EPD

NYSE

2ND QUARTER 2018 FACT SHEET

VISIT THE INVESTOR RELATIONS SECTION FOR PROSPECTUS.

ENTERPRISEPRODUCTS.COM

Raised cash distribution 56 consecutive quarters

Balanced distribution growth while retaining cash flow

Significant insider ownership with management and a�liates owning approximately 32 percent

Investment grade credit rating with focus on financial flexibility

ENTERPRISE PRODUCTS PARTNERS L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, petrochemicals and refined products

$28.74

1056.0%

$1.72/UnitEPD UNIT PRICE 8/15/18 CURRENT ANNUALIZED DISTRIBUTION

YIELD RANKING ON FORTUNE 500

MOODY’S/STANDARD & POOR’S

Baa1/BBB+

FINANCIAL PERFORMANCE

SENIOR UNSECURED DEBT RATINGS

PARTNERSHIP PROFILE DISTRIBUTION REINVESTMENT PLAN

AVAILABLE TO ALL UNITHOLDERS

OFFERS 2.5% DISCOUNT ON REINVESTED UNITS

FINANCIAL PERFORMANCE PARTNERSHIP PROFILE DISTRIBUTION REINVESTMENT PLAN

POWDER RIVER

PICEANCE

UINTA

SAN JUAN

GREEN RIVER

PERMIAN

PIONEER

MEEKER

HOBBS

E N T E R P R I S E C E L E B R A T E S 2 0 t h A N N I V E R S A R Y O N N Y S E

F I N A N C I A L H I G H L I G H T S

Enterprise posted solid results for the second quarter of 2018, setting 14 financial and

operating performance records during the quarter. The partnership benefited from

strong volume growth across its integrated system of assets, including record natural

gas liquids (“NGL”) and crude oil pipeline transportation volumes. It also benefited from

higher NGL prices in its natural gas processing business and from $5.3 billion of assets

placed into service since the second quarter of 2017. The PDH facility, which was placed

into service in the second quarter of 2018, operated at full capacity and generated

$46 million in gross operating margin. The Midland-to-ECHO crude oil pipeline averaged

545 thousand barrels per day of gross transportation volumes from the Permian Basin.

This record performance led to record distributable cash flow of $1.4 billion, which

provided 1.5 times coverage of our quarterly cash distribution. We retained $491 million

of distributable cash flow this quarter and $948 million through the first six months of

2018 to reinvest in the growth of the partnership, which supports our goal of self-fund-

ing the equity portion of our growth capital investment. We currently have $5.2 billion

of growth projects under construction that are scheduled to be completed by the end of

2019. We continue to make good progress in developing the next tranche of organic

projects with clear visibility to sources of distributable cash flow to support growth and

continued increases in the cash distributions paid to our partners.

On Wednesday July 25, 2018 Enterprise celebrated its 20th anniversary of listing on the New York Stock Exchange by ringing the closing bell. At the time of its initial public offering (IPO), Enterprise had total assets of approximately $700 million and a market capitalization of $1.5 billion. Thanks to the hard work and dedication of its employees, past and present, Enterprise has grown to over $56 billion in assets, with a market capitalization of approximately $63 billion.

On July 9, 2018, Enterprise announced its 56th consecutive quarterly distribution increase to $0.43 per common unit, or $1.72 per unit on an annualized basis with respect to the second quarter of 2018. The quarterly distribution was paid Wednesday, August 8, 2018, to unithold-ers of record as of the close of business Tuesday, July 31, 2018. This distribution, which represents a 2.4 percent increase over the distribution declared with respect to the second quarter of 2017, was the 65th overall distribution increase since Enterprise’s IPO in 1998.

DISTRIBUTION ANNOUNCEMENT

STRONG SECOND QUARTER 2018 RESULTS

K E Y A S S E T O V E R V I E W

Natural Gas Processing Plants

28

Import/Export Ship Terminals

18

Natural Gas Pipelines19,712 Miles

Crude Oil Pipelines5,783 Miles

Petrochemical Pipelines

795 Miles

Refined Products Terminal/Storage

28 MMBbls

Octane EnhancementFacility

1Propylene Fractionation Facilities

7Butane Isomerization Capacity

116 MBPD

Natural Gas Storage Capacity14 Bcf

Crude Terminal/Storage37 MMBbls

Refined Products Pipelines4,112 Miles

Marine Services

61 Tow Boats &138 Tank Barges

Propane Dehydrogenation Facility (”PDH”)

25 MBPD

NGL Pipelines19,559 Miles

NGL Fractionation15

NGL Terminal/Storage178 MMBbls

POWDER RIVER

WOODFORD

MISSISSIPPIAN

GRANITE WASH

BARNETT

HAYNESVILLE

TUSCALOOSAMARINE

UTICA

NEW ALBANY

FAYETTEVILLE

MARCELLUS

PERMIAN

BAKKEN

EAGLE FORD

DJ

MEEKER

HOBBS

ARMSTRONG FREEPORT

MORGAN'S POINT

MONT BELVIEU

NORCO PROMIX

PASCAGOULA

CUSHINGWellhead

UPSTREAM

Ric

h G

as

Gas Gathering

M A J O R M E R G E R S & A X Q U I S T I O N S

SEPTEMBER 1999: The partnership completed a $529 million acquisition of Shell Oil Company’s Louisiana and Mississippi Midstream NGL business.

AUGUST 2002: The partnership completed a $1.2 billion acquisition of the MAPL and Seminole NGL pipelines from Williams.

SEPTEMBER 2004: The partnership completed a $6 billion merger with GulfTerra Energy Partners, L.P. (“GTM”).

OCTOBER 2009: TEPPCO Partners, L.P. (“TPP”). TPP unitholders received 1.24 EPD common units in exchange for each TPP limited partner unit.

NOVEMBER 2010:Enterprise GP Holdings L.P. (“EPE”). EPE unitholders received 1.5 EPD common units in exchange for each EPE limited partner unit.

SEPTEMBER 2011: Duncan Energy Partners L.P. (“DEP”). DEP unitholders received 1.01 EPD common units in exchange for each DEP limited partner unit.

FEBRUARY 2015: Oiltanking Partners, L.P. (“OILT”). OILT unitholders received 1.3 EPD common units in exchange for each OILT limited partner unit.

JULY 1, 2015: The partnership completed a $2.15 billion acquisition of the Eagle Ford Midstream assets from Pioneer and Reliance.

M A J O R M E R G E R S & A C Q U I S I T I O N S

CONNECTING SUPPLY TO MARKET

Octane Enhancement/MTBE Facility

High Purity - IsoButylene

(HPIB)

Isomerization Storage

Mixed Butane

Crude IsoButylene

High Purity – IsoButylene (HPIB)

Methyl Tertiary Butyl Ether (MTBE)

High Purity - IsoButylene (HPIB)

Normal Butane

Propane

Ethane

Isobutane DeHydro

(iBDH)

Storage

Butane

Pentane+

Propylene Splitter

Polymer Grade Propylene

Propane DeHydro(PDH)

Refinery Grade Propylene

Polymer Grade Propylene

Propane

Ethane

Butane

Pentane+

Propane

Terminal/DockServices

Petrochemical Pipeline

Terminal/DockServices

Storage

Storage

Storage Terminal

Refined Products Pipelines

Terminal/DockServices

Global Markets

Gasoline, Diesel, Jet Fuel

GasolineDiesel Jet Fuel

Refined Products

Trucks

Crude OilPipeline

Storage Terminals Terminal/Dock

Services

Crude OilPipeline

EthanePropaneButane

Pentane+

Mixed NGLPipeline

Natural Gas Pipelines

Natural GasPipelines

Natural GasStorage

NGL Fractionation

Natural Gas

Methane

Natural Gas

Natural Gas

Natural Gas

Natural Gas

Refined Products Plastics Synthetics

Global Markets(Octane Enhancement, Gasoline Additives)

Global Markets

Butylene (Lubricants, Fuels, Rubbers, Additives, etc.)

Chemical Manufacturing(Plastics/Synthetics)

Global Markets

Natural Gas Export

Fertilizer and Methanol

Heating and Cooking

Refined Products

Refined Products

Natural Gas Processing

Crude Oil

Terminal/DockServices

NGL Pipeline

NATURAL GAS SERVICES

CRUDE OIL SERVICES

ENTERPRISE MIDSTREAM SERVICES PRODUCTS & APPLICATIONS

Mixed NaturalGas Liquids

(NGLs)

Isobutane

NGL SERVICES

REFINED PRODUCTS SERVICES

PetrochemicalsEthylene and Propylene

Industrial/Residential Fuel(Propane/Butane)

Global Markets

Gasoline Additives, Petrochemicals, Lubricants

Mixed NGLStorage

Purity NGL Pipelines

Storage

Deisobutanizer(DIB)

Isobutane

PETROCHEMICAL SERVICES

IsobutaneGasoline Component

Refined Products

Crude Oil

Crude Oil

Gas

fro

m W

ellh

ead

Cru

de

from

Wel

lhea

d

i nificant expansion sinceEnterprise Products Partners’ initialpu lic o erin in

PROVEN TRACK RECORD OF EXECUTINGGROWTH STRATEGY

Balanced distribution growth while retainin cas o

Raised distribution 56 consecutive quarters

i nificant insider o ners ip it mana ement and a liates o nin approximatel percent

HISTORY OF STRONG FUNDAMENTAL AND FINANCIAL DISCIPLINE WHILE EXECUTING GROWTH STRATEGY AND PROVIDING ATTRACTIVE RETURNS

Connected to 100 percent of the ethylene steam crac ers in t e lar est mar et for NGLs) and connected to 90 percent of t e refineries East o t e Roc ies

STRATEGICALLY LOCATED TO SERVE THE MOST PROLIFIC BASINS FOR NATURAL GAS,CRUDE OIL AND NGLS IN THE UNITED STATES

ENTERPRISE IS A PUBLICLY TRADED PARTNERSHIP WHICH OPERATES IN THE FOLLOWING WAYS THAT ARE DIFFERENT FROM A PUBLICLY TRADED STOCK CORPORATION:

nit olders o n limited partners ip units and receive cash distributions instead of owning shares of common stock and receiving dividends

partners ip enerall is not a taxa le entity and does not pay federal income taxes ll o t e annual income ains losses deductions or credits o t rou the partnership to the unitholders on a per unit basis

nit olders are re uired to report t eir allocated share of these amounts on their income tax returns et er or not an cash distributions are paid by the partner-ship

Cash distributions paid by a partnership to a unit older are enerall not taxa le unless the amount of any cash distributed is in excess o t e unit older s ad usted basis in his partnership interest

Enterprise provides each unitholder a c edule tax pac a e t at includes

each unitholder’s allocated share of reportable partnership items and other partnership information necessary to complete t eir income tax returns e K-1 provides a unitholder the required tax in ormation or t eir o ners ip interest in the partnership, just as a Form 1099-DIV does for a stockholder’s ownership interest in a corporation

is act s eet includes or ard loo in statements as defined t e E ll statements other than statements of historical fact, included herein that address plans, activities, events or de elopments t at Enterprise expects elie es or anticipates ill or ma occur in t e uture are forward-looking statements. These forward-looking statements are subject to risks and uncertainties t at ma cause actual results to di er materiall suc as t e re uired appro als regulatory agencies and the impact of competition, regulation and other risk factors included in t e reports filed it t e E Enterprise Readers are cautioned not to place undue reliance on t ese or ard loo in statements ic spea onl as o t eir dates Except as re uired law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

FORWARD-LOOKING STATEMENTS

ATTRACTIVE YIELD AND TAX DEFERRAL

Enterprise Plaza1100 Louisiana Street, 10th FloorHouston, TX 77002-5227

713-381-6500

P Box Houston, TX 77210-4324

RANDY BURKHALTERVice President

JACKIE RICHERTDirector

rburkhalter@eprod.com jmrichert@eprod.com

INVESTOR RELATIONS E-MAIL CONTACTS

HEADQUARTERS

MAILING ADDRESS

ENTERPRISE PRODUCTS PARTNERS L.P.

KEY INVESTMENT CONSIDERATIONS

PUBLICLY TRADED PARTNERSHIP ATTRIBUTES

Adjustments to non-GAAP distributable cash flow to derive GAAP net cash flow provided by operating activities:

istri uta le cas o is a non P financial measure t at indicates success in eneratin cas o s at a le el t at supports Enterprise s cas distri utions istri uta le cas o is

also a quantitative standard used by the investment community with respect to publicly traded partnerships because the value of a partnership unit is, in part, measured by its yield,

ic is ased on t e amount o cas distri utions a partners ip can pa to a unit older e P measure most directl compara le to distri uta le cas o is net cas o s

provided by operating activities.

DISTRIBUTABLE CASH FLOW (Non-GAAP)

(AMOUNTS IN MILLIONS)

NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES (GAAP)

WHERE YOU CAN

ENTERPRISEPRODUCTS.COM 866-230-0745

INVESTMENT GRADE CREDIT RATING WITH FOCUS ON FINANCIAL FLEXIBILITY

ELIMINATED GENERAL PARTNER IDRS IN NOVEMBER 2010

EXPECT TO GENERATE ADDITIONAL CASH FLOW IN 2018-2020 FROM APPROXIMATELY ≈$6.4 BILLION OF PLANNED GROWTH CAPITAL PROJECTS

FOCUS ON LONG-TERM COST OF CAPITAL TO SUPPORT VALUE CREATION

dd sustainin capital expenditures re ected in distri uta le cas o

u tract cas proceeds rom asset sales re ected in distri uta le cas o

u tract t e net e ect o c an es in operatin accounts

Subtract miscellaneous non-cash and other amounts

3 MONTHS ENDEDJUNE 30, 2017

3 MONTHS ENDEDJUN. 30, 2018I RE I E PRI E I

I RE E I RIB I

$5.9 BILLION GROSS OPERATING MARGIN FOR 12 MONTHS ENDED JUNE 30, 2018

2018-2020E(1) ≈ $6.4 BILLION (PREDOMINANTLY FEE-BASED)

ro t capital pro ects result in additional cas o rom existin assets or

rom expansion o our asset ase t rou construction o ne acilities

15%PETROCHEMICAL & REFINED PRODUCTS SERVICES

59%NGL PIPELINES & SERVICES

13%NATURAL GAS PIPELINES & SERVICES

12%

53%

31%

NGL PIPELINES & SERVICES

CRUDE OIL PIPELINES & SERVICES

13%CRUDE OIL PIPELINES & SERVICES

4% NATURAL GAS PIPELINES & SERVICES

2013

u tract depreciation amortization and accretion expense

Subtract asset impairment and related charges

dd net ains or su tract net losses attri uta le to asset sales insurance

recoveries and related property damage

Subtract general and administrative costs

TOTAL GROSS OPERATING MARGIN (Non-GAAP)

Adjustments to reconcile non-GAAP gross operating margin to GAAP operating income:

Enterprise e aluates se ment per ormance ased on t e non P financial measure o ross operatin mar in ic is an important per ormance measure o t e core profita ilit o

its operations is measure orms t e asis o Enterprise s internal financial reportin and is used its mana ement in decidin o to allocate capital resources amon usiness

se ments peratin income is t e P financial measure most directl compara le to total se ment ross operatin mar in

OPERATING INCOME (GAAP)

DIVERSIFIED BUSINESS MIX

(AMOUNTS IN MILLIONS)

DEC

LAR

ED P

ER U

NIT

$2.00

$1.00

$0.00

BIL

LIO

NS 25

% CAGR

$45.0

$40.0

$35.0

$30.0

$25.0

$20.0

$15.0

$10.0

$5.0

$50.0

QUARTERLY CASH DISTRIBUTIONS

$0

7% CAGR

ASSETS

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

17

1H

20

18

A

NN

UA

LIZE

D

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

$0.50

$1.50

$1.75

$1.25

$0.75

$0.25

$55.0

$60.0$56.3

20

17

20

18

$1.72

20

16

GROWTH CAPITAL ALLOCATIONGROSS OPERATING MARGIN BY SEGMENT

12 MONTHS ENDEDJUNE 30, 2018

3 MONTHS ENDEDJUNE 30, 2017

3 MONTHS ENDEDJUNE. 30, 2018

PETROCHEMICAL & REFINED PRODUCTS SERVICES

EPD

NYSE

2ND QUARTER 2018 FACT SHEET

VISIT THE INVESTOR RELATIONS SECTION FOR PROSPECTUS.

ENTERPRISEPRODUCTS.COM

Raised cash distribution 56 consecutive quarters

Balanced distribution growth while retaining cash flow

Significant insider ownership with management and a�liates owning approximately 32 percent

Investment grade credit rating with focus on financial flexibility

ENTERPRISE PRODUCTS PARTNERS L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, petrochemicals and refined products

$28.74

1056.0%

$1.72/UnitEPD UNIT PRICE 8/15/18 CURRENT ANNUALIZED DISTRIBUTION

YIELD RANKING ON FORTUNE 500

MOODY’S/STANDARD & POOR’S

Baa1/BBB+

FINANCIAL PERFORMANCE

SENIOR UNSECURED DEBT RATINGS

PARTNERSHIP PROFILE DISTRIBUTION REINVESTMENT PLAN

AVAILABLE TO ALL UNITHOLDERS

OFFERS 2.5% DISCOUNT ON REINVESTED UNITS

i nificant expansion sinceEnterprise Products Partners’ initialpu lic o erin in

PROVEN TRACK RECORD OF EXECUTINGGROWTH STRATEGY

Balanced distribution growth while retainin cas o

Raised distribution 56 consecutive quarters

i nificant insider o ners ip it mana ement and a liates o nin approximatel percent

HISTORY OF STRONG FUNDAMENTAL AND FINANCIAL DISCIPLINE WHILE EXECUTING GROWTH STRATEGY AND PROVIDING ATTRACTIVE RETURNS

Connected to 100 percent of the ethylene steam crac ers in t e lar est mar et for NGLs) and connected to 90 percent of t e refineries East o t e Roc ies

STRATEGICALLY LOCATED TO SERVE THE MOST PROLIFIC BASINS FOR NATURAL GAS,CRUDE OIL AND NGLS IN THE UNITED STATES

ENTERPRISE IS A PUBLICLY TRADED PARTNERSHIP WHICH OPERATES IN THE FOLLOWING WAYS THAT ARE DIFFERENT FROM A PUBLICLY TRADED STOCK CORPORATION:

nit olders o n limited partners ip units and receive cash distributions instead of owning shares of common stock and receiving dividends

partners ip enerall is not a taxa le entity and does not pay federal income taxes ll o t e annual income ains losses deductions or credits o t rou the partnership to the unitholders on a per unit basis

nit olders are re uired to report t eir allocated share of these amounts on their income tax returns et er or not an cash distributions are paid by the partner-ship

Cash distributions paid by a partnership to a unit older are enerall not taxa le unless the amount of any cash distributed is in excess o t e unit older s ad usted basis in his partnership interest

Enterprise provides each unitholder a c edule tax pac a e t at includes

each unitholder’s allocated share of reportable partnership items and other partnership information necessary to complete t eir income tax returns e K-1 provides a unitholder the required tax in ormation or t eir o ners ip interest in the partnership, just as a Form 1099-DIV does for a stockholder’s ownership interest in a corporation

is act s eet includes or ard loo in statements as defined t e E ll statements other than statements of historical fact, included herein that address plans, activities, events or de elopments t at Enterprise expects elie es or anticipates ill or ma occur in t e uture are forward-looking statements. These forward-looking statements are subject to risks and uncertainties t at ma cause actual results to di er materiall suc as t e re uired appro als regulatory agencies and the impact of competition, regulation and other risk factors included in t e reports filed it t e E Enterprise Readers are cautioned not to place undue reliance on t ese or ard loo in statements ic spea onl as o t eir dates Except as re uired law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

FORWARD-LOOKING STATEMENTS

ATTRACTIVE YIELD AND TAX DEFERRAL

Enterprise Plaza1100 Louisiana Street, 10th FloorHouston, TX 77002-5227

713-381-6500

P Box Houston, TX 77210-4324

RANDY BURKHALTERVice President

JACKIE RICHERTDirector

rburkhalter@eprod.com jmrichert@eprod.com

INVESTOR RELATIONS E-MAIL CONTACTS

HEADQUARTERS

MAILING ADDRESS

ENTERPRISE PRODUCTS PARTNERS L.P.

KEY INVESTMENT CONSIDERATIONS

PUBLICLY TRADED PARTNERSHIP ATTRIBUTES

Adjustments to non-GAAP distributable cash flow to derive GAAP net cash flow provided by operating activities:

istri uta le cas o is a non P financial measure t at indicates success in eneratin cas o s at a le el t at supports Enterprise s cas distri utions istri uta le cas o is

also a quantitative standard used by the investment community with respect to publicly traded partnerships because the value of a partnership unit is, in part, measured by its yield,

ic is ased on t e amount o cas distri utions a partners ip can pa to a unit older e P measure most directl compara le to distri uta le cas o is net cas o s

provided by operating activities.

DISTRIBUTABLE CASH FLOW (Non-GAAP)

(AMOUNTS IN MILLIONS)

NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES (GAAP)

WHERE YOU CAN

ENTERPRISEPRODUCTS.COMVISIT ENTERPRISE PRODUCTS PARTNERS L.P. AT ITS WEBSITE OR CALL TOLL FREE:

866-230-0745

Read the latest news releases, listen to the conference calls and view presentations

Sign up for email alerts for upcoming events and new additions to the website

Learn more about the operations, mana ement financial per ormance and history of the partnership

INVESTMENT GRADE CREDIT RATING WITH FOCUS ON FINANCIAL FLEXIBILITY

ELIMINATED GENERAL PARTNER IDRS IN NOVEMBER 2010

EXPECT TO GENERATE ADDITIONAL CASH FLOW IN 2018-2020 FROM APPROXIMATELY ≈$6.4 BILLION OF PLANNED GROWTH CAPITAL PROJECTS

FOCUS ON LONG-TERM COST OF CAPITAL TO SUPPORT VALUE CREATION

dd sustainin capital expenditures re ected in distri uta le cas o

u tract cas proceeds rom asset sales re ected in distri uta le cas o

u tract t e net e ect o c an es in operatin accounts

Subtract miscellaneous non-cash and other amounts

3 MONTHS ENDEDJUNE 30, 2017

3 MONTHS ENDEDJUN. 30, 2018