Enterprise Products Partners reports Q2 results July 30, with Q1 EBITDA up 10% to $2.7 billion and cash flow covering distributions 1.8 times.
Enterprise Products Partners will release second-quarter earnings on July 30, following a strong first quarter. Adjusted EBITDA increased 10% year-over-year to $2.7 billion, while cash flow from operations rose 10% to $2.3 billion.
In Q1, the company generated $2.1 billion in distributable cash flow, covering its 5.9% yield distribution 1.8 times. It retained $1.5 billion for expansion projects, targeting $2.3 billion-$2.6 billion in 2026, and repurchased $275 million in units year-to-date.
The MLP also raised its second-quarter distribution by 2.8% compared to the prior-year period, reflecting operational strength and record-setting performance across 12 metrics.