Enterprise Products Crushes Q2 Estimates on Record Volumes, Raises Capex Outlook
EPD sits 29% above its 52-week low of $30.01.
Summary
Enterprise Products delivered a broad Q2 beat with revenue of $18.27B, EPS of $0.84, and adjusted EBITDA of $2.83B — all well above consensus. Record pipeline and marine terminal volumes, driven by strong international demand, powered the outperformance. The company also repurchased $159M in units and set 2026 growth capex at $2.9-$3.4B net of asset sale proceeds, signaling confidence in continued expansion. This follows the 8-K filed yesterday that highlighted record earnings and a new $1B credit facility, but today's report adds the specific beats and operational drivers. With the stock near its 52-week high, the results reinforce the bull case for midstream energy.
At the time of this announcement, EPD was trading at $38.84 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $83.7B. The 52-week trading range was $30.01 to $40.17. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.