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.
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Enterprise Products Partners L.P. (NYSE: EPD) announced a quarterly cash distribution of $0.49 per unit for Q1 2023, equating to an annualized rate of $1.96. This represents a 5.4% increase compared to Q1 2022. The distribution will be paid on May 12, 2023, to unitholders on record as of April 28, 2023. In Q1 2023, Enterprise repurchased 0.7 million units for $17.0 million, utilizing 37% of its $2.0 billion buyback program. Earnings will be announced on May 2, 2023, followed by a conference call at 9 a.m. CT.
Enterprise Products Partners L.P. (NYSE: EPD) announced it will host investor one-on-one meetings at the J.P. Morgan Midwest Utilities & Midstream 1x1 Forum on April 6, 2023 in Chicago, Illinois. The latest investor deck for these meetings is available on the company's website. As a major publicly traded partnership, Enterprise Products offers extensive midstream energy services across North America, including the transportation and storage of natural gas, crude oil, and petrochemicals. The partnership boasts over 50,000 miles of pipelines and 260 million barrels of storage capacity.
Enterprise Products Partners L.P. (NYSE: EPD) will hold its annual investor and securities analyst day on March 29, 2023, at 8 a.m. CDT in Houston. The event will be accessible via a live webcast on the company’s website, including slides for attendees.
Enterprise Products is a major midstream energy service provider in North America, offering various services such as natural gas gathering, transportation, and storage, as well as NGL and crude oil services. The company boasts over 50,000 miles of pipelines and 260 million barrels of storage capacity. For more details, visit www.enterpriseproducts.com.
Enterprise Products Partners L.P. (NYSE: EPD) has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission. The report, which details the partnership's operations as a leading provider of midstream energy services, is available on its website. EPD operates extensive pipeline networks and storage facilities across North America, covering over 50,000 miles of pipelines and more than 260 million barrels of storage capacity for various energy products. Additionally, interested parties can request hard copies of the report free of charge.
Enterprise Products Partners L.P. (NYSE:EPD) has made its 2022 tax packages, including schedule K-1s, available online. Unitholders can access their tax documents through the K-1 Tax Package Support website at www.taxpackagesupport.com/enterprise. The company expects to start mailing the tax packages today and finish by March 6, 2023. As a leading midstream energy service provider, Enterprise operates over 50,000 miles of pipelines and has significant storage capacity for natural gas, NGLs, and crude oil.
Enterprise Products Partners L.P. (NYSE: EPD) has announced its participation in several upcoming investor conferences in February and March 2023. Key events include the THRIVE Energy Conference on February 23, Barclays Select Series on February 27, and the Morgan Stanley Global Energy and Power Conference on March 2. The partnership, a leader in midstream energy services, operates over 50,000 miles of pipelines and has significant storage capacities for natural gas and NGLs. For further details, the investor deck is available on their website under the Investors tab.
Enterprise Products Partners reported robust financial results for the year and quarter ending December 31, 2022. Net income surged to $5.5 billion, or $2.50 per unit, up from $4.6 billion in 2021. Distributable Cash Flow (DCF) increased by 17% to $7.8 billion, with a distribution growth of 5% to $1.905 per common unit, marking 24 consecutive years of increases. The company’s significant financial maneuvers included a $250 million unit buyback and $3.6 billion in retained DCF for reinvestment. Record operating margins were driven by increased pipeline volumes and successful acquisitions, evidencing a strong operational performance and outlook for 2023.
Enterprise Products Partners L.P. (NYSE: EPD) announced a quarterly cash distribution of
Enterprise Products Partners L.P. (NYSE: EPD) announced a public offering of $1.75 billion in senior notes, comprised of $750 million due January 10, 2026, and $1.0 billion due January 31, 2033. The company plans to use the net proceeds for general corporate purposes and debt repayment, including $1.25 billion in Senior Notes HH maturing in March 2023. The Senior Notes FFF will carry a 5.05% coupon, while Senior Notes GGG will have a 5.35% coupon. Settlement is expected on January 10, 2023.
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