Welcome to our dedicated page for Enterprise Prods Partners L P news (Ticker: EPD), a resource for investors and traders seeking the latest updates and insights on Enterprise Prods Partners L P stock.
News for Enterprise Products Partners L.P. (NYSE: EPD) focuses on its role as a large North American midstream energy partnership serving natural gas, NGL, crude oil, refined products and petrochemical markets. Company press releases and SEC-linked announcements provide regular updates on operations, capital projects, financings and distributions.
Investors following EPD news will find detailed coverage of quarterly earnings, including net income, distributable cash flow, Adjusted EBITDA, segment gross operating margin and volume metrics across NGL, crude oil, natural gas and petrochemical pipelines, processing plants, fractionators and marine terminals. Earnings releases often highlight operating records in areas such as natural gas processing plant inlet volumes, natural gas pipeline volumes, NGL pipeline volumes and crude oil pipeline volumes.
Enterprise’s news flow also includes distribution declarations on its common units, along with information on its multi-year common unit buyback program and any changes to the authorized size of that program. These announcements may be accompanied by qualified notices for non-U.S. unitholders regarding U.S. federal income tax withholding on distributions.
Another important category of EPD news covers growth projects and acquisitions. Recent releases describe new natural gas processing facilities in the Permian Basin, the Neches River Terminal for ethane exports, the Bahia NGL pipeline and a joint interest transaction with ExxonMobil, and the acquisition of a natural gas gathering affiliate of Occidental in the Midland Basin. Updates on planned plants such as the Athena natural gas processing facility and expansions of gathering systems are also featured.
In addition, Enterprise reports on capital markets activities, such as public offerings of senior notes by its operating subsidiary, and its participation in investor conferences hosted by financial institutions. For readers tracking EPD, this news page aggregates these developments so they can review operational, financial and strategic updates from the partnership in one place.
Magellan Midstream Partners (MMP), Enterprise Products Partners (EPD), and Intercontinental Exchange (ICE) have expanded their no-charge agreement for crude oil transfers at the Houston terminals. This new arrangement allows for free transfers between Magellan East Houston (MEH) and Enterprise Crude Houston (ECHO) terminals for deliveries via ICE's EFP and ADP mechanisms, increasing operational flexibility. The no-fee policy is valid through March 31, 2023, enhancing cost efficiency for HOU futures customers.
Enterprise Products Partners L.P. (NYSE: EPD) announced investor meetings at two upcoming conferences. These include the MUFG Oil & Gas Conference on May 10, 2022, in New York, NY, and the EIC Investor Conference on May 16-17, 2022, in Palm Beach, FL. The investor deck for these meetings is available on the company's website. EPD is a leading North American provider of midstream energy services, with extensive assets including over 50,000 miles of pipelines and significant storage capacity.
Enterprise Products Partners L.P. (NYSE: EPD) reported Q1 2022 net income of $1.3 billion ($0.59/unit) which reflects a slight decrease from $1.3 billion ($0.61/unit) in Q1 2021, impacted by non-cash impairment charges of $14 million. However, Distributable Cash Flow (DCF) reached a record $1.8 billion, providing 1.8 times coverage of its distribution, which increased 3.3% to $0.465 per unit. Capital investments totaled $3.6 billion, primarily for the Navitas Midstream acquisition. The company also announced $4.6 billion in organic projects under construction.
Enterprise Products Operating LLC and Oxy Low Carbon Ventures, both subsidiaries of EPD and OXY respectively, have signed a letter of intent to develop a carbon dioxide (CO2) transportation and sequestration project for the Texas Gulf Coast.
The initiative will leverage existing infrastructure from Houston to Beaumont/Port Arthur, combining Enterprise’s midstream expertise with OLCV’s CO2 management capabilities. They aim to commercialize services that aid industrial emitters in achieving net-zero goals through effective carbon management strategies.
Enterprise Products Partners L.P. (NYSE: EPD) will host a meeting with securities analysts and investors on April 12, 2022, at 8 a.m. CDT in Houston. The event will be available for live streaming on Enterprise’s website, where accompanying slides can also be accessed. Enterprise Products is a leading provider of midstream energy services across North America, managing a vast network of over 50,000 miles of pipelines and significant storage capacities. For more details, visit www.enterpriseproducts.com.
Enterprise Products Partners L.P. (NYSE: EPD) has declared a quarterly cash distribution of
Enterprise Products Partners L.P. (NYSE: EPD) will host virtual investor meetings at various conferences in March 2022. Key events include the Morgan Stanley Energy and Power Conference on March 1, followed by events with Barclays on March 2 and 3, the Mizuho Energy Summit on March 15, the Scotia Howard Weil Energy Conference on March 22, and the U.S. Capital Advisors Midstream Corporate Access Day on March 30.
For further details, the latest investor deck is available under the Investors tab on the Enterprise website.
Enterprise Products Partners L.P. (NYSE: EPD) announced the availability of its 2021 tax packages, including schedule K-1's, accessible online. The partnership will begin mailing these packages today, finishing by March 7, 2022. Unitholders can also reach K-1 Tax Package Support at (800) 599-9985 on weekdays from 8 a.m. to 5 p.m. CT. Enterprise Products is a leading provider of midstream energy services, with assets spanning over 50,000 miles of pipelines and significant storage capacity for natural gas, NGLs, crude oil, and petrochemicals.
Enterprise Products Partners L.P. (NYSE: EPD) announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, with the Securities and Exchange Commission. The report is accessible via the company's website. This partnership is recognized as a leading provider of midstream energy services in North America, operating over 50,000 miles of pipelines and significant storage capacities across various energy products. For further details, hard copies of the report can be requested through the company’s investor relations page.
Enterprise Products Partners L.P. (NYSE: EPD) will attend investor meetings at the THRIVE Energy Conference in Houston, Texas, on February 23, 2022. The company is a leading provider of midstream energy services across North America, supporting the oil and gas industry with a wide range of services including natural gas gathering, transportation, and storage. Enterprise boasts over 50,000 miles of pipelines and substantial storage capacity for NGLs, crude oil, and natural gas. The investor presentation is accessible on their website under the Investors tab.
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