Earnings per unit were 46 cents vs. 32 cents the previous year. Revenue was at $7.54 billion vs. $5.43 billion the previous year. During the quarter, NGL (natural gas liquid), crude oil, refined products and petrochemical pipeline volumes averaged 4 million barrels per day, while natural gas pipeline volumes were at a record 12.7 trillion Btu a day and equity NGL production was at a record 125,000 barrels a day. >>Search for Highest Dividends by Rate or Yield The Wall Street consensus for Enterprise Products' second-quarter earnings was 44 cents a unit on revenue of $7.99 billion. After rising to as high as $39.29 in the morning, from an opening price of $38.97, shares of Enterprise Products are trading at $38.49, down 0.6% on the day.
NEW YORK ( TheStreet) -- Enterprise Products ( EPD) said net income for the second quarter rose 91% to $357.2 million from $186.6 million a year earlier as the company continued to see strong volumes across its midstream system, which operated at or near record levels.
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