---
schema_version: "secwatch.filing_event.v1"
accession: "0001061219-26-000002"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:15:11.419592+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001061219-26-000002
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061219/000106121926000002/0001061219-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000106121926000002/epd-20260203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001061219-26-000002
- JSON: https://secwatch.observer/filing/0001061219-26-000002.json
- Plain text: https://secwatch.observer/filing/0001061219-26-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.