ENTERPRISE PRODUCTS PARTNERS L.P.
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
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.
Mar 31, 2026 · Filed May 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
3. Inventories
Note 3. Inventories
Our inventory amounts by product type were as follows at the dates indicated:
| March 31,2026 | December 31,2025 | |
|---|---|---|
| NGLs | $3,592 | $2,923 |
| Petrochemicals and refined products | 711 | 665 |
| Crude oil | 929 | 288 |
| Natural gas | 2 | 8 |
| Total | $5,234 | $3,884 |
Due to fluctuating commodity prices, we recognize lower of cost or net realizable value adjustments when the carrying value of our available-for-sale inventories exceeds their net realizable value. The following table presents our total cost of sales amounts and lower of cost or net realizable value adjustments for the periods indicated:
| For the Three MonthsEnded March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cost of sales (1) | $10,678 | $12,005 |
| Lower of cost or net realizable value adjustments recognized in cost of sales | 1 | 2 |
(1)Cost of sales is a component of “Operating costs and expenses” as presented on our Unaudited Condensed Statements of Consolidated Operations. Fluctuations in these amounts are primarily due to changes in energy commodity prices and sales volumes associated with our marketing activities.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.