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Enterprise Products Partners Corporate Headquarters Address, CEO Email Address, and Corporate Office Info
Enterprise Products Partners, headquartered in Houston, Texas, is a midstream natural gas and crude oil pipeline firm. GulfTerra was purchased in September 2004. The company was placed No. 105 on the Fortune 500 list of the top corporations in the United States by total revenue in 2018. The majority owner was Dan Duncan (1933–2010). Ralph S. Cunningham took over as CEO of Enterprise Products Partners in 2005. Cunningham took over as president and CEO of Enterprise GP Holdings LP from Michael A. Creel on July 23, 2007. (NYSE: EPE). Cunningham had previously been named interim president and CEO and had resigned as CEO of Enterprise Products on July 31, 2007.
On February 8, 2011, a series of explosions destroyed a large portion of Enterprise Products’ Mont Belvieu factory. After two hours, the resulting fire was brought under control. One of the plant’s contractors was missing, but no further casualties were reported. Enterprise employees detected a spill at their West Cushing Tank Farm near Cushing on December 1, 2015. Within the terminal, approximately 42,000 gallons of crude oil were released. Internal corrosion had caused a tank line to fail.
On November 29, 2016, an Enterprise Products pipeline exploded in Platte County, Missouri, causing 210,000 gallons of ethane propane combination to be released into the atmosphere. There were no injuries or evacuations. On December 6, 2017, about 1:30 a.m., an Enterprise Products pipeline exploded near Loving, New Mexico. Residents within a 2-mile radius of the crossroads of US Highway 285 and State Road 31 were encouraged to voluntarily evacuate by Eddy County officials. The information is still being gathered.
The management team at Enterprise Products Partners has grown the company tremendously throughout the years. Since the company’s first public offering, they’ve leveraged their access to the public market to help finance nearly $36 billion in organic growth projects and $26 billion in mergers and acquisitions, increasing the company’s asset base from $715 million to more than $52 billion. Since the IPO, the firm has increased its distribution 59 times, including in each of the last 50 quarters, thanks to these growth activities. The company’s distribution expansion streak is showing no signs of slowing down, with another $7.1 billion in new initiatives in the works.
Enterprise Products Partners today owns 49,300 miles of natural gas, NGL, crude oil, petrochemical, and refined-products pipelines as a result of their transactions. If put end-to-end, that much pipe would circle the Earth approximately twice. Meanwhile, regulated NGL and refined-product pipelines account for about 40% of those pipes, or about 20,000 miles, transporting more than 2 million barrels per day to sites across 27 states via its interconnected system.
Over the last few years, Enterprise has also focused on developing and purchasing assets that provide consistent fee-based cash flow. As a result, the company’s vulnerability to commodity price volatility has been greatly decreased. Overall, the percentage of its gross operating margin generated by commodity-price-sensitive collection and processing assets has decreased from 32% in 2011 to 8% in 2016. Meanwhile, with $7.1 billion in largely fee-based assets under construction, that number is expected to fall in the coming years. In comparison, Targa Resources obtains around 70% of its gross margin from fees, making it far more vulnerable to commodity price volatility. Enterprise Products Partners L.P. is a publicly-traded partnership that provides midstream energy services to producers and consumers of natural gas, natural gas liquids, crude oil, refined products, and petrochemicals in North America. Natural gas gathering, treatment, processing, transportation, and storage; NGL transportation, fractionation, storage, and import and export terminals; crude oil gathering, transportation, storage, and terminals; petrochemical and refined product transportation, storage, and terminals; and a marine transportation business that primarily operates on the United States inland and Inland waterways.
Enterprise Products Partners. Corporate Headquarters Address and Phone Number
The company is based in WA, United States. Do you have anything to share with the corporate headquarters? If yes, please take a note of the headquarters address of name Inc. below:
Enterprise Products Partners. Corporate Headquarters Address
L.P-, 1100 Louisiana Street
Houston, TX 77002′
The United States.
How do I contact Enterprise Products Partners CEO?
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Customer Support Email and Inquiry Form
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Enterprise Products Partners Contact Details
Enterprise Products Partners Contact Details: NA
Enterprise Products Partners Headquarters Address: L.P-, 1100 Louisiana Street, Houston, TX 77002′, United States.
Enterprise Products Partners Headquarters Phone Number: 713-381-6500.
Enterprise Products Partners Headquarters Whatsapp Number: NA
Enterprise Products Partners Headquarters Office Email ID: NA
Enterprise Products Partners Social Profiles
Enterprise Products Partners Headquarters Facebook Fan Page: https://www.facebook.com/enterpriseproducts/
Enterprise Products Partners Headquarters Twitter Handle: https://twitter.com/EProd_Careers?
Enterprise Products Partners Headquarters Instagram Profile: https://www.instagram.com/enterprise/
Enterprise Products Partners Headquarters Snapchat Profile: NA
Enterprise Products Partners Headquarters YouTube Channel: https://www.youtube.com/watch?v=Uwl16LGXt-4