Enterprise Products Partners L.P. has recently released its 10-K report, providing a detailed insight into its midstream energy services business. The company operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. It offers natural gas processing, NGL marketing activities, crude oil pipelines, storage, and marine terminals, natural gas pipeline systems, and petrochemical and refined products transportation and storage services. The company was founded in 1968 and is headquartered in Houston, Texas.
In ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS, the report discusses the financial condition and results of operations for the years ended December 31, 2025, and 2024. It emphasizes the company's commitment to conducting business in a safe and environmentally responsible manner and the role of its marketing activities in supporting the utilization and expansion of its assets across the midstream energy asset network.
The report also provides an overview of the current outlook, highlighting the global liquid hydrocarbon markets' shift into a modest surplus, the influence of OPEC+ group decisions on near-term balances and crude oil prices, and the projected U.S. crude oil production trends. Additionally, it discusses the forecasted natural gas production growth, LNG exports, and global liquid fuels consumption. The report emphasizes that the company's financial position, results of operations, and cash flows are subject to certain risks, including broader macroeconomic conditions, policy developments, and security considerations affecting global energy markets. The market has reacted to these announcements by moving the company's shares 0.86% to a price of $32.90. For more information, read the company's full 10-K submission here.
