Enterprise Products Partners (EPD) Tops Q4 EPS by 9c, Revenues Miss
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Enterprise Reports Record 2018 Results
January 31, 2019 6:05 AM ESTHOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2018.
Enterprise reported record net income attributable to limited partners for 2018 of $4.2 billion, or $1.91 per unit on a fully diluted basis, which represents a 47 percent increase compared to $1.30 per unit on a fully diluted basis for 2017. Net cash flow provided by operating activities (referred to in this press release as cash flow from operations or CFFO) for 2018 increased 31 percent to a record $6.1 billion. Free cash flow, which is defined as... More
