Quarterly ResultMay 7, 2026, 01:11 PM
Enterprise Products Q1 Net Income $1.48B; EPS $0.68
AI Summary
Enterprise Products Partners L.P. reported increased net income and earnings per unit for the first quarter ended March 31, 2026. Net income attributable to common unitholders rose to $1.48 billion, or $0.68 per common unit, compared to $1.39 billion, or $0.64 per common unit, in the prior year. Total revenues, however, decreased to $14.39 billion from $15.42 billion. The company also repurchased $116 million in common units under its buyback program, which has a remaining capacity of $3.4 billion.
Key Highlights
- Net income attributable to common unitholders rose to $1.48 billion in Q1 2026.
- Basic and diluted earnings per common unit increased to $0.68 for Q1 2026.
- Total revenues for Q1 2026 were $14.39 billion, down from $15.42 billion in Q1 2025.
- Operating income for Q1 2026 increased to $1.90 billion from $1.76 billion year-over-year.
- Net cash flow from operating activities was $1.47 billion in Q1 2026.
- Capital expenditures totaled $983 million for the first quarter of 2026.
- Repurchased $116 million of common units under the 2019 Buyback Program.
- Remaining capacity under the buyback program is $3.4 billion as of March 31, 2026.