Enterprise Products Partners L.P. (N:EPD)

Business Focus: Oil & Gas Transportation Services

Feb 24, 2020 11:14 am ET
Enterprise 2019 K-1 Tax Packages Now Available
Enterprise Products Partners L.P. (NYSE:EPD) today announced that its 2019 tax packages, including schedule K-1’s are now available online. They may be accessed through the K-1 Tax Package Support website, www.taxpackagesupport.com/enterprise. The partnership expects to begin mailing the 2019 tax packages today and complete mailing by Friday, February 28, 2020. For additional information, unitholders may call K-1 Tax Package Support toll free at (800) 599-9985 weekdays between 8 a.m. and 5 p.m. CT.
Feb 12, 2020 08:30 am ET
Seaway to Extend Open Season
Seaway Crude Pipeline Company LLC (“Seaway”) today announced an extension of a binding open season currently under way for committed service on expansion capacity of its system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast. The open season, which began December 16, 2019 with the intent to close on February 14, 2020, is being extended to allow interested shippers to complete internal review processes. Seaway is also considering shipper feedback on the open season terms and may adapt the terms to allow for the inclusion of additional crude types, among other modification
Jan 31, 2020 02:18 pm ET
Enterprise Wins Favorable Ruling From Texas Supreme Court
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it has prevailed in its appeal against Energy Transfer Partners in the Supreme Court of Texas. This appeal stems from a 2014 Dallas jury verdict against Enterprise in a lawsuit filed by Energy Transfer over a proposed pipeline project that was cancelled due to a lack of customer support. A panel of the Dallas Court of Appeals issued a unanimous opinion reversing the trial court’s judgment as to all of ETP’s claims against Enterprise, and today the Supreme Court of Texas unanimously affirmed this ruling.
Jan 30, 2020 08:30 am ET
Enterprise Elects Officers
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the board of directors of its general partner has elected its officers, which are effective immediately. A. J. “Jim” Teague and W. Randall Fowler have each been elected to the role of co-chief executive officer (“co-CEO”). Mr. Teague and Mr. Fowler will continue to serve as directors on the board of Enterprise’s general partner and members of the four-person Office of the Chairman, which also includes Randa Duncan Williams, chairman of Enterprise’s general partner and chairman of privately-held Enterprise Products Company, and R
Jan 30, 2020 06:00 am ET
Enterprise Reports Record 2019 Results; Provides Guidance for 2020 Distributions and Buybacks
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2019.
Jan 23, 2020 07:30 am ET
Enterprise Begins Service at Natural Gas Processing Plant in East Texas
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it recently began operations at its new Bulldog cryogenic natural gas processing plant (previously referred to as the “Panola 3 gas plant”) in Panola County, Texas. The facility has the capability to process 200 million cubic feet per day (“MMcf/d”) of natural gas, and extract up to 12,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). Combined with Enterprise’s existing Panola cryogenic facility, this new plant gives the company the capacity to process a total of 320 MMcf/d and produce in excess of 18,000 BPD of NGLs w
Jan 21, 2020 07:30 am ET
Enterprise Begins Service at Mentone Natural Gas Processing Plant
Enterprise Products Partners L.P. (NYSE:EPD) today announced that its Mentone cryogenic natural gas processing plant in Loving County, Texas was recently placed in service. The facility has the capacity to process 300 million cubic feet per day (“MMcf/d”) of natural gas, and extract more than 40,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). Supported by a long-term acreage dedication agreement, the new plant facilitates the continued growth of natural gas and NGLs from the Delaware Basin.
Jan 13, 2020 09:05 am ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the fourth quarter of 2019 to $0.445 per common unit, or $1.78 per unit on an annualized basis.
Jan 13, 2020 07:30 am ET
Enterprise Begins Service at Isobutane Dehydrogenation Plant
Enterprise Products Partners L.P. (NYSE:EPD) today announced that its isobutane dehydrogenation (“iBDH”) plant in the Mont Belvieu, Texas area recently began service, with volumes expected to continue ramping up during the next two weeks. The facility, which is supported by long-term, fee-based contracts with investment grade customers, will ultimately have the capability to process approximately 25,000 barrels per day of butane into nearly 1 billion pounds per year of isobutylene.
Jan 08, 2020 07:30 am ET
Enterprise and Navigator Load First Vessel at New Ethylene Export Terminal
Enterprise Products Partners L.P. (NYSE: EPD) and Navigator Holdings Ltd. (NYSE: NVGS) today announced that the first cargo of ethylene has been exported from their 50/50 joint venture marine terminal located at Morgan’s Point, Texas along the Houston Ship Channel. The Navigator Europa recently departed the facility carrying 25 million pounds of ethylene for Marubeni Corporation, a large Japanese trading company and long-term terminal customer.
Jan 06, 2020 04:40 pm ET
Enterprise Prices $3.0 Billion Aggregate Principal Amount of Senior Notes
Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $3.0 billion aggregate principal amount of notes comprised of (i) $1.0 billion principal amount of senior notes due January 31, 2030 (“Senior Notes AAA”), (ii) $1.0 billion principal amount of senior notes due January 31, 2051 (“Senior Notes BBB”), and (iii) $1.0 billion principal amount of senior notes due January 31, 2060 (“Senior Notes CCC”).
Dec 18, 2019 07:30 am ET
Enterprise, Teague Receive Industry Recognition; Enterprise Receives Top Governance and ESG Honors
Enterprise Products Partners L.P. (NYSE:EPD) was recently recognized among the most honored companies by Institutional Investor magazine’s 2020 All-America Executive Team rankings and S&P Global Platts 2019 Global Energy Awards. In addition, the chief executive officer of Enterprise’s general partner, A. J. “Jim” Teague, received recognition from the American Fuel & Petrochemical Manufacturers (“AFPM”) and the Greater Houston Port Bureau.
Dec 10, 2019 09:44 am ET
Enterprise Products to Participate in Wells Fargo Midstream and Utility Symposium
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will give a presentation and host investor meetings at the Wells Fargo Midstream and Utility Symposium Wednesday, December 11 and Thursday, December 12, 2019 in New York City. The presentation by management is scheduled for 8:00 a.m. ET on Wednesday. A live webcast of the presentation will be available and may be accessed along with the accompanying slides via Enterprise’s website at
Dec 09, 2019 07:35 am ET
Enterprise and Enbridge Sign Letter of Intent to Jointly Develop Deepwater Terminal
Enterprise Products Partners L.P. (NYSE: EPD) and Enbridge Inc. (NYSE: ENB) (TSX: ENB) announced today that certain of their affiliates have executed a letter of intent (“LOI”) to jointly develop a deepwater crude oil terminal in the Gulf of Mexico capable of fully loading Very Large Crude Carriers (VLCCs). Enterprise and Enbridge agreed to focus commercial development efforts on Enterprise’s Sea Port Oil Terminal (“SPOT”) deepwater crude oil terminal. Under the terms of the LOI, Enterprise and Enbridge agreed to negotiate an equity participation right agreement whereby, subject to SPOT receiv
Nov 25, 2019 07:30 am ET
Seaway to Begin Open Season
Seaway Crude Pipeline Company LLC (“Seaway”) today announced a binding open season for committed service on expansion capacity of its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast. The cost-efficient expansion would debottleneck and optimize the system, principally through pump upgrades. The expansion could provide an incremental 200,000 barrels per day (“BPD”), or more, of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments. Further expansion is possible, depending on customer demand. Up t
Nov 19, 2019 08:00 am ET
Enterprise Products to Participate in RBC Capital Markets Midstream Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor meetings at the RBC Capital Markets Midstream Conference Wednesday, November 20 and Thursday, November 21, 2019 in Dallas, Texas.
Oct 30, 2019 07:30 am ET
Seaway Announces Upcoming Open Season
Seaway Crude Pipeline Company LLC (“Seaway”) today announced its plans to hold an open season to gauge shipper support for an expansion of crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area. The expansion could provide an incremental 200,000 barrels per day of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments. The cost-efficient expansion would debottleneck and optimize the system principally through pump upgrades. Initial expansion capacity could be available by
Oct 28, 2019 06:00 am ET
Enterprise Reports Results for Third Quarter 2019
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended September 30, 2019.
Oct 14, 2019 07:30 am ET
Enterprise Completes Successful ATEX Open Season
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced it will proceed with an expansion of its Appalachia-to-Texas (“ATEX”) ethane pipeline, based on customer commitments received during a recent 30-day binding open season. The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s natural gas liquids storage complex in Mont Belvieu, Texas.
Oct 09, 2019 08:47 am ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the third quarter of 2019 to $0.4425 per common unit, or $1.77 per unit on an annualized basis.
Oct 04, 2019 11:00 am ET
Enterprise to Further Expand Midland to ECHO System; Expects Seminole to Return to NGL Service 2H2021
Enterprise Products Partners L.P. (NYSE: EPD), through its wholly owned affiliate M2E4 LLC (“Enterprise”), today announced it has long-term agreements that support a further expansion of the Midland to ECHO crude oil pipeline system. Enterprise will build a pipeline that connects the partnership’s 6 million barrel Midland, Texas storage facility to its ECHO Terminal through its Eagle Ford system in South Texas (the “Pipeline”). This Pipeline will have an initial capacity of 450,000 barrels per day (“BPD”) and can be expanded up to 540,000 BPD. Enterprise’s Houston crude oil distribution system
Sep 26, 2019 07:30 am ET
Enterprise to Build PDH 2 Plant; Supported by Long-term Agreements With LyondellBasell
LyondellBasell Industries N.V. (NYSE: LYB) (“LyondellBasell”) and Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that their respective affiliates have executed long-term contracts that support construction of Enterprise’s second propane dehydrogenation (“PDH”) plant (“PDH 2”). PDH 2 will have the capacity to consume up to 35,000 barrels per day (“BPD”) of propane and produce up to 1.65 billion pounds per year of polymer grade propylene (“PGP”). PDH 2 will be located at Enterprise’s complex in the Mont Belvieu, Texas area. The facility is scheduled to begin service
Sep 19, 2019 10:00 am ET
Enterprise to Expand and Extend Acadian Gas Pipeline System in Louisiana
As part of the project, Enterprise also plans to increase capacity on the Acadian Haynesville Extension by adding horsepower at its Mansfield compressor station in De Soto Parish. When completed, the expansion and extension project will increase the Acadian system’s capability to transport Haynesville natural gas production from 1.8 Bcf/d to 2.1 Bcf/d. The project is supported by long-term customer contracts and is expected to begin service in mid-2021.
Sep 11, 2019 09:00 am ET
Enterprise Products to Participate in J.P. Morgan Midwest Energy Infrastructure / MLP 1x1 Forum
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor meetings at the J.P. Morgan Midwest Energy Infrastructure / MLP 1x1 Forum Thursday, September 12, 2019 in Chicago, Illinois.
Sep 03, 2019 07:30 am ET
Enterprise Announces Promotions
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the following promotions and new officers, effective immediately:
Aug 30, 2019 08:00 am ET
Enterprise Products to Participate in Barclays CEO Energy–Power Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor meetings at the Barclays CEO Energy–Power Conference Tuesday, September 3, 2019 and Wednesday, September 4, 2019 in New York City.
Aug 26, 2019 10:00 am ET
Enterprise Begins Open Season for ATEX Ethane Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced the start of a binding open season to determine demand for expanded capacity on the partnership’s Appalachia-to-Texas (“ATEX”) ethane pipeline. The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s natural gas liquids storage complex in Mont Belvieu, Texas, and features pipeline access to petrochemical plants along the Gulf Coast.
Aug 13, 2019 08:00 am ET
Enterprise Products to Participate in Citi One-on-One Midstream / Energy Infrastructure Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor meetings at the Citi One-on-One Midstream / Energy Infrastructure Conference Wednesday, August 14, 2019 and Thursday, August 15, 2019 in Las Vegas, Nevada.
Aug 09, 2019 12:41 pm ET
Alerian Reports June 30, 2019 Index Linked Product Positions
DALLAS, Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019, total products directly tied to and tracking the Alerian indices was $13.7 billion. ...
Jul 31, 2019 08:30 am ET
Altus Midstream Acquires Stake in Enterprise’s Shin Oak Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) and Altus Midstream Company (NASDAQ: ALTM) announced the closing of Altus’ acquisition of a 33 percent equity interest in the Enterprise subsidiary that owns the Shin Oak natural gas liquids (“NGL”) pipeline, effective today. The 658-mile Shin Oak Pipeline transports growing NGL production from multiple basins, including the Permian, to Enterprise’s NGL fractionation and storage complex in Mont Belvieu, Texas.
Jul 31, 2019 06:00 am ET
Enterprise Reports Record Results for Second Quarter 2019
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended June 30, 2019.
Jul 30, 2019 04:05 pm ET
Enterprise Announces Long-term Agreements With Chevron to Support Offshore Crude Oil Port
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) and Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), announced long-term agreements supporting the development of Enterprise’s Sea Port Oil Terminal (“SPOT”) in the Gulf of Mexico.
Jul 30, 2019 04:05 pm ET
Enterprise Announces Pipeline Transportation, Storage and Marine Services Agreements With Chevron
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) and Chevron U.S.A. Inc. (CUSA), a wholly-owned subsidiary of Chevron Corporation (NYSE: CVX), today announced the execution of long-term agreements for crude oil transportation, storage and marine terminaling services. This suite of agreements, together with other customer agreements, support expansion of Enterprise’s crude oil system from the Permian Basin to Enterprise’s ECHO terminal in Houston, Texas.
Jul 22, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, July 22, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). On May 7, 2019, Index constituents Andeavor Logistics LP (NYSE: ANDX) and MPLX LP (NYSE: MPLX) and related entities entered into an Agreement and Plan of Merger ("Merger Agreement") that would result in ANDX common units ceasing to be publicly traded, subject to the approval of the holders of at least a majority of the ANDX common units. On June 28, 2019, ANDX publicly announced that entities hold...
Jul 09, 2019 12:45 pm ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the second quarter of 2019 to $0.44 per common unit, or $1.76 per unit on an annualized basis.
Jul 09, 2019 07:30 am ET
Enterprise Begins Service on Orla 3
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that service recently began on the third train at its Orla cryogenic natural gas processing plant in Reeves County, Texas. The completion of the final announced processing unit at Orla increases natural gas processing capacity at the facility to 900 million cubic feet per day (“MMcf/d”) and allows Enterprise to produce in excess of 140,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). Throughout the Permian Basin, Enterprise now has the capability to process 1.3 billion cubic feet of natural gas and produce
Jul 08, 2019 04:05 pm ET
Enterprise Announces Additional Expansion Projects at Houston Ship Channel Terminal
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced three additional expansion projects that will increase the partnership’s capacity to load liquefied petroleum gas (“LPG”), polymer grade propylene (“PGP”) and crude oil from its Enterprise Hydrocarbon Terminal (“EHT”) on the Houston Ship Channel.
Jul 05, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, July 5, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 12, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 15, 2019:...
Jun 24, 2019 04:59 pm ET
Enterprise Prices $2.5 Billion Aggregate Principal Amount of Senior Notes
Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $2.5 billion aggregate principal amount of notes comprised of (i) $1.25 billion principal amount of senior notes due July 31, 2029 (“Senior Notes YY”) and (ii) $1.25 billion principal amount of senior notes due January 31, 2050 (“Senior Notes ZZ”).
Jun 04, 2019 04:30 pm ET
Enterprise Products Partners to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it will participate in the following upcoming conferences in New York City:
May 28, 2019 08:30 am ET
Enterprise to Extend Ethylene Pipeline Network
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced it is extending its ethylene pipeline and logistics system further into South Texas, a leading growth area for new crackers and ethylene derivative plants. The Baymark ethylene pipeline will originate in the Bayport area of southeast Harris County and extend approximately 90 miles to Markham, Texas in Matagorda County. The pipeline is supported by long-term customer commitments and is scheduled to begin service in the fourth quarter of 2020. The project is a joint ventu
May 13, 2019 08:00 am ET
Enterprise Products to Participate in MLP & Energy Infrastructure Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host investor meetings at the MLP & Energy Infrastructure Conference Tuesday, May 14, 2019 through Thursday, May 16, 2019 in Las Vegas, Nevada.
May 01, 2019 06:00 am ET
Enterprise Reports Record Results for First Quarter 2019
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2019.
Apr 08, 2019 04:30 pm ET
Enterprise Products to Host Analyst and Investor Day
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host a meeting with securities analysts and investors on Wednesday, April 10, 2019 at 8 a.m. CDT in Houston. The event will be webcast live on the internet and may be accessed along with accompanying slides via Enterprise’s website at www.enterprise
Apr 08, 2019 10:38 am ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the first quarter of 2019 to $0.4375 per common unit, or $1.75 per unit on an annualized basis.
Mar 29, 2019 09:16 am ET
Enterprise Products to Participate in Mizuho Energy Infrastructure Summit
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will participate in investor meetings at the Mizuho Energy Infrastructure Summit Monday, April 1, 2019 and Tuesday, April 2, 2019 in Napa, California.
Mar 26, 2019 04:45 pm ET
Enterprise Products to Participate in Scotia Howard Weil Energy Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will participate in investor meetings at the Scotia Howard Weil Energy Conference Wednesday, March 27, 2019 in New Orleans, Louisiana.
Mar 20, 2019 08:00 am ET
Enterprise to Offer Crude Oil for Export
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it will again team up with CME Group to conduct an electronic auction offering U.S. crude oil for export from the Enterprise Hydrocarbon Terminal (“EHT”) on the Houston Ship Channel. During the auction, which will take place April 4, 2019, bids will be accepted for WTI light sweet crude oil using CME Group’s proprietary spot auction platform. The auction will be the second to take place since the launch of a physically delivered NYMEX WTI Houston Crude Oil futures contract in
Mar 04, 2019 05:00 pm ET
Enterprise Products Partners to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it will participate in one-on-one meetings at the Morgan Stanley Energy & Power Conference on Tuesday, March 5; and the Barclays Capital Investment Grade Energy and Pipeline Conference on Wednesday, March 6 and Thursday, March 7 in New York.
Mar 01, 2019 07:10 am ET
Market Trends Toward New Normal in ITT, Palo Alto Networks, Enterprise Products Partners, Blueprint Medicines, Lincoln Electric, and NewMarket — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ITT Inc. (NYSE:ITT), Palo Alto Networks, Inc. (NYSE:PANW), Enterprise...
Mar 01, 2019 07:00 am ET
Enterprise Products Partners L.P. 2018 Form 10-K Now Available
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has filed the partnership’s Annual Report on Form 10-K for the year ended December 31, 2018 with the Securities and Exchange Commission. The report is available on the Enterprise website at www.enterpriseproducts.com, and hard copies of the report ma
Feb 28, 2019 08:00 am ET
Enterprise Begins Service on Shin Oak NGL Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) today announced that its Shin Oak natural gas liquids (“NGL”) mainline is now in service from Orla, Texas in Reeves County to its NGL fractionation and storage complex at the Mont Belvieu hub. The 24-inch diameter pipeline has an initial capacity of approximately 250,000 barrels per day (“BPD”) and provides takeaway capacity for growing NGL production from multiple basins, including the Permian, where NGL volumes are projected to nearly double within the next three years.
Feb 25, 2019 10:33 am ET
2018 K-1 Tax Packages for Enterprise Products Partners L.P. Are Now Available
The 2018 tax packages, including schedule K-1s, for Enterprise Products Partners L.P. (NYSE: EPD) are now available online. They may be accessed through the K-1 Tax Package Support website www.taxpackagesupport.com/enterprise. The partnership expects to begin mailing the 2018 tax packages today and
Feb 01, 2019 11:37 am ET
Alerian Reports December 31, 2018 Index Linked Product Positions
DALLAS, Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, and variable insurance portfolios....
Jan 31, 2019 06:05 am ET
Enterprise Reports Record 2018 Results
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and year ended December 31, 2018.
Jan 31, 2019 06:00 am ET
Enterprise Announces $2 Billion Unit Buyback Program; Provides 2019 Distribution Guidance
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the board of directors of its general partner has approved a $2.0 billion multi-year common unit buyback program. Enterprise’s management also provided distribution guidance for 2019.
Jan 17, 2019 07:20 am ET
Report: Developing Opportunities within Enterprise Products Partners, Antero Midstream Partners LP, Integrated Device Technology, Collegium Pharmaceutical, GAIN Capital, and United Technologies — Futu
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Enterprise Products Partners L.P. (NYSE:EPD), Antero Midstream Partners LP...
Jan 15, 2019 05:46 pm ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the fourth quarter of 2018 to $0.435 per common unit, or $1.74 per unit on an annualized basis.
Jan 03, 2019 04:15 pm ET
Brasseux and Rutherford Elected Directors of Enterprise’s General Partner
Enterprise Products Partners L.P. (“Enterprise” NYSE:EPD) today announced that Murray E. Brasseux and John R. Rutherford have been elected members of the board of directors of its general partner, Enterprise Products Holdings LLC, effective today. Each of Mr. Brasseux and Mr. Rutherford has also been appointed to serve on the board’s Audit and Conflicts Committee.
Dec 21, 2018 07:30 am ET
Seaway Begins Open Season
Seaway Crude Oil Pipeline Company LLC today announced the start of a binding open season to gauge shipper support for expanded crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area. The expansion could provide approximately 100,000 barrels per day of incremental capacity, projected to be available by February 1, 2019. The final volume of capacity for committed and uncommitted service, as well as the points of origin and destination, will be determined based on the results of the ope
Dec 03, 2018 08:00 am ET
Enterprise Products Partners to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in one-on-one meetings at the Global Mizuho Investor Conference on Tuesday, December 4th; and the Wells Fargo Securities Annual Midstream and Utility Symposium on Wednesday, December 5th in New York.
Nov 12, 2018 06:16 pm ET
Enterprise Products to Participate in RBC Capital Markets Midstream Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will participate in investor meetings at the RBC Capital Markets Midstream Conference Wednesday, November 14, 2018 in Dallas, Texas.
Nov 07, 2018 08:50 am ET
New Research: Key Drivers of Growth for Bunge, Mitek, InfraREIT, Trimble, PPL, and Enterprise Products Partners — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Bunge Limited (NYSE:BG), Mitek Systems, Inc. (NASDAQ:MITK), InfraREIT,...
Nov 06, 2018 11:00 am ET
Enterprise Increasing Fractionation Capabilities at Existing Plants
Enterprise Products Partners L.P. (NYSE: EPD) today announced a series of projects designed to provide an additional 55,000 barrels per day (“BPD”) of fractionation capacity at existing facilities in Texas and Louisiana. As part of the initiative, Enterprise plans to optimize its Shoup fractionator in Nueces County, Texas by expanding and repurposing a portion of the partnership’s South Texas pipeline system. Construction of approximately 21 miles of new pipeline along with the conversion of approximately 65 miles of existing natural gas pipelin
Oct 31, 2018 06:30 am ET
Enterprise Reports Record Results for Third Quarter 2018
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended September 30, 2018.
Oct 31, 2018 06:15 am ET
Enterprise Begins Construction of Seventh Natural Gas Processing Plant in Delaware Basin; Orla II Now in Service
Enterprise Products Partners L.P. (NYSE: EPD) today announced it has begun construction of the Mentone cryogenic natural gas processing plant in Loving County, Texas. The facility, which is expected to begin service in the first quarter of 2020, will have the capacity to process 300 million cubic feet per day of natural gas and extract in excess of 40,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). The project is supported by a long-term acreage dedication agreement.
Oct 31, 2018 06:00 am ET
Enterprise to Expand Mont Belvieu NGL Fractionation Capacity
Enterprise Products Partners L.P. (NYSE: EPD) today announced plans for an incremental 150,000 barrels per day (“BPD”) expansion to its natural gas liquids (“NGL”) fractionation facilities at its Mont Belvieu complex. The expansion would increase Enterprise’s NGL fractionation capacity to 1 million BPD in the Mont Belvieu area, and approximately 1.5 million BPD companywide, once service begins. This new NGL fractionator is expected to be completed in the second quarter of 2020. Enterprise previously announced plans for a 150,000 NGL fractionator
Oct 11, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, Oct. 11, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). On August 1, 2018, Index constituents Energy Transfer Equity, L.P. (NYSE: ETE) and Energy Transfer Partners, L.P. (NYSE: ETP) announced a merger agreement wherein ETE would acquire ETP, subject to the approval of ETP unitholders. A special meeting of ETP unitholders is scheduled for October 18, 2018, for the purpose of voting on the merger agreement. Per the Index's methodology guide, after the mark...
Oct 05, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, Oct. 5, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on October 12, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on October 15, 2018....
Oct 04, 2018 09:00 am ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the third quarter of 2018 to $0.4325 per common unit, or $1.73 per unit on an annualized basis.
Oct 03, 2018 04:58 pm ET
Enterprise Prices $3 Billion Aggregate Principal Amount of Senior Notes
Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $3.00 billion aggregate principal amount of notes comprised of (i) $750 million principal amount of senior notes due February 1, 2022 (“Senior Notes VV”), (ii) $1.00 billion principal amount of senior notes due October 16, 2028 (“Senior Notes WW”), and (iii) $1.25 billion principal amount of senior notes due February 1, 2049 (“Senior Notes XX”).
Sep 28, 2018 07:45 am ET
Detailed Research: Economic Perspectives on PJT Partners, Piedmont Office Realty Trust, Enterprise Products Partners, Phillips 66 Partners LP, Hospitality Properties Trust, and Cheniere Energy Partner
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PJT Partners Inc. (NYSE:PJT), Piedmont Office Realty Trust, Inc....
Sep 12, 2018 04:17 pm ET
Enterprise Enters into New 364-Day Revolving Credit Facility
Enterprise Products Partners L.P. (NYSE: EPD) announced today that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has entered into a new 364-day revolving credit facility.
Sep 10, 2018 12:49 pm ET
Enterprise Expanding LPG Capacity at Houston Ship Channel Terminal
Enterprise Products Partners L.P. (NYSE: EPD) today announced that construction is under way to increase loading capacity for liquefied petroleum gas (“LPG”), primarily propane and butane, at the Enterprise Hydrocarbon Terminal (“EHT”) by 175,000 barrels per day (“BPD”), or approximately 5 million barrels per month. The expansion will bring total LPG export capacity at EHT to 720,000 BPD, or approximately 21 million barrels per month.
Sep 05, 2018 07:30 am ET
Enterprise Begins Construction of Tenth NGL Fractionator in Mont Belvieu Area
Enterprise Products Partners L.P. (NYSE: EPD) today announced it has begun construction of a new natural gas liquids (“NGL”) fractionator adjacent to its Mont Belvieu, Texas complex. The new unit will have a nameplate capacity of 150,000 barrels per day (“BPD”), giving Enterprise 905,000 BPD of fractionation capability in the Mont Belvieu area, and approximately 1.4 million BPD companywide. The fractionator is scheduled to begin service in the first quarter of 2020.
Sep 04, 2018 09:25 am ET
Enterprise Products to Participate in Barclays Energy Conference
Enterprise Products Partners L.P. (NYSE:EPD) announced today that management is scheduled to present at the Barclays CEO Energy-Power Conference on Wednesday, September 5, 2018 at 10:25 a.m. ET in New York, NY.
Aug 23, 2018 07:30 am ET
Enterprise and American Midstream to Optimize Gulf Coast Assets
Enterprise Products Partners L.P. (NYSE: EPD) and American Midstream Partners, LP (NYSE: AMID) today announced they have entered into an agreement under which American Midstream may elect to purchase a 25 percent interest in Enterprise’s Pascagoula natural gas processing plant. The purchase option is subject to certain conditions, including American Midstream completing modifications to certain facilities on its High Point pipeline system that will provide incremental natural gas volumes with access to the Pascagoula plant.
Aug 21, 2018 09:30 am ET
Enterprise Products Partners President Randy Fowler Interviewed by Advisor Access
Enterprise Products Partners L.P. (NYSE:EPD) provides midstream energy services to producers across the United States, holds assets including ~50,000 miles of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemical...
Aug 14, 2018 04:59 pm ET
Enterprise Products to Participate in Citi One-on-One MLP / Midstream Infrastructure Conference
Enterprise Products Partners L.P. (NYSE:EPD) announced today that it will participate in investor meetings at the Citi One-on-One MLP / Midstream Infrastructure Conference Wednesday, August 15 and Thursday, August 16, 2018 in Las Vegas, Nevada.
Aug 07, 2018 04:45 pm ET
Enterprise Products to Participate in Goldman Sachs Investor Conference
Enterprise Products Partners L.P. (NYSE:EPD) announced today that it will participate in investor meetings at the Goldman Sachs Power, Utilities, MLPs and Pipeline Conference Thursday, August 9, 2018 in New York City.
Aug 01, 2018 11:26 am ET
Alerian Reports June 30, 2018 Index Linked Product Positions
DALLAS, Aug. 1, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $15.0 billion as of June 30, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Aug 01, 2018 06:15 am ET
Enterprise Reports Record Results for Second Quarter 2018
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended June 30, 2018.
Jul 17, 2018 08:00 am ET
Enterprise to Develop Offshore Texas Crude Oil Export Terminal
Enterprise Products Partners L.P. (NYSE: EPD) today announced it is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast. The terminal would be capable of fully loading Very Large Crude Carriers (“VLCC”), which have capacities of approximately 2 million barrels and provide the most efficient and cost-effective solution to export crude oil to the largest international markets in Asia and Europe.
Jul 09, 2018 01:40 pm ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the second quarter of 2018 to $0.43 per common unit, or $1.72 per unit on an annualized basis.
Jul 09, 2018 08:00 am ET
Enterprise Begins Open Season for Expanded Refined Products Services
Enterprise Products Partners L.P. (NYSE: EPD) announced today that its affiliate, Enterprise TE Products Pipeline Company LLC, is conducting an open season to gauge shipper support for incremental volumes of ultra-low sulfur diesel and motor gasoline on the company’s existing 14-inch diameter pipeline that originates in Seymour, Indiana and terminates in the Chicago, Illinois area. To accommodate the additional throughput, Enterprise would increase the capacity on a portion of the 14-inch diameter pipeline in order to receive incremental product
Jul 06, 2018 09:02 am ET
Swank Capital and Cushing® Asset Management Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, July 6, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 13, 2018, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on July 16, 2018....
Jun 29, 2018 10:37 am ET
Alerian Launches Two New Midstream Energy Indices and Announces Methodology and Name Changes to the Alerian Energy Infrastructure Index
DALLAS, June 29, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Midstream Energy Index, a broad-based composite of North American energy infrastructure companies. Constituents can be structured as pass-through entities or corporations, but must earn the majority of their cash flow from midstream activities involving energy commodities. The capped, float-adjusted, capitalization-weighted index is disseminated real-time on a price-return basis (AMNA) and on a total-return basis (AMNAX)....
Jun 28, 2018 09:55 am ET
Seaway Loads First VLCC Ship
Seaway Crude Pipeline Company LLC, operated by Enterprise Products Partners L.P. (NYSE: EPD), today announced the loading of its first Very Large Crude Carrier (“VLCC”), which has the capacity of approximately 2 million barrels of crude oil. The loading took place at the company’s marine terminal in Texas City, Texas June 22-24. The FPMC C Melody, chartered by Vitol, Inc., is the first VLCC to be loaded at a Texas port. The Texas City facility features two docks, a 45-foot draft, an overall length (LOA) of 1,125 feet, a 220-foot be
Jun 21, 2018 02:00 pm ET
Enterprise Adds Vessel Fueling Capabilities at Houston Ship Channel Export Facility
Enterprise Products Partners L.P. (NYSE: EPD), as of June 1, 2018, is the exclusive provider of residual marine fuel (“RMG 380”) and marine gas oil (“MGO”) at its Enterprise Hydrocarbons Terminal (“EHT”) on the Houston Ship Channel. RMG 380 and MGO are the primary transportation fuels used by deep-draft vessels that dock at the EHT facility.
Jun 15, 2018 08:00 am ET
Enterprise Products to Participate in J.P. Morgan 2018 Energy Conference
Enterprise Products Partners L.P. (NYSE:EPD) announced today that it will participate in investor meetings at the J.P. Morgan Energy conference Tuesday and Wednesday, June 19-20, 2018 in New York City.
Jun 12, 2018 07:30 am ET
Report: Developing Opportunities within ConocoPhillips, Teleflex, Enterprise Products Partners, Tandem Diabetes Care, J.B. Hunt Transport Services, and Ascena Retail Group — Future Expectations, Proje
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ConocoPhillips (NYSE:COP), Teleflex Incorporated (NYSE:TFX), Enterprise...
May 29, 2018 08:00 am ET
Enterprise and Navigator Announce Location of Ethylene Export Terminal; Begin Construction
Enterprise Products Partners L.P. (NYSE:EPD) and Navigator Holdings Ltd. (NYSE:NVGS) announced today that construction is now under way on their 50/50 joint venture ethylene export terminal which will be located at Enterprise’s Morgan’s Point, Texas facility on the Houston Ship Channel. The terminal will have the capacity to export approximately 2.2 billion pounds of ethylene per year. Refrigerated storage for 66 million pounds of ethylene is being constructed on-site and will provide the capability to load ethylene at rates of 2.2 million pound
May 25, 2018 05:00 pm ET
Enterprise Conducts Open Season for West Texas Crude Oil System Expansion
Enterprise Products Partners L.P. (NYSE: EPD) today announced a binding open season for expansion capacity on its Enterprise Crude Pipeline LLC (“ECPL”) West Texas System, which transports crude oil from points in New Mexico to the company’s terminal in Midland, Texas. The expansion of the West Texas System is designed to facilitate growing production of crude oil from the Delaware Basin in New Mexico by providing much-needed pipeline takeaway capacity.
May 24, 2018 08:00 am ET
Apache Dedicates Alpine High NGLs to Enterprise
Enterprise Products Partners L.P. (NYSE: EPD) and Apache Corporation (NYSE and NASDAQ: APA) today announced they have executed a long-term agreement, with Apache committing 100 percent of its Alpine High natural gas liquids (“NGLs”) to Enterprise.
May 22, 2018 09:03 am ET
Enterprise Products to Participate in Annual MLPA Energy Infrastructure Conference
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in the annual Master Limited Partnership Association (“MLPA”) Energy Infrastructure conference Wednesday, May 23 and Thursday, May 24, in Orlando, Florida.
May 15, 2018 05:00 pm ET
Enterprise Products to Participate in MUFG Securities Americas Inc. Oil and Gas Conference
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in investor meetings at the MUFG Securities Americas Inc. Oil and Gas conference Thursday, May 17, 2018 in New York.
May 07, 2018 11:42 am ET
Alerian Reports March 31, 2018 Index Linked Product Positions
DALLAS, May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
May 04, 2018 05:42 pm ET
Enterprise Products Partners to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in investor meetings at the Deutsche Bank MLP & Pipeline Day and the SunTrust Midstream Summit in New York on Wednesday and Thursday, May 9 and 10, 2018.
May 04, 2018 08:00 am ET
Enterprise and Energy Transfer Form Joint Venture to Restore Service on Old Ocean Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced the formation of a 50/50 joint venture to resume service on the Old Ocean natural gas pipeline, which has been essentially idled since 2012. The 24-inch diameter pipeline, which originates at Maypearl, Texas in Ellis County and extends south approximately 240 miles to Sweeny, in Brazoria County, Texas, is expected to resume service in the second quarter of 2018. ETP will operate the pipeline. Additionally, both parties are in the process
May 03, 2018 08:05 am ET
Enterprise, Enbridge, Western Gas Partners and DCP Midstream Conduct Open Season for Texas Express Expansion
Enterprise Products Partners L.P. (NYSE: EPD), Midcoast Operating L.P. (a subsidiary of Enbridge, Inc. (TSX, NYSE: ENB)), Western Gas Partners, LP (NYSE: WES) and DCP Midstream, LP (NYSE: DCP) today announced a binding open season for additional capacity on the Texas Express Pipeline (“Texas Express”), which transports mixed natural gas liquids (“NGL”) from Skellytown, Texas in Carson County to the NGL fractionation and storage complex in Mont Belvieu, Texas. Subject to customer commitments during the open season, the partners expect to expand T
May 03, 2018 08:00 am ET
Enterprise, Western Gas Partners, and DCP Midstream Seek to Expand the Front Range Pipeline
Enterprise Products Partners L.P. (NYSE: EPD), Western Gas Partners, LP (NYSE: WES) and DCP Midstream, LP (NYSE: DCP) today announced a binding open season for additional capacity on the Front Range Pipeline (“Front Range”), which transports mixed natural gas liquids (“NGL”) from the Denver-Julesburg (“DJ”) Basin in Weld County, Colorado to Skellytown, Texas in Carson County. Subject to customer commitments during the open season, the partners expect to expand Front Range by 100,000 barrels per day (“BPD”) to a total capacity of approximately 25
May 02, 2018 08:00 am ET
Enterprise Begins Service at Orla Natural Gas Processing Plant in the Delaware Basin
Enterprise Products Partners L.P. (NYSE: EPD) today announced the start of commercial operations at the company’s new cryogenic natural gas processing facility in Reeves County, Texas. The Orla 1 plant has a nameplate capacity of 300 million cubic feet per day (“MMcf/d”) of natural gas processing and is capable of extracting in excess of 40,000 barrels per day (“BPD”) of natural gas liquids (“NGL”). The start-up of the initial processing train at the Orla complex will be followed by the start-up of the Orla 2 processing train in the fourth quart
Apr 30, 2018 06:15 am ET
Enterprise Reports Record Results for First Quarter 2018
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2018.
Apr 18, 2018 04:15 pm ET
Enterprise Receives Top Honors for Safety
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it is the recipient of the GPA Midstream Association (GPA) safety award for 1st place safety performance among companies with at least one million work hours. Founded in 1921, the GPA is a trade organization with approximately 100 members engaged in the gathering and processing of natural gas. The organization is the primary advocate for a sustainable midstream industry. GPA is dedicated to developing standards, conducting industry research, educating workers and improv
Apr 16, 2018 08:00 am ET
Enterprise Begins Full Service on Midland-to-Sealy Pipeline
Enterprise Products Partners L.P. (NYSE:EPD) today announced that its 416-mile Midland-to-Sealy pipeline is now in full service with an expanded capacity of 540,000 barrels per day ("BPD") and capable of transporting batched grades of crude oil and condensate. With the completion of incremental tankage, as well as infrastructure and operating enhancements, the pipeline has an expected capacity of 575,000 BPD which is expected to come online in May and is fully subscribed under long-term contracts.
Apr 11, 2018 04:20 pm ET
Enterprise Expands Marine Terminal on the Houston Ship Channel
Enterprise Products Partners L.P. (NYSE: EPD) today announced that the company has purchased a 65-acre waterfront site on the Houston Ship Channel that will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (“EHT”). Located immediately to the east of EHT, the property features two existing docks, dredging infrastructure that will be utilized for maintenance and dock expansion at the site, and land for significantly expanding Enterprise’s marine terminaling capabilities. Future plans include construction of at least two
Apr 10, 2018 04:43 pm ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners with respect to the first quarter of 2018 to $0.4275 per common unit, or $1.71 per unit on an annualized basis.
Apr 06, 2018 08:00 am ET
Enterprise Products Partners to Participate in Mizuho Energy Summit Conference
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in investor meetings at the Mizuho Energy Summit Conference on Monday and Tuesday, April 9 and 10, 2018 in Napa, CA.
Mar 15, 2018 02:34 pm ET
FERC Policy Revision to Have No Material Impact to Enterprise Financial Results
Enterprise Products Partners L.P. (NYSE:EPD) announced that revisions announced today by the Federal Energy Regulatory Commission (“FERC”) with regard to its 2005 policy for recovery of income taxes are not expected to have a material impact to the earnings and cash flow of Enterprise. The FERC announced today that it would revise its 2005 Policy Statement for Recovery of Income Tax costs so that it no longer will allow interstate pipelines owned by master limited partnerships to recover an income tax allowance in the cost of service.
Mar 05, 2018 05:39 pm ET
Enterprise Products Partners to Host Investor & Analyst Day
Enterprise Products Partners L.P. (NYSE:EPD) today announced it will host a meeting with securities analysts and investors on Wednesday, March 7, 2018 at 8 a.m. CST in Houston. The event will be webcast live on the internet and may be accessed along with accompanying slides via Enterprise’s website at www.enterpriseproducts
Feb 28, 2018 11:02 am ET
Enterprise Products Partners L.P. 2017 Form 10-K Now Available
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has filed the partnership’s Annual Report on Form 10-K for the year ended December 31, 2017 with the Securities and Exchange Commission. The report is available on the Enterprise website at www.enterpriseproducts.com, and hard copies of the report may
Feb 26, 2018 05:06 pm ET
Enterprise Products Partners to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it will participate in the following upcoming conferences:
Feb 23, 2018 01:45 pm ET
2017 K-1 Tax Packages for Enterprise Products Partners L.P. Are Now Available
The 2017 tax packages, including schedule K-1s, for Enterprise Products Partners L.P. (NYSE: EPD) are now available online. They may be accessed through the K-1 Tax Package Support website www.taxpackagesupport.com/enterprise. The partnership expects to begin mailing the 2017 tax packages today and
Feb 21, 2018 03:24 pm ET
Alerian Reports December 31, 2017 Index Linked Product Positions
DALLAS, Feb. 21, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $16.3 billion as of December 31, 2017. Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, variable insurance portfolios, and mutual funds....
Feb 16, 2018 07:50 am ET
Market Trends Toward New Normal in Diamondback Energy, Green Plains, Scripps Networks Interactive, Enterprise Products Partners, Centene, and Weyerhaeuser — Emerging Consolidated Expectations, Analyst
NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Diamondback Energy, Inc. (NASDAQ:FANG), Green Plains,...
Feb 09, 2018 09:58 am ET
Enterprise Products Partners to Present at the Credit Suisse Energy Summit
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it is presenting at the Credit Suisse Energy Summit on Tuesday, February 13, 2018 in Vail, Colorado.
Feb 01, 2018 05:30 pm ET
Enterprise Announces Notice of Redemption of 7.034% Fixed/Floating Rate Junior Subordinated Notes Due 2068
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has notified its trustee and paying agent to redeem all of the $682.7 million outstanding aggregate principal amount of EPO’s 7.034% Fixed/Floating Rate Junior Subordinated Notes due 2068 (CUSIP No. 293791AW9) (the “7.034% Subordinated Notes”). Enterprise anticipates that the 7.034% Subordinated Notes will be redeemed on or about March 5, 2018 (the “Redemption Date”), in accordance with the terms
Feb 01, 2018 05:29 pm ET
Enterprise Prices $2.7 Billion Aggregate Principal Amount of Senior Notes and Junior Subordinated Notes
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced public offerings of $2.7 billion aggregate principal amount of notes comprised of (i) $750 million principal amount of senior notes due February 15, 2021 (“Senior Notes TT”), (ii) $1,250 million principal amount of senior notes due February 15, 2048 (“Senior Notes UU”), and (iii) $700 million principal amount of junior subordinated notes due February 15, 2078 (“Junior Subordinated Notes
Jan 31, 2018 07:30 am ET
Enterprise and Navigator Gas to Build Ethylene Export Terminal
Enterprise Products Partners L.P. (NYSE: EPD) and Navigator Holdings Ltd. (NYSE: NVGS) announced today that they have entered into a 50/50 joint venture to build a new ethylene export facility along the U.S. Gulf Coast that will have the capacity to export approximately 1 million tons of ethylene per year. Refrigerated storage for 30,000 tons of ethylene will be constructed on-site and will provide the capability to load ethylene at rates of 1,000 tons per hour. The facilities are expected to be in service by the first quarter of 2020. The proje
Jan 31, 2018 06:00 am ET
Enterprise Reports Record 2017 Results
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months and twelve months ended December 31, 2017.
Jan 12, 2018 08:42 am ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners to $0.425 per common unit, or $1.70 per unit on an annualized basis.
Jan 08, 2018 08:39 am ET
Enterprise Products Partners to Participate in UBS MLP One-on-One Conference
Enterprise Products Partners L.P. (NYSE:EPD) today announced that it is participating in investor meetings at the UBS MLP One-on-One Conference on Tuesday and Wednesday, January 9-10, 2018 in Park City, Utah.
Jan 08, 2018 07:30 am ET
Enterprise Products to Expand Butane Isomerization Facility
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the partnership plans to expand its butane isomerization facility at its complex in Mont Belvieu, Texas. This expansion is supported by long-term agreements to provide butane isomerization, storage and pipeline services, including a 20-year, 35,000 barrel per day (“BPD”) fee-based, tolling agreement. Enterprise is currently evaluating two options to expand its butane isomerization facilities that would add up to 30,000 BPD of incremental capacity.
Jan 03, 2018 08:00 am ET
Enterprise Products to Expand Orla Natural Gas Processing Complex in West Texas
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the partnership plans to add 300 million cubic feet per day (“MMcf/d”) of incremental capacity at its cryogenic natural gas processing facility under construction near Orla, Texas in Reeves County. The addition of a third processing train at Orla would increase inlet volume capacity to 900 MMcf/d and allow Enterprise to expand its natural gas liquids (“NGL”) extraction capabilities by an incremental 40,000 barrels per day (“BPD”) to 120,000 BPD. The third processing train is expec
Jan 03, 2018 07:30 am ET
Alerian Announces Real-Time Launch of the Alerian Energy Infrastructure Capital Strength Select Index
DALLAS, Jan. 3, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Energy Infrastructure Capital Strength Select Index, a composite of North American midstream, refining, and utility companies chosen for their ownership of pipeline transportation assets, leverage profile, and above-market dividend payments. The index is disseminated real-time on a price-return basis (AMCS) and on a total-return basis (AMCST)....
Dec 14, 2017 05:31 pm ET
Enterprise to Implement Additional Crude Oil Quality Specifications at Cushing Terminal
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it will adopt five new quality specifications for sweet crude oil, also referred to as West Texas Intermediate (“WTI”) at its terminal in Cushing, Oklahoma. Enterprise’s Cushing terminal is a physical delivery point for NYMEX WTI futures.
Dec 06, 2017 07:00 am ET
Enterprise to Convert NGL Pipeline from Permian Basin to Crude Oil Service
Enterprise Products Partners L.P. (NYSE: EPD) today announced plans to convert one of its natural gas liquids (“NGL”) pipelines that transports NGLs from the Permian Basin to the Texas Gulf Coast to crude oil service. The conversion is expected to be completed in the first half of 2020. This pipeline conversion would provide the partnership with total crude oil pipeline capacity of over 650,000 barrels per day (“BPD”) from the Permian Basin to Enterprise’s crude oil hub in the Houston area.
Dec 04, 2017 05:00 pm ET
Enterprise Products to Participate in Investor Conferences
Enterprise Products Partners L.P. (NYSE: EPD) announced today it will participate in the following conferences in New York:
Dec 01, 2017 08:10 am ET
Detailed Research: Economic Perspectives on Enterprise Products Partners, Centene, Weyerhaeuser, Diamondback Energy, Green Plains, and Scripps Networks Interactive — What Drives Growth in Today's Comp
NEW YORK, Dec. 01, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Enterprise Products Partners L.P. (NYSE:EPD),...
Nov 21, 2017 01:06 pm ET
Enterprise Products among Most-Honored Companies in Institutional Investor’s 2018 All-America Executive Team
Enterprise Products Partners L.P. (NYSE:EPD) was among the most honored companies as recognized by Institutional Investor magazine’s 2018 All-America Executive Team rankings, and was one of only five companies that swept their respective sectors. The results of this year’s survey reflect the opinions of more than 4,000 buy-side and sell-side analysts at over 1,200 firms, marking the second year in a row that Enterprise has earned a sweep.
Nov 14, 2017 04:45 pm ET
Enterprise Products to Participate in RBC Capital Markets MLP Conference
Enterprise Products Partners L.P. (NYSE: EPD) announced today it is scheduled to participate in the RBC Capital Markets MLP Conference November 15–16 in Dallas, Texas.
Nov 02, 2017 06:15 am ET
Enterprise Reports Results for Third Quarter 2017
Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three and nine months ended September 30, 2017.
Nov 01, 2017 08:20 am ET
New Research: Key Drivers of Growth for Antares Pharma, Infinity Pharma, Inotek Pharma, Hostess Brands, Arconic, and Enterprise Products - A Look Behind the Scenes at Consolidated Results, Factors of
NEW YORK, Nov. 01, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Antares Pharma, Inc. (NASDAQ:ATRS), Infinity Pharmaceuticals,...
Oct 12, 2017 04:11 pm ET
Enterprise Declares Quarterly Distribution Increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to limited partners to $0.4225 per common unit, or $1.69 per unit on an annualized basis.
Aug 30, 2017 05:26 pm ET
Center Coast MLP & Infrastructure Fund (CEN) Statement on Hurricane Harvey
HOUSTON, Aug. 30, 2017 /PRNewswire/ -- Our thoughts and prayers are with all of those impacted by Hurricane and Tropical Storm Harvey.  We are fortunate to report that all Center Coast employees are safe and sound, and we have been operating at full capacity ever since Harvey hit the U.S. Gulf Coast and continue to do so.  If you need immediate assistance, please contact us at 713-759-1400 or refer to our website, http://www.centercoastcap.com, for more information....
Aug 09, 2016 10:30 am ET
Enterprise Products Partners President Randy Fowler Interviewed by Advisor Access
Enterprise Products Partners L.P. (NYSE: EPD) provides midstream energy services to producers and end users throughout the U.S. Enterprise's assets include 49,000 miles of natural gas, natural gas liquids (NGLs), crude oil, refined products, and...
Mar 21, 2016 01:52 pm ET
Alerian Announces Real-Time Launch of the Alerian Size Indices
DALLAS, March 21, 2016 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Size Indices, composed of the Alerian Large Cap MLP Index (AMLI), Alerian Mid Cap MLP Index (AMMI), and Alerian Small Cap MLP Index (AMSI). The three indices, which will be disseminated real-time on a price-return basis and on a total-return basis, will capture more than 99% of total energy Master Limited Partnership (MLP) market capitalization.  ...