Enterprise Enterprise Value over EBIT from 2010 to 2024
| EPD Stock | USD 28.16 0.06 0.21% |
Check Enterprise Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enterprise main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 B, Interest Expense of 696.1 M or Selling General Administrative of 148.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0788 or PTB Ratio of 1.96. Enterprise financial statements analysis is a perfect complement when working with Enterprise Products Valuation or Volatility modules.
Enterprise | Enterprise Value over EBIT |
About Enterprise Products Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Enterprise Products income statement, its balance sheet, and the statement of cash flows. Enterprise Products investors use historical funamental indicators, such as Enterprise Products's Enterprise Value over EBIT, to determine how well the company is positioned to perform in the future. Although Enterprise Products investors may use each financial statement separately, they are all related. The changes in Enterprise Products's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enterprise Products's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enterprise Products Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enterprise Products. Please read more on our technical analysis and fundamental analysis pages.
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.
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
| 0.94 | AM | Antero Midstream Partners | PairCorr |
| 0.96 | ET | Energy Transfer LP Financial Report 7th of May 2024 | PairCorr |
Moving against Enterprise Stock
| 0.7 | TK | Teekay | PairCorr |
| 0.7 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
| 0.5 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
| 0.48 | PBT | Permian Basin Royalty | PairCorr |
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.Check out the analysis of Enterprise Products Correlation against competitors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Enterprise Stock analysis
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 0.042 | Dividend Share 2.03 | Earnings Share 2.55 | Revenue Per Share 23.961 | Quarterly Revenue Growth 0.186 |
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.