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Enterprise Products Partners posts record Q2 with 28% net income growth and raised capex guidance.

Company Fundamentals
31 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Enterprise Products Partners reported a strong Q2 performance, with net income rising 28% and adjusted EBITDA up 17% year-over-year, driven by higher volumes and international demand, especially in NGL exports. The company raised its growth capital expenditure guidance to $2.9–$3.4 billion and maintains a solid distribution coverage ratio of 1.9x, offering a 5.85% yield and a payout ratio of 56% of adjusted cash flow from operations. Trading at 10.71x EBITDA, EPD benefits from secular growth trends, low economic correlation, and a history of tax-efficient, compounding returns, making it attractive for income-focused investors.

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