Enterprise Products Partners
Stock Symbol: EPD
2727 North Loop West
Enterprise Products Partners Industry:
Oil & Gas Operations
Enterprise Products Partners Description:
Enterprise Products Partners L.P. is the second largest publicly traded, midstream energy partnership with an enterprise value of approximately $6 billion. Enterprise is a leading provider of midstream energy services to producers and consumers of natural gas and natural gas liquids ("NGLs"). The Company's services include natural gas transportation, processing and storage and NGL fractionation (or separation), transportation, storage and import/export terminaling.
Enterprise Products Partners Financial Summary:
Enterprise Products Partners, L.P. is an integrated provider of processing and transportation services to producers of natural gas liquids (NGLs) and consumers of NGL products. For the 6 months ended 6/30/05, revenues rose 53% to $5.23B. Net income allocated to Limited Partners before acct. change totalled $147.8M, up from $70.7M. Results reflect higher NGL marketing revenues due to an increase in sales volumes and increased margins.
Enterprise Products Partners Business Summary:
Enterprise Products Partners L.P. (Enterprise) is a North American midstream energy company providing a range of services to producers and consumers of natural gas, natural gas liquids (NGLs) and crude oil. The Company conducts all of its business through its wholly owned subsidiary, Enterprise Products Operating L.P. and its subsidiaries and joint ventures. On September 30, 2004, the Company completed the GulfTerra Merger and related transactions. As a result of the GulfTerra Merger, the Company has reorganized its business activities into four reportable business segments: Offshore Pipelines and Services, Onshore Natural Gas Pipelines and Services, NGL Pipelines and Services, and Petrochemical Services.