Enterprise Products Partners (EPD) Misses Q4 Revenues

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Enterprise Reports 2020 Results

February 3, 2021 6:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2020.

Year Ended 2020 Results

Enterprise reported net income attributable to common unitholders for 2020 of $3.8 billion, or $1.71 per unit on a fully diluted basis, compared to $4.6 billion, or $2.09 per unit on a fully diluted basis for 2019. Net income for 2020 and 2019 was reduced by non-cash, asset impairment and related charges of approximately $891 million, or $0.40 per fully diluted unit, and $133 million, or $0.06 per fully diluted unit, respectively. The... More