Enterprise Products (EPD) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - For the quarter ended December 2024, Enterprise Products Partners (EPD) reported revenue of $14.2 billion, down 2.9% year-over-year [1] - EPS for the quarter was $0.74, an increase from $0.72 in the same quarter last year [1] - The reported revenue was below the Zacks Consensus Estimate of $14.31 billion, resulting in a surprise of -0.77% [1] - The company delivered an EPS surprise of +7.25%, with the consensus EPS estimate being $0.69 [1] Key Metrics - NGL Pipelines & Services net - NGL fractionation volumes per day were 1,637 million barrels of oil, exceeding the two-analyst average estimate of 1,617.29 million barrels [4] - NGL Pipelines & Services net - Fee-based natural gas processing per day was 6,994 million barrels of oil, compared to the average estimate of 6,574.51 million barrels [4] - NGL Pipelines & Services net - NGL pipeline transportation volumes per day were 4,768 million barrels of oil, surpassing the estimated 4,265.66 million barrels [4] - Natural Gas Pipelines & Services net - Natural gas transportation volumes per day were 19,925 BBtu/D, exceeding the average estimate of 19,015.39 BBtu/D [4] - Gross operating margin for NGL Pipelines & Services was $1.55 billion, above the average estimate of $1.43 billion [4] - Gross operating margin for Petrochemical & Refined Products Services was $348 million, below the estimated $428.05 million [4] - Gross operating margin for Natural Gas Pipelines & Services was $323 million, exceeding the average estimate of $280.28 million [4] - Gross operating margin for Crude Oil Pipelines & Services was $417 million, slightly above the estimated $406.41 million [4] Stock Performance - Shares of Enterprise Products have returned +3.8% over the past month, compared to the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]