EPD on NYSE

Enterprise Products

Logo: Enterprise Products Partners L.P., Public domain, via Wikimedia Commons6

American fuel company

Enterprise Products Partners L.P. (NYSE: EPD) is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. They acquired GulfTerra in September 2004. The company ranked No. 89 in the 2026 Fortune 500 list of the largest United States corporations by total revenue.3 It was founded by Dan Duncan.1 Wikipedia text CC BY-SA 4.0

$36.83 up 1.25 (3.53%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

1968Founded1

Compare with Energy Transfer Equity, Targa Resources Corp. or Kinder Morgan, or pick any stock.

  • TickerEPD on NYSE1
  • Industrypetroleum industry1
  • HeadquartersHouston1
  • Websiteenterpriseproducts.com
  • Incorporated inDE7
  • Business address1100 Louisiana 10Th Floor, Houston, Tx 770027
  • Filer categoryLarge accelerated filer7
  • Legal formLimited Partnership4
  • Kind of organizationLimited partnership1
  • LEIK4CDIF4M54DJZ6TB4Q484
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 28829214

Enterprise Products Partners L.P. (NYSE: EPD) is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. They acquired GulfTerra in September 2004. The company ranked No. 89 in the 2026 Fortune 500 list of the largest United States corporations by total revenue. Dan Duncan was the majority owner until his death in 2010, when his heirs, including his widow and children inherited his stake.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

13.8%Operating margin10
11.0%Net margin10
-6.4%Revenue growth, 202510

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

NGL Pipelines and Services brought in 70% of the revenue Enterprise Products broke down this way in fiscal 2025.

  1. NGL Pipelines and Services$84.4B1070%up 22% from 2024
  2. Onshore Crude Oil Pipelines and Services$20.8B1017%down 4% from 2024
  3. Petrochemical and Refined Products Services$10.4B109%down 9% from 2024
  4. Onshore Natural Gas Pipelines and Services$5.1B104%up 40% from 2024
Business segments by year
Business segments202320242025
NGL Pipelines and Services$63.1B$69.1B$84.4B
Onshore Crude Oil Pipelines and Services$19.3B$21.6B$20.8B
Petrochemical and Refined Products Services$9.0B$11.4B$10.4B
Onshore Natural Gas Pipelines and Services$4.3B$3.7B$5.1B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue73¢$38.6B
  • Other costs16¢$8.2B
  • Income tax0¢$23.0M
  • Profit11¢$5.8B

Out of $52.6B in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks3¢$300.0M
  • Kept or used elsewhere97¢$8.3B

Out of $8.6B of cash from operations.10

Financial statements

Revenue1112131410$52.6B in 2025+60% since 2019
0$20.0B$40.0B$60.0B2019: $32.8B$32.8B20192020: $27.2B$27.2B2020−17%2021: $40.8B$40.8B2021+50%2022: $58.2B$58.2B2022+43%2023: $49.7B$49.7B2023−15%2024: $56.2B$56.2B2024+13%2025: $52.6B$52.6B2025−6%
Operating income1112131410$7.3B in 2025+20% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $6.1B$6.1B20192020: $5.0B$5.0B2020−17%2021: $6.1B$6.1B2021+21%2022: $6.9B$6.9B2022+13%2023: $6.9B$6.9B2023+0%2024: $7.3B$7.3B2024+6%2025: $7.3B$7.3B2025−1%
Net income1112131410$5.8B in 2025+27% since 2019
0$2.0B$4.0B$6.0B2019: $4.6B$4.6B20192020: $3.8B$3.8B2020−18%2021: $4.6B$4.6B2021+23%2022: $5.5B$5.5B2022+18%2023: $5.5B$5.5B2023+1%2024: $5.9B$5.9B2024+7%2025: $5.8B$5.8B2025−1%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Revenues$52.6B$56.2B$49.7B
Total operating costs and expenses$45.4B$49.0B$43.0B
Total general and administrative costs$251.0M$244.0M$231.0M
Total costs and expenses$45.7B$49.3B$43.2B
Equity in income of unconsolidated affiliates$361.0M$408.0M$462.0M
Operating income$7.3B$7.3B$6.9B
Interest expense-$1.4B-$1.4B-$1.3B
Interest income$30.0M$47.0M$27.0M
Other, net$4.0M$2.0M$14.0M
Total other expense, net-$1.4B-$1.3B-$1.2B
Income before income taxes$5.9B$6.0B$5.7B
Provision for income taxes (see Note 16)-$23.0M-$65.0M-$44.0M
Net income$5.9B$6.0B$5.7B
Net income attributable to noncontrolling interests (see Note 8)-$62.0M-$69.0M-$125.0M
Net income attributable to preferred units (see Note 8)-$4.0M-$4.0M-$3.0M
Net income attributable to common unitholders$5.8B$5.9B$5.5B
Basic earnings per common unit (in dollars per unit)$3$3$3
Diluted earnings per common unit (in dollars per unit)$3$3$3

Compare Enterprise Products with another company

Corporate structure

Enterprise Products sits at the top of its group. 191 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Enterprise Products

  • Randa Williams Filed SCHEDULE 13D/A on Enterprise Products, latest Oct 2, 2026 (5 filings since May 31, 2022)
  • Enterprise Products Houston, Texas, United States
    • 38 Niente LLC Subsidiary · Texas, United States
    • Acadian Gas Pipeline System Subsidiary · Delaware, United States
    • Acadian Gas, LLC Subsidiary · Delaware, United States
    • Adamana Land Company, LLC Subsidiary · Delaware, United States
    • Adnar Holdings LLC Subsidiary · Texas, United States
    • Alamos Terminal LLC Subsidiary · Texas, United States
    • Arizona Gas Storage, L.L.C. Subsidiary · Delaware, United States
    • Bahia Pipeline LLC Subsidiary · Texas, United States
    • Baton Rouge Fractionators LLC Subsidiary · Delaware, United States
    • Baton Rouge Pipeline LLC Subsidiary · Delaware, United States
    • Baton Rouge Propylene Concentrator LLC Subsidiary · Delaware, United States
    • Baymark Pipeline LLC Subsidiary · Texas, United States
    • Belle Rose NGL Pipeline, L.L.C. Subsidiary · Delaware, United States
    • Belvieu Environmental Fuels GP, LLC Subsidiary · Texas, United States
    • Belvieu Environmental Fuels LLC Subsidiary · Texas, United States
    • Bluebonnet Pipeline LLC Subsidiary · Delaware, United States
    • Breviloba, LLC Subsidiary · Texas, United States
    • BTA ETG Gathering LLC Subsidiary · Texas, United States
    • BTA Gas Processing LLC Subsidiary · Texas, United States
    • Cajun Pipeline Company, LLC Subsidiary · Texas, United States
    • Calcasieu Gas Gathering System Subsidiary · Texas, United States
    • Canadian Enterprise Gas Products ULC Subsidiary · Alberta, Canada
    • Centennial Pipeline LLC Subsidiary · Delaware, United States
    • Cerato Terminal LLC Subsidiary · Texas, United States
    • Chama Gas Services, LLC Subsidiary · Delaware, United States
    • and 165 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Enterprise Products reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$75.5B10 Dec 31, 2025$71.2B10 Dec 31, 2024+6.0%
Accumulated depreciation$22.3B14 Dec 31, 2024$20.5B14 Dec 31, 2023+9.1%
Property and equipment, net$51.4B10 Dec 31, 2025$49.1B10 Dec 31, 2024+4.7%
Finance-lease assets$16.0M10 Dec 31, 2025$4.0M14 Dec 31, 2024+300.0%
Operating-lease assets (leased space)$437.0M10 Dec 31, 2025$435.0M14 Dec 31, 2024+0.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$969.0M10 Dec 31, 2025$583.0M10 Dec 31, 2024+66.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$5.7B10 Dec 31, 2025$5.7B10 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$4.2B10 Dec 31, 2025$4.0B10 Dec 31, 2024+3.8%
Accumulated amortization$2.5B10 Dec 31, 2025$2.3B10 Dec 31, 2024+9.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.9B10 Dec 31, 2025$4.0B10 Dec 31, 2024−1.8%

The story

Founded by Dan Duncan in 1968.1

In 2005, Ralph S. Cunningham became CEO of Enterprise Products Partners.

On July 23, 2007, Cunningham replaced Michael A. Creel as president and CEO of the affiliated Enterprise GP Holdings LP (NYSE: EPE). Cunningham had earlier been named interim president and CEO, and resigned from the Enterprise Products CEO position effective July 31, 2007. Creel then became president and CEO of the company's general partner Enterprise Products Partners L.P.

Cunningham also became a director of both Enterprise GP Holdings and affiliated Duncan Energy Partners LP (NYSE: EPL).

Enterprise Products acquired Enterprise GP Holdings in 2010.

A. J. Teague was appointed CEO in 2016 and in 2020 W. Randall Fowler was appointed as joint CEO. A.J. Teague's retirement date is scheduled for January 4, 2027.

From Wikipedia’s article on Enterprise Products, shared under CC BY-SA 4.0.8

Leadership

Who has led Enterprise Products, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (56)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 38 Niente LLC Texas9
  • Acadian Gas Pipeline System Delaware9
  • Acadian Gas, LLC Delaware9
  • Adamana Land Company, LLC Delaware9
  • Adnar Holdings LLC Texas9
  • Alamos Terminal LLC Texas9
  • Arizona Gas Storage, L.L.C. Delaware9
  • BTA ETG Gathering LLC Texas9
  • BTA Gas Processing LLC Texas9
  • Bahia Pipeline LLC Texas9
  • Baton Rouge Fractionators LLC Delaware9
  • Baton Rouge Pipeline LLC Delaware9
  • Baton Rouge Propylene Concentrator LLC Delaware9
  • Baymark Pipeline LLC Texas9
  • Belle Rose NGL Pipeline, L.L.C. Delaware9
  • Belvieu Environmental Fuels GP, LLC Texas9
  • Belvieu Environmental Fuels LLC Texas9
  • Bluebonnet Pipeline LLC Delaware9
  • Breviloba, LLC Texas9
  • CTCO of Texas, LLC Texas9
  • Cajun Pipeline Company, LLC Texas9
  • Calcasieu Gas Gathering System Texas9
  • Canadian Enterprise Gas Products ULC Alberta, Canada9
  • Centennial Pipeline LLC Delaware9
All 190 listed subsidiaries
  • Cerato Terminal LLC Texas9
  • Chama Gas Services, LLC Delaware9
  • Channelview Fleeting Services, L.L.C. Texas9
  • Chaparral Pipeline Company, LLC Texas9
  • Chunchula Pipeline Company, LLC Texas9
  • Cypress Gas Marketing, LLC Delaware9
  • DEP Holdings, LLC Delaware9
  • DEP Offshore Port System, LLC Texas9
  • Dean Pipeline Company, LLC Texas9
  • Delaware Basin Gas Processing LLC Delaware9
  • Dixie Pipeline Company LLC Delaware9
  • Duncan Energy Partners L.P. Delaware9
  • EF Terminals Corpus Christi LLC Delaware9
  • EFS Midstream LLC Delaware9
  • Eagle Ford Pipeline LLC Delaware9
  • Eagle Ford Terminals Corpus Christi LLC Delaware9
  • Electra Shipyard Services LLC Texas9
  • Electric E Power Marketing LLC Texas9
  • Energy Ventures, LLC Colorado9
  • Enterprise AGF LLC Texas9
  • Enterprise Acquisition Holdings LLC Delaware9
  • Enterprise Appelt, LLC Texas9
  • Enterprise Arizona Gas, LLC Delaware9
  • Enterprise Blue Ivy LLC Texas9
  • Enterprise CLH LLC Texas9
  • Enterprise Crude GP LLC Delaware9
  • Enterprise Crude Oil LLC Texas9
  • Enterprise Crude Pipeline LLC Texas9
  • Enterprise Crude Terminals and Storage LLC Texas9
  • Enterprise Custom Marketing LLC Delaware9
  • Enterprise Delaware Basin Holdings LLC Delaware9
  • Enterprise Delaware Basin Treating LLC Texas9
  • Enterprise EF78 LLC Delaware9
  • Enterprise Ethane Pipeline LLC Texas9
  • Enterprise Ethane Terminals LLC Texas9
  • Enterprise Ethylene Storage LLC Delaware9
  • Enterprise Field Services (Offshore) LLC Texas9
  • Enterprise Field Services, LLC Texas9
  • Enterprise Fractionation, LLC Delaware9
  • Enterprise GC LLC Texas9
  • Enterprise GP LLC Delaware9
  • Enterprise GTM Holdings L.P. Delaware9
  • Enterprise GTMGP, LLC Delaware9
  • Enterprise Gas Liquids LLC Texas9
  • Enterprise Gas Processing, LLC Delaware9
  • Enterprise Gathering II LLC Delaware9
  • Enterprise Gathering LLC Delaware9
  • Enterprise Houston Ship Channel GP, LLC Texas9
  • Enterprise Houston Ship Channel, L.P. Texas9
  • Enterprise Hydrocarbons L.P. Delaware9
  • Enterprise Hydrocarbons Marketing LLC Texas9
  • Enterprise Interstate Crude LLC Texas9
  • Enterprise Intrastate LLC Texas9
  • Enterprise JV Operating LLC Texas9
  • Enterprise Jonah Gas Gathering Company LLC Delaware9
  • Enterprise Logistic Services LLC (DBA Enterprise Transportation Company) Texas9
  • Enterprise Lou-Tex NGL Pipeline L.P. Texas9
  • Enterprise Lou-Tex Propylene Pipeline LLC Texas9
  • Enterprise Louisiana Pipeline LLC Texas9
  • Enterprise Marine Services LLC Delaware9
  • Enterprise Midland Basin Gas Gathering LLC Delaware9
  • Enterprise Midland Basin Holdings LLC Delaware9
  • Enterprise Midland Basin LLC Delaware9
  • Enterprise Midland Basin Midstream Holdings LLC Delaware9
  • Enterprise Midland Basin Midstream LLC Texas9
  • Enterprise Midland Basin Partners LLC Delaware9
  • Enterprise Midland Basin Pipeline LLC Texas9
  • Enterprise Midstream Companies LLC Texas9
  • Enterprise Mont Belvieu Program Company Texas9
  • Enterprise NGL Pipelines II LLC Delaware9
  • Enterprise NGL Pipelines, LLC Delaware9
  • Enterprise NGL Private Lines & Storage, LLC Delaware9
  • Enterprise Natural Gas Pipeline LLC Delaware9
  • Enterprise Navigator Ethylene Terminal LLC Texas9
  • Enterprise New Mexico Ventures, LLC Delaware9
  • Enterprise Offshore Port System, LLC Texas9
  • Enterprise Pathfinder, LLC Delaware9
  • Enterprise Pelican Pipeline L.P. Texas9
  • Enterprise Petrochemical Marketing LLC Texas9
  • Enterprise Plevna Marketing LLC Delaware9
  • Enterprise Products BBCT LLC Texas9
  • Enterprise Products Marketing Company LLC Texas9
  • Enterprise Products OLPGP, Inc. Delaware9
  • Enterprise Products Operating LLC Texas9
  • Enterprise Products Pipeline Company LLC Delaware9
  • Enterprise Products Texas Operating LLC Texas9
  • Enterprise Propane Terminals and Storage, LLC Delaware9
  • Enterprise Refined Products Company LLC Delaware9
  • Enterprise Refined Products Marketing Company LLC Delaware9
  • Enterprise Sage Marketing LLC Delaware9
  • Enterprise Seaway L.P. Delaware9
  • Enterprise TE Investments LLC Delaware9
  • Enterprise TE Partners L.P. Delaware9
  • Enterprise TE Products Pipeline Company LLC Texas9
  • Enterprise TW Products Pipeline Company LLC Texas9
  • Enterprise Terminaling Services GP, LLC Delaware9
  • Enterprise Terminaling Services, L.P. Delaware9
  • Enterprise Terminalling LLC Texas9
  • Enterprise Terminals & Storage, LLC Delaware9
  • Enterprise Texas Pipeline LLC Texas9
  • Enterprise Underground Storage LLC Delaware9
  • Enterprise Underground Storage Operating LLC Delaware9
  • Enterprise White River Hub, LLC Delaware9
  • Evangeline Gas Corp. Delaware9
  • Evangeline Gulf Coast Gas, LLC Delaware9
  • Front Range Pipeline LLC Delaware9
  • Groves RGP Pipeline LLC Texas9
  • HSC Pipeline Partnership, LLC Texas9
  • JMRS Transport Services, Inc. Delaware9
  • K/D/S Promix, L.L.C. Delaware9
  • La Porte Pipeline Company, L.P. Texas9
  • La Porte Pipeline GP, L.L.C. Delaware9
  • Leveret Pipeline Company LLC Texas9
  • M2E3 LLC Texas9
  • M2E4 LLC Texas9
  • MCN Acadian Gas Pipeline, LLC Delaware9
  • MCN Pelican Interstate Gas, LLC Delaware9
  • Madrone Pipeline LLC Texas9
  • Mapletree, LLC Delaware9
  • Mid-America Pipeline Company, LLC Texas9
  • Mont Belvieu Caverns, LLC Delaware9
  • Neches Pipeline System Delaware9
  • Norco-Taft Pipeline, LLC Delaware9
  • OTA Holdings, Inc. Delaware9
  • OTA Operating LLC Delaware9
  • Old Ocean Pipeline, LLC Texas9
  • Olefins Terminal LLC Delaware9
  • Panola Pipeline Company, LLC Texas9
  • Pascagoula Gas Processing LLC Texas9
  • Pleuro LLC Texas9
  • Pontchartrain Natural Gas System Texas9
  • Port Neches GP LLC Texas9
  • Port Neches Pipeline LLC Texas9
  • QP-LS, LLC Wyoming9
  • Quanah Pipeline Company, LLC Texas9
  • Rio Grande Pipeline Company LLC Texas9
  • SPOT Terminal Operating LLC Texas9
  • SPOT Terminal Services LLC Texas9
  • Sabine Propylene Pipeline LLC Texas9
  • Seaway Crude Holdings LLC Delaware9
  • Seaway Crude Pipeline Company LLC Delaware9
  • Seaway Intrastate LLC Delaware9
  • Seaway Marine LLC Delaware9
  • Seminole Pipeline Company LLC Delaware9
  • Serket LLC Texas9
  • Skelly-Belvieu Pipeline Company, L.L.C. Delaware9
  • Sorrento Pipeline Company, LLC Texas9
  • South Texas NGL Pipelines, LLC Delaware9
  • Steor LLC Texas9
  • T4H LLC Delaware9
  • TCTM, L.P. Delaware9
  • TECO Gas Gathering LLC Delaware9
  • TECO Gas Processing LLC Delaware9
  • TEPPCO O/S Port System, LLC Texas9
  • TXO-Acadian Gas Pipeline, LLC Delaware9
  • Tarpon Land Holdings LLC Texas9
  • Technos Terminal LLC Texas9
  • Tejas-Magnolia Energy, LLC Delaware9
  • Texas Express Gathering LLC Delaware9
  • Texas Express Pipeline LLC Delaware9
  • Tri-States NGL Pipeline, L.L.C. Delaware9
  • Venice Energy Services Company, L.L.C. Delaware9
  • White River Hub, LLC Delaware9
  • Whitethorn Pipeline Company LLC Texas9
  • Wilcox Pipeline Company, LLC Texas9
  • Wilprise Pipeline Company, L.L.C. Delaware9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • ENTERPRISE PRODUCTS PARTNERS L PJul 21, 1998 to Jul 9, 20197
  • ENTERPRISES PRODUCTS PARTNERS L PMay 13, 1998 to May 13, 19987

Timeline

  1. Jul 30, 20268-K Entered a material agreement; Results of operations; New debt or obligation79
  2. Jul 1, 20268-K Executive or director change80
  3. Apr 28, 20268-K Results of operations81
  4. Mar 27, 20268-K Entered a material agreement; New debt or obligation82
  5. Feb 3, 20268-K Results of operations83
  6. Dec 15, 20258-K Regulation FD disclosure84
  7. Nov 20, 20258-K Regulation FD disclosure85
  8. Nov 20, 20258-K Other events86
  9. Nov 14, 20258-K Entered a material agreement; Other events87
  10. Oct 30, 20258-K Results of operations; Other events88
  11. Jul 28, 20258-K Results of operations89
  12. Jul 2, 20258-K Other events90
  13. Feb 10, 2020New chief executive W. Randall Fowler becomes CEO19
  14. Feb 18, 2016New chief executive Aj Teague becomes CEO20
  15. Feb 27, 2008New chief executive Michael A. Creel becomes CEO21
  16. 1968Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.61 a share, on Oct 30, 2025.91

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results79
  2. Apr 28, 2026Reported quarterly or annual results81
  3. Feb 3, 2026Reported quarterly or annual results83
  4. Oct 30, 2025Reported quarterly or annual results88
  5. Jul 28, 2025Reported quarterly or annual results89
  6. Apr 29, 2025Reported quarterly or annual results92
  7. Feb 4, 2025Reported quarterly or annual results93
  8. Oct 29, 2024Reported quarterly or annual results94

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

272 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 164 insider forms, 5 large holders, 33 other. The latest 20:

  1. Oct 2, 2026SCHEDULE 13D/A EDGAR
  2. Sep 23, 2026SD EDGAR
  3. Sep 1, 2026EFFECT EDGAR
  4. Aug 21, 2026S-3 EDGAR
  5. Aug 7, 202610-Q EDGAR
  6. Jul 30, 20268-K EDGAR
  7. Jul 1, 20268-K EDGAR
  8. May 7, 202610-Q EDGAR
  9. Apr 28, 20268-K EDGAR
  10. Mar 27, 20268-K EDGAR
  11. Mar 23, 20264 EDGAR
  12. Feb 27, 202610-K EDGAR
  13. Feb 18, 20264 EDGAR
  14. Feb 18, 20264 EDGAR
  15. Feb 18, 20264 EDGAR
  16. Feb 18, 20264 EDGAR
  17. Feb 18, 20264 EDGAR
  18. Feb 18, 20264 EDGAR
  19. Feb 18, 20264 EDGAR
  20. Feb 18, 20264 EDGAR

The 272 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 20 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 20, 2026TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy2,665$37.55$100.1KForm 4
Dec 29, 2025Rutherford John RDirectorBuy15,000$32.09$481.4KForm 4
Jul 30, 2025Montgomery William CDirectorBuy16,000$31.55$504.8KForm 4
Jul 29, 2025Rutherford John RDirectorBuy15,000$31.35$470.2KForm 4
Aug 27, 2024TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy4,180$29.35$122.7KForm 4
Dec 19, 2023TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy2,410$26.17$63.1KForm 4
Nov 9, 2023Rutherford John RDirectorBuy10,000$25.96$259.6KForm 4
Aug 4, 2023Montgomery William CDirectorBuy50,000$26.60$1.3MForm 4
Mar 20, 2023TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy15,935$25.15$400.8KForm 4
Dec 27, 2022TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy3,650$24.09$87.9KForm 4
Dec 27, 2022BARTH CARIN MARCYDirectorBuy5,000$23.99$120.0KForm 4
Dec 20, 2022TEAGUE AJCO-CHIEF EXECUTIVE OFFICERBuy21,150$23.60$499.1KForm 4
Nov 23, 2022Rutherford John RDirectorBuy10,000$24.88$248.8KForm 4
Aug 4, 2022Rutherford John RDirectorBuy6,500$25.78$167.6KForm 4
Jun 24, 2022BARTH CARIN MARCYDirectorBuy19,050$23.64$450.3KForm 4
May 12, 2022Rutherford John RDirectorBuy10,000$25.74$257.4KForm 4
Feb 18, 2022Rutherford John RDirectorBuy15,000$23.76$356.4KForm 4
Feb 2, 2022Rutherford John RDirectorBuy10,000$23.72$237.2KForm 4
Dec 28, 2021BARTH CARIN MARCYDirectorBuy5,000$21.60$108.0KForm 4
Nov 16, 2021Rutherford John RDirectorBuy10,000$22.86$228.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alps Advisors Inc43,655,056$1.6B7.5%+133,959
Invesco Ltd.26,616,875$978.4M0.1%−29,380
Blackstone Inc.23,760,341$873.4M2.9%+2,656,857
Morgan Stanley22,249,198$817.9M0.0%+829,676
Tortoise Capital Advisors, L.l.c.18,636,746$685.1M7.0%+3,775,362
Goldman Sachs Group Inc17,515,453$643.9M0.1%−2,574,964
Fayez Sarofim & Co15,998,982$588.1M1.4%−200,202
Energy Income Partners, LLC13,831,913$508.5M8.0%+100,565
Neuberger Berman Group LLC13,560,232$498.5M0.3%−80,311
Kayne Anderson Capital Advisors LP12,869,425$473.1M9.3%−162,172
American Century Companies Inc11,833,318$435.0M0.2%+448,727
UBS Group AG11,815,406$434.3M0.1%−791,844
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.11,780,406$433.0M0.5%−337,847
Bank Of America Corp /de/11,331,687$416.6M0.0%−446,883
CIBC Bancorp USA Inc.8,467,839$311.3M0.4%−212,324
Ensign Peak Advisors, Inc8,189,961$301.1M0.5%−112,364
BlackRock, Inc.6,945,720$255.3M0.0%−82,450
Berkley W R Corp6,825,000$250.9M12.3%No change
Raymond James Financial Inc6,663,540$245.0M0.1%+18,521
Westwood Holdings Group Inc5,918,667$217.6M1.6%+422,599
Fmr LLC5,785,898$212.7M0.0%−1,560,577
Clearbridge Investments, LLC5,507,895$202.5M0.2%−305,589
Fairholme Capital Management LLC5,455,800$200.6M13.5%No change
Wells Fargo & Company/mn4,938,312$181.5M0.0%+18,614
Hamlin Capital Management, LLC4,792,357$176.2M4.0%−70,949

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

21 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 13, 2026August PflugerRepublican, HouseBuy$15,001 - $50,000−17.0%Report
Jun 23, 2022Virginia FoxxRepublican, HouseSale$100,001 - $250,000+48.1%Report
May 13, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−50.9%Report
Feb 14, 2022Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−23.3%Report
Jan 24, 2022Virginia FoxxRepublican, HouseBuy$15,001 - $50,000−19.8%Report
Jan 18, 2022Pete SessionsRepublican, HouseSale$1,001 - $15,000+16.5%Report
Nov 19, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000+5.1%Report
Nov 15, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−4.5%Report
Aug 13, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−9.6%Report
May 13, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−32.2%Report
Feb 12, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−27.6%Report
Feb 10, 2021Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−26.0%Report
Nov 17, 2020Tom MalinowskiDemocratic, HouseSale$15,001 - $50,000+21.4%Report
Nov 13, 2020Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−16.6%Report
Oct 13, 2020Tom MalinowskiDemocratic, HouseBuy$15,001 - $50,000−4.3%Report
May 13, 2020Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−57.6%Report
Apr 15, 2020David A Perdue , Jr, SenateSale$50,001 - $100,000+44.2%Report
Mar 19, 2020Tom MalinowskiDemocratic, HouseBuy$1,001 - $15,000−67.3%Report
Feb 13, 2020Virginia FoxxRepublican, HouseBuy$1,001 - $15,000−87.9%Report
Jan 13, 2020Tom MalinowskiDemocratic, HouseSale$15,001 - $50,000+108.1%Report
Jan 7, 2019Tom MalinowskiDemocratic, HouseBuy$15,001 - $50,000−167.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Enterprise Products is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARENTERPRISE PRODUCTS PARTNERS L.P.2
  • CIK0001061219
  • Employer ID (EIN)76-056821996
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company96
  • Incorporated inDelaware96
  • Fiscal year endsDecember 312
  • Industry code (SIC)4922 Natural Gas Transmission2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address1100 Louisiana 10Th Floor, Houston, TX 770022
  • Phone71338165002
  • Shares outstanding2,159,477,169 as of Jul 31, 202617
  • Public float$45.4B as of Jun 30, 202596
  • AuditorDELOITTE & TOUCHE LLP, Houston, Texas PCAOB ID 34; it also attests to the company’s internal control over financial reporting96
  • On EDGAR sinceMay 13, 19982
  • Filings2,462 in all: 4 (1,285), 8-K (441), 10-Q (85), 425 (75), SC 13D/A (61), 424B3 (60), 3 (59), 424B5 (57)2
    All 53 form types

    4/A (47), FWP (36), 10-K (27), UPLOAD (24), CORRESP (22), 8-K/A (15), EFFECT (14), IRANNOTICE (14), S-3 (13), S-8 (12), S-3/A (11), S-4 (10), S-4/A (10), SC 13D (10), 3/A (9), S-3ASR (8), 424B2 (5), DEF 14A (5), S-3D (5), SC 13G (4), S-3DPOS (3), SD (3), 10-K/A (2), 11-K (2), 424B4 (2), 5 (2), 8-A12B/A (2), POSASR (2), S-1/A (2), S-8 POS (2), SCHEDULE 13D/A (2), 10-K405 (1), 305B2 (1), 305B2/A (1), 424B7 (1), 5/A (1), 8-A12B (1), AW (1), DEF 14C (1), POS AM (1), PRE 14C (1), PRES14A (1), REGDEX (1), S-1 (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Oct 24, 2022
    Latest 8-K (8-K) Jul 30, 2026

Securities registered for trading

ClassSymbolExchange
Common UnitsEPDNew York Stock Exchange

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).96

Risk factors and legal proceedings

The risks Enterprise Products names in Item 1A of its 10-K filed Feb 27, 2026: 52 risks under these headings, as written.96

  • Risks Relating to Our Business
  • Risks Relating to Our Partnership Structure
  • Tax Risks to Common Unitholders
  • Discussion of Key Risk Factors
  • The impact of a global public health crisis or foreign conflict on global oil and gas markets may have material adverse consequences for general economic, financial and business conditions, and could materially and adversely affect our business, financial condition, results of operations and liquidity and those of our customers, suppliers and other counterparties.
  • Changes in price levels could negatively impact our revenue, our expenses, or both, which could adversely affect our business.
  • Changes in U.S. trade policy and the impact of tariffs may have a material adverse effect on our business and results of operations.
  • Changes in demand for and prices and production of hydrocarbon products could have a material adverse effect on our financial position, results of operations and cash flows.
  • We face competition from third parties in our midstream energy businesses.
  • Our debt level may limit our future financial and operating flexibility.
  • We may not be able to fully execute our growth strategy if we encounter illiquid capital markets or increased competition for investment opportunities.
  • Our actual construction, development and acquisition costs could materially exceed forecasted amounts.
The other 44 risks
  • Our construction of new assets is subject to operational, regulatory, environmental, political, geopolitical, legal and economic risks, which may result in delays, increased costs or decreased cash flows.
  • Several of our assets have been in service for many years and require significant expenditures to maintain them. As a result, an increase in future maintenance or repair costs or delays in completing necessary maintenance or repair activities could have a material adverse effect on our financial position, results of operations and cash flows.
  • The inability to continue to access lands owned by third parties and governmental bodies could adversely affect our operations and have a material adverse effect on our financial position, results of operations and cash flows.
  • We may face opposition to the construction and operation of our pipelines and facilities from various groups.
  • Our growth strategy may adversely affect our results of operations if we do not successfully integrate and manage the businesses that we acquire or if we substantially increase our indebtedness and contingent liabilities to make acquisitions.
  • Acquisitions that appear to increase our operating cash flows may nevertheless reduce our operating cash flows on a per unit basis.
  • A natural disaster, catastrophe, terrorist attack or other extraordinary event could result in severe personal injury, property damage and environmental damage, which could curtail our operations and have a material adverse effect on our financial position, results of operations and cash flows.
  • A cyber-attack on our IT or OT systems could affect our business and assets, and have a material adverse effect on our financial position, results of operations and cash flows.
  • Failure of our critical IT or OT systems could have an adverse impact on our business, financial condition, results of operations and cash flows, as well as our ability to pay cash distributions.
  • Our business requires extensive credit risk management that may not be adequate to protect against customer nonpayment.
  • The use of derivative financial instruments could result in material financial losses by us.
  • Our risk management policies cannot eliminate all commodity price risks. In addition, any noncompliance with our risk management policies could result in significant financial losses.
  • Our variable-rate debt, including those fixed-rate debt obligations that may be converted to variable-rate through the use of interest rate swaps, make us vulnerable to increases in interest rates, which could have a material adverse effect on our financial position, results of operation and cash flows.
  • Our pipeline integrity program as well as compliance with pipeline safety laws and regulations may impose significant costs and liabilities on us.
  • Environmental, health and safety costs and liabilities, and changing environmental, health and safety regulation, could have a material adverse effect on our financial position, results of operations and cash flows.
  • Federal, state or local regulatory measures could have a material adverse effect on our financial position, results of operations and cash flows.
  • The rates of our regulated assets are subject to review and possible adjustment by federal and state regulators, which could adversely affect our revenues.
  • The adoption and implementation of new statutory and regulatory requirements for derivative transactions could have an adverse impact on our ability to hedge risks associated with our business and increase the working capital requirements to conduct these activities.
  • Our standalone operating cash flow is derived primarily from cash distributions we receive from EPO.
  • Changes in management’s estimates and assumptions may have a material impact on our financial statements and financial performance.
  • We may issue additional securities without the approval of our common unitholders.
  • We may not have sufficient operating cash flows to pay cash distributions at the current level following establishment of cash reserves and payments of fees and expenses.
  • Our general partner and its affiliates have limited fiduciary responsibilities to, and conflicts of interest with respect to, our partnership, which may permit it to favor its own interests to your detriment.
  • The NYSE does not require a publicly traded limited partnership like us to comply with certain of its corporate governance requirements.
  • Unitholders have limited voting rights and are not entitled to elect our general partner or its directors. In addition, even if unitholders are dissatisfied, they cannot easily remove our general partner.
  • Our partnership agreement restricts the voting rights of unitholders owning 20% or more of our common units.
  • Our general partner has a limited call right that may require common unitholders to sell their common units at an undesirable time or price.
  • Our common unitholders may not have limited liability if a court finds that limited partner actions constitute control of our business.
  • Unitholders may have a liability to repay distributions.
  • Our general partner’s interest in us and the control of our general partner may be transferred to a third party without unitholder consent.
  • We do not have the same flexibility as other types of organizations to accumulate cash and issue equity to protect against illiquidity in the future.
  • Our tax treatment depends on our status as a partnership for federal income tax purposes. If the Internal Revenue Service were to treat us as a corporation for federal income tax purposes or if we were otherwise subject to a material amount of entity-level taxation by individual states, then cash available for distribution to our unitholders would be reduced.
  • The tax treatment of publicly traded partnerships or an investment in our common units could be subject to potential legislative, judicial or administrative changes and differing interpretations, possibly on a retroactive basis.
  • We prorate our items of income, gain, loss and deduction between transferors and transferees of our common units each month based upon the ownership of our common units on the first day of each month, instead of on the basis of the date a particular common unit is transferred.
  • A successful IRS contest of the federal income tax positions we take may adversely impact the market for our common units and the cost of any IRS contest will reduce our cash available for distribution to unitholders.
  • If the IRS makes audit adjustments to our income tax returns, it (and some states) may assess and collect any taxes (including any applicable penalties and interest) resulting from such audit adjustment directly from us, in which case we would pay the taxes directly to the IRS. If we bear such payment, our cash available for distribution to our unitholders might be substantially reduced.
  • Our unitholders may be required to pay taxes on their share of our income even if they do not receive any cash distributions from us.
  • Tax gains or losses on the disposition of our common units could be more or less than expected.
  • Tax-exempt entities face unique tax issues from owning our common units that may result in adverse tax consequences to them.
  • Non-U.S. unitholders will be subject to U.S. taxes and withholding with respect to their income and gain from owning our common units.
  • We treat each purchaser of our common units as having the same tax benefits without regard to the common units purchased. The IRS may challenge this treatment, which could adversely affect the value of our common units.
  • Our common unitholders will likely be subject to state and local taxes and return filing requirements in states where they do not live as a result of an investment in our common units.
  • A unitholder whose common units are the subject of a securities loan (e.g., a loan to a “short seller” to cover a short sale of common units) may be considered as having disposed of those common units. If so, the unitholder would no longer be treated for tax purposes as a partner with respect to those common units during the period of the loan and may recognize gain or loss from the disposition.
  • We have adopted certain valuation methodologies in determining a unitholder’s allocations of income, gain, loss and deduction. The IRS may challenge these methods or the resulting allocations and such a challenge could adversely affect the value of our common units.

Legal proceedings

We may be named as defendants in legal proceedings in connection with our normal business activities. Although we are insured against various risks to the extent we believe it is prudent, there is no assurance that the nature and amount of such insurance will be adequate, in every case, to fully indemnify us against losses arising from legal proceedings. We will vigorously defend our partnership in litigation matters.

For additional information regarding litigation matters, see Note 17 of the Notes to Consolidated Financial Statements included under Part II, Item 8 of this annual report.

On occasion, we are assessed monetary penalties by governmental authorities related to administrative or judicial proceedings involving environmental matters. The following information summarizes matters where the eventual resolution of each of these matters may result in monetary sanctions in excess of $0.3 million. We do not expect that any expenditures related to the following matters will be material to our consolidated financial statements.

•In June 2019, we received a Notice of Violation from the U.S. Environmental Protection Agency (“EPA”) in connection with regulatory requirements applicable to facilities that we operate near Baton Rouge, Louisiana.

The opening of Item 3, Legal Proceedings.96

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