Enterprise Products Partners EPD Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other Segment Income (Expense), Net by Business | ||||||
| Crude Oil Pipelines & Services | $67M-1.5% | $68M-6.8% | $73M-6.4% | $78M+5.4% | $74M-2.6% | |
| Natural Gas Pipelines & Services | $1M-75.0% | $4M+33.3% | $3M0.0% | $3M+50.0% | $2M+100% | |
| NGL Pipelines & Services | $46M+76.9% | $26M+13.0% | $23M+15.0% | $20M-64.3% | $56M+75.0% | |
| Petrochemical & Refined Products Services | $5M-28.6% | $7M+40.0% | $5M+66.7% | $3M+200% | $1M-95.0% | |
| Revenue by Business | ||||||
| Crude Oil Pipelines & Services | $18.03B+10.0% | $16.39B-3.0% | $16.9B+19.8% | $14.11B-10.4% | $15.74B-6.8% | |
| Natural Gas Pipelines & Services | $1.46B+18.2% | $1.23B+5.7% | $1.17B-8.3% | $1.27B-12.4% | $1.45B+35.2% | |
| NGL Pipelines & Services | $20.58B+0.4% | $20.5B-2.6% | $21.05B+3.1% | $20.41B-9.0% | $22.42B+8.3% | |
| Petrochemical & Refined Products Services | $7.87B+21.4% | $6.48B+3.7% | $6.25B-20.9% | $7.9B-27.3% | $10.87B+26.2% | |
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Crude Oil Pipelines & Services | -$13M-44.4% | -$9M-80.0% | -$5M+16.7% | -$6M-200% | -$2M+33.3% | |
| Natural Gas Pipelines & Services | $1M+133% | -$3M-200% | -$1M+66.7% | -$3M— | $0+100% | |
| NGL Pipelines & Services | -$27M-1,250% | -$2M0.0% | -$2M0.0% | -$2M+94.4% | -$36M— | |
| Petrochemical & Refined Products Services | -$4M+33.3% | -$6M0.0% | -$6M-500% | -$1M0.0% | -$1M+95.0% | |
| Total Significant Segment Expenses by Business | ||||||
| Crude Oil Pipelines & Services | $17.76B+10.3% | $16.1B-3.0% | $16.6B+20.5% | $13.78B-10.8% | $15.44B-6.7% | |
| Natural Gas Pipelines & Services | $964M+21.6% | $793M-4.6% | $831M-3.3% | $859M-21.8% | $1.1B+45.8% | |
| NGL Pipelines & Services | $19.12B+0.7% | $18.99B-4.0% | $19.77B+3.3% | $19.13B-9.1% | $21.06B+9.7% | |
| Petrochemical & Refined Products Services | $7.56B+24.1% | $6.09B+3.5% | $5.88B-22.1% | $7.55B-28.5% | $10.56B+27.4% | |
| Consolidated total assets by Business | ||||||
| Crude Oil Pipelines & Services | $11.19B+0.8% | $11.1B-0.6% | $11.17B— | —— | $11.33B-0.6% | |
| Natural Gas Pipelines & Services | $13.14B-0.4% | $13.19B+1.2% | $13.04B— | —— | $12.31B+0.4% | |
| NGL Pipelines & Services | $25.02B+0.1% | $25B+6.9% | $23.39B+4.2% | $22.46B+3.3% | $21.74B-0.8% | |
| Petrochemical & Refined Products Services | $11.74B+0.1% | $11.73B+2.4% | $11.45B+1.5% | $11.28B0.0% | $11.28B-0.7% | |
| Segment Gross Operating Margin by Business | ||||||
| Crude Oil Pipelines & Services | 32,900,000,000%-2,400,000,000pp | 35,300,000,000%-1,800,000,000pp | 37,100,000,000%-3,200,000,000pp | 40,300,000,000%+2,900,000,000pp | 37,400,000,000%-4,300,000,000pp | |
| Natural Gas Pipelines & Services | 49,600,000,000%+5,100,000,000pp | 44,500,000,000%+10,600,000,000pp | 33,900,000,000%-7,800,000,000pp | 41,700,000,000%+6,000,000,000pp | 35,700,000,000%+3,400,000,000pp | |
| NGL Pipelines & Services | 150,300,000,000%-3,800,000,000pp | 154,100,000,000%+23,800,000,000pp | 130,300,000,000%+600,000,000pp | 129,700,000,000%-12,100,000,000pp | 141,800,000,000%-13,000,000,000pp | |
| Petrochemical & Refined Products Services | 31,400,000,000%-8,300,000,000pp | 39,700,000,000%+2,700,000,000pp | 37,000,000,000%+1,600,000,000pp | 35,400,000,000%+3,900,000,000pp | 31,500,000,000%-3,300,000,000pp | |
| Cost of Sales by Business | ||||||
| Crude Oil Pipelines & Services | $17.61B+10.3% | $15.96B-3.0% | $16.45B+20.4% | $13.66B-10.8% | $15.31B-6.8% | |
| Natural Gas Pipelines & Services | $754M+28.4% | $587M-4.7% | $616M-4.3% | $644M-28.4% | $899M+63.5% | |
| NGL Pipelines & Services | $18.43B+0.5% | $18.33B-4.0% | $19.09B+3.3% | $18.49B-9.5% | $20.43B+10.2% | |
| Petrochemical & Refined Products Services | $7.13B+25.2% | $5.7B+3.9% | $5.48B-23.4% | $7.16B-29.5% | $10.16B+28.7% | |
| Gross Value by Business | ||||||
| Crude Oil Pipelines & Services | $2.48B0.0% | $2.48B0.0% | $2.48B— | —— | $2.48B0.0% | |
| Natural Gas Pipelines & Services | $2.5B+0.1% | $2.5B+0.2% | $2.5B— | —— | $2.43B0.0% | |
| NGL Pipelines & Services | $1.5B0.0% | $1.5B0.0% | $1.5B+24.6% | $1.2B0.0% | $1.2B0.0% | |
| Petrochemical & Refined Products Services | $231M0.0% | $231M+2.2% | $226M0.0% | $226M0.0% | $226M0.0% | |
| Equity in income of unconsolidated affiliates by Business | ||||||
| Crude Oil Pipelines & Services | $54M-8.5% | $59M-13.2% | $68M-5.6% | $72M0.0% | $72M-1.4% | |
| Natural Gas Pipelines & Services | $2M+100% | $1M-50.0% | $2M— | $0-100% | $2M— | |
| NGL Pipelines & Services | $19M-20.8% | $24M+14.3% | $21M+16.7% | $18M-10.0% | $20M-39.4% | |
| Petrochemical & Refined Products Services | $1M0.0% | $1M+200% | -$1M-150% | $2M— | $0— | |
| Carrying Value by Business | ||||||
| Crude Oil Pipelines & Services | $1.47B-1.5% | $1.49B-1.5% | $1.51B— | —— | $1.55B-1.3% | |
| Natural Gas Pipelines & Services | $1.52B-1.1% | $1.54B-1.0% | $1.55B— | —— | $1.52B-1.2% | |
| NGL Pipelines & Services | $1.02B-1.4% | $1.03B-1.2% | $1.05B+37.1% | $763M-1.5% | $775M-1.4% | |
| Petrochemical & Refined Products Services | $100M-2.0% | $102M+3.0% | $99M-2.0% | $101M-1.0% | $102M-1.9% | |
| Fixed operating costs and expenses by Business | ||||||
| Crude Oil Pipelines & Services | $121M+17.5% | $103M-11.2% | $116M+31.8% | $88M-12.9% | $101M-2.9% | |
| Natural Gas Pipelines & Services | $192M0.0% | $192M-1.0% | $194M-0.5% | $195M+10.2% | $177M-3.8% | |
| NGL Pipelines & Services | $477M+11.2% | $429M-5.9% | $456M+3.2% | $442M+4.5% | $423M-1.2% | |
| Petrochemical & Refined Products Services | $292M+8.1% | $270M-4.3% | $282M-0.4% | $283M-3.7% | $294M+0.7% | |
| CapEx by Business | ||||||
| Crude Oil Pipelines & Services | $27M-6.9% | $29M-17.1% | $35M+40.0% | $25M+8.7% | $23M-17.9% | |
| Natural Gas Pipelines & Services | $340M+4.9% | $324M-51.9% | $674M+106% | $327M+7.9% | $303M+28.4% | |
| NGL Pipelines & Services | $492M-36.0% | $769M-29.9% | $1.1B+33.0% | $825M+29.9% | $635M-4.2% | |
| Petrochemical & Refined Products Services | $124M-30.7% | $179M+17.8% | $152M+24.6% | $122M+20.8% | $101M-23.5% | |
| Variable operating costs and expenses by Business | ||||||
| Crude Oil Pipelines & Services | $37M+5.7% | $35M-2.8% | $36M+5.9% | $34M-2.9% | $35M+16.7% | |
| Natural Gas Pipelines & Services | $18M+28.6% | $14M-33.3% | $21M+5.0% | $20M-9.1% | $22M+15.8% | |
| NGL Pipelines & Services | $221M-0.5% | $222M+1.4% | $219M+7.4% | $204M+2.5% | $199M-7.0% | |
| Petrochemical & Refined Products Services | $132M+8.2% | $122M+3.4% | $118M+10.3% | $107M+0.9% | $106M-0.9% | |
| Intangible Amortization by Business | ||||||
| Crude Oil Pipelines & Services | $23M+4.5% | $22M+4.8% | $21M0.0% | $21M0.0% | $21M-4.5% | |
| Natural Gas Pipelines & Services | $19M-5.0% | $20M+5.3% | $19M+5.6% | $18M0.0% | $18M+5.9% | |
| NGL Pipelines & Services | $14M+7.7% | $13M0.0% | $13M+8.3% | $12M+9.1% | $11M0.0% | |
| Petrochemical & Refined Products Services | $2M0.0% | $2M0.0% | $2M+100% | $1M-50.0% | $2M0.0% | |
| Investments in unconsolidated affiliates by Business | ||||||
| Crude Oil Pipelines & Services | $1.58B-0.3% | $1.58B-0.9% | $1.6B-0.9% | $1.61B-1.2% | $1.63B+0.1% | |
| Natural Gas Pipelines & Services | $31M0.0% | $31M0.0% | $31M-3.1% | $32M0.0% | $32M+6.7% | |
| NGL Pipelines & Services | $566M-1.0% | $572M-0.2% | $573M-0.9% | $578M-1.4% | $586M-2.0% | |
| Petrochemical & Refined Products Services | $2M+100% | $1M-50.0% | $2M+100% | $1M-66.7% | $3M0.0% | |
| Finite-Lived Intangible Assets, Accumulated Amortization by Business | ||||||
| Crude Oil Pipelines & Services | $1.01B+2.3% | $990M+2.3% | $968M+2.2% | $947M+2.3% | $926M+2.3% | |
| Natural Gas Pipelines & Services | $984M+2.0% | $965M+2.1% | $945M+2.1% | $926M+2.0% | $908M+2.0% | |
| NGL Pipelines & Services | $480M+3.0% | $466M+2.9% | $453M+3.0% | $440M+2.8% | $428M+2.6% | |
| Petrochemical & Refined Products Services | $131M+1.6% | $129M+1.6% | $127M+1.6% | $125M+0.8% | $124M+1.6% | |
| Revenue by Product | ||||||
| Storage and terminals | $294M+2.1% | $288M+8.3% | $266M-3.3% | $275M+4.6% | $263M-8.4% | |
| Transportation | $1.16B-31.8% | $1.7B+74.7% | $972M+3.2% | $942M-15.3% | $1.11B-30.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Enterprise Products Partners break its business down?
- Enterprise Products Partners (EPD) reports other segment income (expense), net by business across 4 parts — Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, NGL Pipelines & Services and Petrochemical & Refined Products Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Enterprise Products Partners's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Enterprise Products Partners's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
