On April 26, Enterprise Products Partners
- Revenues and distributable cash flow increased roughly 2% year over year to $3.3 billion and $222 million, respectively.
- On April 16, the board approved a 6.7% increase in the quarterly cash distribution to $0.475, though distributable cash flow for the quarter provided only 0.9 times coverage of the cash distribution, compared with 1.1 times a year ago.
- Enterprise is rated with five stars, the highest possible, in the Motley Fools CAPS community-intelligence database, as is natural-gas producer Chesapeake Energy
(NYSE:CHK) . Fellow big-dog pipeline operator Kinder Morgan Energy Partners(NYSE:KMP) , on the other hand, sports a four-star rating.
(Figures in millions, except per-share data.)
Income Statement HighlightsQ1 2007 | Q1 2006 | Change | |
|---|---|---|---|
Sales | $3,322.9 | $3,250.1 | 2.2% |
Net Profit | $112.0 | $133.8 | (16.2%) |
EPS | $0.20 | $0.28 | (28.6%) |
Diluted Shares | 433.3 | 396.3 | 9.3% |
Get back to basics with the income statement.
Margin Checkup
Q1 2007 | Q1 2006 | Change* | |
|---|---|---|---|
Operating Margin | 5.7% | 6% | (0.3) |
Net Margin | 3.4% | 4.1% | (0.8) |
Margins are the earnings engine.
Balance Sheet Highlights
Not available. (Boooo!)
The balance sheet reflects the company's health.
Cash Flow Highlights
Q1 2007 | Q1 2006 | Change | |
|---|---|---|---|
Cash From Ops. | $420.8 | $494.3 | (14.9%) |
Capital Expenditures | $574.9 | $304.6 | 88.7% |
Free Cash Flow | ($154.1) | $189.7 | N/A |
Free cash flow is a Fool's best friend.
Related Foolishness:
Enterprise Products Partners is a two-time Motley Fool Income Investor selection. Take a 30-day free trial to see more of what the buzz is about and to get the inside track on more high-yield investment opportunities.
Chesapeake Energy is an Inside Value selection.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
