LONDON (MarketWatch) -- Energy services group Enterprise Products Partners (EPD 28.49, +0.36, +1.28%) said Monday that its second-quarter net profit fell 29% to $186.6 million, or 32 cents a unit, from $263.3 million, or 52 cents a unit, a year earlier. Revenue for the period declined 45% to $3.51 billion. The group said the result included charges of 11 cents per unit related to the forfeiture of an investment, lost business from hurricanes and costs related to its pending merger. Analysts polled by FactSet had been expecting earnings of 42 cents per unit. "Volumes handled by our integrated midstream energy system were at record or near record levels," said CEO Michael Creel.
