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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Phillips 66: Q4 earnings snapshotHOUSTON (AP) _ Phillips 66 on Tuesday reported fourth-quarter profit of $1.88 billion.
Source: HoustonChron - 🏆 609. / 51 Read more »

Digital asset investment products see highest inflows since July 2022: ReportThe overall trend suggests that investors are becoming more selective in their investments, with a divided sentiment toward blockchain equities. On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest since July 2022.
Source: Cointelegraph - 🏆 562. / 51 Read more »