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Blue Chip Growth

Stock Report: Enterprise Products Partners L.P. (EPD) Report Updated: Sep 14, 2014 | Print This Page

Enterprise Products Partners L.P.© quotemedia

Company Profile

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. Its NGL Pipelines and Services segment engages in natural gas processing and related NGL marketing activities, as well as in import and export terminal operations. This segment also operates NGL pipelines aggregating approximately 16,650 miles; NGL and related product terminal and storage facilities with approximately 156 million barrels of net usable storage capacity (MMBbls); and 13 fractionation plants. The company’s Onshore Natural Gas Pipelines and Services segment operates approximately 20,200 miles of onshore natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. This segment also leases and owns salt dome natural gas storage facilities; and markets natural gas. Its Onshore Crude Oil Pipelines and Services segment operates approximately 5,250 miles of onshore crude oil pipelines and 12 MMBbls of above-ground storage tank capacity; and markets crude oil. This segment’s pipelines gather and transport crude oil primarily in New Mexico, Oklahoma, and Texas. The company’s Offshore Pipelines and Services segment operates approximately 1,330 miles of offshore natural gas pipelines, approximately 980 miles of offshore crude oil pipelines, and 6 offshore hub platforms in the northern Gulf of Mexico offshore Texas, Louisiana, Mississippi, and Alabama. Its Petrochemical and Refined Products Services segment operates propylene fractionation plants, and pipelines; butane isomerization facility and related pipeline system; octane enhancement and isobutylene production facilities; refined products pipelines; and marine transportation assets and other services, as well as engages in related marketing activities. The company was founded in 1968 and is based in Houston, Texas.

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