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Enterprise Products Partners Beats Q3 Estimates on EPS and Revenue

GAAP earnings per share reached $0.75, while Permian Basin natural gas and natural gas liquids volumes grew.

Pipes and separator towers at a Permian Basin gas facility / TokenPost.ai
Pipes and separator towers at a Permian Basin gas facility / TokenPost.ai

Enterprise Products Partners L.P. (EPD) posted third-quarter GAAP earnings and revenue above estimates as Permian Basin natural gas and natural gas liquids volumes grew during the quarter.

GAAP earnings per share were $0.75, beating estimates by $0.03. Revenue totaled $17.95 billion, exceeding estimates by $2.97 billion.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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