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HOUSTON - Enterprise Products Partners L.P. (NYSE:EPD), a midstream energy giant with a market capitalization of $68.7 billion, announced Tuesday a quarterly cash distribution of $0.545 per unit for the second quarter of 2025, representing a 3.8 percent increase compared to the same period last year. The company has maintained an impressive 27-year streak of consecutive dividend increases, with a current yield of 6.83%.
The distribution, which equates to $2.18 per unit on an annualized basis, will be paid on August 14, 2025, to common unitholders of record as of July 31, 2025.
The midstream energy company also disclosed it had repurchased $110 million of its common units during the second quarter, bringing total repurchases for 2025 to $170 million. The partnership has now utilized approximately 65 percent of its authorized $2.0 billion buyback program.
Enterprise will release its second-quarter 2025 earnings on July 28, 2025, before market open, followed by a conference call with analysts and investors at 9 a.m. CDT.
Enterprise Products Partners describes itself as one of the largest publicly traded partnerships and a leading North American provider of midstream energy services. The company’s assets include more than 50,000 miles of pipelines, over 300 million barrels of storage capacity for various products, and 14 billion cubic feet of natural gas storage capacity. With annual revenue of $56.88 billion and consistent profitability, EPD demonstrates strong operational performance. For detailed dividend analysis and growth metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.
The information in this article is based on a press release issued by the company.
In other recent news, Enterprise Products Partners announced a $2 billion public offering of senior notes, with maturities ranging from 2028 to 2036. This offering includes $500 million in senior notes due in 2028, $750 million due in 2031, and another $750 million due in 2036, with interest coupons of 4.30%, 4.60%, and 5.20% respectively. The company plans to use the proceeds for general corporate purposes, including growth capital investments, acquisitions, and debt repayment. Additionally, Enterprise Products Partners received a letter from the U.S. Bureau of Industry and Security, though the content of the letter was not disclosed. In a separate development, the Bureau of Industry and Security intends to deny the company’s requests to export ethane to China, impacting three cargoes amounting to approximately 2.2 million barrels. On the analyst front, TD Cowen initiated coverage with a Hold rating, expressing concerns about potential underutilization of newly developed assets. Meanwhile, UBS maintained its buy rating, projecting future benefits from new gas processing plants. These developments highlight ongoing strategic and regulatory challenges for Enterprise Products Partners.
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