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Enterprise Product Partners’s 2Q earnings up 2.3% on increased volumes

HOUSTON, July 28, 2016 (PCW) –- Enterprise Product Partners on Thursday reported second-quarter earnings of $570 million, up 2.3% from the year-earlier period as increased transported volumes offset lower commodity prices.

“Volume growth was primarily driven by the expansion of our LPG marine terminal, the ramp up of contracted volumes on our Aegis and ATEX ethane pipelines, the acquisition of EFS Midstream, as well as higher volumes on the Mid-America, Seminole and TE Products pipeline systems,” said EPD CEO Jim Teague.

EPD’s individual segments earnings is as follows:

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