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.
Enterprise Products Partners L.P. (NYSE: EPD) has announced it will conduct virtual investor meetings during the BofA Securities Energy Credit Conference on June 9, 2021. The partnership, a major player in midstream energy services, provides essential services for natural gas, crude oil, and petrochemicals. Investors can access the latest investor deck via the Investors tab on the company's website. Enterprise's extensive infrastructure includes approximately 50,000 miles of pipelines and significant storage capacity for various energy products.
Enterprise Products Partners L.P. (NYSE: EPD) will host investor meetings at the Energy Infrastructure Council (EIC) Investor Conference from May 18-20, 2021 in Las Vegas. Slides from these meetings will be available at 8:00 a.m. ET on May 18, accessible on the Enterprise website under the Investors tab.
Enterprise is a major midstream energy services provider, offering a range of services including natural gas and crude oil transportation, storage, and processing, supported by a robust infrastructure of approximately 50,000 miles of pipelines.
Enterprise Products Partners L.P. (EPD) reported Q1 2021 net income of $1.3 billion, unchanged per unit at $0.61, impacted by $66 million in non-cash impairment charges. Cash flow from operations was $2.0 billion, with distributions rising 1.1% to $0.45 per unit. Free Cash Flow (FCF) decreased to $3.1 billion from $3.4 billion year-over-year. The gross operating margin increased to $2.3 billion, with notable year-over-year growth in the NGL Pipelines & Services segment despite volume declines due to winter storm impacts.
Enterprise Products Partners L.P. (NYSE: EPD) has declared a quarterly cash distribution of $0.45 per unit for Q1 2021, totaling $1.80 annually, marking a 1.1% increase from Q1 2020. This distribution will be paid on May 12, 2021, to unitholders of record by April 30, 2021. The partnership, which has raised its cash distribution for 22 consecutive years, will announce its Q1 earnings on May 3, 2021, with a conference call scheduled for 9 a.m. CT.
Enterprise Products Partners L.P. (NYSE: EPD) will host virtual investor meetings at three major conferences in March 2021. The events include the Mizuho Energy Summit on March 16, the Scotia Howard Weil Energy Conference on March 24, and the Truist Utilities, Midstream & Alternative Energy Summit on March 25. Presentation slides will be available on the Enterprise website under the Investors tab. As a leading North American midstream energy provider, Enterprise manages extensive pipeline and storage assets, ensuring efficient service delivery across the energy sector.
Enterprise Products Partners L.P. (NYSE: EPD) has entered into a power purchase agreement for the Space City Solar Project in Wharton County, Texas, securing 100 MWac / 132 MWdc. This project aims for a total capacity of 345 MWac / 455 MWdc, with construction commencing in Summer 2021 and electricity delivery expected in Summer 2022. The initiative is projected to create around 300 jobs and generate over $30 million in local tax revenue. The project emphasizes environmental responsibility with the use of high-efficiency bifacial solar PV modules.
Enterprise Products Partners L.P. (NYSE: EPD) has filed its Annual Report on Form 10-K for the year ended December 31, 2020, with the SEC. This report is accessible on the company’s website at www.enterpriseproducts.com. The partnership is among the largest publicly traded entities, offering extensive midstream energy services including natural gas gathering, transportation, and storage. Their infrastructure includes approximately 50,000 miles of pipelines and significant storage capacity for various energy products.
Enterprise Products Partners L.P. (NYSE:EPD) announced the availability of its 2020 tax packages, including schedule K-1s, accessible online. Mailings are expected to commence today and conclude by March 5, 2021. Unitholders can reach K-1 Tax Package Support at (800) 599-9985 during weekdays from 8 a.m. to 5 p.m. CT. As a major publicly traded partnership, Enterprise offers midstream energy services across a range of products including natural gas, NGLs, and crude oil, with extensive assets such as 50,000 miles of pipelines and 260 million barrels of storage capacity.
Enterprise Products Partners L.P. (NYSE: EPD) has announced plans to host virtual investor meetings at several upcoming conferences. These include the Barclays Midstream & Clean Infrastructure Corporate Access Days and the THRIVE Energy Conference on February 25, 2021, followed by the Morgan Stanley Energy & Power Conference on March 1, 2021, and the Credit Suisse Energy Summit on March 3, 2021. Slides used during these meetings will be available on the company's website under the Investors tab, providing insights into their extensive midstream energy services and assets.
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