Enterprise Products Partners (EPD) Tops Q4 EPS by 9c, Revenues Miss

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Enterprise Products Partners (EPD) Reports $2B Unit Buyback Authorization; Provides 2019 Distribution Guidance

January 31, 2019 6:19 AM EST

Enterprise Products Partners L.P. (NYSE: EPD) (Enterprise) today announced that the board of directors of its general partner has approved a $2.0 billion multi-year common unit buyback program. Enterprises management also provided distribution guidance for 2019.

Enterprises board approved a $2 billion multi-year common unit buyback program to provide the partnership with an additional method to return capital to investors. The program authorizes the partnership to purchase its common units from time to time, including through open market purchases and... More

Enterprise Products Partners (EPD) PT Raised to $32 at BofA/Merrill Lynch

January 29, 2019 6:59 AM EST

BofA/Merrill Lynch analyst Dennis Coleman raised the price target on Enterprise Products Partners (NYSE: EPD) to $32.00 (from $30.00) while maintaining a Buy rating.

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