Enterprise Products Partners recorded a gush in the volume of revenue it was able to send down its pipelines, deliver at marine terminals, and produce at its propylene plants—fueling the company’s 16-place jump on the Fortune 500. All the company’s segments hit operational records, driving record net income attributable to limited partners of $4.2 billion, a growth of 47% over 2017. Net free cash flow from operating activities swelled 31% to $6.1 billion. The year brought the start of service on $1.9 billion in organic growth capital projects. And there’s more in store: Another $6.7 billion of projects under construction include five major facilities scheduled to be completed in 2019, setting the stage for additional growth.
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The two companies have sued each other.