Enterprise Products Partners L.P. (EPD) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by, and welcome to Enterprise Products Partners LP's first quarter 2026 earnings conference call. Currently, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star-1-1 on your telephone. To remove yourself from the queue, you'll need to press star-1-1 again. I would now like to hand the call over to Joe Theriak. Vice President of Finance and Investor Relations. Please go ahead. Thanks, Lateef. Good morning and welcome to the Enterprise Products Partners conference call to discuss first quarter 2026 earnings. Our speakers today will be Co-Chief Executive Officers of Enterprise's General Partner, Jim Teague and Randy Fowler. Other members of our senior management team are also in attendance for the call today. During this call, we will make forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the company, as well as assumptions made by and information currently available to Enterprise's management team. Although management believes that the expectations reflected in such forward-looking statements are reasonable and give no assurance that such expectations will prove to be correct. Please refer to our latest filings with the SEC for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call. And with that, I'll turn it over to Jim. Thank you, Joe. We got off to a very strong start this year, and the business is performing well across the board. In the first quarter, we generated $2.7 billion of EBITDA in a short quarter, and this was up 10% over last year. We generated ...