EPD 最新10-Q变化
将 EPD 最新的定期申报(10-K/10-Q)与上一份同类型申报逐章节对比:每个章节新增/删除的段落数与原文摘录。全部为确定性文本对比——无相似度评分、无方向判断、非投资建议。
对比:10-Q · 2026-11-04 与上一份 10-Q · 2026-08-07
| 章节 | 结果 | 新增 | 删除 | 微调 | 未变 |
|---|---|---|---|---|---|
| 管理层讨论与分析 | 文字有新增/删除 | +82 | −69 | ~72 | 110 |
| 市场风险(第3项) | 文字有新增/删除 | 0 | 0 | ~14 | 10 |
| 控制与程序 | 文字有新增/删除 | 0 | 0 | ~1 | 4 |
| 法律诉讼 | 无段落级文字变化 | 0 | 0 | 0 | 6 |
| 风险因素 | 无段落级文字变化 | 0 | 0 | 0 | 1 |
| 其他信息 | 文字有新增/删除 | +3 | 0 | ~1 | 0 |
计数单位为段落;"新增/删除"指相对上一份文件新增/删除的文字,不含方向或好坏判断。
代表性摘录
每个章节最多 5 条、每条约 300 字符的原文摘录,直接来自两份 SEC 文件。
管理层讨论与分析
相对上期新增的文字 · 来源:10-Q · 2026-11-04
For the Three and Nine Months Ended September 30, 2026 and 2025
Operating income for the three and nine months ended September 30, 2026 increased $304 million and $892 million, respectively, when compared to the same periods in 2025 due to the previously described quarter-to-quarter and period-to-period changes.
Petrochemical & Refined Products Services430 370 1,162 1,039
Gross operating margin from our NGL marketing activities increased $75 million quarter-to-quarter primarily due to higher average sales margins.
Gross operating margin from our Delaware Basin natural gas processing facilities increased $31 million quarter-to-quarter primarily due to a 359 MMcf/d increase in fee-based natural gas processing volumes, which accounted for a $17 million increase, and a 6 MBPD increase in equity NGL-equivalent pro…
相对上期删除的文字 · 来源:10-Q · 2026-08-07
General and administrative costs for the three months ended June 30, 2026 decreased $4 million when compared to the same period in 2025 primarily due to lower compensation costs. General and administrative costs for the six months ended June 30, 2026 were flat when compared to the same period in 202…
Equity income from our unconsolidated affiliates for the three months ended June 30, 2026 increased $17 million when compared to the same period in 2025 primarily due to higher earnings from investments in crude pipelines. Equity income from our unconsolidated affiliates for the six months ended Jun…
Operating income for the three and six months ended June 30, 2026 increased $454 million and $588 million, respectively, when compared to the same periods in 2025 due to the previously described quarter-to-quarter and period-to-period changes.
Gross operating margin from our NGL marketing activities increased $83 million quarter-to-quarter primarily due to higher average sales margins, which accounted for a $51 million increase, higher mark-to-market earnings, which accounted for a $19 million increase, and higher sales volumes, which acc…
Gross operating margin from our Midland Basin natural gas processing facilities increased $47 million quarter-to-quarter primarily due to higher average processing margins (including the impact of hedging activities), which accounted for a $27 million increase, a 10 MBPD increase in equity NGL-equiv…
其他信息
相对上期新增的文字 · 来源:10-Q · 2026-11-04
On November 2, 2026, Graham W. Bacon, Executive Vice President and Chief Operating Officer of Enterprise GP, entered into a retention agreement with EPCO (the “Retention Agreement”). Pursuant to the Retention Agreement, Mr. Bacon will be entitled to (i) a cash retention payment of $1,000,000, less a…
Notwithstanding the foregoing, in the event of an involuntary termination of Mr. Bacon’s employment prior to the end of a particular Retention Period for specified reasons, including death, disability, retirement on or after January 1, 2028, or termination of his employment by EPCO other than for “c…
Any Retention Payment is in addition to any discretionary incentive compensation that EPCO or any of its affiliates may grant or have in place from time to time. Although the Retention Agreement was entered into with EPCO, all or a portion of the compensation related to the Retention Agreement may b…
如何读 10-Q 的风险因素(第 1A 项)
10-Q 的风险因素章节有三种常见形态,本页按其一分类展示:
- 指向(pointer) — 公司仅声明"无重大变化"并指向年度 10-K 的完整风险因素;本季没有自己的风险文本可对比。
- 部分更新(partial) — 公司写明"除下述外无重大变化",只更新部分风险;摘录展示的正是本季新增的内容。
- 全文重述(restated) — 本季重新给出完整风险因素。若上一季只是"指向",则无法逐段对比,本页会将其标为"本季全文重述"。
这只是对文件结构的客观描述,不构成对风险高低的判断。
数据来自 SEC EDGAR 两份申报文件的文本级对比 · 确定性计算(无 AI 生成内容)· 仅供参考 · 非投资建议