Houston-based Enterprise Products Partners LP (NYSE: EPD) had a strong first quarter, despite it ending with the energy downturn. The midstream giant is now taking steps to respond to the current economic conditions and ongoing pandemic.
Enterprise reported $1.35 billion in net income attributable to limited partners, up 7% from the first quarter of 2019, or 61 cents per unit on a fully diluted basis. That included an aggregate $187 million, or 8 cents per unit, of deferred income tax benefits,…