Enterprise Products Partners LP (NYSE: EPD) reported record-setting financial results for the second quarter of 2026. Net income reached $1.8 billion, or $0.84 per diluted unit. This performance represents a 28% year-over-year increase. The results surpassed the analyst consensus estimate of $0.75 per share. Revenue totaled $18.27 billion, significantly exceeding the $13.6 billion forecast.
Record operational volumes across the company's portfolio drove the growth. Marine terminal volumes surged by 33%. Pipeline volumes increased by 8%. Adjusted EBITDA rose 17% to a record $2.8 billion. Operational distributable cash flow (DCF) grew 21% to a record $2.3 billion.
The company maintained a 1.9 times coverage ratio for its quarterly distribution. Enterprise Products retained $1.1 billion of cash flow for growth projects and unit buybacks. Management also announced plans to initiate several new growth projects.