Enterprise Products Partners reported FY 2025 results with revenues of USD 52.6 billion and operating income of USD 7.3 billion. Net income attributable to common unitholders was USD 5.8 billion, while net cash flow provided by operating activities was USD 8.6 billion. Distributable cash flow $(DCF)$ was USD 8.0 billion and operational DCF was USD 7.9 billion, supporting a FY 2025 distribution coverage ratio of 1.7x; cash distributions paid to common unitholders totaled USD 4.8 billion and the cash distribution declared with respect to FY 2025 was USD 2.1750 per common unit. Total segment gross operating margin (non-GAAP) was USD 10.0 billion. For FY 2025, Enterprise Products Partners’ gross operating margin by segment was USD 5.6 billion for NGL Pipelines & Services, USD 1.5 billion for Crude Oil Pipelines & Services, USD 1.6 billion for Natural Gas Pipelines & Services, and USD 1.4 billion for Petrochemical & Refined Products Services. Selected volumes included NGL pipeline transportation of 4,646 MBPD, NGL fractionation of 1,706 MBPD, crude oil pipeline transportation of 2,578 MBPD, and natural gas pipeline transportation of 20,704 BBtus/d. Corporate and operating updates for the period included the December 2025 sale of a 40% interest in the 550-mile Bahia NGL Pipeline to ExxonMobil for approximately USD 655 million in cash proceeds; the pipeline entered commercial operations in December 2025 with initial capacity of up to 600 MBPD, with plans to expand capacity to 1.0 MMBPD and add a 92-mile Cowboy Extension targeted for completion in Q4 2027. Enterprise Products Partners also placed into service the first phase of the Neches River Ethane/Propane Export Facility in July 2025, including an ethane refrigeration train with nameplate capacity of 120 MBPD, with a second phase expected in H1 2026. In July 2025, the partnership also placed the Mentone West 1 natural gas processing train (Delaware Basin) and the Orion processing train (Midland Basin) into commercial service, each capable of processing over 300 MMcf/d and extracting more than 40 MBPD of NGLs, and announced a ninth Midland Basin processing train (Athena) expected to begin service in Q4 2026. Enterprise Products Partners repurchased 9,496,536 common units for USD 300 million under its 2019 Buyback Program during FY 2025, and increased the program’s authorization to USD 5.0 billion, with USD 3.6 billion remaining capacity as of December 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001061219-26-000006), on February 27, 2026, and is solely responsible for the information contained therein.