---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-022246"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:33:51.544572+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EPD Q1 net income $1.4B ($0.63/unit) vs $1.3B ($0.59); DCF up 5.5% to $1.9B

## Summary
- Net income attributable to common unitholders $1.4B for Q1 2023, up from $1.3B in Q1 2022.
- Distributable cash flow $1.9B (+5.5% YoY); distribution declared $0.49/unit (+5.4% YoY).
- Record NGL pipeline volumes 4.0M BPD; natural gas pipeline volumes 18.0 TBtu/d; fee-based gas processing 5.5 Bcf/d.
- Total gross operating margin $2.3B flat on record segment volumes; NGL Pipelines segment record gross margin $690M.
- 2023 organic growth capex guided $2.4-2.8B; PDH 2, Acadian expansion, 12th fractionator on schedule.

## SEC filing metadata
- accession: 0001140361-23-022246
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2023-05-02T23:59:59+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/1061219/000114036123022246/0001140361-23-022246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000114036123022246/epdform8k_05022023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-022246
- JSON: https://secwatch.observer/filing/0001140361-23-022246.json
- Plain text: https://secwatch.observer/filing/0001140361-23-022246.txt

## Key facts
- Earnings Releases
  ENTERPRISE PRODUCTS PARTNERS L.P. reported the three months ended March 31, 2023 results: net income $1.4 billion, or $0.63 per unit on a fully diluted basis, EPS $0.63 per unit on a fully diluted basis.
  - Period: the three months ended March 31, 2023
  - Net income: $1.4 billion, or $0.63 per unit on a fully diluted basis
  - EPS: $0.63 per unit on a fully diluted basis
  - Result: reported results
  source text: Enterprise reported net income attributable to common unitholders of $1.4 billion, or $0.63 per unit on a fully diluted basis, for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061219/000114036123022246/0001140361-23-022246-index.htm

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