10-KPeriod: FY2007

ENTERPRISE PRODUCTS PARTNERS L.P. Annual Report, Year Ended Dec 31, 2007

Filed February 29, 2008For Securities:EPDEPDU

Summary

Enterprise Products Partners L.P. (EPD) filed its 2007 10-K report on February 28, 2008, detailing its business operations, financial performance, and risk factors. As a midstream energy company, EPD's operations encompass the gathering, processing, transportation, and marketing of natural gas, natural gas liquids (NGLs), and crude oil. The report likely highlights the company's significant infrastructure assets and its strategic positioning within the energy value chain. Investors should pay close attention to the discussion of revenues, operating expenses, and net income, as these will reflect the company's profitability and operational efficiency during fiscal year 2007. The management's discussion and analysis (MD&A) section is crucial for understanding the drivers of these financial results, including commodity price fluctuations, volumes transported, and expansion projects. Furthermore, the risk factors section will provide insights into potential challenges and uncertainties facing EPD, such as regulatory changes, environmental concerns, commodity price volatility, and competition. The report also covers governance, executive compensation, and related party transactions, offering a comprehensive view of the company's structure and management. For investors, understanding EPD's capital expenditures, debt levels, and distribution policies is key to assessing its long-term value and ability to generate sustainable returns.

Financial Highlights

36 data points
Beta

Revenue

$26.71B

Net Income

$533.60M

2.0% Net Margin

EPS (Diluted)

$0.48

Total Assets

$22.52B

Cash & Equivalents

$41.90M

Free Cash Flow

-$810.40M

Financial Statements
Beta
Revenue$26.71B
Operating Expenses$25.53B
Operating Income$1.20B
Interest Expense-$413.00M
Net Income$533.60M
EPS (Basic)$0.48
EPS (Diluted)$0.48

Key Highlights

  • 1EPD's 2007 10-K report details its extensive midstream energy infrastructure, including gathering, processing, transportation, and marketing of natural gas, NGLs, and crude oil.
  • 2The filing provides a financial overview of 2007, including key revenue and expense line items, as well as net income, which are essential for assessing the company's profitability.
  • 3The Management's Discussion and Analysis (MD&A) section is critical for understanding the operational and economic factors influencing EPD's 2007 financial performance.
  • 4Risk factors outlined in the report offer investors insight into potential challenges, including commodity price volatility, regulatory environments, and operational risks.
  • 5Information on market for common equity, related unitholder matters, and issuer purchases of equity securities provides context on shareholder value and capital management.
  • 6The report includes detailed financial statements and supplementary data, offering a granular view of EPD's financial position and performance.
  • 7Disclosures regarding directors, executive officers, and corporate governance inform investors about the company's leadership and management structure.

Frequently Asked Questions

As of the end of 2007, Enterprise Products Partners L.P. primarily operated in the midstream energy sector, focusing on the gathering, processing, transportation, storage, and marketing of natural gas, natural gas liquids (NGLs), and crude oil. The company's extensive network of pipelines and facilities is central to its business model.

Investors should focus on key financial metrics such as total revenues, operating income, net income, earnings per unit (or per share), distributable cash flow, capital expenditures, and long-term debt. The Management's Discussion and Analysis (MD&A) section is vital for understanding the trends and drivers behind these figures for fiscal year 2007.

The risk factors section likely highlights significant risks such as volatility in commodity prices (natural gas, NGLs, crude oil), regulatory and environmental changes affecting energy infrastructure, operational risks related to pipeline integrity and safety, competition within the midstream sector, and the general economic conditions that influence energy demand and production.

While the filing doesn't provide specifics here, the MD&A and financial statement notes would typically detail capital expenditures. Investors should review these sections for information on investments in infrastructure expansion, new facilities, or acquisitions undertaken or planned during the 2007 fiscal year, as these are critical for future growth.