NEW YORK (TheStreet) -- Shares of Enterprise Products Partners (EPD) - Get Report were gaining in midday trading on Wednesday ahead of the company's 2016 third quarter results, due out before tomorrow's opening bell.

Wall Street is expecting earnings and revenue to decline year-over-year.

Analysts surveyed by FactSet are forecasting adjusted earnings of 30 cents per share on revenue of $5.95 billion.

During the same quarter last year, the Houston-based company earned 32 cents per diluted share on revenue of $6.31 billion.

The company provides midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, petrochemicals and refined products.

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Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on the stock.

The company's strengths can be seen in multiple areas, such as its increase in net income and reasonable valuation levels.

The team believes its strengths outweigh the fact that the company has had generally high debt management risk by most measures that were evaluated.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: EPD

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