JPMorgan Chase Reduces Stake in Enterprise Products Partners

Oil and gas producer's stock ownership cut by 2% in third quarter

Mar. 19, 2026 at 9:21am

Got story updates? Submit your updates here. ›

JPMorgan Chase & Co. reduced its stake in Enterprise Products Partners L.P. (NYSE:EPD) by 2.0% during the 3rd quarter, according to a recent SEC filing. The firm now owns 2,549,261 shares of the oil and gas producer's stock, worth approximately $79.7 million.

Why it matters

Enterprise Products Partners is a major midstream energy company that operates an extensive network of pipelines, storage facilities, and export terminals across North America. Changes in ownership by large institutional investors like JPMorgan Chase can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the 13F filing, JPMorgan Chase sold 51,195 shares of Enterprise Products Partners during the third quarter. The firm now owns 0.12% of the company's outstanding shares. Enterprise Products Partners' stock has traded in a range of $27.77 to $38.22 over the past 52 weeks, closing at $37.07 on Thursday.

  • JPMorgan Chase filed the 13F report covering the 3rd quarter of 2026.
  • The shares were sold during the 3rd quarter of 2026.

The players

JPMorgan Chase & Co.

A major American multinational investment bank and financial services company.

Enterprise Products Partners L.P.

A Houston-based master limited partnership that provides midstream energy services across North America, operating an extensive network of pipelines, storage facilities, and export terminals.

Got photos? Submit your photos here. ›

The takeaway

This reduction in JPMorgan Chase's stake in Enterprise Products Partners reflects broader market trends and investor sentiment around midstream energy companies. However, Enterprise Products Partners remains a major player in the sector with a diverse asset base and strong market position.