July 31, 2019 / 12:51 PM / 19 days ago

Enterprise Products Q2 earnings beat Wall Street earnings estimate

HOUSTON, July 31 (Reuters) - Enterprise Products Partners LP’s profits rose in the second quarter because of record volumes on its liquids and natural gas pipelines and fewer losses on oil hedging activity, the company reported on Wednesday.

The pipeline operator posted earnings of 55 cents a unit, four cents above Refinitiv estimates. Its revenue declined to $8.28 billion, missing Wall Street’s estimate of $8.67 billion. (Reporting by Collin Eaton in Houston Editing by Bill Trott)

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