Here are the 8-K filings from Enterprise Prds PFD UT A (EPDU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow EPDU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EPDU filings page.
Enterprise Products Partners reported record second-quarter 2026 results. Net income attributable to common unitholders was $1.8 billion, or $0.84 per diluted common unit, up 28% year over year. Adjusted EBITDA reached a record $2.8 billion, up 17%. Operational DCF was a record $2.3 billion, up 21%, providing 1.9x coverage of the 2Q 2026 cash distribution and allowing $1.1 billion to be retained. Adjusted CFFO was a record $2.5 billion, up 19%. Distributions declared were $0.56 per common unit, or $2.24 annualized, up 2.8%. Over the 12 months ended June 30, 2026, the payout ratio, including buybacks, was 56% of Adjusted CFFO, with $159 million of Q2 unit repurchases and $405 million over 12 months under a $5.0 billion program.
Operationally, equivalent pipeline volumes set a record at 14.7 MMBPD, up 8%, and marine terminal volumes were a record 2.8 MMBPD, up 33%. Propylene production hit a record 134 MBPD. Capital investments in 2Q 2026 were $1.2 billion, including $1.0 billion for growth projects and $140 million for sustaining capital. Enterprise announced new projects: a 150 MBPD NGL fractionator (Frac 15) and two 300 MMcf/d gas processing plants, contributing to $6.5 billion of organic growth projects under construction. For 2026, growth capital spending is expected to be $2.9–$3.4 billion net of $599 million of asset-sale proceeds, plus $600 million of sustaining capital expenditures.
On the financing side, on July 28, 2026, subsidiary Enterprise Products Operating LLC entered into an Additional Revolving Credit Agreement providing up to $1.0 billion of unsecured, variable-rate borrowing capacity, in addition to $4.2 billion available under existing credit agreements. The facility is guaranteed by Enterprise Products Partners L.P., matures on March 26, 2027, carries rating-dependent interest spreads and facility fees, and includes customary covenants and events of default. It restricts cash distributions from EPO to the partnership during continuing events of default.
Enterprise Products Partners L.P. announced a planned leadership transition. A.J. “Jim” Teague, co-chief executive officer of the general partner, intends to retire effective January 4, 2027. W. Randall “Randy” Fowler, currently co-chief executive officer and long-time executive, will become chief executive officer upon Teague’s retirement.
The general partner will also expand its Office of the Chairman to include non-executive chairman Randa Duncan Williams, vice chairman Richard H. “Hank” Bachmann, incoming CEO Fowler, chief commercial officer Michael C. “Tug” Hanley and chief financial officer R. Daniel Boss, supporting continuity in oversight and senior management.
Enterprise Products Operating LLC, the operating subsidiary of Enterprise Products Partners L.P., entered into a new 364-day revolving credit agreement allowing borrowings up to $1.5 billion, expandable to $1.7 billion if certain conditions are met. The unsecured facility carries a variable interest rate, matures on March 26, 2027, and may be converted to a one-year term loan payable on March 26, 2028. It replaces a prior 364-day revolver with the same $1.5 billion capacity and an earlier maturity. The partnership guarantees EPO’s obligations, and the agreement includes customary covenants, default provisions, and limits on distributions during an event of default. As of March 27, 2026, EPO reports no borrowings outstanding under its revolving credit facilities.
Enterprise Products Partners L.P. reported that the closing of ExxonMobil’s acquisition of a 40-percent undivided joint interest in Enterprise’s Bahia natural gas liquids pipeline has been completed as of December 15, 2025. This confirms that ExxonMobil now holds a significant ownership stake in the Bahia natural gas liquids pipeline alongside Enterprise.
Enterprise Products Partners L.P. (EPD) reported a leadership change in its commercial organization. The board of directors of the partnership’s general partner has elected Michael C. “Tug” Hanley as Executive Vice President and Chief Commercial Officer, effective December 1, 2025. This role typically oversees commercial strategy, customer relationships, and growth initiatives across the business.
The announcement was made through a press release dated November 20, 2025, which is included as Exhibit 99.1 to this report. No financial results, transactions, or changes to the partnership’s capital structure are described in this update; the focus is on senior management alignment for the company’s commercial activities.
Enterprise Products Partners L.P. (EPD) announced that it has executed an agreement for ExxonMobil to acquire a 40% undivided joint interest in Enterprise’s Bahia natural gas liquids pipeline. ExxonMobil will contribute its proportionate share of Bahia project costs to date, or approximately $650 million, subject to customary adjustments, with closing subject to regulatory approvals and expected by early 2026.
After closing, Enterprise and ExxonMobil plan to expand Bahia’s capacity by adding pumping capacity and building a 92‑mile extension to ExxonMobil’s Cowboy natural gas processing plant in Eddy County, New Mexico. ExxonMobil will own a 70% interest in this extension, which is expected to be completed in the fourth quarter of 2027, while Enterprise will operate the combined system.
Enterprise Products Partners L.P. completed a public reopening of investment-grade senior notes issued by Enterprise Products Operating LLC: $300.0 million of 4.30% notes due 2028, $600.0 million of 4.60% notes due 2031, and $750.0 million of 5.20% notes due 2036. The notes are guaranteed on an unsecured, unsubordinated basis by the Partnership and form single series with the original June 2025 issuances.
The notes carry typical make-whole provisions before their respective par call dates and are redeemable at par thereafter. According to the prospectus, net proceeds are expected to be used for general company purposes, growth capital and acquisitions, and to repay debt, including EPO’s $750.0 million 5.05% notes due January 2026, $875.0 million 3.70% notes due February 2026, and amounts under the commercial paper program.