What is Enterprise Products Partners LP Market Cap?
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Enterprise Products Partners LP's share price for the quarter that ended in Dec. 2023 was $26.35. Enterprise Products Partners LP's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,168 Mil. Therefore, Enterprise Products Partners LP's market cap for the quarter that ended in Dec. 2023 was $57,133 Mil.
Enterprise Products Partners LP's quarterly market cap
increased
from Jun. 2023 ($57,226 Mil) to Sep. 2023 ($59,444 Mil) but then
declined
from Sep. 2023 ($59,444 Mil) to Dec. 2023 ($57,133 Mil).
Enterprise Products Partners LP's annual market cap
increased
from Dec. 2021 ($47,793 Mil) to Dec. 2022 ($52,360 Mil) and
increased
from Dec. 2022 ($52,360 Mil) to Dec. 2023 ($57,133 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Enterprise Products Partners LP's Enterprise Value for Today is $91,575 Mil.
Enterprise Products Partners LP Market Cap Historical Data
The historical data trend for Enterprise Products Partners LP's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Enterprise Products Partners LP's Market Cap
For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enterprise Products Partners LP's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Enterprise Products Partners LP's Market Cap falls into.
Enterprise Products Partners LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Enterprise Products Partners LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Products Partners LP (NYSE:EPD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Enterprise Products Partners LP Market Cap Related Terms
Thank you for viewing the detailed overview of Enterprise Products Partners LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
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