| Business Summary | | El
Paso
Energy
Partners,
L.P.,
formed
in
1993,
provides
midstream
energy
services,
both
onshore
and
offshore
in
the
Gulf
of
Mexico,
including
gathering,
transportation,
storage
and
other
related
services,
for
producers
of
natural
gas
and
oil.
Through
December
31,
2000,
the
Company's
subsidiaries
and
joint
ventures
owned
or
had
interests
in
12
natural
gas
and
oil
pipeline
systems,
seven
offshore
platforms,
five
producing
oil
and
natural
gas
properties,
one
non-producing
oil
and
natural
gas
property
and
two
natural
gas
storage
facilities
in
Mississippi.
The
Company
segregates
its
business
activities
into
three
segments:
Gathering,
Transportation
and
Platform
Services,
Oil
and
Natural
Gas
Production
and
Gas
Storage
Services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EPN
provides
midstream
energy
services,
both
onshore
and
offshore
in
the
Gulf
of
Mexico,
including
gathering,
transportation,
storage
and
other
related
services,
for
producers
of
natural
gas
and
oil.
For
the
six
months
ended
6/30/01,
revenues
rose
from
$45.8
million
to
$99.5
million.
Net
income
applicable
to
Ltd.
Partners
increased
57%
to
$5.4
million.
Results
reflect
increased
Gathering,
Transport.
and
Platform
revenues
partially
offset
by
an
$11.3
million
loss
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William Wise, 54 | Chairman | Robert Phillips, 45 | CEO,
Director | James Lytal, 42 | Pres,
Director | Keith Forman, 41 | CFO,
Director | H. Austin, 45 | Director
and Exec. VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|