Enterprise Products Partners (EPD) Tops Q2 EPS by 2c

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Go back to Enterprise Products Partners (EPD) Tops Q2 EPS by 2c

Enterprise Reports Results for Second Quarter 2022

August 3, 2022 6:00 AM EDT

HOUSTON--(BUSINESS WIRE)-- Enterprise Products Partners L.P. (Enterprise) (NYSE: EPD) today announced its financial results for the three and six months ended June 30, 2022.

Enterprise reported record net income attributable to common unitholders of $1.4 billion, or $0.64 per unit on a fully diluted basis, for the second quarter of 2022, compared to $1.1 billion, or $0.50 per unit on a fully diluted basis, for the second quarter of 2021.

Distributable Cash Flow (DCF), excluding proceeds from asset sales, increased 30 percent to a record $2.0 billion for the second quarter of 2022 compared to $1.6 billion for the second quarter of 2021.... More