Enterprise Products Partners (EPD) Misses Q2 EPS by 2c, Misses on Revenue

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Enterprise Reports Results for Second Quarter 2023

August 1, 2023 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, 2023.

Enterprise reported net income attributable to common unitholders of $1.3 billion, or $0.57 per unit on a fully diluted basis, for the second quarter of 2023, compared to $1.4 billion, or $0.64 per unit on a fully diluted basis, for the second quarter of 2022.

Distributable Cash Flow (DCF) was $1.7 billion for the second quarter of 2023 compared to $2.0 billion for the second quarter of 2022. Distributions declared with respect to the second quarter of 2023 increased 5.3... More