---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-023186"
form_type: "8-K"
ticker: "EPD"
cik: "0001061219"
company_name: "ENTERPRISE PRODUCTS PARTNERS L.P."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T03:57:07.739088+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enterprise Q1 net income $1.5B, up 5% YoY; distribution raised 5.1% to $0.515/unit

## Summary
- Net income $1.5B ($0.66/unit diluted) vs $1.4B ($0.63) in Q1 2023, up 5%.
- DCF $1.9B, distribution $0.515/unit (+5.1% YoY), 1.7x coverage; $40M unit buyback in Q1.
- Gross operating margin $2.5B (+7% YoY); record marine terminal volumes 2.3M BPD.
- Growth capex guided $3.25-3.75B for 2024-2025; Leonidas, Mentone 3, Texas Western Phase 1 placed in service.
- NGL Pipelines & Services margin $1.3B (+10%) on new assets and higher fractionation volumes.

## SEC filing metadata
- accession: 0001140361-24-023186
- form_type: 8-K
- ticker: EPD
- cik: 0001061219
- company_name: ENTERPRISE PRODUCTS PARTNERS L.P.
- filed_at: 2024-04-30T23:59:59+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/1061219/000114036124023186/0001140361-24-023186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1061219/000114036124023186/epdform8k_04302024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-023186
- JSON: https://secwatch.observer/filing/0001140361-24-023186.json
- Plain text: https://secwatch.observer/filing/0001140361-24-023186.txt

## Key facts
- Earnings Releases
  ENTERPRISE PRODUCTS PARTNERS L.P. reported three months ended March 31, 2024 results: net income $ 1.5 billion, EPS $ 0.66 per unit on a fully diluted basis.
  - Period: three months ended March 31, 2024
  - Net income: $ 1.5 billion
  - EPS: $ 0.66 per unit on a fully diluted basis
  - Result: reported results
  source text: Enterprise reported net income attributable to common unitholders of $ 1.5 billion, or $ 0.66 per unit on a fully diluted basis, for the first quarter of 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1061219/000114036124023186/0001140361-24-023186-index.htm
- Earnings Releases
  ENTERPRISE PRODUCTS PARTNERS L.P. reported three months ended March 31, 2023 results: net income $ 1.4 billion, EPS $ 0.63 per unit on a fully diluted basis.
  - Period: three months ended March 31, 2023
  - Net income: $ 1.4 billion
  - EPS: $ 0.63 per unit on a fully diluted basis
  - Result: reported results
  source text: compared to $ 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/1061219/000114036124023186/0001140361-24-023186-index.htm

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