Enterprise Products: Q4 Earnings Snapshot

The Enterprise Products facility along Hatcherville Road in Mont Belvieu. The company on Wednesday reported fourth-quarter net income of $1.42 billion.Enterprise Products Partners L.P. on Wednesday reported fourth-quarter net income of $1.42 billion.The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The provider of midstream energy services posted revenue of $13.65 billion in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $14.28 billion. For the year, the company reported profit of $5.62 billion, or $2.50 per share. Revenue was reported as $58.19 billion.

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