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Enterprise Products Partners records $2.3 billion in Q3 DCF, strengthening dividend capacity

Nasdaq +1 · ·by G4L

EPD Enterprise Products Partners L P
$36.70 -0.89%
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  1. 1Enterprise Products Partners recorded $2.3 billion in DCF (distributable cash flow) through normal operations in the third quarter.
  2. 2Enterprise Products Partners grew its distributions by 2.8% over the past 12 months.
  3. 3Management stated that global conflicts are driving overseas demand for US liquefied natural gas and other products.

So what's the key point?

Enterprise Products Partners earned $2.3 billion in cash during the third quarter. This money allows the company to increase the dividends paid out to shareholders.

Source Nasdaq +1 · View original ↗

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