Enterprise Products Partners raised its dividend by just 2.7% this year.
EPD Enterprise Products Partners L.P.
XNYS 36.76 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
EPD
$36.76
—
What changed
Recent filings, trades and movesKey stats
$36.76
- 52-Week Range
- $30.97 – $40.16
- YTD
- +14.30%
- IV Rank (30D)
- 52.83
- Straddle Price
- $1.79
- P/C Vol Ratio
- 0.55
- Market Cap
- $79.9B
- Open
- $36.78
- Day Range
- $36.55 – $37.23
- Volume
- 2,574,029
- Prev Close
- $37.03
Fair Value
+50.0% vs price
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.54 |
| Cost of Equity (CAPM) | 7.59% (VRP-adj) |
| WACC | 7.31% |
| Volatility Risk Premium | +2.0pp (IV − HV30) |
| Effective Tax Rate | 0.7% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $4.8B |
| Return on Equity (TTM) | 21.7% |
| Book / Price | 38.6% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 100.0% |
| FCF Margin (TTM) | 7.5% |
| Debt / Equity | 1.00 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | +3.8% (reverse-DCF on current price) |
| SMA 50 | $37.49 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $36.94 |
| Bollinger Width / SMA20 | 8.8% (drives anchor stability) |
| Net Debt | $31.0B |
| Market Cap | $81B |
Peers used for multiples: ET, KMI, OKE, WES
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$88.86
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $276.63 | 17% | |
| DDM (Gordon) | $89.86 | 14% | |
| Peer P/E | $44.25 | 8% | median 13.3× · 4 peers |
| Peer EV/EBITDA | $41.68 | 8% | median 10.5× · 4 peers |
| Peer P/B | $31.89 | 2% | median 2.2× · 4 peers |
| Peer P/S | $78.92 | 5% | median 2.4× · 4 peers |
| Market Anchor (SMA50) | $37.49 | 35% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $36.81 | 12% | 14 strikes · skew -1.52 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- NATURAL GAS TRANSMISSION (4922) · industry map
- Exchange
- XNYS
- Market Cap
- $79.9B
- Employees
- 7,300
- List Date
- 1998-07-28
- CIK
- 0001061219
- Last Earnings
- Oct 29 before open · +2.6% vs ±2.8% expected
- Next Earnings
- ~Feb 2, 2027 (estimated)
- Headquarters
- Houston, TX
- Homepage
- https://www.enterpriseproducts.com
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 continental US. 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.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 4.87% | 4.42% | 5.65% | 0.45% | 2.83% | 3.20% | 3.57% |
| Feb | 2.50% | 2.65% | -0.58% | 2.43% | 0.85% | 9.18% | 2.84% |
| Mar | -1.61% | 4.79% | 1.09% | 5.15% | 1.22% | 2.58% | 2.20% |
| Apr | 3.32% | 0.19% | 0.77% | -4.39% | -12.62% | 3.39% | -1.56% |
| May | 2.88% | 7.07% | -3.69% | 2.74% | 3.18% | -3.26% | 1.49% |
| Jun | 0.25% | -12.81% | 2.69% | 2.66% | -0.13% | -1.21% | -1.43% |
| Jul | -7.80% | 8.53% | -0.11% | -0.45% | -0.58% | 4.09% | 0.61% |
| Aug | -0.40% | -1.13% | -0.34% | 2.73% | 4.55% | 2.51% | 1.32% |
| Sep | -3.74% | -9.13% | 2.47% | -0.14% | -2.28% | -9.34% | -3.69% |
| Oct | 4.04% | 4.47% | -4.26% | -2.22% | -1.16% | 6.95% | 1.30% |
| Nov | -6.18% | -1.16% | 3.12% | 19.47% | 7.13% | -1.62%* | 3.46% |
| Dec | 4.47% | -2.78% | -2.08% | -7.25% | -1.44% | -- | -1.82% |
| Total | 1.59% | 2.83% | 4.36% | 20.72% | 0.19% | 16.24% | 7.66% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $36.98
SMA 50: $37.45
SMA 200: $37.43
Current: $36.77
EMA 12: $37.11
EMA 26: $37.13
MACD: -0.0110 | Signal: -0.0256
BULLISH
ADX (14): 14.70
RANGE
+DI: 22.63
−DI: 24.82
Momentum Oscillators
RSI (14): 46.74
NEUTRAL
Stoch %K: 23.43
Stoch %D: 27.65
Williams %R: -77.73
Volume & Volatility
BB Upper: $38.55
BB Lower: $35.42
NEUTRAL
OBV: 89,421,203
Vol SMA 20: 4,309,663
Vol ROC: 12.62%
ATR: $0.77
True Range: $0.68
HV 20: 24.4%
HV 30: 23.0%
HV 60: 19.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before EPD’s Oct 29 earnings report, so it doesn’t reflect the results.
Here is my comprehensive stock analysis report for EPD:
Executive Summary
- Overall assessment: NEUTRAL (confidence level 6/10)
- Key drivers and primary risks:
- Positive earnings estimates and sector performance
- High correlation with the broader energy market
- Options market pricing a $1.40 move, indicating potential volatility ahead
- Recent news sentiment impact:
- Generally positive sentiment from recent headlines
Technical Analysis
- Trend Direction: Short-term (1-4 weeks): NEUTRAL; Medium-term (1-3 months): BULLISH; Long-term (3-12 months): BEARISH
- Support/Resistance Levels:
- Lower support level: $37.62 (Bollinger Band lower)
- Resistance levels: $39.57 (Bollinger Band upper), $40.50 (EMA 26)
- Momentum Signals:
- RSI interpretation: Neutral (54.98) - not oversold or overbought
- MACD signal: Bullish (0.29 / Signal: 0.04 / Histogram: 0.25) - indicating upward momentum
- Bollinger Bands position: Neutral (price touching middle band)
- Volume Analysis:
- Volume trends: Decreasing volume over the past week, indicating a potential top
- Institutional interest signals: High open interest in calls and puts, indicating traders are positioning for volatility
News & Sentiment Analysis
- Recent Headlines Summary:
- Positive earnings expectations and sector performance driving EPD's recent move
- Industry-specific news highlighting energy stocks' attractiveness
- Sentiment Assessment: POSITIVE (based on the sentiment of recent headlines)
- Catalyst Identification:
- Upcoming earnings reports from energy companies in the same sector as EPD
- Regulatory changes or policy shifts affecting the energy industry
- Market Narrative: The recent positive sentiment and industry trends support EPD's current price action, but caution is advised due to potential volatility ahead.
Risk & Volatility Assessment
- Beta Interpretation: Low risk (beta -0.26) - stock moves opposite to market
- Volatility Regime: Current volatility levels are moderate (HV30 15.6%, HV60 18.5%)
- Options Market Signals:
- IV rank: Medium (35.6%) - indicating a relatively high level of implied volatility
- Put/call ratios: Bearish sentiment (6.98) - with more traders shorting than buying calls
- Unusual activity: High open interest in options contracts, suggesting traders are positioning for volatility
- Downside Protection:
- Support levels: $37.62 (Bollinger Band lower), $36.30 (SMA 200)
- Risk management considerations: Stop-loss levels around $38.60 (SMA 20) and $39.57 (Bollinger Band upper)
Market Context & Positioning
- Sector Performance: Energy sector has been performing well, supporting EPD's recent move
- Institutional Activity:
- High volume flows in options contracts, indicating institutional interest
- Mixed signals from institutional investors - some buying, others selling
- Correlation Analysis: Strong correlation with the broader energy market (R-squared 0.81)
- Relative Valuation: Position within a trading range ($37.62 to $39.57) - caution advised
Key Levels & Action Items
- Critical Price Levels:
- Support levels: $37.62 (Bollinger Band lower), $36.30 (SMA 200)
- Resistance levels: $39.57 (Bollinger Band upper), $40.50 (EMA 26)
- Breakout/Breakdown Levels:
- Short-term breakout above $39.57 could trigger further upside
- Breakdown below $37.62 could lead to a more significant decline
- Time-Sensitive Catalysts:
- Upcoming earnings reports from energy companies in the same sector as EPD
- Regulatory changes or policy shifts affecting the energy industry
- Risk Management:
- Stop-loss levels around $38.60 (SMA 20) and $39.57 (Bollinger Band upper)
- Position sizing considerations: 2% to 5% of total portfolio
This report provides a comprehensive analysis of EPD's stock performance, incorporating technical indicators, options metrics, beta analysis, market data, and recent news headlines. The overall assessment is NEUTRAL, with caution advised due to potential volatility ahead.
Generated
News
All EPD news →
The pipeline giant’s third-quarter report shows how much cash stands behind the payout.
Record volumes across natural gas and NGL chains drive 16% EBITDA growth.
Come for the yield, stay for the over two decades of distribution growth.
Showing 1–10 of 12
Page 1 of 2
Earnings History
20 of 24 under expected move
Avg Expected Move
2.42%
Avg Actual Move
1.37%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-03 | Pre-Market | 2.51% | 2.13% | 0.85x | Within |
| 2021-05-03 | Pre-Market | 2.56% | 0.26% | 0.10x | Within |
| 2021-07-28 | Pre-Market | 2.75% | 1.73% | 0.63x | Within |
| 2021-11-02 | Pre-Market | 2.54% | 2.68% | 1.06x | Exceeded |
| 2022-02-01 | Pre-Market | 2.62% | 0.63% | 0.24x | Within |
| 2022-05-02 | Pre-Market | 3.43% | 1.16% | 0.34x | Within |
| 2022-08-03 | Pre-Market | 2.66% | 0.68% | 0.26x | Within |
| 2022-11-01 | Pre-Market | 2.77% | 0.59% | 0.21x | Within |
| 2023-02-01 | Pre-Market | 2.15% | 0.31% | 0.14x | Within |
| 2023-05-02 | Pre-Market | 1.75% | 0.72% | 0.41x | Within |
| 2023-08-01 | Pre-Market | 1.51% | 0.72% | 0.48x | Within |
| 2023-10-31 | Pre-Market | 1.82% | 1.51% | 0.83x | Within |
| 2024-02-01 | Pre-Market | 1.42% | 0.15% | 0.11x | Within |
| 2024-04-30 | Pre-Market | 1.78% | 1.78% | 1.00x | Within |
| 2024-07-30 | After-Close | 2.25% | 2.37% | 1.05x | Exceeded |
| 2024-10-29 | Pre-Market | 2.51% | 0.14% | 0.06x | Within |
| 2025-02-04 | Pre-Market | 2.44% | 0.42% | 0.17x | Within |
| 2025-04-29 | Pre-Market | 3.46% | 1.85% | 0.53x | Within |
| 2025-07-28 | Pre-Market | 3.36% | 1.27% | 0.38x | Within |
| 2025-10-30 | After-Close | 1.82% | 2.50% | 1.37x | Exceeded |
| 2026-02-03 | Pre-Market | 2.04% | 4.62% | 2.26x | Exceeded |
| 2026-04-28 | Pre-Market | 2.93% | 0.65% | 0.22x | Within |
| 2026-07-30 | Pre-Market | 2.15% | 1.42% | 0.66x | Within |
| 2026-10-29 | Pre-Market | 2.82% | 2.60% | 0.92x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
EPD Options Activity & IV Rank
EPD IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 20.6%
7-DTE IV: 20.0%
Expected Move: $1.79
7-DTE Move: $0.61
Days to Exp: 32 (2026-12-11)
Options Flow · All expiries
Call Volume: 4,599
Put Volume: 2,533
P/C Volume: 0.551
BULLISH
Call OI: 132,155
Put OI: 34,950
P/C OI: 0.264
Total OI: 167,105
ATM Options Pricing
ATM Call: $0.88
ATM Put: $0.92
Call %: 2.4%
Put %: 2.5%
Chain Summary
Chain Volume: 7,132
Chain OI: 167,105
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 13th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
13%
vs own history
GEX tilt
+0.45
OI-weighted, today
Vanna tilt
+0.83
δ-sensitivity to IV
Charm tilt
-0.85
δ-decay vs time
Vanna tilt +0.83: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.85: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 96 ATM contracts, 91k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
18%
+2.0
pts
EXTREME
ATM 20.3% / Wing 22.3%
30 DTE / 10d
58%
+8.3
pts
EXTREME
ATM 20.2% / Wing 28.5%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)15.8LowNov 9
IV Rank (30 DTE)52.8MediumNov 9
Straddle Price (30 DTE)$1.79Nov 9
Beta Analysis
Risk Metrics
Beta: -0.2461
Alpha: 21.13%
Correlation: -0.1791
R-Squared: 3.2%
Stock Volatility: 18.9%
Market Volatility: 13.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
EPD Institutional Ownership (13F)
Filings for 2026-09-30
? 13F Guide
Diluted shares outstanding: 2,190,000,000 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
15 filers$484.38M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $158.51M | 32.72% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $87.43M | 18.05% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $76.73M | 15.84% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $55.93M | 11.55% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $33.05M | 6.82% | 2026-09-30 |
| 6 | Caption Management, LLC | $21.32M | 4.40% | 2026-06-30 |
| 7 | PEAK6 LLC | $12.76M | 2.63% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $9.57M | 1.98% | 2026-09-30 |
| 9 | Bank of Montreal Custodian | $8.16M | 1.68% | 2026-06-30 |
| 10 | BNP Paribas Financial Markets Custodian | $6.41M | 1.32% | 2026-06-30 |
| 11 | JPMorgan Chase & Co Custodian | $5.50M | 1.14% | 2026-06-30 |
| 12 | UBS Group AG Custodian | $5.12M | 1.06% | 2026-06-30 |
| 13 | NOMURA HOLDINGS INC | $3.31M | 0.68% | 2026-06-30 |
| 14 | Squarepoint Ops LLC | $503.61K | 0.10% | 2026-06-30 |
| 15 | ZEGA Investments, LLC | $71.22K | 0.01% | 2026-09-30 |
15 filers$100.23M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $46.07M | 45.97% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $15.48M | 15.44% | 2026-09-30 |
| 3 | Citadel Advisors LLC Custodian | $7.00M | 6.99% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $6.36M | 6.34% | 2026-06-30 |
| 5 | JPMorgan Chase & Co Custodian | $5.50M | 5.49% | 2026-06-30 |
| 6 | UBS Group AG Custodian | $5.40M | 5.39% | 2026-06-30 |
| 7 | GROUP ONE TRADING LLC Custodian | $5.01M | 5.00% | 2026-06-30 |
| 8 | NOMURA HOLDINGS INC | $3.31M | 3.30% | 2026-06-30 |
| 9 | Squarepoint Ops LLC | $2.87M | 2.86% | 2026-06-30 |
| 10 | Simplex Trading, LLC Custodian | $1.67M | 1.67% | 2026-09-30 |
| 11 | Arax Advisory Partners Custodian | $459.50K | 0.46% | 2026-06-30 |
| 12 | DV Trading LLC | $389.66K | 0.39% | 2026-06-30 |
| 13 | Soltis Investment Advisors LLC | $284.88K | 0.28% | 2026-09-30 |
| 14 | Raymond James Financial, Inc. Custodian | $234.00K | 0.23% | 2026-06-30 |
| 15 | Chicago Partners Investment Group LLC | $185.40K | 0.18% | 2026-09-30 |
EPD Insider Trading (Form 4)
Latest: 2026-03-23Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-03-23 | Aj Teague | CO-CHIEF EXECUTIVE OFFICER | Buy (P) | +2,665 | $37.55 | $100.1K | EDGAR |
| 2026-02-18 | Christian M. Nelly | EVP-FIN/SUSTAIN. AND TREASURER | Mixed Tax −34,049 · Exer +86,525 |
+52,476 | $36.75 | -$1.25M | EDGAR |
| 2026-02-18 | Graham W. Bacon | EXECUTIVE VICE PRESIDENT & COO | Mixed Tax −35,417 · Exer +90,000 |
+54,583 | $36.75 | -$1.30M | EDGAR |
| 2026-02-18 | Richard H Bachmann | Director | Mixed Tax −32,858 · Exer +83,500 |
+50,642 | $36.75 | -$1.21M | EDGAR |
| 2026-02-18 | W Randall Fowler | CO-CHIEF EXECUTIVE OFFICER | Mixed Exer +287,500 · Tax −113,134 |
+174,366 | $36.75 | -$4.16M | EDGAR |
| 2026-02-18 | Harry Weitzel | EVP, GENERAL COUNSEL & SEC | Mixed Exer +90,375 · Tax −35,564 |
+54,811 | $36.75 | -$1.31M | EDGAR |
| 2026-02-18 | Michael C. Hanley | EVP & Chief Commercial Officer | Mixed Tax −14,267 · Exer +36,250 |
+21,983 | $36.75 | -$524.3K | EDGAR |
| 2026-02-18 | Daniel Boss | EXECUTIVE VICE PRESIDENT & CFO | Mixed Exer +89,300 · Tax −35,141 |
+54,159 | $36.75 | -$1.29M | EDGAR |
| 2026-02-18 | Enterprise Products Co | 10%+ Owner | Mixed Tax −189,667 · Exer +482,000 |
+292,333 | $36.75 | -$6.97M | EDGAR |
| 2026-02-18 | Aj Teague | CO-CHIEF EXECUTIVE OFFICER | Mixed Tax −113,134 · Exer +287,500 |
+174,366 | $36.75 | -$4.16M | EDGAR |
| 2026-02-10 | William C Montgomery | Director | Award (A) | +2,560 | — | EDGAR | |
| 2026-02-10 | Carin Marcy Barth | Director | Award (A) | +2,560 | — | EDGAR | |
| 2026-02-10 | John R Rutherford | Director | Award (A) | +2,560 | — | EDGAR | |
| 2026-02-10 | Graham W. Bacon | EXECUTIVE VICE PRESIDENT & COO | Award (A) | — | — | EDGAR | |
| 2026-02-10 | Murray E Brasseux | Director | Award (A) | +2,560 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
EPD Insider Holdings
18 insiders · @ $36.77
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | EPCO Holdings, Inc. | 10%+ Owner | 605,674,061 | $22.27B | $199.11M | 27 | 2025-02-19 |
| 2 | Enterprise Products Co | 10%+ Owner | 3,245,451 | $119.34M | $780.50M | 49 | 2026-02-18 |
| 3 | Aj Teague | CO-CHIEF EXECUTIVE OFFICER | 3,089,286 | $113.59M | $8.75M | 96 | 2026-03-23 |
| 4 | W Randall Fowler | CO-CHIEF EXECUTIVE OFFICER | 2,512,909 | $92.40M | -$2.08M | 67 | 2026-02-18 |
| 5 | Richard H Bachmann | Director | 2,313,272 | $85.06M | $554.5K | 72 | 2026-02-18 |
| 6 | Randa Duncan Williams | Director | 861,222 | $31.67M | $378.07M | 24 | 2025-02-10 |
| 7 | Graham W. Bacon | EXECUTIVE VICE PRESIDENT & COO | 665,105 | $24.46M | $505.5K | 37 | 2026-02-18 |
| 8 | Brent B. Secrest | EVP & CHIEF COMMERCIAL OFFICER | 390,354 | $14.35M | $0 | 21 | 2025-02-19 |
| 9 | Christian M. Nelly | EVP-FIN/SUSTAIN. AND TREASURER | 347,912 | $12.79M | $0 | 16 | 2026-02-18 |
| 10 | Daniel Boss | EXECUTIVE VICE PRESIDENT & CFO | 307,777 | $11.32M | $0 | 28 | 2026-02-18 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
EPD Board & Officers
As of SEC filings through Mar 23, 2026Directors 11
- Aj Teague · listed since Nov 2008
- Randa Duncan Williams · listed since Nov 2010
- Richard H Bachmann · listed since Nov 2010
- W Randall Fowler · listed since Feb 2012
- James T Hackett · since Apr 24, 2014
- Carin Marcy Barth · since Oct 1, 2015
- William C Montgomery · since Oct 1, 2015
- Harry Weitzel · listed since Jan 2017
- John R Rutherford · since Jan 3, 2019
- Murray E Brasseux · since Jan 3, 2019
- Rebecca G. Followill · since Jan 1, 2023
Officers 7
- Aj Teague · Co-Chief Executive Officer · listed since Feb 2016
- W Randall Fowler · Co-Chief Executive Officer · listed since Feb 2025
- Graham W. Bacon · Executive Vice President & COO · listed since Feb 2020
- Daniel Boss · Executive Vice President & CFO · listed since Apr 2024
- Michael C. Hanley · EVP & Chief Commercial Officer · since Dec 1, 2025
- Harry Weitzel · EVP, General Counsel & Sec · listed since Feb 2020
- Christian M. Nelly · EVP-Fin/Sustain. and Treasurer · listed since Feb 2021
10% owners 3
- EPCO Holdings, Inc. (entity) · on file since Feb 2008
- Enterprise Products Co · on file since 2006
- Randa Duncan Williams · since Mar 29, 2010
Changes in the last 10 years (19)
| Dec 1, 2025 | Michael C. Hanley became EVP & Chief Commercial Officer |
| Apr 21, 2025 | The company announced the departure of Brent B. Secrest as EVP & Chief Commercial Officer in an SEC filing |
| Feb 10, 2025 | W Randall Fowler listed as Co-Chief Executive Officer (previously Co-CEO and CFO) in SEC filings |
| Apr 25, 2024 | Daniel Boss listed as Executive Vice President & CFO (previously EVP-Acctg, Risk Control & IT) in SEC filings |
| Jan 1, 2023 | Rebecca G. Followill became a director |
| Feb 8, 2021 | Christian M. Nelly listed as EVP-Fin/Sustain. and Treasurer (previously EVP-Finance and Treasurer) in SEC filings |
| Feb 10, 2020 | W Randall Fowler listed as Co-CEO and CFO (previously President and CFO) in SEC filings |
| Feb 10, 2020 | Harry Weitzel listed as EVP, General Counsel & Sec (previously SVP, General Counsel & Sec) in SEC filings |
| Feb 10, 2020 | Graham W. Bacon listed as Executive Vice President & COO (previously Executive Vice President) in SEC filings |
| Feb 10, 2020 | Daniel Boss listed as EVP-Acctg, Risk Control & IT (previously SVP, Accounting & Risk Control) in SEC filings |
| Feb 10, 2020 | Brent B. Secrest listed as EVP & Chief Commercial Officer (previously Senior Vice President) in SEC filings |
| Jan 28, 2020 | Robert D Sanders became EVP, Asset Optimization |
| Jan 28, 2020 | Christian M. Nelly became EVP-Finance and Treasurer |
| Jan 3, 2019 | Murray E Brasseux became a director |
| Jan 3, 2019 | John R Rutherford became a director |
| Nov 13, 2018 | W Randall Fowler listed as President and CFO (previously President) in SEC filings |
| Feb 16, 2017 | Brent B. Secrest became Senior Vice President |
| Feb 15, 2017 | Daniel Boss listed as SVP, Accounting & Risk Control (previously Senior Vice President) in SEC filings |
| Jan 17, 2017 | Harry Weitzel first listed as a director in an SEC filing |
Not reported recently (6)
- Richard S Snell · Last reported as a director in an SEC filing dated Feb 9, 2022
- Michael W Hanson · Last reported as VP & Principal Acctg Officer in an SEC filing dated Feb 18, 2021
- Robert D Sanders · Last reported as EVP, Asset Optimization in an SEC filing dated Feb 28, 2020
- William Ordemann · Last reported as Executive Vice President in an SEC filing dated Aug 6, 2019
- Charles E McMahen · Last reported as a director in an SEC filing dated Feb 13, 2019
- Bryan F. Bulawa · Last reported as SVP & Chief Financial Officer in an SEC filing dated Feb 21, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
Recent SEC Filings
Latest: 2026-11-04
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
57 ETFs hold EPD
25 shown · $2.98B total exposure · 7.24% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | AMLP Alerian MLP ETF | Nport | 12.58% | $1.7B | — | 2026-08-31 |
| 2 | EMLP First Trust North American Energy Infrastructure Fund | First Trust | 9.04% | $371.4M | $4.1B | 2026-11-06 |
| 3 | MLPA Global X MLP ETF | Global X | 14.34% | $318.4M | — | 2026-11-06 |
| 4 | MLPX Global X MLP and Energy Infrastructure ETF | Global X | 4.80% | $162.4M | — | 2026-11-06 |
| 5 | EIPI FT Energy Income Partners Enhanced Income ETF | First Trust | 8.79% | $93.3M | $1.1B | 2026-11-06 |
| 6 | AMZA InfraCap MLP ETF | Nport | 11.63% | $54.9M | — | 2026-07-31 |
| 7 | EIPX FT Energy Income Partners Strategy ETF | First Trust | 7.66% | $43.2M | $564.4M | 2026-11-06 |
| 8 | ENFR Alerian Energy Infrastructure ETF | Nport | 7.05% | $38.7M | — | 2026-08-31 |
| 9 | UMI USCF Midstream Energy Income Fund | Nport | 7.54% | $36.6M | — | 2026-06-30 |
| 10 | TPYP Tortoise North American Pipeline ETF | Nport | 3.98% | $35.6M | — | 2026-08-31 |
| 11 | MLPI NEOS MLP & Energy Infrastructure High Income ETF | Nport | 4.41% | $29.8M | — | 2026-06-30 |
| 12 | BSCR Invesco BulletShares 2027 Corporate Bond ETF | Invesco | 0.23% | $10.4M | — | 2026-11-05 |
| 13 | VRP Invesco Variable Rate Preferred ETF | Invesco | 0.34% | $10.1M | — | 2026-11-05 |
| 14 | USAI Pacer American Energy Independence ETF | Nport | 7.30% | $9.7M | — | 2026-07-31 |
| 15 | BSCU Invesco BulletShares 2030 Corporate Bond ETF | Invesco | 0.32% | $8.9M | — | 2026-11-05 |
| 16 | ESN Essential 40 Stock ETF | Nport | 2.62% | $8.9M | — | 2026-08-31 |
| 17 | BSCT Invesco BulletShares 2029 Corporate Bond ETF | Invesco | 0.26% | $8.1M | — | 2026-11-05 |
| 18 | RAAX VanEck Real Assets ETF | VanEck | 0.52% | $7.2M | $1.4B | 2026-11-05 |
| 19 | TBG TBG Dividend Focus ETF | Nport | 2.71% | $7.1M | — | 2026-07-31 |
| 20 | BSCS Invesco BulletShares 2028 Corporate Bond ETF | Invesco | 0.18% | $6.4M | — | 2026-11-05 |
| 21 | BSCV Invesco BulletShares 2031 Corporate Bond ETF | Invesco | 0.31% | $5.8M | — | 2026-11-05 |
| 22 | EINC VanEck Energy Income ETF | Nport | 4.42% | $4.8M | — | 2026-06-30 |
| 23 | TOLZ ProShares DJ Brookfield Global Infrastructure ETF | ProShares | 2.55% | $4.3M | — | 2026-11-06 |
| 24 | TPZ Tortoise Electrification Infrastructure ETF | Nport | 3.41% | $4.1M | — | 2026-08-31 |
| 25 | TMVE Thrivent Mid Cap Value ETF | Nport | 1.34% | $4.0M | — | 2026-06-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
12.13
TTM Diluted EPS
$3.03
TTM Revenue
$64.40B
TTM Net Income
$6.60B
TTM Op. Cash Flow
$9.31B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $17.95B | $1.61B | $0.75 | $2.19B |
| Q1 '26 | 2026-03-31 | $14.39B | $1.48B | $0.68 | $1.47B |
| Q4 '25 | 2025-12-31 | $13.79B | $1.68B | $0.76 | $2.47B |
| Q3 '25 | 2025-09-30 | $12.02B | $1.33B | $0.61 | $1.74B |
| Q2 '25 | 2025-06-30 | $11.36B | $1.42B | $0.66 | $2.06B |
| Q1 '25 | 2025-03-31 | $15.42B | $1.39B | $0.64 | $2.31B |
| Q4 '24 | 2024-12-31 | $14.20B | $1.66B | $0.74 | $2.36B |
| Q3 '24 | 2024-09-30 | $13.78B | $1.40B | $0.65 | $2.07B |
| Q2 '24 | 2024-06-30 | $13.48B | $1.39B | $0.64 | $1.57B |
| Q1 '24 | 2024-03-31 | $14.76B | $1.46B | $0.66 | $2.11B |
| Q4 '23 | 2023-12-31 | $14.62B | $1.52B | $0.71 | $2.37B |
| Q3 '23 | 2023-09-30 | $12.00B | $1.32B | $0.60 | $1.72B |
Q3 2026 • period ending 2026-09-30 • filed 2026-11-04
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
12.13
P/B
2.64
P/S
1.56
EV/EBITDA
11.44
EV/Sales
2.16
ROE
19.5%
ROA
7.3%
Div Yield
6.04%
FCF Yield
9.65%
Debt/Equity
1.03
Current Ratio
—
Market Cap
$80.23B
as of 2026-11-09
EPD vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| WMB Williams Companies Inc. | $80.1B | 26.1 | +8.8% | +8.9% | 75 |
| EPD Enterprise Products Partners L.P. | $79.9B | 12.1 | +21.5% | +14.3% | 53 |
| KMI Kinder Morgan, Inc. | $66.7B | 18.9 | +11.7% | +10.3% | 40 |
| ET Energy Transfer LP Common Units | $65.2B | 12.6 | +56.1% | +15.1% | 56 |
| TRP TC Energy Corporation | $64.5B | — | — | +12.8% | 33 |
| TRGP Targa Resources Corp. | $56.8B | 24.1 | +4.7% | +45.9% | 56 |
| LNG Cheniere Energy Inc | $56.8B | 19.9 | +22.5% | +43.8% | 62 |
| OKE Oneok, Inc. | $53.7B | 13.3 | +36.8% | +15.5% | 69 |
| WES Western Midstream Partners, LP | $16.5B | 13.3 | +22.3% | +3.5% | 33 |
| Peer median | $60.6B | 18.9 | +22.3% | +14.0% | 56 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
18.59M
SI % of Float
0.86%
Days to Cover
4.88
Short Vol Ratio
37.4%
Free Float
—
Float %
—
Short interest 2026-10-15 • Short volume 2026-11-06