secwatch.observer — SEC 8-K summary
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Issuer:     ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)
CIK:        0001061219
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001140361-23-022246
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061219/000114036123022246/0001140361-23-022246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061219/000114036123022246/epdform8k_05022023.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-022246

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