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.
Enterprise Products Partners L.P. (EPD) provides essential midstream energy services through its North American network of pipelines, processing facilities, and storage terminals. This page aggregates official company announcements and third-party analysis covering strategic developments across the hydrocarbon value chain.
Investors and industry professionals will find timely updates on earnings reports, infrastructure expansions, and operational milestones. Our curated news selection focuses on EPD's core activities in natural gas liquids (NGLs) transportation, crude oil logistics, and petrochemical processing.
The repository includes press releases about contract renewals, safety initiatives, and regulatory compliance alongside market commentary. Bookmark this page for streamlined access to EPD's financial disclosures, partnership announcements, and leadership updates.
Enterprise Products Partners L.P. (NYSE: EPD) reported a strong financial performance for Q3 2022, with net income of $1.4 billion, or $0.62 per unit, up from $1.2 billion, or $0.52 per unit in Q3 2021. Distributable Cash Flow (DCF) rose 16% to $1.9 billion, providing 1.8x coverage of the distribution. The company declared a 5.6% increase in distributions to $0.475 per unit. Capital expenditures reached $474 million, with continued growth in pipeline transportation volumes. However, gross operating margin from the propylene business decreased by $149 million.
Intercontinental Exchange (NYSE: ICE) has launched real-time physical crude pricing in partnership with Link Data Services, enhancing transparency in the North American crude market. The live pricing covers 12 oil grades traded in key locations, including Cushing, Oklahoma, and the Gulf Coast. The initiative aims to offer global market participants reliable pricing data. The partnership follows the successful introduction of the HOU futures contract, which has seen significant trading volumes and liquidity growth since its inception in January 2022.
Enterprise Products Partners L.P. (NYSE: EPD) announced a quarterly cash distribution of $0.475 per unit for Q3 2022, totaling $1.90 annually, marking a 5.6% increase from Q3 2021. The distribution will be paid on Nov 14, 2022, to unitholders of record by Oct 31, 2022. This marks the 24th consecutive year of distribution growth. The company repurchased approximately $95 million in common units during Q3 2022, totaling $130 million for the year, utilizing 31% of its $2 billion buyback program.
Enterprise Products Partners L.P. (NYSE: EPD) will engage in virtual one-on-one meetings at the Wolfe Research Utilities, Midstream & Clean Energy Conference on September 30, 2022. Investors can access the latest investor presentation on the company’s website. Enterprise Products is a major North American provider of midstream energy services, managing over 50,000 miles of pipelines and more than 260 million barrels of storage capacity for various energy products. They offer diverse services including natural gas processing, transportation, and marine terminal operations.
Enterprise Products Partners L.P. (NYSE: EPD) will hold a special unitholders meeting on November 22, 2022, at 8:00 a.m. CT in Houston, Texas. Unitholders of record as of October 11, 2022 will vote on amendments to the 2008 Long-Term Incentive Plan and the EPD Unit Purchase Plan. Proxy statements will be mailed around October 24, 2022. As a significant midstream energy services provider, EPD's capabilities include extensive pipeline networks and storage facilities across North America.
Enterprise Products Partners L.P. (NYSE: EPD) will present and hold investor meetings at the Barclays CEO Energy–Power Conference on September 6-7, 2022 in New York City. The presentation is scheduled for 1:15 p.m. ET on September 6, with slides available on the company's website. Enterprise is a leading provider of midstream energy services in North America, managing over 50,000 miles of pipelines and more than 260 million barrels of storage capacity for various energy products.
Enterprise Products Partners L.P. (NYSE: EPD) has announced the availability of its 2021 Schedule K-3, detailing international tax relevance for unitholders. This information can be accessed online at www.taxpackagesupport.com/enterprise. While the Schedule K-3 is essential for some investors, especially foreign unitholders, Enterprise will not mail copies. Interested unitholders can request an electronic copy by contacting Tax Package Support. The partnership is a major provider of midstream energy services in North America.
Enterprise Products Partners L.P. (NYSE: EPD) will host investor meetings at two key conferences in August 2022. The first is the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, NV, on August 16-17, followed by the BofA Securities August Energy Summit in Houston, TX, on August 23. Investors can access the latest presentation deck on Enterprise's website starting August 16. Enterprise is a major player in midstream energy services, managing extensive pipelines and storage capabilities across North America.