| Business Summary | | Williams
Energy
Partners
L.
P.
was
formed
by
The
Williams
Companies,
Inc.
to
own,
operate
and
acquire
a
diversified
portfolio
of
complementary
energy
assets.
The
Company
is
principally
engaged
in
the
storage,
transportation
and
distribution
of
refined
petroleum
products
and
ammonia.
Its
asset
portfolio
currently
consists
of
four
petroleum
product
terminal
facilities
located
along
the
Gulf
Coast
and
near
the
New
York
harbor
(marine
terminals);
24
petroleum
product
terminals
(some
of
which
are
partially
owned)
located
principally
in
the
southeastern
United
States
(inland
terminals);
and
an
ammonia
pipeline
and
terminals
system
that
extends
approximately
1,100
miles
from
Texas
and
Oklahoma
to
Minnesota. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Williams
Energy
Parters
is
engaged
in
the
storage,
transportation
and
distribution
of
refined
petroleum
products
and
ammonia.
For
the
six
months
ended
6/30/01,
total
revenues
increased
15%
to
$41.9
million.
Net
income
totaled
$10.8
million,
up
from
$2.8
million.
Revenues
reflect
the
acquisition
of
the
New
Haven
facility.
Net
income
also
reflects
an
an
increase
in
utilization
and
an
increase
in
the
average
storage
revenue
rate. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Steven Malcolm, 52 | Chairman,
CEO | Phillip Wright, 45 | Pres,
COO, Director | Don Wellendorf, 48 | CFO,
Sr. VP, Treasurer, Director | Jay Wiese, 44 | VP,
Terminal Services and Devel. | Craig Rich, 50 | Gen.
Counsel |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|