---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-003420"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2022-02-01T23:59:59+00:00"
generated_at: "2026-06-27T12:46:44.949801+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enterprise Products reports record 2021 earnings; net income $4.6B, distribution up 3.3%

## Summary
- Net income $4.6B ($2.10 diluted EPS) vs $3.8B ($1.71) in 2020; 2021 adj. DCF $6.6B, coverage 1.7x.
- Q4 cash distribution increased 3.3% to $0.465/unit, marking 23rd consecutive year of distribution growth.
- Full-year FCF $6.3B (up from $2.7B); 2022 growth capex guided ~$1.5B, sustaining ~$350M.
- Announced acquisition of Navitas Midstream to enter Midland basin; expected close Q1 2022.
- Record 2021 volumes: ethane exports (171 MBPD), natural gas transport (14.6 TBtu/d), propylene production.

## SEC filing metadata
- accession: 0001140361-22-003420
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2022-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061219/000114036122003420/0001140361-22-003420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000114036122003420/epdform8k_02012022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-003420
- JSON: https://secwatch.observer/filing/0001140361-22-003420.json
- Plain text: https://secwatch.observer/filing/0001140361-22-003420.txt

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