Enterprise Products Partners announces quarterly distribution increase

HOUSTON - Enterprise Products Partners L.P. (NYSE:EPD), a midstream energy giant with a market capitalization of $68.6 billion, declared a quarterly cash distribution of $0.545 per unit for the third quarter of 2025, according to a press release statement.

The distribution, payable on November 14 to unitholders of record as of October 31, represents a 3.8 percent increase compared to the same period last year. On an annualized basis, the distribution amounts to $2.18 per unit, yielding an attractive 6.92%. According to InvestingPro, EPD has raised its dividend for 27 consecutive years, demonstrating remarkable consistency in shareholder returns.

The midstream energy company also reported repurchasing $80 million of its common units during the third quarter, bringing total buybacks for the first nine months of 2025 to $250 million. The partnership has now utilized approximately 69 percent of its authorized $2.0 billion repurchase program.

Enterprise Products Partners will announce its third quarter 2025 earnings on October 30, before market opening. A conference call with analysts and investors will follow at 9 a.m. CDT.

The company describes itself as one of the largest publicly traded partnerships in North America, providing midstream energy services with assets including more than 50,000 miles of pipelines, over 300 million barrels of storage capacity, and 14 billion cubic feet of natural gas storage capacity. With last twelve months revenue of $54.8 billion, EPD has established itself as a prominent player in the Oil, Gas & Consumable Fuels industry.

In other recent news, Enterprise Products Partners reported mixed financial results for the second quarter of 2025. The company exceeded earnings per share expectations, posting $0.66 per share compared to the forecasted $0.65. However, revenue fell short of projections, totaling $11.36 billion against the anticipated $14.49 billion. In a separate development, Enterprise Products Partners completed the acquisition of Occidental’s natural gas gathering affiliate for $580 million in cash. This debt-free transaction includes approximately 200 miles of natural gas gathering pipelines in the Midland Basin. Stifel adjusted its price target for Enterprise Products Partners to $35 from $36, maintaining a Buy rating. The adjustment followed the company’s earnings results, which were described as "lighter than our expectations." These developments reflect the latest activities surrounding Enterprise Products Partners.

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