Enterprise Products - A Provider of Midstream Energy Services
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I would like to introduce some unfamiliar companies that may be of some help to your investments.
The company I’m going to introduce is $Enterprise Products Partners LP(EPD)$ .
It went public in 28th July 1998.
[Company Profile]
Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America.
The Company's segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
The NGL Pipelines & Services segment includes its natural gas processing and related NGL marketing activities, NGL pipelines, NGL fractionation facilities, NGL and related product storage facilities, and NGL marine terminals.
The Crude Oil Pipelines & Services segment includes its crude oil pipelines, crude oil storage and marine terminals, and related crude oil marketing activities.
The Natural Gas Pipelines & Services segment includes its natural gas pipeline systems.
The Petrochemical & Refined Products Services segment includes its propylene production facilities and marine transportation business.
[History & Events]
1998: The company was incorporated in April and went public in July.
2004: It acquired GulfTerra in September.
2005: Ralph S. Cunningham became CEO of Enterprise Products Partners.
2010: Enterprise Products acquired Enterprise GP Holdings.
2011: A series of explosions destroyed much of a Mont Belvieu facility owned and operated by Enterprise Products.
2015: A 20-inch Enterprise Products ATEX pipeline carrying ethane exploded and burned in Brooke County, West Virginia. Despite snow in the area, five acres of woodlands burned, and 1,283,000 gallons of ethane were consumed, or lost.
2017: An Enterprise Products pipeline exploded around 1:30 am near Loving, in southeast New Mexico.
2020: A dredging vessel hit a submerged Enterprise Products propane pipeline, in the harbor of Corpus Christi, Texas, causing an explosion and fire. Five of the crew were killed, and, six others were injured.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
Martin Resource Management
OQ
Gazprom
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