Enterprise Reports Record Results for First Quarter 2019
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Enterprise Products Partners (EPD) Tops Q1 EPS by 9c, Revenues Miss
May 1, 2019 6:03 AM EDTEnterprise Products Partners (NYSE: EPD) reported Q1 EPS of $0.57, $0.09 better than the analyst estimate of $0.48. Revenue for the quarter came in at $8.54 billion versus the consensus estimate of $9.39 billion.
Enterprise reported an exceptional first quarter of 2019, said A. J. Jim Teague, chief executive officer of Enterprises general partner. First, I would like to recognize the extraordinary efforts and teamwork of our engineering, operations, distribution and commercial groups to complete the conversion of one of the Seminole NGL pipelines into crude oil service and the construction of our Shin Oak NGL pipeline ahead of schedule. They... More
