WallStSmart
EPD

Enterprise Products Partners LP

NYSE: EPD · ENERGY · OIL & GAS MIDSTREAM

$38.70
-0.23% today

Updated 2026-04-30

Market cap
$82.15B
P/E ratio
14.29
P/S ratio
1.56x
EPS (TTM)
$2.66
Dividend yield
5.75%
52W range
$28 – $40
Volume
4.5M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Enterprise Products Partners LP (EPD) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$38.70
Consensus
$38,460.00
+99279.84%
2030 Target
$412.57
+966.07%
DCF
$58.10
+38.98% MoS
13 analysts:
5 Buy4 Hold2 Sell

Management guidance

Management projects $1 billion in free cash flow for 2026 with 50-60% allocated to buybacks. Company anticipates 10% adjusted EBITDA and cash flow growth in 2027, with projections for significant adjusted EBITDA and cash flow growth continuing through 2029. Record EBITDA of $2.7 billion achieved in Q4 2025.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$688.87
$74.0B Rev × 20x P/S
Base case (2030)
$412.57
$74.0B Rev × 12x P/S
Bear case (2030)
$276.31
$74.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$49.7B$56.2B$52.6B$53.8B$58.3B$63.1B$68.4B$74.0B
Revenue growth—13.1%-6.4%2.3%8.3%8.2%8.4%8.2%
EPS$2.52$2.70$2.68$2.79$3.11$3.42$3.75$4.08
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$302.80$325.51$352.01$382.29$412.57

Catalysts & risks

Growth catalysts
+ Structural shift in global energy markets due to Iran geopolitical tensions driving increased U.S. LPG/LNG exports
+ Permian Basin growth and capacity expansion through multi-billion dollar project backlog under construction
+ New pipeline assets coming online and enhanced fee-based revenue model providing commodity price insulation
+ 27 consecutive years of distribution increases with strong balance sheet supporting continued capital returns
+ Sustained high commodity prices benefiting marketing spreads and throughput volumes
Key risks
- Regulatory changes affecting pipeline operations and energy infrastructure approvals
- Interest rate sensitivity impacting debt refinancing costs and valuation multiples
- Commodity price volatility affecting marketing margins despite fee-based model insulation
- Lower crude oil prices and tighter marketing spreads pressuring segment profitability
- Geopolitical stability reversals could reduce global demand for U.S. energy exports

Methodology

Enterprise Products Partners LP's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.