Enterprise Products reported Q1 2026 revenue of $14.39 bn, topping the $13.58 bn estimate despite a 6.7% YoY decline.
Adjusted earnings per unit fell to $0.68, missing consensus $0.71 by $0.03, while operating income rose 8% YoY to $1.9 bn.
Enterprise declared a $0.55 per unit quarterly distribution (2.20 annualized), a 2.8% YoY increase, and generated $2.1 bn cash flow covering distributions 1.8x.
The firm plans two new 300 MMcf/d gas plants in the Permian for 2027 and projects 2026 growth capex of $2.3‑$2.6 bn.