Enterprise Products Partners (EPD) Tops Q1 EPS by 9c, Revenues Miss
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Enterprise Reports Record Results for First Quarter 2019
May 1, 2019 6:00 AM EDTHOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2019.
Enterprise reported record net income attributable to limited partners of $1.3 billion, or $0.57 per unit on a fully diluted basis, for the first quarter of 2019 compared to $901 million, or $0.41 per unit on a fully diluted basis, for the first quarter of 2018. Net cash flow provided by operating activities (referred to in this press release as cash flow from operations or CFFO) was $1.2 billion for both the first quarters of 2019 and 2018. Enterprise used $560 million of... More
