---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-017072"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T01:52:55.239983+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enterprise Products Q1 net income $1.3B; record DCF $1.8B; Navitas acquisition adds $42M to NGL margin

## Summary
- Net income $1.33B ($0.59/unit) vs $1.36B ($0.61/unit) Q1 2021; adjusted EBITDA record $2.26B.
- Record distributable cash flow $1.84B vs $1.74B; distribution coverage 1.8x; distribution increased 3.3% to $0.465/unit.
- Acquired Navitas Midstream for $3.2B on Feb 17; contributed $42M to NGL processing margin; total capex $3.6B.
- NGL Pipelines & Services segment gross operating margin record $1.2B (+13%); Petrochemical & Refined Products up 44% to $404M.
- Natural Gas Pipelines & Services gross operating margin fell to $220M from $535M due to prior-year winter storm natural gas sales.

## SEC filing metadata
- accession: 0001140361-22-017072
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1061219/000114036122017072/0001140361-22-017072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000114036122017072/epdform8k_05022022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-017072
- JSON: https://secwatch.observer/filing/0001140361-22-017072.json
- Plain text: https://secwatch.observer/filing/0001140361-22-017072.txt

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