Enterprise Products 4Q Up on Higher Natural-Gas Pipeline Volumes

Dow Jones

Feb 04, 2025

By Rob Curran

Enterprise Products Partners posted fourth-quarter net income growth amid higher volumes on its natural-gas pipeline networks.

The Houston-based pipeline company posted earnings of $1.63 billion, or 74 cents a unit, up from $1.60 billion, or 72 cents a unit, a year earlier. On average, analysts ahd targeted earnings of 70 cents a unit, as per FactSet.

Revenue fell 2.9% to $14.20 billion, topping the average analyst target of $14.01 billion, according to FactSet. The company cited investments in its Permian Basin pipelines and downstream infrastructure for increased volumes.

At its natural-gas-liquids pipeline and services unit, gross operating margin rose 12% to $1.5 billion, on higher volumes.

Gross operating margin at the natural-gas pipel323 million, as natural gas transportation volumes expanded by 5%. Gross operating margin at the crude-oil pipeline and services unit fell 8.6% to $417 million as volumes fell slightly. Gross operating margin at the petrochemical and refined products fell 21% to $348 million, despite an increase in volumes. ine and services unit rose 13% to $

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 04, 2025 06:43 ET (11:43 GMT)

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Gross operating margin at the petrochemical and refined products fell 21% to $348 million, despite an increase in volumes.   ine and services unit rose 13% to $ \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 06:43 ET (11:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EPD","symbol_name":"Enterprise Products Partners L.P","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508437002","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508437002","pubTimestamp":1738669380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Enterprise Products Partners posted fourth-quarter net income growth amid higher volumes on its natural-gas pipeline networks.The Houston-based pipeline company posted earnings of $1.63 billion, or 74 cents a unit, up from $1.60 billion, or 72 cents a unit, a year earlier. 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Gross operating margin at the petrochemical and refined products fe","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EPD":"Enterprise Products Partners L.P","BK4144":"石油与天然气的储存和运输","LU1150488218.USD":"First Eagle Amundi Income Builder AU2-MD USD","LU1150488135.SGD":"First Eagle Amundi Income Builder AHS-MD SGD-H","BK4588":"碎股","BK4590":"PTP","BK4561":"索罗斯持仓","BK4585":"ETF&股票定投概念"},"translate_title":"企业产品第四季度因天然气管道量增加而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EPD":0.9},"content_text":"By Rob Curran \n\n\n \n\n\n  Enterprise Products Partners posted fourth-quarter net income growth amid higher volumes on its natural-gas pipeline networks. \n\n\n  The Houston-based pipeline company posted earnings of $1.63 billion, or 74 cents a unit, up from $1.60 billion, or 72 cents a unit, a year earlier. On average, analysts ahd targeted earnings of 70 cents a unit, as per FactSet. \n\n\n  Revenue fell 2.9% to $14.20 billion, topping the average analyst target of $14.01 billion, according to FactSet. The company cited investments in its Permian Basin pipelines and downstream infrastructure for increased volumes. \n\n\n  At its natural-gas-liquids pipeline and services unit, gross operating margin rose 12% to $1.5 billion, on higher volumes. \n\n\n  Gross operating margin at the natural-gas pipel323 million, as natural gas transportation volumes expanded by 5%. Gross operating margin at the crude-oil pipeline and services unit fell 8.6% to $417 million as volumes fell slightly. Gross operating margin at the petrochemical and refined products fell 21% to $348 million, despite an increase in volumes.   ine and services unit rose 13% to $ \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2025 06:43 ET (11:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}