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

*Expressed in percentage points.

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

*Mentioned as an extension of income statement.

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Related Foolishness:

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