---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-037141"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T16:46:45.492358+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Enterprise Q2 net income $1.3B ($0.57/unit), down 8% YoY; distribution up 5.3%

## Summary
- Net income $1.3B ($0.57/unit) vs $1.4B ($0.64/unit) in Q2 2022; DCF $1.7B vs $2.0B.
- Distribution increased 5.3% to $0.50/unit ($2.00 annualized); 1.6x DCF coverage; $639M retained.
- NGL Pipelines & Services gross margin fell to $1.1B from $1.3B due to 48% drop in NGL prices.
- Crude Oil Pipes up to $422M; Natural Gas up to $238M; Petrochemical & Refined down to $383M.
- Completed $2.5B of growth projects (PDH 2, 12th fractionator, Poseidon plant, Acadian expansion).

## SEC filing metadata
- accession: 0001140361-23-037141
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1061219/000114036123037141/0001140361-23-037141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000114036123037141/epdform8k_08012023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-037141
- JSON: https://secwatch.observer/filing/0001140361-23-037141.json
- Plain text: https://secwatch.observer/filing/0001140361-23-037141.txt

## Key facts
- Earnings Releases
  ENTERPRISE PRODUCTS PARTNERS L.P. reported the three and six months ended June 30, 2023 results: net income $1.3 billion, or $0.57 per unit on a fully diluted basis.
  - Period: the three and six months ended June 30, 2023
  - Net income: $1.3 billion, or $0.57 per unit on a fully diluted basis
  - Result: reported results
  source text: On August 1, 2023, Enterprise Products Partners L.P. (“Enterprise” or the “Partnership”) (NYSE:EPD) issued a press release announcing its financial and operating results for the three and six months ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061219/000114036123037141/0001140361-23-037141-index.htm

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