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Enterprise Products Partners L.P. (NYSE:EPD) is included among the 15 Dividend Stocks Paying 4%+ Yield in 2025.

Enterprise Products Partners (EPD) Faces Growth Challenges, Says JPMorgan Analyst

On December 1, JPMorgan analyst Jeremy Tonet downgraded Enterprise Products Partners L.P. (NYSE:EPD) to Neutral from Overweight and kept a price target of $35. The firm sees limited upside at current share prices and noted that the company’s EBITDA falls behind its peers. The analyst mentioned in a research note that excess capacity in several hydrocarbon logistics areas is limiting the company’s ability to grow due to “aggressive” competition.

Enterprise Products Partners L.P. (NYSE:EPD)’s multi-year capital investment phase, which was announced in 2022, is finally in its concluding phase. As a part of this plan, the company has built several pipelines and marine terminal facilities in recent years. In addition, it also closed some acquisitions to support growth in new areas. As soon as Enterprise finishes its last major expansion project in the first half of next year, the company’s free cash flow generation will be more significant.

In the third quarter of 2025, Enterprise Products Partners L.P. (NYSE:EPD)’s total growth investments were $2 billion, which also includes $1.2 billion for growth capital projects. The company expects growth capital investments of $4.5 billion in 2025, up from $1.6 billion in 2022, which shows its commitment to this expansion project. In addition, its capital expenditures are expected to be approximately $525 million in 2025.

Enterprise Products Partners L.P. (NYSE:EPD) is a Texas-based midstream natural gas and crude oil pipeline company.

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