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Michael Bloom

Wall Street Analyst at Wells Fargo

Michael Blum is a Wall Street Analyst at Wells Fargo, specializing in the Energy and Basic Materials sectors. He covers stocks such as Targa Resources Corp. (TRGP), ONEOK (OKE), and Energy Transfer (ET), achieving a strong track record with a 63% success rate across 310 ratings and an average return of +9.30% per rating over one year, including a standout Buy call on TRGP that delivered +150.70% returns. Ranked #574 out of 9,445 Wall Street analysts on TipRanks, Blum has been active since at least 2013 with coverage spanning US and Canadian markets.

Michael Bloom's questions to ENTERPRISE PRODUCTS PARTNERS (EPD) leadership

Question · Q4 2025

Michael Bloom first asked how Enterprise Products Partners is impacted by Waha price volatility, both low prices (wide spreads) and high prices (spikes). He then followed up by asking about producer plans for 2026 and expected supply growth, particularly in the Permian Basin.

Answer

Company Representative Tug Hanley explained that Enterprise benefits from low Waha prices through gas transport capacity and west-east/west-to-south spreads, and from high Waha prices through storage assets, thus benefiting from volatility. Company Representative Natalie Gayden added that Midland volumes are outperforming expectations with record well connects (590), and Delaware growth is steepening with an estimated 500 wells turning to production in 2026.

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Fintool can predict ENTERPRISE PRODUCTS PARTNERS logo EPD's earnings beat/miss a week before the call