On Jan. 24, 2007, Enterprise Product Partners (NYSE:EPD) released fourth-quarter earnings for the period ended Dec. 31, 2006.
- Net revenue decreased by 11.4% as a result of a decrease in price for natural gas and NGL.
- Distributable cash flow increased 20% year over year, and the company increased the partnership's quarterly dividend by 7%.
- Enterprise Product Partners has a five-star rating in Motley Fool CAPS, our community intelligence database, as 148 of 150 think it will outperform the S&P 500.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$3,350.5 |
$3,780.4 |
(11.4%) |
|
Net Profit |
$132.8 |
$108.4 |
22.5% |
|
EPS |
$0.25 |
$0.23 |
8.7% |
|
Diluted Shares |
432.6 |
387.2 |
11.7% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
6.5% |
5.1% |
1.4 |
|
Operating Margin |
6.2% |
4.7% |
1.5 |
|
Net Margin |
4.0% |
2.9% |
1.1 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
No data available.
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$146.9 |
$287.1 |
(48.8%) |
|
Capital Expenditures |
$269.5 |
$229.9 |
17.2% |
|
Free Cash Flow |
($122.6) |
$57.2 |
N/A |
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Related Foolishness:
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