Truist Sees Stronger Q1 for Enterprise Products Partners (EPD) Despite Commodity Concerns

Enterprise Products Partners L.P. (NYSE:EPD) is included among the 10 Best Inflation-Hedge Stocks to Buy for 2026.

Truist Sees Stronger Q1 for Enterprise Products Partners (EPD) Despite Commodity Concerns

On May 4, Truist raised its price recommendation on Enterprise Products Partners L.P. (NYSE:EPD) to $40 from $36. It reiterated a Hold rating on the stock. The update came as part of a broader research note covering midstream energy companies after Q1 results. The firm said the quarter benefited from spread optimization, which helped drive stronger financial results and higher guidance. At the same time, the analyst noted that future upside looks less certain because of commodity price volatility, existing hedges, and the expected narrowing of Waha/Katy/HSC spreads. That change is expected as 4.6Bcf/d of Permian takeaway capacity comes online.

On May 4, TD Cowen analyst Jason Gabelman also raised the firm’s price goal on Enterprise Products to $39 from $38 while keeping a Hold rating on the shares. The firm updated its model after Q1 results, noting that the company indicated about 10% of its LPG export capacity would capture spot margins.

Enterprise Products Partners L.P. (NYSE:EPD) provides midstream energy services for producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals.

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