Enterprise Products Partners L P : Selected Financial Data, Quarter Ended September 30 2025

About this update from Enterprise Products Partners L.p.

Enterprise Products Partners L.P. Selected Financial Data through September 30, 2025 1100 Louisiana Street, 10th Floor, Houston, TX 77002 | (713) 381-6500 | https://www.enterpriseproducts.com Investor Relations Contacts: Libby Strait, Vice President Gayl Fogata, Manager Phone: (713) 381-4754 Phone: (713) 381-4062 Fax: (713) 381-8200 Fax: (713) 381-8200 Mobile: (832) 596-9139 Mobile: (346) 221-5278 Email: [email protected] Email: [email protected] This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Enterprise Products Partners L.P. Selected Financial Data - 3Q 2025 Table of Contents Page Financial & Operating Highlights 3 Partnership Unit Data 6 Capitalization Data 7 Statements of Consolidated Operations 9 Consolidated Balance Sheets 10 Statements of Consolidated Cash Flows 11 Calculation of Distributable Cash Flow 12 Calculation of Free Cash Flow & Adjusted Free Cash Flow 13 Calculation of Adjusted Cash Flow from Operations 13 Operating Data by Business Segment 14 Unconsolidated Affiliates Investment Detail 18 Non-GAAP Reconciliations to GAAP 19 Energy and Petrochemical Industry Data 20 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. 2 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Financial & Operating Highlights (Amounts in millions, except per unit amounts) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Summary Financial Data: Revenues $ 58,186 $ 49,715 $ 14,760 $ 13,483 $ 13,775 $ 14,201 $ 56,219 $ 15,417 $ 11,363 $ 12,023 $ 38,803 Operating income $ 6,907 $ 6,929 $ 1,822 $ 1,765 $ 1,780 $ 1,971 $ 7,338 $ 1,761 $ 1,795 $ 1,686 $ 5,242 Net income attributable to common unitholders $ 5,487 $ 5,529 $ 1,456 $ 1,405 $ 1,417 $ 1,619 $ 5,897 $ 1,393 $ 1,435 $ 1,338 $ 4,166 Earnings per unit (fully diluted) $ 2.50 $ 2.52 $ 0.66 $ 0.64 $ 0.65 $ 0.74 $ 2.69 $ 0.64 $ 0.66 $ 0.61 $ 1.90 Gross operating margin by business segment: NGL Pipelines & Services $ 5,142 $ 4,898 $ 1,340 $ 1,325 $ 1,335 $ 1,548 $ 5,548 $ 1,418 $ 1,297 $ 1,303 $ 4,018 Crude Oil Pipelines & Services 1,655 1,707 411 417 401 417 1,646 374 403 371 1,148 Natural Gas Pipelines & Services 1,042 1,077 312 293 349 323 1,277 357 417 339 1,113 Petrochemical & Refined Products Services 1,517 1,694 444 392 363 348 1,547 315 354 370 1,039 Total segment gross operating margin (a) 9,356 9,376 2,507 2,427 2,448 2,636 10,018 2,464 2,471 2,383 7,318 Net adjustment for shipper make-up rights (b) (47) 19 (17) (15) 6 (8) (34) (33) 6 2 (25) Non-GAAP total gross operating margin 9,309 9,395 2,490 2,412 2,454 2,628 9,984 2,431 2,477 2,385 7,293 Adjustments to reconcile non-GAAP total gross operating margin to GAAP operating income (addition or subtraction by sign): Depreciation, amortization and accretion expense in operating costs and expenses (c) (2,107) (2,215) (582) (581) (586) (594) (2,343) (602) (610) (625) (1,837) Asset impairment charges in operating costs and expenses (53) (30) (20) (4) (27) (6) (57) (10) (11) (17) (38) Net gains or losses attributable to asset sales and related matters in operating costs and expenses (1) 10 - (5) - 3 (2) 2 7 4 13 General and administrative costs (241) (231) (66) (57) (61) (60) (244) (60) (68) (61) (189) Operating income $ 6,907 $ 6,929 $ 1,822 $ 1,765 $ 1,780 $ 1,971 $ 7,338 $ 1,761 $ 1,795 $ 1,686 $ 5,242 Non-GAAP Adjusted EBITDA (See page 19) $ 9,309 $ 9,318 $ 2,469 $ 2,389 $ 2,442 $ 2,599 $ 9,899 $ 2,444 $ 2,408 $ 2,405 $ 7,257 LTM Non-GAAP Adjusted EBITDA $ 9,309 $ 9,318 $ 9,466 $ 9,684 $ 9,799 $ 9,899 $ 9,899 $ 9,874 $ 9,893 $ 9,856 $ 9,856 Net cash flow provided by operating activities $ 8,039 $ 7,569 $ 2,111 $ 1,574 $ 2,072 $ 2,358 $ 8,115 $ 2,314 $ 2,061 $ 1,738 $ 6,113 Non-GAAP Adjusted Cash Flow from Operations (See page 13) $ 8,093 $ 8,124 $ 2,147 $ 2,065 $ 2,108 $ 2,301 $ 8,621 $ 2,111 $ 2,111 $ 2,060 $ 6,282 Non-GAAP Distributable Cash Flow (See pages 12 and 19) $ 7,751 $ 7,601 $ 1,915 $ 1,812 $ 1,957 $ 2,155 $ 7,839 $ 2,013 $ 1,939 $ 1,825 $ 5,777 Non-GAAP Free Cash Flow (See page 13) $ 2,929 $ 4,256 $ 1,043 $ 323 $ 907 $ 393 $ 2,666 $ 1,258 $ 762 $ (226) $ 1,794 Non-GAAP Adjusted Free Cash Flow (See page 13) $ 2,983 $ 4,811 $ 1,079 $ 814 $ 943 $ 336 $ 3,172 $ 1,055 $ 812 $ 96 $ 1,963 Weighted-average units outstanding - Basic EPU 2,177.790 2,172.139 2,170.406 2,171.203 2,169.062 2,166.686 2,169.331 2,167.502 2,167.644 2,164.331 2,166.481 Weighted-average units outstanding - Fully diluted EPU 2,198.564 2,194.029 2,193.572 2,194.276 2,191.816 2,189.087 2,192.076 2,190.584 2,190.006 2,186.295 2,188.990 Within the context of this table, total segment gross operating margin represents a subtotal and corresponds to measures similarly titled and presented within the business segment footnote found in our consolidated financial statements. Gross operating margin by segment for NGL Pipelines & Services and Crude Oil Pipelines & Services reflect adjustments for shipper make-up rights that are included in management's evaluation of segment results. However, these adjustments are excluded from non-GAAP total gross operating margin. Excludes amortization of major maintenance costs for reaction-based plants and amortization of finance lease right-of-use assets, which are components of gross operating margin. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Financial & Operating Highlights (continued) (Volumes as noted) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Selected Operating Data (a): Thousands of barrels per day ("MBPD"), net: NGL Pipeline Transportation 3,791 4,116 4,238 4,341 4,303 4,814 4,426 4,447 4,562 4,694 4,570 Crude Oil Pipeline Transportation 2,288 2,552 2,456 2,528 2,537 2,595 2,528 2,484 2,622 2,631 2,581 Petrochemical & Refined Products Pipeline Transportation 754 846 870 960 995 961 947 949 1,008 1,056 1,003 Total NGL, Crude Oil, Petrochemical and Refined Products Transportation 6,833 7,514 7,564 7,829 7,835 8,370 7,901 7,880 8,192 8,381 8,154 NGL Marine Terminals 723 821 895 876 887 1,005 915 994 942 908 947 Crude Oil Marine Terminals 788 913 1,094 977 910 841 955 736 811 720 757 Petrochemical & Refined Products Marine Terminals 225 343 350 359 286 310 326 311 328 347 329 Total NGL, Crude Oil, Petrochemical and Refined Products Marine Terminals 1,736 2,077 2,339 2,212 2,083 2,156 2,196 2,041 2,081 1,975 2,033 NGL Fractionation 1,444 1,570 1,642 1,679 1,662 1,688 1,667 1,652 1,667 1,636 1,650 Propylene Production 113 107 106 107 124 113 112 113 118 119 117 Butane Isomerization 108 112 117 119 116 120 118 114 122 123 120 Standalone Deisobutanizers ("DIBs") 159 176 196 211 191 194 198 188 186 196 190 Total Fractionation, Production, Isomerization and DIBs 1,824 1,965 2,061 2,116 2,093 2,115 2,095 2,067 2,093 2,074 2,077 Equity NGL-Equivalent Production 177 176 185 218 204 203 203 225 214 225 221 Octane Enhancement and Related Plant Sales 39 36 35 39 37 33 37 46 39 41 42 Billions of British Thermal Units per day ("BBtus/d"), net: Natural Gas Transportation 16,949 18,371 18,934 18,714 19,517 19,929 19,276 20,310 20,405 21,027 20,583 Total Natural Gas Transportation 16,949 18,371 18,934 18,714 19,517 19,929 19,276 20,310 20,405 21,027 20,583 Million Cubic Feet per day ("MMcf/d"), net: Fee-based Natural Gas Processing 5,119 5,923 6,421 6,578 6,850 7,078 6,733 7,181 7,266 7,454 7,303 Natural Gas Processing Inlet 6,404 6,796 7,144 7,513 7,624 7,675 7,490 7,719 7,768 8,057 7,849 Operating rates are calculated based on total volumes divided by the number of calendar days during the applicable period. Total volumes, which include volumes for newly constructed assets from the related in-service date and for recently purchased assets from the related acquisition date, reflect volumes for assets owned by consolidated entities on a 100% basis and volumes for assets owned by our unconsolidated affiliates net to our ownership interest. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Financial & Operating Highlights (continued) (Amounts in millions, except per unit amounts) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Distributable Cash Flow and Unit Coverage Ratio: Distributable Cash Flow $ 7,751 $ 7,601 $ 1,915 $ 1,812 $ 1,957 $ 2,155 $ 7,839 $ 2,013 $ 1,939 $ 1,825 $ 5,777 Coverage - weighted-average distribution-bearing common units 1.87x 1.75x 1.71x 1.59x 1.72x 1.86x 1.72x 1.73x 1.64x 1.55x 1.64x Coverage - weighted-average total common units 1.85x 1.73x 1.70x 1.58x 1.70x 1.84x 1.70x 1.72x 1.63x 1.53x 1.63x Distributions of Cash during Period: Total Total Total Total Date of distribution 2022 2023 2/14/2024 5/14/2024 8/14/2024 11/14/2024 2024 2/14/2025 5/14/2025 8/14/2025 2025 Cash distribution ($/unit) $ 1.8800 $ 1.9800 $ 0.5150 $ 0.5150 $ 0.5250 $ 0.5250 $ 2.0800 $ 0.5350 $ 0.5350 $ 0.5450 $ 1.6150 Cash distributed to common units $ 4,095 $ 4,301 $ 1,117 $ 1,118 $ 1,139 $ 1,138 $ 4,512 $ 1,159 $ 1,160 $ 1,180 $ 3,499 Common units subject to distribution 2,177.908 2,172.232 2,168.245 2,171.558 2,170.302 2,167.575 2,169.415 2,165.700 2,168.903 2,165.247 2,166.608 Cash distributed to distribution equivalent right-bearing phantom units $ 34 $ 38 $ 10 $ 11 $ 11 $ 11 $ 43 $ 11 $ 11 $ 11 $ 33 Distribution equivalent right-bearing phantom units subject to distribution 18.238 19.442 19.551 21.378 21.009 20.722 20.667 20.586 20.961 20.325 20.622 Total cash distribution paid to common unitholders, including distribution equivalent rights on phantom unit awards $ 4,129 $ 4,339 $ 1,127 $ 1,129 $ 1,150 $ 1,149 $ 4,555 $ 1,170 $ 1,171 $ 1,191 $ 3,532 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Partnership Unit Data (Amounts in millions) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Total units outstanding, beginning of period 2,176.380 2,170.806 2,168.245 2,171.558 2,170.302 2,167.752 2,168.245 2,165.700 2,168.903 2,165.556 2,165.700 Total units outstanding, end of period 2,170.806 2,168.245 2,171.558 2,170.302 2,167.752 2,165.700 2,165.700 2,168.903 2,165.556 2,163.127 2,163.127 Weighted-average total units outstanding 2,177.790 2,172.139 2,170.406 2,171.203 2,169.062 2,166.686 2,169.331 2,167.502 2,167.644 2,164.331 2,166.481 Distribution Equivalent Right-bearing Phantom Unit Awards (a): Total units outstanding, beginning of period 17.171 17.983 19.557 21.481 21.055 20.735 19.557 20.592 20.997 20.346 20.592 Total units outstanding, end of period 17.983 19.557 21.481 21.055 20.735 20.592 20.592 20.997 20.346 20.084 20.084 Weighted-average total units outstanding 18.514 19.822 21.298 21.191 20.877 20.655 21.004 21.475 20.590 20.203 20.752 Preferred units (b): Total common unit equivalents outstanding, beginning of period 2.482 2.260 2.068 1.868 1.884 1.879 2.068 1.747 1.608 1.774 1.747 Total common unit equivalents outstanding, end of period 2.260 2.068 1.868 1.884 1.879 1.747 1.747 1.608 1.774 1.762 1.762 Weighted-average total common unit equivalents outstanding 2.260 2.068 1.868 1.882 1.877 1.746 1.741 1.607 1.772 1.761 1.757 Total of all Units used in Fully Diluted EPU Calculation: Total units outstanding, beginning of period 2,196.033 2,191.049 2,189.870 2,194.907 2,193.241 2,190.366 2,189.870 2,188.039 2,191.508 2,187.676 2,188.039 Total units outstanding, end of period 2,191.049 2,189.870 2,194.907 2,193.241 2,190.366 2,188.039 2,188.039 2,191.508 2,187.676 2,184.973 2,184.973 Weighted-average total units outstanding 2,198.564 2,194.029 2,193.572 2,194.276 2,191.816 2,189.087 2,192.076 2,190.584 2,190.006 2,186.295 2,188.990 Partnership Unit Data for EPU Calculation: Common Units: Consists of distribution equivalent right-bearing phantom unit awards issued to key personnel that work on our behalf. Consists of non-publicly traded preferred units having a stated value of $1,000 per unit. Amounts represent the common unit equivalent, which was calculated using the "if-converted method" to determine the potential dilutive effect of the conversion of preferred units issued. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Capitalization Data 2022 2023 1Q24 2Q24 3Q24 Y/E 2024 1Q25 2Q25 3Q25 pitalization for the period ended: Cash and Cash Equivalents $ 76 $ 180 $ 283 $ 138 $ 1,434 $ 583 $ 220 $ 870 $ 206 Debt: Current maturities of debt $ 1,744 $ 1,300 $ 1,149 $ 2,049 $ 1,149 $ 1,150 $ 2,453 $ 1,623 $ 2,464 Senior debt obligations - principal 24,525 25,425 26,275 26,275 28,775 28,775 27,150 29,150 29,150 Junior subordinated notes - principal 2,296 2,296 2,296 2,296 2,296 2,282 2,282 2,282 2,282 Other (270) (273) (286) (282) (315) (311) (305) (322) (318) Total debt $ 28,295 $ 28,748 $ 29,434 $ 30,338 $ 31,905 $ 31,896 $ 31,580 $ 32,733 $ 33,578 Net debt $ 28,219 $ 28,568 $ 29,151 $ 30,200 $ 30,471 $ 31,313 $ 31,360 $ 31,863 $ 33,372 Redeemable preferred limited partner interests: Series A cumulative convertible preferred units 49 49 49 49 50 50 50 50 50 Equity: Common units $ 27,555 $ 28,663 $ 28,831 $ 29,110 $ 29,343 $ 29,793 $ 29,927 $ 30,127 $ 30,242 Treasury units (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) Accumulated other comprehensive income (loss) 365 307 143 176 303 236 285 236 264 Noncontrolling interests in consolidated subsidiaries 1,079 1,086 800 808 809 857 860 853 841 Total equity $ 27,702 $ 28,759 $ 28,477 $ 28,797 $ 29,158 $ 29,589 $ 29,775 $ 29,919 $ 30,050 Total capitalization net of cash and cash equivalents $ 55,970 $ 57,376 $ 57,677 $ 59,046 $ 59,679 $ 60,952 $ 61,185 $ 61,832 $ 63,472 Net Debt to LTM Adjusted EBITDA (a) 2.91x 2.94x 2.96x 3.00x 2.99x 3.05x 3.06x 3.11x 3.27x Total Debt to LTM Adjusted EBITDA (a) 2.92x 2.96x 2.99x 3.01x 3.14x 3.11x 3.08x 3.19x 3.29x LTM Adjusted EBITDA Interest Coverage 7.48x 7.34x 7.36x 7.36x 7.36x 7.32x 7.25x 7.27x 7.18x (Amounts in millions) Y/E Y/E Ca Debt in this calculation is reduced for the average 50% equity content ascribed, at issuance, to our Junior Subordinated Notes by the nationally recognized rating agencies. Net debt reflects total debt reduced by cash and cash equivalents. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Capitalization Data (continued) (Amounts in millions) Debt Principal Maturity Schedule at September 30, 2025: Remainder of 2025 2026 2027 2028 2029 Thereafter Total EPO senior debt obligations: Commercial Paper Notes, variable-rate $ 840 $ - $ - $ - $ - $ - $ 840 Senior Notes FFF, 5.05% fixed-rate, due January 2026 - 750 - - - - 750 Senior Notes PP, 3.70% fixed-rate, due February 2026 - 875 - - - - 875 Senior Notes HHH, 4.60% fixed-rate, due January 2027 - - 1,000 - - - 1,000 Senior Notes SS, 3.95% fixed-rate, due February 2027 - - 575 - - - 575 Senior Notes LLL, 4.30% fixed-rate, due June 2028 - - - 500 - - 500 Senior Notes WW, 4.15% fixed-rate, due October 2028 - - - 1,000 - - 1,000 Senior Notes YY, 3.125% fixed-rate, due July 2029 - - - - 1,250 - 1,250 Senior Notes AAA, 2.8% fixed-rate, due January 2030 - - - - - 1,250 1,250 Senior Notes MMM, 4.60% fixed-rate, due January 2031 - - - - - 750 750 Senior Notes GGG, 5.35% fixed-rate, due January 2033 - - - - - 1,000 1,000 Senior Notes D, 6.875% fixed-rate, due March 2033 - - - - - 500 500 Senior Notes III, 4.85% fixed-rate, due January 2034 - - - - - 1,000 1,000 Senior Notes H, 6.65% fixed-rate, due October 2034 - - - - - 350 350 Senior Notes JJJ, 4.95% fixed-rate, due February 2035 - - - - - 1,100 1,100 Senior Notes J, 5.75% fixed-rate, due March 2035 - - - - - 250 250 Senior Notes NNN, 5.20% fixed-rate, due January 2036 - - - - - 750 750 Senior Notes W, 7.55% fixed-rate, due April 2038 - - - - - 400 400 Senior Notes R, 6.125% fixed-rate, due October 2039 - - - - - 600 600 Senior Notes Z, 6.45% fixed-rate, due September 2040 - - - - - 600 600 Senior Notes BB, 5.95% fixed-rate, due February 2041 - - - - - 750 750 Senior Notes DD, 5.70% fixed-rate, due February 2042 - - - - - 600 600 Senior Notes EE, 4.85% fixed-rate, due August 2042 - - - - - 750 750 Senior Notes GG, 4.45% fixed-rate, due February 2043 - - - - - 1,100 1,100 Senior Notes II, 4.85% fixed-rate, due March 2044 - - - - - 1,400 1,400 Senior Notes KK, 5.10% fixed-rate, due February 2045 - - - - - 1,150 1,150 Senior Notes QQ, 4.90% fixed-rate, due May 2046 - - - - - 975 975 Senior Notes UU, 4.25% fixed-rate, due February 2048 - - - - - 1,250 1,250 Senior Notes XX, 4.80% fixed-rate, due February 2049 - - - - - 1,250 1,250 Senior Notes ZZ, 4.20% fixed-rate, due January 2050 - - - - - 1,250 1,250 Senior Notes BBB, 3.70% fixed-rate, due January 2051 - - - - - 1,000 1,000 Senior Notes DDD, 3.20% fixed-rate, due February 2052 - - - - - 1,000 1,000 Senior Notes EEE, 3.30% fixed-rate, due February 2053 - - - - - 1,000 1,000 Senior Notes NN, 4.95% fixed-rate, due October 2054 - - - - - 400 400 Senior Notes KKK, 5.55% fixed-rate, due February 2055 - - - - - 1,400 1,400 Senior Notes CCC, 3.95% fixed-rate, due January 2060 - - - - - 1,000 1,000 EPO Junior Subordinated Notes C, variable-rate, due June 2067 - - - - - 232 232 EPO Junior Subordinated Notes D, variable-rate, due August 2077 - - - - - 350 350 EPO Junior Subordinated Notes E, fixed/variable-rate, due August 2077 - - - - - 1,000 1,000 EPO Junior Subordinated Notes F, fixed/variable-rate, due February 2078 - - - - - 700 700 Total $ 840 $ 1,625 $ 1,575 $ 1,500 $ 1,250 $ 27,107 $ 33,897 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Statements of Consolidated Operations (Amounts in millions, except per unit amounts) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Revenues $ 58,186 $ 49,715 $ 14,760 $ 13,483 $ 13,775 $ 14,201 $ 56,219 $ 15,417 $ 11,363 $ 12,023 $ 38,803 Costs and expenses: Operating costs and expenses 51,502 43,017 12,974 11,762 12,033 12,276 49,045 13,690 9,592 10,366 33,648 General and administrative costs 241 231 66 57 61 60 244 60 68 61 189 Total costs and expenses 51,743 43,248 13,040 11,819 12,094 12,336 49,289 13,750 9,660 10,427 33,837 Equity in income of unconsolidated affiliates 464 462 102 101 99 106 408 94 92 90 276 Operating income 6,907 6,929 1,822 1,765 1,780 1,971 7,338 1,761 1,795 1,686 5,242 Other income (expense): Interest expense (1,244) (1,269) (331) (332) (343) (346) (1,352) (340) (332) (354) (1,026) Other, net 34 41 13 4 14 18 49 9 7 11 27 Total other expense, net (1,210) (1,228) (318) (328) (329) (328) (1,303) (331) (325) (343) (999) Income before income taxes 5,697 5,701 1,504 1,437 1,451 1,643 6,035 1,430 1,470 1,343 4,243 Benefit from (provision for) income taxes (82) (44) (21) (15) (19) (10) (65) (24) (16) 13 (27) Net income 5,615 5,657 1,483 1,422 1,432 1,633 5,970 1,406 1,454 1,356 4,216 Net income attributable to noncontrolling interests (125) (125) (26) (16) (14) (13) (69) (12) (18) (17) (47) Net income attributable to preferred units (3) (3) (1) (1) (1) (1) (4) (1) (1) (1) (3) Net income attributable to common unitholders $ 5,487 $ 5,529 $ 1,456 $ 1,405 $ 1,417 $ 1,619 $ 5,897 $ 1,393 $ 1,435 $ 1,338 $ 4,166 Earnings per unit: Basic earnings per unit $ 2.50 $ 2.52 $ 0.66 $ 0.64 $ 0.65 $ 0.74 $ 2.69 $ 0.64 $ 0.66 $ 0.61 $ 1.91 Number of units used in calculation 2,177.790 2,172.139 2,170.406 2,171.203 2,169.062 2,166.686 2,169.331 2,167.502 2,167.644 2,164.331 2,166.481 Diluted earnings per unit $ 2.50 $ 2.52 $ 0.66 $ 0.64 $ 0.65 $ 0.74 $ 2.69 $ 0.64 $ 0.66 $ 0.61 $ 1.90 Number of units used in calculation 2,198.564 2,194.029 2,193.572 2,194.276 2,191.816 2,189.087 2,192.076 2,190.584 2,190.006 2,186.295 2,188.990 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Consolidated Balance Sheets Y/E 2022 2023 1Q24 2Q24 3Q24 2024 1Q25 2Q25 3Q25 ASSETS Current assets: Cash and cash equivalents $ 76 $ 180 $ 283 $ 138 $ 1,434 $ 583 $ 220 $ 870 $ 206 Restricted cash 130 140 101 296 239 255 234 226 226 Accounts receivable - trade, net 6,964 7,765 7,592 8,647 8,197 9,236 7,853 7,560 7,515 Accounts receivable - related parties 11 7 6 8 5 4 2 2 1 Inventories 2,554 3,352 3,257 3,356 3,319 3,955 3,233 3,969 4,160 Prepaid and other current assets 863 804 854 1,008 1,191 1,100 1,221 1,533 1,129 Total current assets 10,598 12,248 12,093 13,453 14,385 15,133 12,763 14,160 13,237 Property, plant and equipment, net 44,401 45,804 46,431 47,436 48,099 49,062 49,715 50,495 51,511 Investments in unconsolidated affiliates 2,352 2,330 2,321 2,292 2,268 2,259 2,251 2,221 2,201 Intangible assets, net 3,965 3,770 3,720 3,671 3,619 4,005 3,953 3,902 4,207 Goodwill 5,608 5,608 5,608 5,608 5,608 5,712 5,712 5,712 5,712 Other assets 1,184 1,222 1,200 1,101 1,083 997 1,012 952 954 Total assets $ 68,108 $ 70,982 $ 71,373 $ 73,561 $ 75,062 $ 77,168 $ 75,406 $ 77,442 $ 77,822 LIABILITIES AND EQUITY Current liabilities: Current maturities of debt $ 1,744 $ 1,300 $ 1,149 $ 2,049 $ 1,149 $ 1,150 $ 2,453 $ 1,623 $ 2,464 Accounts payable - trade 743 1,195 1,372 1,147 1,203 1,227 1,334 1,326 1,359 Accounts payable - related parties 232 199 82 109 137 198 91 128 161 Accrued product payables 7,988 8,911 9,297 9,859 9,219 10,777 9,421 9,721 9,532 Accrued interest 426 455 254 487 270 536 261 520 288 Other current liabilities 1,132 1,071 876 1,158 1,426 1,289 1,312 1,439 1,246 Total current liabilities 12,265 13,131 13,030 14,809 13,404 15,177 14,872 14,757 15,050 Long-term debt 26,551 27,448 28,285 28,289 30,756 30,746 29,127 31,110 31,114 Deferred tax liabilities 600 611 620 625 634 656 667 672 655 Other long-term liabilities 941 984 912 992 1,060 950 915 934 903 Redeemable preferred limited partner interests: Series A cumulative convertible preferred units 49 49 49 49 50 50 50 50 50 Equity: Partners' equity: Common units 27,555 28,663 28,831 29,110 29,343 29,793 29,927 30,127 30,242 Treasury units (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) (1,297) Accumulated other comprehensive income (loss) 365 307 143 176 303 236 285 236 264 Total partners' equity 26,623 27,673 27,677 27,989 28,349 28,732 28,915 29,066 29,209 Noncontrolling interests in consolidated subsidiaries 1,079 1,086 800 808 809 857 860 853 841 Total equity 27,702 28,759 28,477 28,797 29,158 29,589 29,775 29,919 30,050 Total liabilities and equity $ 68,108 $ 70,982 $ 71,373 $ 73,561 $ 75,062 $ 77,168 $ 75,406 $ 77,442 $ 77,822 Working capital $ (1,667) $ (883) $ (937) $ (1,356) $ 981 $ (44) $ (2,109) $ (597) $ (1,813) (Amounts in millions) Y/E Y/E This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Statements of Consolidated Cash Flows (Amounts in millions) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Operating Activities: Net income $ Reconciliation of net income to net cash flow provided by operating activities: 5,615 $ 5,657 $ 1,483 $ 1,422 $ 1,432 $ 1,633 $ 5,970 $ 1,406 $ 1,454 $ 1,356 $ 4,216 Depreciation and accretion 1,797 1,871 488 493 498 508 1,987 511 519 531 1,561 Amortization of intangible assets 177 201 50 51 54 52 207 52 52 55 159 Amortization of major maintenance costs for reaction-based plants 51 64 13 14 15 17 59 16 15 18 49 Other amortization expense 220 207 65 53 51 51 220 57 57 56 170 Impairment of assets other than goodwill 53 32 20 4 27 6 57 10 11 17 38 Equity in income of unconsolidated affiliates (464) (462) (102) (101) (99) (106) (408) (94) (92) (90) (276) Distributions received on earnings from unconsolidated affiliates 446 446 97 107 99 103 406 88 101 91 280 Net losses (gains) attributable to asset sales and related matters 1 (10) - 5 - (3) 2 (2) (7) (4) (13) Deferred income tax expense (benefit) 60 12 9 5 9 22 45 11 5 (17) (1) Change in fair market value of derivative instruments 78 33 4 (12) (3) (9) (20) 42 (52) 34 24 Non-cash expense related to long-term operating leases 59 72 20 23 25 27 95 28 27 27 82 Net effect of changes in operating accounts (54) (555) (36) (491) (36) 57 (506) 203 (50) (322) (169) Other operating activities - 1 - 1 - - 1 (14) 21 (14) (7) Net cash flow provided by operating activities 8,039 7,569 2,111 1,574 2,072 2,358 8,115 2,314 2,061 1,738 6,113 Investing Activities: Capital expenditures (1,964) (3,266) (1,047) (1,264) (1,174) (1,059) (4,544) (1,062) (1,299) (1,958) (4,319) Cash used for business combinations, net of cash received (3,204) - - - - (949) (949) - - - -Investments in unconsolidated affiliates (1) (2) - - - - - (1) - (1) Proceeds from asset sales and other matters 122 42 2 4 5 3 14 4 11 6 21 Distributions received for return of capital from unconsolidated affiliates 98 42 15 24 25 13 77 15 20 21 56 Other investing activities (5) (13) (8) (7) (8) (8) (31) (4) (5) (4) (13) Net cash flow used in investing activities (4,954) (3,197) (1,038) (1,243) (1,152) (2,000) (5,433) (1,047) (1,274) (1,935) (4,256) Financing Activities: Borrowings under debt agreements 96,140 89,899 14,328 23,953 14,175 1,259 53,715 19,103 30,462 21,469 71,034 Repayments of debt (97,395) (89,447) (13,632) (23,053) (12,586) (1,275) (50,546) (19,423) (29,297) (20,629) (69,349) Debt issuance costs (1) (17) (18) (1) (25) - (44) (12) (13) (4) (29) Cash distributions paid to common unitholders (4,095) (4,301) (1,117) (1,118) (1,139) (1,138) (4,512) (1,159) (1,160) (1,180) (3,499) Cash payments made in connection with distribution equivalent rights (34) (38) (10) (11) (11) (11) (43) (11) (11) (11) (33) Cash distributions paid to noncontrolling interests (163) (160) (38) (25) (21) (22) (106) (13) (26) (29) (68) Cash contributions from noncontrolling interests 7 44 8 17 8 57 90 4 1 - 5 Monetization of interest rate derivative instruments - 21 (29) - (4) - (33) - 14 - 14 Repurchase of common units under 2019 Buyback Program (250) (188) (40) (40) (76) (63) (219) (60) (110) (80) (250) Acquisition of noncontrolling interest - (10) (400) - - - (400) - - - - Other financing activities (53) (61) (61) (3) (2) - (66) (80) (5) (3) (88) Net cash flow provided by (used in) financing activities (5,844) (4,258) (1,009) (281) 319 (1,193) (2,164) (1,651) (145) (467) (2,263) Net change in cash and cash equivalents, including restricted cash (2,759) 114 64 50 1,239 (835) 518 (384) 642 (664) (406) Cash and cash equivalents, including restricted cash, at beginning of period 2,965 206 320 384 434 1,673 320 838 454 1,096 838 Cash and cash equivalents, including restricted cash, at end of period $ 206 $ 320 $ 384 $ 434 $ 1,673 $ 838 $ 838 $ 454 $ 1,096 $ 432 $ 432 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Calculation of Distributable Cash Flow Total 2022 Total 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 $ 5,487 $ 5,529 $ 1,456 $ 1,405 $ 1,417 $ 1,619 $ 5,897 $ 1,393 $ 1,435 $ 1,338 $ 4,166 (Amounts in millions, except per unit amounts) Net income attributable to common unitholders (GAAP) Adjustments to GAAP Net Income Attributable to Common Unitholders to derive non-GAAP Distributable Cash Flow and Operational DCF (addition or subtraction indicated by sign): Depreciation, amortization and accretion expenses (a) 2,245 2,343 616 611 618 628 2,473 636 643 660 1,939 Cash distributions received from unconsolidated affiliates 544 488 112 131 124 116 483 103 121 112 336 Equity in income of unconsolidated affiliates (464) (462) (102) (101) (99) (106) (408) (94) (92) (90) (276) Change in fair market value of derivative instruments 78 33 4 (12) (3) (9) (20) 42 (52) 34 24 Sustaining capital expenditures (372) (413) (180) (245) (129) (113) (667) (102) (117) (198) (417) Asset impairment charges 53 32 20 4 27 6 57 10 11 17 38 Deferred income tax expense (benefit) 60 12 9 5 9 22 45 11 5 (17) (1) Other, net (2) (24) 7 10 (8) (11) (2) 10 (40) (37) (67) Operational DCF (non-GAAP) 7,629 7,538 1,942 1,808 1,956 2,152 7,858 2,009 1,914 1,819 5,742 Proceeds from asset sales and other matters Monetization of interest rate derivative instruments accounted for 122 42 2 4 5 3 14 4 11 6 21 as cash flow hedges - 21 (29) - (4) - (33) - 14 - 14 Distributable Cash Flow (non-GAAP) $ 7,751 $ 7,601 $ 1,915 $ 1,812 $ 1,957 $ 2,155 $ 7,839 $ 2,013 $ 1,939 $ 1,825 $ 5,777 Units subject to Quarterly Cash Distribution: Common units 2,176.520 2,171.596 2,171.558 2,170.302 2,167.575 2,165.700 2,168.784 2,168.903 2,165.247 2,163.321 2,165.824 Distribution equivalent right-bearing phantom unit awards 18.436 19.839 21.378 21.009 20.722 20.586 20.924 20.961 20.325 20.047 20.444 Total participating units outstanding 2,194.956 2,191.435 2,192.936 2,191.311 2,188.297 2,186.286 2,189.708 2,189.864 2,185.573 2,183.368 2,186.268 Distributable Cash Flow Coverage: Distribution rate per period ($/unit) $ 1.9050 $ 2.0050 $ 0.5150 $ 0.5250 $ 0.5250 $ 0.5350 $ 2.1000 $ 0.5350 $ 0.5450 $ 0.5450 $ 1.6250 Distribution-bearing common units 1.87x 1.75x 1.71x 1.59x 1.72x 1.86x 1.72x 1.73x 1.64x 1.55x 1.64x All units 1.85x 1.73x 1.70x 1.58x 1.70x 1.84x 1.70x 1.72x 1.63x 1.53x 1.63x Retained Distributable Cash Flow $ 3,569 $ 3,208 $ 786 $ 662 $ 808 $ 985 $ 3,241 $ 842 $ 748 $ 635 $ 2,225 (a) Excludes amortization of finance lease right-of-use assets, which are a component of DCF and Operational DCF. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Calculation of Free Cash Flow & Adjusted Free Cash Flow 2022 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 Net cash flow provided by operating activities (GAAP) $ 8,039 $ 7,569 $ 2,111 $ 1,574 $ 2,072 $ 2,358 $ 8,115 $ 2,314 $ 2,061 $ 1,738 $ 6,113 Adjustments to GAAP Net cash flow provided by operating activities to derive non-GAAP Free Cash Flow & Adjusted Free Cash Flow (addition or subtraction indicated by sign): Net cash flow used in investing activities (4,954) (3,197) (1,038) (1,243) (1,152) (2,000) (5,433) (1,047) (1,274) (1,935) (4,256) Cash contributions from noncontrolling interests 7 44 8 17 8 57 90 4 1 - 5 Cash distributions paid to noncontrolling interests (163) (160) (38) (25) (21) (22) (106) (13) (26) (29) (68) Free Cash Flow (non-GAAP) $ 2,929 $ 4,256 $ 1,043 $ 323 $ 907 $ 393 $ 2,666 $ 1,258 $ 762 $ (226) $ 1,794 Net effect of changes in operating accounts, as applicable 54 555 36 491 36 (57) 506 (203) 50 322 169 Adjusted Free Cash Flow (non-GAAP) $ 2,983 $ 4,811 $ 1,079 $ 814 $ 943 $ 336 $ 3,172 $ 1,055 $ 812 $ 96 $ 1,963 (Amounts in millions) Total Total Adjusted Cash Flow from Operations Net cash flow provided by operating activities (GAAP) Adjustments to GAAP Net cash flow provided by operating activities to derive $ 8,039 $ 7,569 $ 2,111 $ 1,574 $ 2,072 $ 2,358 $ 8,115 $ 2,314 $ 2,061 $ 1,738 $ 6,113 non-GAAP Adjusted Cash Flow from Operations (addition or subtraction indicated by sign): Net effect of changes in operating accounts, as applicable 54 555 36 491 36 (57) 506 (203) 50 322 169 Adjusted Cash Flow from Operations (non-GAAP) $ 8,093 $ 8,124 $ 2,147 $ 2,065 $ 2,108 $ 2,301 $ 8,621 $ 2,111 $ 2,111 $ 2,060 $ 6,282 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Operating Data by Business Segment (Unless otherwise stated, amounts in $ millions) Total 2022 Total 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 NGL Pipelines & Services: Natural Gas Processing & Related NGL Marketing Activities $ 1,946 $ 1,300 $ 358 $ 386 $ 371 $ 483 $ 1,598 $ 373 $ 341 $ 354 $ 1,068 NGL Pipelines, Storage & Terminals 2,362 2,771 749 701 716 822 2,988 831 732 746 2,309 NGL Fractionation 834 827 233 238 248 243 962 214 224 203 641 Total NGL Pipelines & Services Gross Operating Margin $ 5,142 $ 4,898 $ 1,340 $ 1,325 $ 1,335 $ 1,548 $ 5,548 $ 1,418 $ 1,297 $ 1,303 $ 4,018 Natural Gas Processing & Related NGL Marketing Activities Gross Operating Margin from Consolidated Facilities $ 1,942 $ 1,299 $ 356 $ 386 $ 372 $ 482 $ 1,596 $ 373 $ 341 $ 354 $ 1,068 Total Equity Income from Unconsolidated Affiliates 4 1 2 - (1) 1 2 - - - - Total NG Processing & Related NGL Marketing Activities Gross Operating Margin $ 1,946 $ 1,300 $ 358 $ 386 $ 371 $ 483 $ 1,598 $ 373 $ 341 $ 354 $ 1,068 Equity NGL-Equivalent Production (MBPD) 177 176 185 218 204 203 203 225 214 225 221 Fee-based Natural Gas Processing (MMcf/d) 5,119 5,923 6,421 6,578 6,850 7,078 6,733 7,181 7,266 7,454 7,303 Natural Gas Processing Inlet (MMcf/d) 6,404 6,796 7,144 7,513 7,624 7,675 7,490 7,719 7,768 8,057 7,849 NGL Pipelines, Storage & Terminals Gross Operating Margin from Consolidated Facilities $ 2,196 $ 2,630 $ 704 $ 661 $ 696 $ 783 $ 2,844 $ 778 $ 717 $ 728 $ 2,223 Net adjustment for shipper make-up rights 27 18 17 15 (6) 8 34 33 (6) (2) 25 Total Equity Income from Unconsolidated Affiliates 139 123 28 25 26 31 110 20 21 20 61 Total NGL Pipelines, Storage & Terminals Gross Operating Margin $ 2,362 $ 2,771 $ 749 $ 701 $ 716 $ 822 $ 2,988 $ 831 $ 732 $ 746 $ 2,309 NGL Pipeline Transportation Volumes (MBPD) 3,791 4,116 4,238 4,341 4,303 4,814 4,426 4,447 4,562 4,694 4,570 NGL Marine Terminal Volumes (MBPD) 723 821 895 876 887 1,005 915 994 942 908 947 Indicative Unit Margin ($/Gallon) $ 0.034 $ 0.037 $ 0.038 $ 0.035 $ 0.036 $ 0.037 $ 0.036 $ 0.040 $ 0.035 $ 0.034 $ 0.037 NGL Fractionation Gross Operating Margin from Consolidated Facilities $ 828 $ 818 $ 232 $ 237 $ 246 $ 242 $ 957 $ 214 $ 227 $ 202 $ 643 Total Equity Income from Unconsolidated Affiliates 6 9 1 1 2 1 5 - (3) 1 (2) Total NGL Fractionation Gross Operating Margin $ 834 $ 827 $ 233 $ 238 $ 248 $ 243 $ 962 $ 214 $ 224 $ 203 $ 641 NGL Fractionation Volumes (MBPD) 1,444 1,570 1,642 1,679 1,662 1,688 1,667 1,652 1,667 1,636 1,650 Indicative Unit Margin ($/Gallon) $ 0.038 $ 0.034 $ 0.037 $ 0.037 $ 0.039 $ 0.037 $ 0.038 $ 0.034 $ 0.035 $ 0.032 $ 0.034 Total NGL Pipelines & Services Gross Operating Margin $ 5,142 $ 4,898 $ 1,340 $ 1,325 $ 1,335 $ 1,548 $ 5,548 $ 1,418 $ 1,297 $ 1,303 $ 4,018 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Operating Data by Business Segment (continued) (Unless otherwise stated, amounts in $ millions) Total Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Crude Oil Pipelines & Services: Crude Oil Pipelines & Services $ 1,655 $ 1,707 $ 411 $ 417 $ 401 $ 417 $ 1,646 $ 374 $ 403 $ 371 $ 1,148 Total Crude Oil Pipelines & Services Gross Operating Margin $ 1,655 $ 1,707 $ 411 $ 417 $ 401 $ 417 $ 1,646 $ 374 $ 403 $ 371 $ 1,148 Crude Oil Pipelines & Services Gross Operating Margin from Consolidated Facilities $ 1,327 $ 1,424 $ 342 $ 344 $ 331 $ 344 $ 1,361 $ 302 $ 331 $ 303 $ 936 Net adjustment for shipper make-up rights 20 (37) - - - - - - - - - Total Equity Income from Unconsolidated Affiliates 308 320 69 73 70 73 285 72 72 68 212 Total Crude Oil Pipelines & Services Gross Operating Margin $ 1,655 $ 1,707 $ 411 $ 417 $ 401 $ 417 $ 1,646 $ 374 $ 403 $ 371 $ 1,148 Crude Oil Pipeline Transportation Volumes (MBPD) 2,288 2,552 2,456 2,528 2,537 2,595 2,528 2,484 2,622 2,631 2,581 Crude Oil Marine Terminal Volumes (MBPD) 788 913 1,094 977 910 841 955 736 811 720 757 Indicative Unit Margin ($/Bbl) $ 1.474 $ 1.350 $ 1.272 $ 1.307 $ 1.264 $ 1.319 $ 1.291 $ 1.291 $ 1.290 $ 1.203 $ 1.260 Natural Gas Pipelines & Services: Natural Gas Pipelines & Services $ 1,042 $ 1,077 $ 312 $ 293 $ 349 $ 323 $ 1,277 $ 357 $ 417 $ 339 $ 1,113 Total Natural Gas Pipelines & Services Gross Operating Margin $ 1,042 $ 1,077 $ 312 $ 293 $ 349 $ 323 $ 1,277 $ 357 $ 417 $ 339 $ 1,113 Natural Gas Pipelines & Services Gross Operating Margin from Consolidated Facilities $ 1,037 $ 1,071 $ 310 $ 292 $ 347 $ 323 $ 1,272 $ 355 $ 417 $ 337 $ 1,109 Total Equity Income from Unconsolidated Affiliates 5 6 2 1 2 - 5 2 - 2 4 Total Natural Gas Pipelines & Services Gross Operating Margin $ 1,042 $ 1,077 $ 312 $ 293 $ 349 $ 323 $ 1,277 $ 357 $ 417 $ 339 $ 1,113 Natural Gas Transportation Volumes (BBtus/d) 16,949 18,371 18,934 18,714 19,517 19,929 19,276 20,310 20,405 21,027 20,583 Indicative Unit Margin ($/MMBtu) $ 0.168 $ 0.161 $ 0.181 $ 0.172 $ 0.194 $ 0.176 $ 0.181 $ 0.195 $ 0.225 $ 0.175 $ 0.198 This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Operating Data by Business Segment (continued) Total 2022 Total 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 $ 564 $ 583 $ 137 $ 131 $ 128 $ 111 $ 507 $ 85 $ 135 $ 112 $ 332 114 124 33 29 28 36 126 27 31 30 88 394 442 142 106 96 71 415 59 57 81 197 277 357 72 73 67 75 287 105 76 93 274 123 123 48 33 25 36 142 20 34 36 90 45 65 12 20 19 19 70 19 21 18 58 $ 1,517 $ 1,694 $ 444 $ 392 $ 363 $ 348 $ 1,547 $ 315 $ 354 $ 370 $ 1,039 $ 560 $ 580 $ 136 $ 130 $ 128 $ 110 $ 504 $ 84 $ 134 $ 111 $ 329 4 3 1 1 - 1 3 1 1 1 3 $ 564 $ 583 $ 137 $ 131 $ 128 $ 111 $ 507 $ 85 $ 135 $ 112 $ 332 113 107 106 107 124 113 112 113 118 119 117 $ 0.295 $ 0.315 $ 0.296 $ 0.276 $ 0.227 $ 0.213 $ 0.253 $ 0.164 $ 0.264 $ 0.211 $ 0.213 187 205 213 222 243 221 225 223 221 206 216 $ 0.019 $ 0.023 $ 0.025 $ 0.024 $ 0.022 $ 0.025 $ 0.024 $ 0.020 $ 0.021 $ 0.021 $ 0.021 $ 114 $ 124 $ 33 $ 29 $ 28 $ 36 $ 126 $ 27 $ 31 $ 30 $ 88 $ 114 $ 124 $ 33 $ 29 $ 28 $ 36 $ 126 $ 27 $ 31 $ 30 $ 88 108 112 117 119 116 120 118 114 122 123 120 159 176 196 211 191 194 198 188 186 196 190 $ 0.028 $ 0.027 $ 0.025 $ 0.021 $ 0.022 $ 0.027 $ 0.024 $ 0.022 $ 0.025 $ 0.023 $ 0.023 $ 394 $ 442 $ 142 $ 106 $ 96 $ 71 $ 415 $ 59 $ 57 $ 81 $ 197 $ 394 $ 442 $ 142 $ 106 $ 96 $ 71 $ 415 $ 59 $ 57 $ 81 $ 197 39 36 35 39 37 33 37 46 39 41 42 $ 0.659 $ 0.801 $ 1.062 $ 0.711 $ 0.671 $ 0.557 $ 0.730 $ 0.339 $ 0.382 $ 0.511 $ 0.409 (Unless otherwise stated, amounts in $ millions) Petrochemical & Refined Products Services: Propylene Production & Related Activities Butane Isomerization & Related Operations Octane Enhancement & Related Plant Operations Refined Products Pipelines & Related Activities Ethylene Exports & Related Activities Marine Transportation & Other Services Total Petrochemical & Refined Products Services Gross Operating Margin Propylene Production & Related Activities Gross Operating Margin from Consolidated Facilities Total Equity Income from Unconsolidated Affiliates Total Propylene Production & Related Activities Gross Operating Margin Propylene Production Volumes (MBPD) Indicative Unit Margin ($/Gallon) Total Petrochemical Pipeline Transportation Volumes (MBPD) Indicative Unit Margin ($/Gallon) Butane Isomerization & Related Operations Gross Operating Margin from Consolidated Facilities Total Butane Isomerization & Related Operations Gross Operating Margin Butane Isomerization Volumes (MBPD) Standalone DIB Processing Volumes (MBPD) Indicative Unit Margin ($/Gallon) Octane Enhancement & Related Plant Operations Gross Operating Margin from Consolidated Facilities Total Octane Enhancement & Related Plant Operations Gross Operating Margin Octane Enhancement & Related Plant Sales Volumes (MBPD) Indicative Unit Margin ($/Gallon) This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Operating Data by Business Segment (continued) (Unless otherwise stated, amounts in $ millions) Total 2022 Total 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 Petrochemical & Refined Products Services (continued): Refined Products Pipelines & Related Activities Gross Operating Margin from Consolidated Facilities $ 279 $ 357 $ 73 $ 73 $ 67 $ 76 $ 289 $ 106 $ 75 $ 95 $ 276 Total Equity Income (Loss) from Unconsolidated Affiliates (2) - (1) - - (1) (2) (1) 1 (2) (2) Total Refined Products Pipelines & Related Activities Gross Operating Margin $ 277 $ 357 $ 72 $ 73 $ 67 $ 75 $ 287 $ 105 $ 76 $ 93 $ 274 Total Refined Products Pipeline Transportation Volumes (MBPD) 503 553 551 600 636 611 600 633 650 712 664 Total Refined Products & Petrochemical Marine Terminal Volumes (MBPD) 225 343 350 359 286 310 326 311 328 347 329 Indicative Unit Margin ($/Gallon) $ 0.026 $ 0.027 $ 0.022 $ 0.021 $ 0.019 $ 0.022 $ 0.021 $ 0.030 $ 0.021 $ 0.024 $ 0.025 Ethylene Exports & Related Activities Gross Operating Margin from Consolidated Facilities $ 123 $ 123 $ 48 $ 33 $ 25 $ 36 $ 142 $ 20 $ 34 $ 36 $ 90 Total Ethylene Exports & Related Activities Gross Operating Margin $ 123 $ 123 $ 48 $ 33 $ 25 $ 36 $ 142 $ 20 $ 34 $ 36 $ 90 Total Ethylene Pipeline Transportation Volumes (MBPD) 64 88 106 138 116 129 122 93 137 138 123 Indicative Unit Margin ($/Gallon) (c) $ 0.029 $ 0.029 $ 0.067 $ 0.023 $ 0.025 $ 0.026 $ 0.034 $ 0.023 $ 0.023 $ 0.021 $ 0.022 Marine Transportation & Other Services Gross Operating Margin from Consolidated Facilities $ 45 $ 65 $ 12 $ 20 $ 19 $ 19 $ 70 $ 19 $ 21 $ 18 $ 58 Total Marine Transportation & Other Services Gross Operating Margin $ 45 $ 65 $ 12 $ 20 $ 19 $ 19 $ 70 $ 19 $ 21 $ 18 $ 58 Total Petrochemical & Refined Products Services Gross Operating Margin $ 1,517 $ 1,694 $ 444 $ 392 $ 363 $ 348 $ 1,547 $ 315 $ 354 $ 370 $ 1,039 Total Segment Gross Operating Margin (a) $ 9,356 $ 9,376 $ 2,507 $ 2,427 $ 2,448 $ 2,636 $ 10,018 $ 2,464 $ 2,471 $ 2,383 $ 7,318 Net adjustment for shipper make-up rights (b) (47) 19 (17) (15) 6 (8) (34) (33) 6 2 (25) Non-GAAP Total Gross Operating Margin $ 9,309 $ 9,395 $ 2,490 $ 2,412 $ 2,454 $ 2,628 $ 9,984 $ 2,431 $ 2,477 $ 2,385 $ 7,293 Within the context of this table, total segment gross operating margin represents a subtotal and corresponds to measures similarly titled and presented within the business segment footnote found in our consolidated financial statements. Gross operating margin by segment for NGL Pipelines & Services and Crude Oil Pipelines & Services reflect adjustments for shipper make-up rights that are included in management's evaluation of segment results. However, these adjustments are excluded from non-GAAP total gross operating margin. Reflects the indicative unit margin for our ethylene transportation services only. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Unconsolidated Affiliates Investment Detail (Amounts in millions) Y/E 2022 Y/E 2023 1Q24 2Q24 3Q24 Y/E 2024 1Q25 2Q25 3Q25 Schedule of Investments in Unconsolidated Affiliates Accounted for under the "Equity Method": NGL Pipelines & Services $ 640 $ 612 $ 610 $ 600 $ 597 $ 598 $ 586 $ 578 $ 573 Crude Oil Pipelines & Services 1,677 1,681 1,674 1,656 1,634 1,628 1,630 1,610 1,595 Natural Gas Pipelines & Services 32 33 34 33 34 30 32 32 31 Petrochemical & Refined Products Services 3 4 3 3 3 3 3 1 2 Total investments in unconsolidated affiliates $ 2,352 $ 2,330 $ 2,321 $ 2,292 $ 2,268 $ 2,259 $ 2,251 $ 2,221 $ 2,201 Total Total Total 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 Equity in Income of Unconsolidated Affiliates: NGL Pipelines & Services $ 149 $ 133 $ 31 $ 26 $ 27 $ 33 $ 117 $ 20 $ 18 $ 21 $ 59 Crude Oil Pipelines & Services 308 320 69 73 70 73 285 72 72 68 212 Natural Gas Pipelines & Services 5 6 2 1 2 - 5 2 - 2 4 Petrochemical & Refined Products Services 2 3 - 1 - - 1 - 2 (1) 1 Total equity in income of unconsolidated affiliates $ 464 $ 462 $ 102 $ 101 $ 99 $ 106 $ 408 $ 94 $ 92 $ 90 $ 276 Total Distributions Received from Unconsolidated Affiliates (a): NGL Pipelines & Services $ 166 $ 163 $ 33 $ 37 $ 30 $ 32 $ 132 $ 32 $ 26 $ 26 $ 84 Crude Oil Pipelines & Services 369 316 76 91 92 79 338 70 92 83 245 Natural Gas Pipelines & Services 4 5 1 2 1 4 8 - 1 3 4 Petrochemical & Refined Products Services 5 4 2 1 1 1 5 1 2 - 3 Total distributions received from unconsolidated affiliates $ 544 $ 488 $ 112 $ 131 $ 124 $ 116 $ 483 $ 103 $ 121 $ 112 $ 336 Total distributions received from unconsolidated affiliates includes both distributions received on earnings and distributions received for return of capital. This data should be used in conjunction with the information contained in our 2024 Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other SEC filings. The data furnished is given in response to your request for information regarding Enterprise Products Partners L.P. and its subsidiaries and not in connection with any sale or offer for sale of, or solicitation of an offer to buy, any securities. Non-GAAP Reconciliations to GAAP (Amounts in millions) Total 2022 Total 2023 1Q24 2Q24 3Q24 4Q24 Total 2024 1Q25 2Q25 3Q25 Total 2025 Reconciliation of Non-GAAP "Distributable cash flow" and "Operational DCF" to GAAP "Net cash flow provided by operating activities" Distributable cash flow (non-GAAP) $ 7,751 $ 7,601 $ 1,915 $ 1,812 $ 1,957 $ 2,155 $ 7,839 $ 2,013 $ 1,939 $ 1,825 $ 5,777 Adjustments to non-GAAP distributable cash flow and operational DCF to derive GAAP net cash flow provided by operating activities (addition or subtraction indicated by sign): Proceeds from asset sales and other matters (122) (42) (2) (4) (5) (3) (14) (4) (11) (6) (21) Monetization of interest rate derivative instruments accounted for as cash flow hedges - (21) 29 - 4 - 33 - (14) - (14) Operational DCF (non-GAAP) 7,629 7,538 1,942 1,808 1,956 2,152 7,858 2,009 1,914 1,819 5,742 Net effect of changes in operating accounts, as applicable (54) (555) (36) (491) (36) 57 (506) 203 (50) (322) (169) Sustaining capital expenditures 372 413 180 245 129 113 667 102 117 198 417 Distributions received for return of capital from unconsolidated affiliates (98) (42) (15) (24) (25) (13) (77) (15) (20) (21) (56) Net income attributable to noncontrolling interests 125 125 26 16 14 13 69 12 18 17 47 Other, net 65 90 14 20 34 36 104 3 82 47 132 Net cash flow provided by operating activities (GAAP) $ 8,039 $ 7,569 $ 2,111 $ 1,574 $ 2,072 $ 2,358 $ 8,115 $ 2,314 $ 2,061 $ 1,738 $ 6,113 Reconciliation of Non-GAAP "Adjusted EBITDA" to GAAP "Net income" and GAAP "Net cash flow provided by operating activities" Net income (GAAP) $ 5,615 $ 5,657 $ 1,483 $ 1,422 $ 1,432 $ 1,633 $ 5,970 $ 1,406 $ 1,454 $ 1,356 $ 4,216 Adjustments to GAAP net income to derive non-GAAP Adjusted EBITDA: (addition or subtraction indicated by sign): Depreciation, amortization and accretion in costs and expenses (a) 2,156 2,267 600 593 599 606 2,398 615 625 639 1,879 Interest expense, including related amortization 1,244 1,269 331 332 343 346 1,352 340 332 354 1,026 Cash distributions received from unconsolidated affiliates 544 488 112 131 124 116 483 103 121 112 336 Equity in income of unconsolidated affiliates (464) (462) (102) (101) (99) (106) (408) (94) (92) (90) (276) Asset impairment charges 53 32 20 4 27 6 57 10 11 17 38 Provision for (benefit from) income taxes 82 44 21 15 19 10 65 24 16 (13) 27 Change in fair value of derivative instruments 78 33 4 (12) (3) (9) (20) 42 (52) 34 24 Other, net 1 (10) - 5 - (3) 2 (2) (7) (4) (13) Adjusted EBITDA (non-GAAP) 9,309 9,318 2,469 2,389 2,442 2,599 9,899 2,444 2,408 2,405 7,257 Adjustments to non-GAAP Adjusted EBITDA to derive GAAP net cash flow provided by operating activities (addition or subtraction indicated by sign): Interest expense, including related amortization (1,244) (1,269) (331) (332) (343) (346) (1,352) (340) (332) (354) (1,026) Net effect of changes in operating accounts, as applicable (54) (555) (36) (491) (36) 57 (506) 203 (50) (322) (169) Other, net 28 75 9 8 9 48 74 7 35 9 51 Net cash flow provided by operating activities (GAAP) $ 8,039 $ 7,569 $ 2,111 $ 1,574 $ 2,072 $ 2,358 $ 8,115 $ 2,314 $ 2,061 $ 1,738 $ 6,113 Excludes amortization of major maintenance costs for reaction-based plants, which are a component of Adjusted EBITDA. Energy and Petrochemical Industry Data (Amounts as stated) MMBtu per Composite Average Average Average Average Gallon NGL Barrel 2022 2023 1Q24 2Q24 3Q24 4Q24 2024 1Q25 2Q25 3Q25 2025 Industry Pricing Data: Natural Gas ($/MMBtu) - (Inside FERC Henry Hub) 1.0000 $ 6.65 $ 2.74 $ 2.25 $ 1.89 $ 2.15 $ 2.79 $ 2.27 $ 3.65 $ 3.44 $ 3.07 $ 3.39 Crude Oil ($/Bbl) - (NYMEX West Texas Intermediate) $ 94.23 $ 77.62 $ 76.96 $ 80.57 $ 75.10 $ 70.27 $ 75.73 $ 71.42 $ 63.87 $ 64.93 $ 66.74 Crude Oil ($/Bbl) - (Argus Midland) $ 95.87 $ 78.86 $ 78.55 $ 81.73 $ 75.96 $ 71.19 $ 76.86 $ 72.52 $ 64.42 $ 65.76 $ 67.57 Crude Oil ($/Bbl) - (Argus Houston) $ 96.21 $ 79.08 $ 78.85 $ 82.33 $ 76.51 $ 71.72 $ 77.35 $ 72.81 $ 64.65 $ 66.09 $ 67.85 Ethane ($/Gallon) - (OPIS Average Mont Belvieu) 0.0664 47.0% $ 0.48 $ 0.25 $ 0.19 $ 0.19 $ 0.16 $ 0.22 $ 0.19 $ 0.27 $ 0.24 $ 0.23 $ 0.25 Propane ($/Gallon) - (OPIS Average Mont Belvieu) 0.0916 29.0% $ 1.10 $ 0.71 $ 0.84 $ 0.75 $ 0.73 $ 0.78 $ 0.78 $ 0.90 $ 0.78 $ 0.69 $ 0.79 Normal Butane ($/Gallon) - (OPIS Average Mont Belvieu) 0.1037 10.0% $ 1.31 $ 0.91 $ 1.03 $ 0.90 $ 0.97 $ 1.13 $ 1.01 $ 1.06 $ 0.88 $ 0.86 $ 0.93 Isobutane ($/Gallon) - (OPIS Average Mont Belvieu) 0.0997 5.0% $ 1.44 $ 1.00 $ 1.14 $ 1.26 $ 1.08 $ 1.12 $ 1.15 $ 1.07 $ 0.93 $ 0.92 $ 0.97 Natural Gasoline ($/Gallon) - (OPIS Average Mont Belvieu) 0.1158 9.0% $ 1.91 $ 1.52 $ 1.54 $ 1.55 $ 1.48 $ 1.50 $ 1.52 $ 1.53 $ 1.32 $ 1.30 $ 1.38 NGL Composite ($/Gallon) 0.0835 100.0% $ 0.91 $ 0.60 $ 0.62 $ 0.59 $ 0.57 $ 0.62 $ 0.60 $ 0.67 $ 0.58 $ 0.56 $ 0.60 % of Natural Gas to Crude Oil (a) 41% 20% 17% 14% 17% 23% 17% 30% 31% 27% 29% Polymer Grade Propylene ($/Lb) - (Average CMAI Contract Pricing) $ 0.51 $ 0.43 $ 0.55 $ 0.47 $ 0.53 $ 0.42 $ 0.49 $ 0.45 $ 0.38 $ 0.36 $ 0.40 Refinery Grade Propylene ($/Lb) - (Average CMAI Spot Pricing) $ 0.31 $ 0.19 $ 0.18 $ 0.21 $ 0.28 $ 0.24 $ 0.23 $ 0.33 $ 0.30 $ 0.28 $ 0.30 PGP vs. RGP Spread ($/Lb) $ 0.20 $ 0.24 $ 0.37 $ 0.26 $ 0.25 $ 0.18 $ 0.27 $ 0.12 $ 0.08 $ 0.08 $ 0.09 U. S. Ethylene Production Data (b): Nameplate Capacity (MM lb/yr) 95,170 99,560 99,560 99,560 99,560 99,560 99,560 99,560 99,560 99,560 99,560 Average Steam Cracker Operating Rate (% of nameplate capacity) 87.4% 87.3% 87.8% 91.2% 91.7% 95.2% 91.5% 87.2% 89.7% 94.0% 90.3% Ethylene Production Rate - Annualized (Billion lbs/yr) Steam Cracker Feedstocks (MBPD) Ethane 83 1,969 87 87 90 89 95 2,065 2,068 2,133 2,147 2,256 90 87 89 95 2,151 2,060 2,119 2,285 90 2,155 Propane 200 198 207 213 217 227 216 220 204 214 213 Butane 126 138 138 158 151 125 143 110 144 147 134 Subtotal Light Feeds 2,295 2,401 2,413 2,504 2,515 2,608 2,510 2,390 2,467 2,646 2,501 Naphtha 76 66 62 70 71 71 69 72 71 65 69 Gas Oil 8 8 8 8 7 8 8 8 5 5 6 Subtotal Heavy Feeds 84 74 70 78 78 79 76 80 76 70 75 Total Feedstock 2,379 2,475 2,483 2,582 2,593 2,687 2,586 2,470 2,543 2,716 2,576 Percent of Light/Heavy Feeds 96%/4% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% 97%/3% Based on 5.8 MMbtu per barrel using first of month cash prices at Henry Hub for natural gas and a daily average of NYMEX West Texas Intermediate crude oil prices. Data taken from the Pace Hodson Report and Enterprise Fundamentals.

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