Randall Fowler
Co-CEO at Enterprise Products Partners
Combined with the $2.19,000,000 dollars of common unit repurchases over the same period, Enterprise's total capital return of $480,000,000,0.0 resulted in a payout ratio of 55%. Since our IPO in 1998, we have returned approximately $56,000,000,000 to unitholders in the form of distributions and buybacks, while building one of the largest energy infrastructure networks in North America. Total capital investments in the were $2,000,000,000 which includes $9.46,000,000 dollars for growth capital projects, dollars $9.49,000,000 for the acquisition of Pinion Midstream and $113,000,000 of sustaining capital expenditures. Capital investments for the full year of 2024 were $550,000,000,0.0 which includes $390,000,000,0.0 for organic growth capital projects, the $9.45,000,000 dollars for Pinyon and $6.67,000,000 dollars for sustained capital expenditures. As mentioned in last quarter's earnings call, we have received noteworthy support from our producer customers following the Pinion acquisition.