Michael Hanson - Enterprise Products President

EPD Stock  USD 28.43  0.25  0.87%   

President

Mr. Michael W. Hanson is Principal Accounting Officer, Vice President of the Company. He was elected a Vice President of Enterprise GP in April 2011 and its Principal Accounting Officer in August 2016. His responsibilities include team leadership in financial and management reporting matters, including the preparation of Enterprises quarterly and annual reports. Mr. Hanson reports to Mr. Boss, who has overall leadership of the Accounting department. Mr. Hanson has served Enterprise and its affiliates in various accounting roles since 1992, including as an Assistant Controller from April 2007 to July 2016 and Director of Financial Reporting from November 2004 to March 2007. since 2016.
Age 52
Tenure 8 years
Phone713 381 6500
Webhttps://www.enterpriseproducts.com

Enterprise Products Management Efficiency

The company has Return on Asset of 0.0593 % which means that on every $100 spent on assets, it made $0.0593 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2026 %, implying that it generated $0.2026 on every 100 dollars invested. Enterprise Products' management efficiency ratios could be used to measure how well Enterprise Products manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 29.07 B in debt with debt to equity (D/E) ratio of 1.08, which is OK given its current industry classification. Enterprise Products has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enterprise Products until it has trouble settling it off, either with new capital or with free cash flow. So, Enterprise Products' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enterprise Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enterprise to invest in growth at high rates of return. When we think about Enterprise Products' use of debt, we should always consider it together with cash and equity.

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Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids , crude oil, petrochemicals, and refined products. The company was founded in 1968 and is headquartered in Houston, Texas. Enterprise Products operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. Enterprise Products Partners (EPD) is traded on New York Stock Exchange in USA. It is located in 1100 Louisiana Street, Houston, TX, United States, 77002 and employs 32 people. Enterprise Products is listed under Utilities category by Fama And French industry classification.

Management Performance

Enterprise Products Leadership Team

Elected by the shareholders, the Enterprise Products' board of directors comprises two types of representatives: Enterprise Products inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enterprise. The board's role is to monitor Enterprise Products' management team and ensure that shareholders' interests are well served. Enterprise Products' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Enterprise Products' outside directors are responsible for providing unbiased perspectives on the board's policies.
Graham Bacon, Group Senior Vice President - Operations and Environmental, Health, Safety & Training
W Fowler, Co-Chief Executive Officer, Chief Financial Officer, Director of the General Partner
Harry Weitzel, Executive Vice President, General Counsel, Secretary, Director of the General Partner
A Teague, Co-Chief Executive Officer, Director of the General Partner
Richard Bachmann, Non-Executive Vice Chairman of the Board of the General Partner
Natalie Gayden, Senior Vice President - Natural Gas
Karen Taylor, Senior LLC
Zachary Strait, Senior NGLs
James Teague, CEO of Enterprise Products Holdings LLC and Director of Enterprise Products Holdings LLC
Randa Williams, Non-Executive Chairman of the Board of the General Partner
R Boss, Executive Vice President - Accounting, Risk Control and Information Technology of the General Partner
Paul Flynn, VP LLC
James Hackett, Non-Executive Independent Director of the General Partner
Randall Fowler, President of of Enterprise Products Holdings LLC and Director of Enterprise Products Holdings LLC
Michael Hanley, Senior Vice President - Pipelines and Terminals
Murray Brasseux, Independent Director of the General Partner
Christopher DAnna, Senior Petrochemicals
John Burkhalter, Vice Relations
Brent Secrest, Executive Vice President, Chief Commercial Officer of the General Partner
James Bany, Senior Terminals
Christian Nelly, Executive Vice President – Finance and Sustainability and Treasurer of the General Partner
Richard Snell, Independent Director of the General Partner
Robert Sanders, Executive Vice President - Asset Optimization of the General Partner
Robert Moss, Senior Vice President - Houston Region Operations
Michael Hanson, Principal Accounting Officer, Vice President of the General Partner
Angie Murray, Senior Operations
Richard Boss, Risk Accounting
William Montgomery, Independent Director of the General Partner
Anthony Chovanec, Executive Assessment
Kevin Ramsey, Senior Vice President - Capital Projects
Carin Barth, Independent Director of the General Partner
John Rutherford, Independent Director of the General Partner

Enterprise Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Enterprise Products a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Enterprise Products' price analysis, check to measure Enterprise Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enterprise Products. If investors know Enterprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enterprise Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.