Hurricane Harvey Didn't Cause Too Much of an Impact on Enterprise Products Partners' Q3 Earnings
The question for any company in the Texas Gulf Coast region this past quarter has been how much the flooding from Hurricane Harvey impacted the bottom line. Looking at Enterprise Products Partners' (NYSE: EPD) most recent result, it appears that impact was minimal.
The more important thing that happened in the third quarter was management's election to change its distribution policy for the foreseeable future. So let's take a look at the company's most recent results and what this change could mean for investors.
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Source: Fool.com
Enterprise Products Partners L.p. Stock
€15.02
-0.130%
Enterprise Products Partners L.p. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 30 € shows a very positive potential of 99.68% compared to the current price of 15.02 € for Enterprise Products Partners L.p..
