Enterprise Products Q2 net income $1.4B ($0.64/unit), up 12% YoY; record NGL fractionation

ENTERPRISE PRODUCTS PARTNERS L.P.

Revenue $13.5B (+27% YoY); net income $1.4B, EPS $0.64 vs $0.57. DCF $1.8B, 1.6x coverage.
NGL Pipelines & Services gross margin $1.325B (+$215M); NGL fractionation record 1.6M BPD (+18%).
Distribution declared $0.525/unit (+5% YoY); repurchased $40M common units in Q2.
Growth capex outlook $3.5-3.75B for 2024, $3.25-3.75B for 2025; sustaining capex $600M.
Announces fourth refrigeration train at EHT to boost LPG export capacity by ~300 MBPD by end of 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.