Enterprise Products Partners L.P.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- W. Randall Fowler
- Full Time Employees
- 8,000
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 1100 Louisiana Street Houston TX United States of America 77002
- IPO Date
- Jul 28, 1998
- CIK
- 0001061219
- Website
- enterpriseproducts.com
- Similar Companies
- Business
- Enterprise Products Partners L.P. (EPD) operates as one of the largest publicly traded partnerships and the largest position holder of natural gas liquids (NGLs) and related products in the United States, providing midstream energy services to producers and consumers of natural gas, NGLs, crude oil, petrochemical feedstocks, refined products and liquefied natural gas. The partnership owns an integrated network of over 50,000 miles of pipelines; more than 300 million barrels of storage capacity for NGLs, petrochemical feedstocks, refined products and crude oil; 14 deepwater export terminals; four marine terminals located on the Gulf Coast; and over 1,800 miles of crude oil trunk lines. Its core products and services include NGL fractionation with approximately 10 million barrels per day capacity; NGL transportation, storage and import/export terminals; crude oil pipelines, transportation, storage and terminals; petrochemical and refined products pipelines and terminals; natural gas processing plants and related marketing services; and propylene production and export facilities. Founded in 1968 and headquartered in Houston, Texas, Enterprise Products Partners L.P. serves major producer and consumer customers across the United States and exports to international markets including Asia, Europe and Latin America, operating primarily in key U.S. basins such as the Permian, Eagle Ford, Bakken, Marcellus and Haynesville. The partnership functions through four main segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Petrochemical & Refined Products Services and Natural Gas Processing & Related Services. It targets upstream producers, refiners, petrochemical manufacturers and marketers as primary customers, with a focus on fee-based contracts for stable cash flows. In recent developments within the last 1-2 years, Enterprise Products Partners L.P. completed the acquisition of Pinon Midstream for $950 million in 2024, expanding its natural gas gathering and processing footprint in the Delaware Basin; announced a joint venture with MPLX LP and ONEOK for the proposed Matterhorn Express Pipeline to enhance Permian natural gas takeaway capacity; and placed into service the Bahia NGL Export Terminal expansion increasing export capacity to 1.1 million barrels per day as of late 2024. The partnership also launched a new propylene splitter at its Mont Belvieu facility, boosting propylene production by 125,000 barrels per day, and secured long-term contracts for its SPOT deepwater crude oil export terminal. These strategic moves underscore EPD's ongoing expansion in high-growth areas like NGL exports and Permian infrastructure amid rising U.S. energy production.
Company News
Big Oil vs. Midstream: Which Side of the Barrel Pays Better Right Now?
Why Enterprise Products Partners (EPD) is a Top Momentum Stock for the Long-Term
4 Dividend Stocks Yielding Over 6% That Should Be in Every Roth
Midstream Scales Up Natural Gas Infrastructure
Rising Permian Volumes and Expansions Support EPD's Growth Outlook
This Popular Energy ETF Has a Hidden Cost—Own These 3 Dividend Stocks Instead
This "Boring" Pipeline Stock Has Never Cut Its Dividend. Here's the 1 Number I'd Watch.
The Income Trap Is Getting Worse - And Good Options Are Running Out
4 Dividend Stocks Yielding Over 6% That Every Roth Should Hold
The One High-Yield Asset You Should Never Put in a Roth (and 3 You Should)
Archer Investment Corp Invests $798,000 in Enterprise Products Partners L.P. $EPD
Can Rising U.S. Energy Exports Boost Enterprise Products' Growth?
5 Dividend Stocks Whose Income Turns Completely Tax-Free in a Roth
10-14% Yielding Monthly Dividend Machines To Supercharge Your Early Retirement
EPD vs. Exxon: Which Energy Dividend Should Retirees Trust?
An $865,000 Portfolio That Quietly Pays You $4,100 a Month Without Touching Principal
5 Dividend Stocks Whose Income Turns Completely Tax-Free in a Roth
3 Energy Stocks With Big Dividends to Buy Now
MP Materials vs. Enterprise Products: Which "Boring" Business Actually Has the Better Growth Case?
Energy Transfer vs. Enterprise Products Partners: Which Is the Better Dividend Stock to Own?