earnings
confidence high
sentiment positive
materiality 0.85
Enterprise Products reports record Q2 2026 net income $1.8B, up 28% YoY; new $1B credit facility
ENTERPRISE PRODUCTS PARTNERS L.P.
- Net income $1.8B ($0.84/diluted unit), up 28%; Adjusted EBITDA record $2.8B, up 17%.
- Record pipeline volumes 14.7 MMBPD (+8%) and marine terminal volumes 2.8 MMBPD (+33%).
- Operational DCF record $2.3B, 1.9x coverage; retained $1.1B for capex and buybacks.
- Announced new 150 MBPD NGL fractionator (Frac 15) and two 300 MMcf/d gas plants in Permian.
- Entered $1.0B revolving credit facility maturing March 2027; total capacity now $5.2B.