Products Partners to buy it.
The correlation of Enterprise Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enterprise Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Enterprise Products' price analysis, check to measure Enterprise Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enterprise Products. If investors know Enterprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enterprise Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.096
Dividend Share
2.005
Earnings Share
2.52
Revenue Per Share
22.889
Quarterly Revenue Growth
0.071
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.