More capacity coming: another $3.5 billion of projects now under construction will go into service in 2019
Houston’s Enterprise Products Partners L.P. (stock ticker: EPD, $EPD) reported record net income attributable to limited partners of $1.3 billion, or $0.57 per unit on a fully diluted basis for Q1 2019.

2018’s Q1 net income came in at $901 million, or $0.41 per unit on a fully diluted basis, for comparison. The company said cash flow from operations was $1.2 billion for both the first quarters of 2019 and 2018. Both Adjusted EBITDA and DCF, which exclude the effects of non-cash, mark-to-market earnings, increased 18% to $2.0 billion and $1.6 billion, respectively, the company said.

Jim Teague, CEO of Enterprise’s general partner...


Legal Notice