Key Takeaways EPD is advancing $6B of its $7.6B capital projects, with major assets set to enter service in 2025. Around 80% of EPD's gross operating margin in first-quarter 2025 came from fee-based contracts. EPD has already committed $1.8-$1.9B of its 2026 capital budget to projects with final approval.Enterprise Products Partners (EPD)  is rapidly advancing its $7.6-billion capital project slate, with $6 billion in assets expected to enter service in 2025. The major infrastructure projects include two ...