On April 26, Enterprise Products Partners (NYSE:EPD) released first-quarter earnings for the period ended March 31.

  • 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 Highlights

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Margin Checkup

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*Expressed in percentage points.

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Balance Sheet Highlights
Not available. (Boooo!)

The balance sheet reflects the company's health.

Cash Flow Highlights

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Free Cash Flow




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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.

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