Summary: Enterprise Products Partners is one of the largest North American midstream energy service providers, working with producers and consumers of natural gas, crude oil, refined products, and petrochemicals. In this guide, you will learn how to buy Enterprise Products Partners stock on an online investment platform such as eToro.
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About Enterprise Products Partners
Enterprise Products Partners (NYSE: EPD) is one of the most prominent midstream energy service providers operating in the natural gas, crude oil, refined products, and petrochemicals sectors. The company is headquartered in Houston, Texas, and runs an intricate network of pipelines, storage facilities, plants, and export terminals across the US, being responsible for the transportation, storage, and marketing of its products.
How to buy Enterprise Products Partners stock: Step-by-step
Enterprise Products Partners is a Fortune 500 company traded on the New York Stock Exchange (NYSE) under the ticker symbol EPD. As of February 2024, the company has a market cap of ~$57 billion and a dividend yield of 7.82%. To invest in Enterprise Products Partners, simply:
- Find a broker: Find a brokerage platform that lists EPD shares;
- Register and fund your account;
- Place a trade: Find EPD shares on the broker’s platform and place a trade;
- Monitor your investment.
Step 1: Find a broker
To start investing, you have to find a trustworthy and regulated online broker with a clear fee structure and user-friendly interface.
Our recommended brokerage for EPD shares is eToro, one of the leading trading platforms with millions of daily users and a host of nifty investing features such as:
- Commission-free stock and ETF trading;
- Over 2,000 stocks from 17 different exchanges;
- Fractional shares;
- Charting tools;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Fund your account
After selecting a suitable brokerage, you can register an account. Simply follow the platform’s registration instructions and provide the necessary personal details for identity verification.
Once registered, you can deposit funds into your account by transferring money from your bank account. Many platforms offer various funding methods, such as:
- Bank transfers;
- Credit/debit cards;
- e-wallets;
- Third-party payment systems like PayPal.
Step 3: Place a trade
Finally, you can buy Enterprise Products Partners stock by following these simple steps:
- Log in on your broker’s website;
- Find EPD shares;
- Specify the number of shares you wish to buy (or the dollar amount you wish to invest);
- Select order type (i.e., market, limit, stop-loss, etc.);
- Review all the details once more;
- Execute the trade.
Step 4: Monitor your investment
After executing your trades, it’s essential to vigilantly monitor your investment’s performance. If possible, utilize the charts and market analysis tools on your brokerage platform to track the stock’s price movements and stay up-to-date with any relevant news or events that may impact it.
Additionally, consider seeking help from seasoned investors regarding the stock. You can do so by following experienced analysts on social media or by making use of the brokerage’s copy trading features (if it has them).
Should you identify a potentially more lucrative investment prospect, remain flexible in adjusting your trading approach to maximize your chances of sustained profitability.
For more potentially profitable natural gas and oil stocks, check out our guides on 5 best pipeline stocks and 3 highest dividend pipeline stocks, as well as our guides on:
- How to buy Kinder Morgan stock;
- How to buy Williams Companies stock;
- How to buy Energy Transfer stock;
- How to buy OneOK stock.
Enterprise Products Partners
Is Enterprise Products Partners stock a buy or sell?
Determining whether to buy or sell Enterprise Products Partners depends on numerous factors ranging from your personal financial goals and metrics like industry conditions and the state of the company.
Before committing to any investments, it’s crucial to acknowledge the inherent unpredictability of stock markets. Base your investment decisions on comprehensive fundamental analysis and diligent research, rather than relying on intuition alone.
Moreover, integrating technical analysis to assess historical price movements and chart patterns can provide valuable guidance, streamlining your decision-making as you navigate the investment landscape.
Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.
Pros and cons of investing in Enterprise Products Partners
Pros
- Dividends: Enterprise Products Partners has a long dividend track record, making it popular among investors seeking exposure to the energy sector and passive income opportunities;
- Solid revenue streams: The company beat all expectations in 2023;
- Essential services: Natural gas pipelines are an essential component of North American infrastructure.
Cons
- Commodity prices are volatile: Changes in oil and gas prices can affect the stock’s performance;
- Capital-intensive nature: Pipeline infrastructures are costly to operate and maintain;
- Environmental concerns: Some investors are not comfortable investing in pipeline companies, seeking more environmentally friendly stocks.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Enterprise Products Partners stock
How can I buy Enterprise Products Partners stock?
You can buy Enterprise Products Partners stock through a brokerage such as eToro.
Where to buy Enterprise Products Partners stock?
You can buy Enterprise Products Partners stock on investment platforms such as eToro.
What is the Enterprise Products Partners stock symbol?
The ticker symbol for Enterprise Products Partners is typically EPD.
Does Enterprise Products Partners pay dividends?
Yes, Enterprise Products Partners does pay a dividend.
Did Enterprise Products Partners have a stock split?
Enterprise Products Partners stock had 2 stock splits, most recently in 2014.
How to buy Enterprise Products Partners stock safely?
Failing to conduct thorough research on companies before investing is one of the most common investing mistakes. Investors should also exercise caution when chasing high yields, ensuring they evaluate the sustainability of dividend payments alongside factors like earnings growth and cash flow generation. Furthermore, overlooking regulatory risks, such as environmental regulations, can have significant consequences.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
