| Business Summary | | Enterprise
Products
Partners,
L.P.
is
an
integrated
North
American
provider
of
natural
gas
processing
and
natural
gas
liquids
(NGL)
fractionation,
transportation
and
storage
services
to
NGL
producers
and
NGL-product
consumers.
The
Company
is
a
limited
partnership
that
conducts
substantially
all
of
its
business
through
Enterprise
Products
Operating
L.P.
(the
Operating
Partnership),
the
Operating
Partnership's
subsidiaries
and
a
number
of
joint
ventures
with
industry
partners.
The
Company's
NGL
operations
are
concentrated
in
the
Texas,
Louisiana,
and
Mississippi
Gulf
Coast
area.
A
large
portion
is
concentrated
in
Mont
Belvieu,
Texas,
which
is
the
hub
of
the
domestic
NGL
industry
and
is
adjacent
to
a
large
concentration
of
refineries
and
petrochemical
plants.
The
Company's
operations
are
segregated
into
five
business
segments.
These
segments
are
Fractionation,
Pipeline,
Processing,
Octane
Enhancement
and
Other. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Enterprise
Products
Partners,
L.P.
is
an
integrated
provider
of
processing
and
transportation
services
to
producers
of
natural
gas
liquids
(NGLs)
and
consumers
of
NGL
products.
For
the
six
months
ended
6/30/01,
revenues
rose
33%
to
$1.81
billion.
Net
income
allocated
to
Limited
Partners
rose
26%
to
$142.9
million.
Revenues
reflect
an
increase
in
natural
gas
prices.
Earnings
were
partially
offset
by
lower
operating
margins
and
increased
interest
expense. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Dan Duncan, 68 | Chairman | O. Andras, 65 | Pres,
CEO, Director | Michael Creel, 47 | CFO,
Exec. VP, and Pres and COO of Natural Gas Division | Richard Bachmann, 48 | Exec.
VP, Sec., Director. CLO | Wiliam Ray, 65 | Exec.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|