Enterprise Products Partners (EPD) Tops Q1 EPS by 13c, Revenues Beat

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Go back to Enterprise Products Partners (EPD) Tops Q1 EPS by 13c, Revenues Beat

Enterprise Reports First Quarter 2021 Earnings

May 3, 2021 6:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2021.

Enterprise reported net income attributable to common unitholders of $1.3 billion, or $0.61 per unit on a fully diluted basis, for the first quarter of 2021, compared to $1.4 billion, or $0.61 per unit on a fully diluted basis, for the first quarter of 2020. Net income for the first quarter of 2021 was reduced by non-cash, asset impairment charges of approximately $66 million, or $0.03 per fully diluted unit. The impairment charges include $43 million related to our coal... More