Scotiabank Raises Enterprise Products (EPD) Target to $35 on Strong Power Demand and LNG Tailwinds

Enterprise Products Partners L.P. (NYSE:EPD) is included among the 15 Best High Yield Stocks to Buy.

On January 16, Scotiabank raised its price target on Enterprise Products Partners L.P. (NYSE:EPD) to $35 from $34. The firm kept a Sector Perform rating on the stock. The analyst said the move was part of a broader refresh of price targets across the firm’s Energy Infrastructure coverage. Scotiabank pointed out that strong electricity demand and rising LNG exports are creating new growth opportunities, which is why the bank sees an upward tilt to its long-term outlook.

In other news, on January 8, Enterprise announced that its board approved a quarterly cash distribution of $0.55 per unit for Q4 2025, which works out to $2.20 per unit annualized. The distribution is scheduled to be paid on February 13, 2026, to unitholders on record as of January 30, 2026. This payout marks a 2.8% increase compared with the distribution declared for Q4 2024.

Enterprise also continued returning cash through buybacks. The partnership repurchased about $50 million worth of common units in Q4 2025, bringing total repurchases for 2025 to roughly $300 million. After these purchases, Enterprise has used about 29% of its authorized $5.0 billion repurchase program.

Enterprise Products Partners L.P. (NYSE:EPD) is a major midstream energy company, providing services across natural gas, NGLs, crude oil, refined products, and petrochemicals, supporting both producers and end markets.

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