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Enterprise ‘Creating Value,’ Cutting Costs Amid Coronavirus Uncertainty

Enterprise ‘Creating Value,’ Cutting Costs Amid Coronavirus Uncertainty

Enterprise Products Partners LP (EPD) has yet to see a “material change” to volumes across its system, but given the “highly uncertain” impacts of the coronavirus for the remainder of 2020, it has reduced planned growth capital investments by $1 billion and sustaining capital expenditures (capex) by $100 million.

April 29, 2020