Stock Report: Enbridge Energy Partners L.P. Cl A (EEP) Report Updated: Jun 17, 2013 | Print This Page

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets, as well as natural gas gathering, treating, processing, transmission, and marketing assets in the United States. Its Liquids segment includes Lakehead system that consists of crude oil and liquid petroleum pipelines, and terminal assets spanning a distance of approximately 1,900 miles and comprising approximately 5,100 miles of pipes; Mid-Continent system consisting of approximately 430 miles of crude oil pipelines and 17.3 million barrels of crude oil storage capacity; and North Dakota system comprising approximately 240 miles of crude oil gathering lines and storage capacity of approximately 870,000 barrels. This segment serves integrated oil companies, independent oil producers, refiners, and marketers. The Natural Gas segment includes East Texas system that consists of approximately 3,900 miles of natural gas gathering and transportation pipelines, 8 natural gas treating plants, and 5 natural gas processing plants, including 2 hydrocarbon dewpoint control facilities plants; Anadarko system comprising approximately 2,900 miles of natural gas gathering and transportation pipelines, 1 natural gas treating plant, and 11 natural gas processing plants; and North Texas system that includes approximately 4,700 miles of natural gas gathering pipelines and 9 natural gas processing plants. It also transports natural gas liquids, crude oil, and other products by truck and railcar. This segment’s customers primarily include power plants, industrial facilities, distribution companies, and shippers of natural gas. The Marketing segment offers natural gas supply, transportation, balancing, storage, and sales services to industrial, utility, and power plant end use customers. Enbridge Energy Company, Inc. serves as the general partner of Enbridge Energy Partners, L.P. The company was founded in 1991 and is based in Houston, Texas.