ENTERPRISE PRODUCTS PARTNERS L.P.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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Sep 30, 2025 · Filed Nov 6, 2025
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5. Investments in Unconsolidated Affiliates
Note 5. Investments in Unconsolidated Affiliates
The following table presents our investments in unconsolidated affiliates by business segment at the dates indicated. We account for these investments using the equity method.
| September 30,2025 | December 31,2024 | |
|---|---|---|
| NGL Pipelines & Services | $573 | $598 |
| Crude Oil Pipelines & Services | 1,595 | 1,628 |
| Natural Gas Pipelines & Services | 31 | 30 |
| Petrochemical & Refined Products Services | 2 | 3 |
| Total | $2,201 | $2,259 |
The following table presents our equity in income of unconsolidated affiliates by business segment for the periods indicated:
| For the Three MonthsEnded September 30, | For the Nine MonthsEnded September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| NGL Pipelines & Services | $21 | $27 | $59 | $84 |
| Crude Oil Pipelines & Services | 68 | 70 | 212 | 212 |
| Natural Gas Pipelines & Services | 2 | 2 | 4 | 5 |
| Petrochemical & Refined Products Services | (1) | – | 1 | 1 |
| Total | $90 | $99 | $276 | $302 |
In June 2025, we sold our 25% membership interest in Transport 4, L.L.C. (“Transport 4”) to third parties for cash proceeds of $8 million and recorded a $6 million gain.
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