Enterprise Completes ExxonMobil Joint Interest Acquisition

Tip Ranks
2025.12.15 16:18
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Enterprise Products Partners L.P. has completed the acquisition of a 40% joint interest in its Bahia natural gas liquids pipeline from ExxonMobil. This strategic move is expected to enhance Enterprise's market position and operational capabilities in the natural gas liquids sector. Analysts rate EPD stock as a Buy with a $37.00 price target, and TipRanks' AI Analyst, Spark, views EPD as Outperform due to strong technical indicators and positive corporate events.