Enterprise Products Partners LP (NYSE: EPD) is a leading midstream energy company that provides a wide range of services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.
The company operates through four key business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment is responsible for natural gas processing, NGL marketing, and operating various facilities, including natural gas processing plants, NGL pipelines, fractionation facilities, storage facilities, and marine terminals across six states in the US.
The Crude Oil Pipelines & Services segment operates a vast network of crude oil pipelines, storage facilities, and marine terminals. It also provides crude oil marketing services and has a fleet of approximately 250 tractor-trailer tank trucks for transporting crude oil.
The Natural Gas Pipelines & Services segment focuses on gathering, treating, and transporting natural gas through its pipeline systems. It also leases underground natural gas storage facilities, markets natural gas, and owns an underground storage cavern in Texas.
The Petrochemical & Refined Products Services segment is involved in various activities, including propylene fractionation, butane isomerization, octane enhancement, and isobutylene production. It operates refined products pipelines and terminals, ethylene export terminals, and provides refined products marketing and marine transportation services.
With a rich history dating back to 1968, Enterprise Products Partners LP is headquartered in Houston, Texas, and has established itself as a prominent player in the midstream energy sector. For more information, visit their website at https://www.enterpriseproducts.com.