Enterprise Products Income Up on Record Volumes

November 2, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) boosted its net income in the just-passed third-quarter 2022 from year-ago levels due in part to shipping record volumes of energy products on its system.

Enterprise shipped a record 11.3 million barrels per day (BBL/d) of oil equivalent in the third quarter. The company reported net income of $1.4 billion for the quarter, compared with $1.2 billion in third-quarter 2021.