Enterprise Products Partners L.P. (EPD)

Overview

Enterprise Products Partners L.P. is an established provider of midstream energy services, catering to both producers and consumers across a variety of sectors including natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. With operations spanning four key segments – NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services – the company boasts a comprehensive infrastucture designed to support the energy industry's complex supply chain needs. Founded in 1968 and operating out of Houston, Texas, Enterprise Products Partners L.P. plays a critical role in the transportation, storage, and processing of energy commodities across the United States.

Products and Services

• NGL Pipelines & Services: This segment focuses on the processing of natural gas to extract NGLs and the related marketing of these products. Enterprise operates a variety of natural gas processing facilities across states like Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming. The offerings also include NGL pipelines for transportation, NGL fractionation facilities for component separation, storage facilities for NGL and related products, and NGL marine terminals for dockside loading and unloading.
• Crude Oil Pipelines & Services: Enterprise manages crude oil pipelines, supporting the transportation of crude oil across vast distances. This segment also includes crude oil storage and marine terminals. A fleet of approximately 250 tractor-trailer tank trucks enhances distribution capabilities, combined with crude oil marketing activities to facilitate the movement and sale of crude oil.
• Natural Gas Pipelines & Services: This area of the business involves the operation of pipeline systems dedicated to the gathering, treatment, and transportation of natural gas. Enterprise also offers leasing for underground salt dome natural gas storage facilities in locations like Napoleonville, Louisiana, and owns a storage cavern in Wharton County, Texas, to support the demand for natural gas storage. Additionally, natural gas marketing efforts help to connect supplies with demand efficiently.
• Petrochemical & Refined Products Services: Supporting the petrochemical sector, this segment manages propylene fractionation and propane dehydrogenation facilities, with related marketing activities for the resultant products. It includes operations of a butane isomerization complex, octane enhancement, isobutane dehydrogenation, and production of high purity isobutylene. Furthermore, the company maintains refined products pipelines and terminals, operates ethylene export terminals, and provides services for the marketing of refined products and marine transportation.