Agreed to acquire Lou-Tex propylene pipeline from an affiliate of Shell Chemical. The clicked link will open a new window to a different website. Related by Industry: Construction, Oil & Gas Operations, Mining and Chemicals, Located in Houston-Sugar Land-Baytown, TX Metropolitan Area. Completed expansion of Mont Belvieu NGL fractionation capacity for the 4th time to 210 MBPD. [7] Enterprise Products owns over 50,000 miles of energy pipelines, natural gas processing plants and a large oil storage facility on the Gulf Coast. Our liquified petroleum gas ("LPG") export services continue to benefit from increased NGL supplies produced from domestic shale plays such as the Eagle Ford Shale and strong international demand for propane as a feedstock in ethylene plant operations and for power generation and heating purposes. Yes, physical and digital product teams come from two different worlds, but there must be a common ground where these two can start to speak the same language. The combined partnership will retain the name Enterprise Products Partners L.P. and will access the largest producing basins of natural gas, NGLs and crude oil in the U.S. and will serve some of the largest consuming regions for natural gas, NGLs, refined products, crude oil and petrochemicals. The unicorn, now with $165 million in total funding, is putting AI content creation tools in the hands of enterprise users. On October 1, 2014, we completed step one of our Oiltanking acquisition for total considerations of approximately $4.4 billion. Mr. Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products public in 1998. We expect the expansion to be completed during the second quarter of 2015. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. This bi-directional pipeline with storage on both ends of the system is the only pipeline that effectively connects NGL supplies and markets in Louisiana with the Texas Gulf Coast. Announced the completion of its crude oil pipeline serving the BHP-Billiton-operated Shenzi field in the Gulf of Mexico. Our South Texas crude oil pipeline system is not part of the new joint venture's pipeline system. We will construct and operate the pipeline, which is expected to begin service in the fourth quarter of 2013. Related by financial asset: Enterprise Products Partners L.P. Sixteen-year-old Casey Phair, born in the United States, has been included in South Korea's squad for the Women's World Cup. This state-of-the-art facility can process up to 750 MMcf/d of natural gas and is capable of extracting up to 35 MBPD of NGLs. Acquired natural gas gathering and processing companies from El Paso Corporation that own an 80% interest in three gathering systems and a 75% interest in the Indian Springs gas processing facility, all located in Polk County, Texas for $74.5 million. In-depth profiles and analysis for 20,000 public companies. Completed the construction of its NGL import/export facility on the Houston Ship Channel. Purchased the remaining 50% interest in the EPIK NGL export terminal for $19 million. Completed construction of Lake Charles, Louisiana and Bayport, Texas propylene pipelines. We constructed the South Eddy plant to serve producers in the Delaware Basin region. Duncan Energy acquired a 51% membership interest in Enterprise Texas Pipeline LLC; a 51% general partnership interest in Enterprise Intrastate LP; and a 66% general partnership interest in Enterprise GC LP. Zak Williams, Son Of Late Actor Robin Williams, Has Tips For Depressed Professionals, Pharrell Williams First Menswear Collection For Louis Vuitton Takes Paris Fashion Week By Storm, James Beard Nominee Chef Chris Williams To Open Historic New Concept, Treat Williams Dead: Everwood And Hair Star Was 71, Why Danny Duncan Is YouTubes Most Underrated Star, Writing Calls On Williams Cos. With Dividend In The Pipeline Tomorrow, The Top 10 Richest Women In The World 2023, The World's 15 Youngest Billionaires 2023, Billionaires 2023: The Top 10 Richest People In The World, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Acquired certain natural gas gathering systems and related gathering and processing contracts from Cerrito Gathering Company, Ltd. Oiltanking's marine terminal on the Houston Ship Channel is connected by pipeline to our Mont Belvieu, Texas complex and is integral to our growing LPG export, crude oil storage and octane enhancement and propylene businesses. Completed $9 billion merger with Enterprise GP Holdings L.P. (NYSE: EPE) in a unit-for-unit exchange resulting in the cancellation of the 2% economic general partner interest, the general partner incentive distribution rights in Enterprise Products and approximately 21.6 million Enterprise Products common units owned by EPE. The most heavily invested institutionals were Aspire Private Capital LLC ($12.85B), Blackstone Inc ($1.57B), Blackstone Inc. ($1.15B), Graham Capital Wealth Management LLC ($1.10B), Marquard & Bahls AG ($811.36M), Alps Advisors Inc. ($675.06M), and BlackRock Inc. ($640.59M).Learn more on EPD's institutional investors. WebDuncan co-founded Enterprise Products Company in 1968 and took Enterprise Products public in 1998. We own a 45% member interest in Texas Express Gathering LLC. All Rights Reserved. Our origins began with Enterprise Products Company, formed in 1968 by Dan Duncan and two partners as a wholesale marketer of natural gas liquids. The PDH facility will also be integrated with our polymer grade propylene storage facilities, pipeline system and export terminal. The PDH facility, which is supported by long-term, fee-based contracts, is expected to begin commercial operations in 2016. Only 23% of employees globally say they are thriving at work. Is an airlines schedule its only product attribute? The new pipeline originates at our Lyssy station in Karnes County, Texas and extends 147 miles to Sealy, Texas and includes 2.4 MMBbls of crude oil storage, including 0.8 MMBbls in Karnes County, Texas, 0.4 MMBbls in Gonzales County, Texas and 1.2 MMBbls at Sealy, Texas. Billionaire investor Bill Gross is loading up on EPD and see why we think you should also load it. The Motley Fool has a disclosure policy. Enterprise Products now owns 75% of this facility and is the operator. To see all exchange delays and terms of use please see Barchart's disclaimer. Announced the passing of its Chairman, Dan L. Duncan. The three trains will be able to process up to 1 Bcf/d of natural gas and produce up to 150 MBPD of NGLs when complete. Enterprise provides a full range of storage, processing and distribution services to refineries, chemical companies and natural gas users and producers. Under the terms of the merger agreement, TEPPCO unitholders will receive 1.24 Enterprise Products common units for each TEPPCO unit owned at the effective time of the merger, which was October 26, 2009. In July 2019, Enterprise Products and Altus Midstream Company (NASDAQ: ALTM) announced the closing of Altus acquisition of a 33% equity interest in the Enterprise subsidiary that owns Shin Oak NGL pipeline. We link producers from some of the largest North American supply basins with domestic consumers and international markets. Enterprise Products Partners L.P. is listed on the New York Stock Exchange under ticker symbol EPD. WebInvestor Resources. The Texas Express Pipeline is owned by Texas Express Pipeline LLC, which is a joint venture among us and affiliates of Enbridge Energy Partners, L.P. ("Enbridge"), Anadarko and DCP Midstream Partners ("DCP"). American Consumer News, LLC dba MarketBeat 2010-2023. The Motley Fool recommends Enterprise Products Partners. Top stakeholders of EPD according to 13F filings - stockzoa Who owns Enterprise Products Partners? The Motley Fool has a disclosure policy. The Board of Directors of our general partner, Enterprise Products Holdings LLC ("Enterprise GP"), oversees the management of our partnership. Her father Dan Duncan became the first American billionaire to pass his fortune tax-free to his descendants due to a temporary repeal of the estate tax law in 2010. WebEnterprise Products means Enterprise Products Operating L.P., a limited partnership organized, existing and doing business under and by virtue of the laws of Delaware, with its office and principal place of business located at Womens World Cup: U.S.-Born Casey Phair In South Koreas Squad, Patous Pre-Couture Disco, Iris Van Herpen Fuses Tech And Tradition, Charles De Vilmorin Starts Afresh, Billionaire Wee Cho Yaws UOL To Sell Singapore Property For $389 Million To Tycoon Choo Chong Ngen, Detox And Retox: The Choice Is Yours At W Maldives. Learn more on EPD's institutional investor holdings. To accommodate the additional volumes, we increased capacity on our Acadian Haynesville Extension pipeline from 1.8 Bcf/d to 2.1 Bcf/d by adding horsepower at our Mansfield Compressor Station located in Mansfield, Louisiana. Treat Williams, who is remembered for headlining the family drama Everwood, died Monday night following a motorcycle accident in Vermont. The gas processing facility has a capacity of 160 MMcf/d and the fractionator can separate 14.2 MBPD of mixed NGLs into propane, normal butane, isobutane and natural gasoline. Initial capacity on the Front Range Pipeline will be 150 MBPD, which can be readily expanded to 230 MBPD. The Motley Fool recommends Enterprise Products Partners. In May 2012, Enterprise Products announced that the first phase (or "train") of our new cryogenic natural gas processing plant at Yoakum, Texas commenced operations. Completed construction of a refrigerated export facility located at Enterprise's Houston Ship Channel terminal, with 5,000 Bbls/hr of loading capacity. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The Aegis Ethane Pipeline is expected to commence operations in stages, with initial sections starting service in the third quarter of 2014 and the remaining sections at different times through the second quarter of 2015. The system is expected to have a capacity of 350 MBPD and will include a marine terminal facility at Corpus Christi and 1.8 MMBbls of operational storage capacity across the system. Announced plans to build a new 75 MBPD NGL fractionator at its Mont Belvieu, Texas complex that will provide the partnership with additional capacity to better accommodate growing NGL volumes from producing areas in the Rockies, the Barnett Shale and the emerging Eagle Ford Shale play in South Texas. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Purchased Piceance Creek Pipeline, LLC, from EnCana Oil & Gas Inc. The company ranked No. WebFind out the direct holders, institutional holders and mutual fund holders for Enterprise Products Partners L.P. (EPD). The Mont Belvieu facility has capacity to produce approximately 41 MBPD of polymer-grade propylene. Once this expansion project is completed, we expect our maximum loading capacity at this export terminal will be approximately 27,000 barrels per hour. This new export facility will complement our existing refined products pipelines, storage and terminal facilities in southeast Texas and enable us to provide customers with improved access to international markets. WebAbout us. Acquired Wanda Petroleum Company (pipeline and storage assets) from Dow Chemical. Additionally, Enterprise Products will own, install and operate the Independence Trail, a 24-inch, 140-mile pipeline at an estimated cost of $280 million that will redeliver production from the platform into Tennessee Gas Pipeline. Initial throughput capacity for the Texas Express Pipeline is 280 MBPD, which could be expanded to approximately 400 MBPD with certain system modifications. In addition, the ECHO storage facility will have access to our marine NGL and crude oil terminal at Morgan's Point on the Houston Ship Channel. The Motley Fool has a disclosure policy. In February 2019, our Shin Oak NGL pipeline began service from Orla, Texas in Reeves County to its NGL fractionation and storage complex at the Mont Belvieu hub. View which stocks are hot on social media with MarketBeat's trending stocks report. WebFind out the direct holders, institutional holders and mutual fund holders for Enterprise Products Partners L.P. (EPD). Supply for the Morgans Point Ethane Export Terminal is sourced from our Mont Belvieu NGL fractionation and storage complex and transported through a new 18-mile pipeline that we completed in February 2016. (844) 978-6257. Enterprise Products Partners is a company providing midstream energy services. The Seaway Pipeline delivers crude oil from Cushing, Oklahoma into the Houston and Texas City, Texas market utilizing affiliate and third party pipelines. Learn more on EPD's institutional investor holdings. It serves producers and consumers of natural gas, crude oil, petrochemicals, natural gas liquids, and refined products. In July 2018, Enterprise Products announced plans to develop an offshore crude oil export terminal off the Texas Gulf Coast. The unit upgrades refinery-grade propylene produced by ExxonMobil Chemical and others into chemical-grade propylene, a basic building block petrochemical used in plastics, synthetic fibers and foams. The first five wells have been connected and Cameron Highway is delivering approximately 100 MBPD of crude oil. The pipeline looping project is the first segment of the Phase V expansion and includes 75-miles of 36-inch diameter pipe and 12 miles of 24-inch diameter pipe that transport natural gas from the Jonah and Pinedale fields to processing plants and interstate pipelines near Opal, Wyoming. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our, UK mortgage rates spike to highest level since Truss tax plan spooked markets, Facebook faces legal setback in EU court decision on data privacy and ads, The Taliban are outlawing women's beauty salons in Afghanistan, These 3 Dividends Are En Fuego (Payouts Soaring up to 385%), Grammys CEO on new AI guidelines: Music that contains AI-created elements is eligible. To continue, please click Continue; otherwise, please click Cancel. Which institutional investors have been buying Enterprise Products Partners stock? Panamax class vessels are medium-sized tanker ships designed to transit the existing lock chambers of the Panama Canal. Export data to Excel for your own analysis. Announced along with TEPPCO through its Jonah Gas Gathering Company joint venture, that a new pipeline looping project, constructed as part of the Phase V expansion of the Jonah Gas Gathering System, was put in service. An additional segment to further expand the capacity of this pipeline is scheduled for completion in the second quarter of 2010, at which time the system is expected to provide in excess of 200 MMcfd of incremental natural gas pipeline capacity. On February 17, 2022, an affiliate of Enterprise Products acquired all of the member interests in Navitas Midstream Partners, LLC ("Navitas Midstream") for $3.2 billion in cash. Top stakeholders of EPD according to 13F filings - stockzoa Who owns Enterprise Products Partners? Enterprise Products Partners L.P. is a publicly traded partnership listed on the New York Stock Exchange (NYSE Ticker: EPD). The Motley Fool owns shares of and recommends Enbridge and Kinder Morgan. Completed the purchase of the State Line and Fairplay natural gas gathering and treating systems from subsidiaries of M2 Midstream LLC for approximately $1.2 billion. In April 2018, Enterprise Products began full commercial service on the Midland-to-ECHO crude oil pipeline with an expanded capacity of 540 MBPD and capable of transporting batched grades of crude oil and condensate. The transaction also includes a related 20-year, fee-based agreement under which Enterprise Products will provide natural gas processing, NGL transportation and fractionation, as well as transportation services for natural gas, processed condensate and crude oil. The Independence Hub production platform was successfully installed at its deepwater site in the Mississippi Canyon area of the eastern Gulf of Mexico and began earning demand revenues. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The Aegis Ethane Pipeline will originate at our Mont Belvieu, Texas storage complex and have the capacity to transport up to 425 MBPD of purity ethane volumes to various petrochemical customers along the Gulf Coast of Texas and Louisiana. WebEnterprise Products Partners (EPD) Institutional Ownership $26.41 +0.19 (+0.72%) (As of 05:33 PM ET) Compare Today's Range $26.22 $26.46 50-Day Range $25.27 $26.82 52-Week Range $22.90 $27.36 Volume 2.89 million shs Average Volume 4.45 million shs Market Capitalization $57.43 billion P/E Ratio 10.40 Dividend Yield 7.42% Price Target Which Enterprise Products Partners major shareholders have been selling company stock? Completed construction of isomerization units I and II at Mont Belvieu, each with 12 MBPD of production capacity.