Jun. 10 at 11:12 AM
$EPD EPD units are trading close to their 52-week high of
$40.17, closing at
$37.81 on June 5. Over the past year, the EPD stock has gained 19.2%, outperforming the industry’s 17.9% growth. It generates stable, fee-based revenues backed by long-term contracts that provide predictable cash flows. Enterprise has a strong balance sheet with nearly
$3.3 billion in consolidated liquidity. The strong liquidity position enhances its financial flexibility and supports sustainable distribution growth. Enterprise believes that its discretionary free cash flow could reach up to
$1 billion in 2026 despite an increase in its growth capex. EPD's robust liquidity and healthy free cash flow generation should enable it to capitalize on growth opportunities while prioritizing returns to unitholders and debt reduction, strengthening its balance sheet.
