Enterprise Products Partners L.P.(US:EPD)2025-10-30 14:00Capital Allocation and Returns - Since IPO, the company has returned $61 billion of capital to equity investors via LP distributions and common unit buybacks[9] - Distributions for 3Q 2025 were $0.545 per unit, a 3.8% increase over 3Q 2024[9] - Buybacks in 3Q 2025 totaled $80 million, representing 2.5 million common units[9] - For the 9 months ended September 30, 2025, buybacks amounted to $250 million, representing 8 million common units[9] - Adjusted CFFO Payout Ratio was 58% TTM for 3Q 2025[9] Capital Expenditures and Financial Health - Growth Capital Expenditures are projected to be approximately $4.5 billion in 2025 and between $2.2 billion and $2.5 billion in 2026[9] - Sustaining Capital Expenditures are estimated at approximately $525 million in 2025[9] - The Leverage Ratio was 3.3x as of September 30, 2025[9] - Liquidity stood at $3.6 billion as of September 30, 2025, comprising available credit capacity and unrestricted cash[9] Operational Performance and Growth - The company has $5.1 billion of major capital projects under construction[24] - Natural Gas Processing Plant Inlet Volume has a 10% CAGR[20] - Equivalent Pipeline Transportation Volume has a 8% CAGR[21] - NGL Fractionation Volume has a 8% CAGR[21] - For the 9 months ended 2025, the gross operating margin was $7.3 billion[27]