EPD Q4 net income $1.6B; record volumes; Bahia pipeline started Dec 2025

ENTERPRISE PRODUCTS PARTNERS L.P.

Q4 net income $1.6B ($0.75/unit) flat YoY; full year $5.8B ($2.66/unit) vs $5.9B in 2024.
Operational DCF $7.9B for 2025 same as 2024; distribution raised 3.6% to $2.175/unit; 27th consecutive annual increase.
Record operational volumes: NGL fractionation 1.9M BPD, natural gas processing 8.1 Bcf/d, total pipeline 14.1M BPD-equivalent.
Bahia NGL pipeline began service Dec 2025 (600 MBPD); sold 40% interest to ExxonMobil; expansion to 1M BPD by Q4 2027.
2026 organic growth capex guided $1.9-$2.3B; share repurchases $300M in 2025 ($50M Q4).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.