Enterprise Products Partners L.P. (NYSE:EPD) Q4 2022 Earnings Call Transcript

Jim Teague: We had a major producer tell us we’re in the second inning of a nine inning game in the Eagle Ford. I mean, the Permian just kind of dwarfs everything. But we had some — our contracts and the ones we did have some roll-off. We renegotiated a lot of those and ended up with life of lease dedications, which we kind of like. It seems like it’s becoming — it’s becoming kind of like the . It’s regional players and that’s where they are and that’s where they’re going to drill. But we haven’t forgotten the Eagle Ford by a long shot.

Randy Fowler: And our assets remain very full in the Eagle Ford, that would be a fair statement. Natalie?

Natalie Gayden: So processing, certainly, much fuller than the last two years, for sure.

Brent Secrest: Crude got capacity, but the contract roll-offs are over. I’d like to think everything that we had, incrementally, it’s going to be beneficial from a profitability standpoint.

John Mackay: That’s great. I appreciate the time.

Randy Burkhalter: Andrew, I think our time is up for today. And so I just wanted to thank all our participants for joining us for our call. And with that, we will be terminating or ending the call. And thank you, and have a good day. Bye.

Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for participating, and you may now disconnect.