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Houston - Oct. 30, 2025 Enterprise Products Partners L.P. ("Enterprise") (NYSE: EPD) today announced its financial results for the three and nine months ended September 30, 2025. Enterprise reported net income attributable to common unitholders of $1.3 billion and $1.4 billion for the third quarters of 2025 and 2024, respectively. On a fully diluted basis, net income attributable to common unitholders was $0.61 per common unit for the third quarter of 2025, compared to $0.65 per common unit for the third quarter of 2024. Distributable Cash Flow ("DCF") was $1.8 billion for the third quarter of 2025, compared to $2.0 billion for the third quarter of 2024. Distributions declared with respect to the third quarter of 2025 increased 3.8 percent to $0.545 per common unit, or $2.18 per common unit annualized, compared to distributions declared for the third quarter of 2024. DCF provided 1.5 times coverage of the distribution declared for the third quarter of this year. Enterprise retained $635 million of DCF. Adjusted cash flow from operations ("Adjusted CFFO") was $2.1 billion for both the third quarters of 2025 and 2024. Adjusted CFFO was $8.6 billion for the twelve months ended September 30, 2025. Enterprise repurchased approximately $80 million of its common units in the third quarter of 2025. Enterprise's payout ratio, comprised of distributions to common unitholders and partnership common unit buybacks, for the twelve months ended September 30, 2025, was 58 percent of Adjusted CFFO. Total capital investments were $2.0 billion in the third quarter of 2025, which included $1.2 billion for growth capital projects, $583 million for the acquisition of natural gas gathering systems from Occidental in the Midland Basin, and $198 million of sustaining capital expenditures. Expectations for organic growth capital investments are approximately $4.5 billion in 2025, and $2.2 billion to $2.5 billion in 2026. Sustaining capital expenditures are expected to total approximately $525 million in 2025. Today, Enterprise announced that the board of directors of its general partner has increased the authorized maximum size of the partnership's common unit buyback program from $2.0 billion to $5.0 billion. After giving effect to this increase, the remaining available capacity under the buyback program is $3.6 billion. This multi-year buyback program provides the partnership with an additional method to return capital to investors. Total debt principal outstanding at September 30, 2025 was $33.9 billion. At September 30, 2025, Enterprise had consolidated liquidity of approximately $3.6 billion, comprised of available borrowing capacity under its revolving credit facilities and unrestricted cash on hand. Full report Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. The partnership's assets include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information. Enterprise Products Partners L.P. press release
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