ENTERPRISE PRODUCTS PARTNERS L.P.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
EPD$37.13+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Statements of Consolidated Operations
(Dollars in millions, except per unit amounts)
| For the Three MonthsEnded September 30, | For the Nine MonthsEnded September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues: | ||||
| Third parties | $12,009 | $13,759 | $38,765 | $41,976 |
| Related parties | 14 | 16 | 38 | 42 |
| Total revenues (see Note 9) | 12,023 | 13,775 | 38,803 | 42,018 |
| Costs and expenses: | ||||
| Operating costs and expenses: | ||||
| Third party and other costs | 9,956 | 11,661 | 32,442 | 35,672 |
| Related parties | 410 | 372 | 1,206 | 1,097 |
| Total operating costs and expenses | 10,366 | 12,033 | 33,648 | 36,769 |
| General and administrative costs: | ||||
| Third party and other costs | 24 | 19 | 77 | 63 |
| Related parties | 37 | 42 | 112 | 121 |
| Total general and administrative costs | 61 | 61 | 189 | 184 |
| Total costs and expenses (see Note 10) | 10,427 | 12,094 | 33,837 | 36,953 |
| Equity in income of unconsolidated affiliates | 90 | 99 | 276 | 302 |
| Operating income | 1,686 | 1,780 | 5,242 | 5,367 |
| Other income (expense): | ||||
| Interest expense | (354) | (343) | (1,026) | (1,006) |
| Interest income | 9 | 14 | 23 | 31 |
| Other, net | 2 | – | 4 | – |
| Total other expense, net | (343) | (329) | (999) | (975) |
| Income before income taxes | 1,343 | 1,451 | 4,243 | 4,392 |
| Benefit from (provision for) income taxes (see Note 16) | 13 | (19) | (27) | (55) |
| Net income | 1,356 | 1,432 | 4,216 | 4,337 |
| Net income attributable to noncontrolling interests | (17) | (14) | (47) | (56) |
| Net income attributable to preferred units | (1) | (1) | (3) | (3) |
| Net income attributable to common unitholders | $1,338 | $1,417 | $4,166 | $4,278 |
| Earnings per unit: (see Note 11) | ||||
| Basic earnings per common unit | $0.61 | $0.65 | $1.91 | $1.95 |
| Diluted earnings per common unit | $0.61 | $0.65 | $1.90 | $1.95 |
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