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Stock impact report

Enterprise Declares Distribution; Reviewing Capital Expenditure Program

Enterprise Products Partners L.P. (EPD) 
Last enterprise products partners l.p. earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: enterpriseproducts.com/investors
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the board of directors of its general partner declared the quarterly cash distribution to be paid to our limited partners with respect to the first quarter of 2020 of $0.445 per common unit, or $1.78 per unit on an annualized basis.The quarterly distribution associated with the first quarter of 2020 is payable on Tuesday, May 12, 2020, to unitholders of record as of the close of business on Thursday, April 30, 2020. This distribution represents a 1.7 percent increase over the distribution declared with respect to the first quarter of 2019.“Enterprise is currently reviewing its capital expenditure program due to the potential impacts of lower commodity prices and demand on our customers, said A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner. While substantially all of our major growth capital projects are supported by long-term bi-lateral agreemen Show less Read more
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