ENTERPRISE PRODUCTS PARTNERS


Associated tags: Natural gas, Transport, NGL, Partner, Atlas, Oil, Energy, Gas, EPD, Other Energy, NYSE, Enterprise Products, Petroleum, Utilities, Security (finance), Maritime

Locations: ENTERPRISE, CALIFORNIA, NEVADA, NEW YORK, WALL STREET, META, III, TD, USA, UNITED STATES, NORTH AMERICA, TEXAS, OYSTER CREEK, DELAWARE, MENTONE

Enterprise Receives Deepwater Port License for Spot Project

Retrieved on: 
Tuesday, April 9, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that it has received the deepwater port license for the Sea Port Oil Terminal (“SPOT”) from the United States Maritime Administration (“MARAD”), an agency within the federal Department of Transportation.
  • The license enables Enterprise to move forward to the next step in developing the offshore terminal capable of loading 2 million barrels per day (“BPD”) of crude oil.
  • “I would like to congratulate the entire Enterprise team, which demonstrated outstanding technical skills, dedication and perseverance over the past five years, allowing us to receive this license,” said A.J.
  • The SPOT platform would also serve as a reef, supporting marine life.”
    MARAD and U.S. Coast Guard led the comprehensive, four-year environmental review of this project.

Enterprise Declares Quarterly Distribution

Retrieved on: 
Friday, April 5, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the first quarter of 2024 of $0.515 per unit, or $2.06 per unit on an annualized basis.
  • The quarterly distribution will be paid Tuesday, May 14, 2024, to common unitholders of record as of the close of business Tuesday, April 30, 2024.
  • This distribution represents a 5.1 percent increase over the distribution declared with respect to the first quarter of 2023.
  • Enterprise repurchased $40 million of its common units in the open market during the first quarter of 2024.

Enterprise to Build New Natural Gas Processing Plant in the Delaware Basin; Announces Start of Service on Mentone 3 and Leonidas

Retrieved on: 
Wednesday, April 3, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with construction of the Mentone West 2 plant in the Delaware Basin.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with construction of the Mentone West 2 plant in the Delaware Basin.
  • Elsewhere in the Delaware Basin, Enterprise has begun service on its Mentone 3 natural gas processing plant, which is also capable of processing over 300 MMcf/d of natural gas and extracting more than 40,000 BPD of NGLs.
  • Construction of the Mentone West 1 plant, formerly known as Mentone 4, is on schedule and projected to begin service in the second half of 2025.
  • In the Midland Basin, Enterprise announced today that the company’s Leonidas natural gas processing plant in Midland County, Texas has begun service, and construction of the Orion natural gas processing facility is proceeding on schedule with service expected to begin in the second half of 2025.

Enterprise to Host Investor and Analyst Call

Retrieved on: 
Monday, April 1, 2024

Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host an investor and securities analyst call on Wednesday, April 3, 2024 at 9:00 a.m. CDT.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) announced today that it will host an investor and securities analyst call on Wednesday, April 3, 2024 at 9:00 a.m. CDT.
  • The event will be webcast live via the internet and may be accessed along with accompanying slides on Enterprise’s website at www.enterpriseproducts.com .
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
  • The partnership’s assets currently include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity.

Enterprise 2023 Schedule K-1 Tax Packages Now Available

Retrieved on: 
Tuesday, March 12, 2024

Enterprise Products Partners L.P. (NYSE: EPD) announced today that its 2023 tax packages, including schedule K-1s, are now available online.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) announced today that its 2023 tax packages, including schedule K-1s, are now available online.
  • Information reported on these tax packages could be subject to change given potential retroactive changes in tax law that are still being considered by Congress and the Biden administration.
  • The 2023 tax packages may be accessed through the K-1 Tax Package Support website, www.
  • The partnership expects to begin mailing the 2023 tax packages Wednesday, March 13, 2024 and complete mailing by Thursday, March 21, 2024.

Enterprise Begins Initial Service on TW Products System

Retrieved on: 
Thursday, March 7, 2024

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20240307497958/en/
    Enterprise's Hobbs TW Products terminal is located in Gaines County, Texas.
  • (Photo: Business Wire)
    “Once completed, the TW Products System will provide supply reliability and diversity to the historically underserved gasoline and diesel markets in the southwest United States,” said A.J.
  • Utilizing a batched delivery system will give the company the ability to continue transporting mixed NGLs and NGL purity products in addition to gasoline and diesel.

Enterprise to Participate in Investor Conferences

Retrieved on: 
Monday, March 4, 2024

The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.

Key Points: 
  • The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
  • Please visit www.enterpriseproducts.com for more information.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240304414255/en/

Enterprise Products Partners L.P. 2023 Letter to Investors Now Available

Retrieved on: 
Friday, March 1, 2024

Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has published the partnership’s 2023 Letter to Investors.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) today announced that it has published the partnership’s 2023 Letter to Investors.
  • The letter is available on the Enterprise website at www.enterpriseproducts.com .
  • Hard copies of the letter may be requested free of charge at https://ir.enterpriseproducts.com/notifications-requests .
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.

Enterprise Products Partners L.P. 2023 Form 10-K Now Available

Retrieved on: 
Wednesday, February 28, 2024

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, 2023 with the Securities and Exchange Commission.

Key Points: 
  • 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, 2023 with the Securities and Exchange Commission.
  • The report is available on the Enterprise website at www.enterpriseproducts.com .
  • Hard copies of the report may be requested free of charge at https://ir.enterpriseproducts.com/notifications-requests .
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.