OverviewSuggest Edit

Enterprise Products Partners is a company providing midstream energy services. It serves producers and consumers of natural gas, crude oil, petrochemicals, natural gas liquids, and refined products. It offers natural gas gathering, treating, processing, transportation, and storage, NGL (natural gas liquids) transportation, fractionation, storage, and crude oil gathering, transportation, storage, and terminals. The company is also engaged in the petrochemical and refined products transportation and storage, as well as marine transportation business.

TypePublic
Founded1968
HQHouston, TX, US
Websiteenterpriseproducts.com
Employee Ratings4
Overall CultureC-

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2021)7,130(-2%)
Job Openings131
Revenue (FY, 2020)$27.2 B(-17%)
Share Price (Nov 2021)$23.3(+2%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Enterprise Products Partners

Randall Fowler

Randall Fowler

Director, Co-Chief Executive Officer and Chief Financial Officer
Brent B. Secrest

Brent B. Secrest

Executive Vice President and Chief Commercial Officer
Harry P. Weitzel

Harry P. Weitzel

Director and Senior Vice President, General Counsel and Secretary
Daniel Boss

Daniel Boss

Executive VP-Accounting, Risk Control and Information Technology
Christian M. Nelly

Christian M. Nelly

Executive Vice President-Finance and Sustainability and Treasurer
Anthony Chovanec

Anthony Chovanec

Senior Vice President
Show more

Enterprise Products Partners Office Locations

Enterprise Products Partners has offices in Houston, Baytown, Breaux Bridge, Bryan and in 7 other locations
Houston, TX, US (HQ)
Enterprise Plaza, 1100 Louisiana St
Baytown, TX, US
4515 W Baker Rd
Breaux Bridge, LA, US
350 W Mills Ave building g
Bryan, TX, US
1720 N Harvey Mitchell Pkwy
Corpus Christi, TX, US
4000 Agnes St
Hobbs, NM, US
4211 S Telephone Pole Rd
Show all (11)

Enterprise Products Partners Financials and Metrics

Enterprise Products Partners Revenue

Embed Graph
View revenue for all periods
Enterprise Products Partners's revenue was reported to be $27.2 b in FY, 2020 which is a 17% decrease from the previous period.
USD

Revenue (Q1, 2021)

9.2b

Gross profit (Q1, 2021)

2.9b

Gross profit margin (Q1, 2021), %

31.6%

Net income (Q1, 2021)

1.4b

EBIT (Q1, 2021)

1.7b

Market capitalization (12-Nov-2021)

49.9b

Closing stock price (12-Nov-2021)

23.3

Cash (31-Mar-2021)

229.4m

EV

78.4b
Enterprise Products Partners's current market capitalization is $49.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

36.5b32.8b27.2b

Revenue growth, %

25%(10%)(17%)

Cost of goods sold

26.8b22.1b16.7b

Gross profit

9.7b10.7b10.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

8.5b8.3b8.0b7.5b5.8b6.9b9.2b

Cost of goods sold

5.8b5.6b5.3b4.8b3.2b4.3b6.3b

Gross profit

2.7b2.7b2.7b2.7b2.6b2.6b2.9b

Gross profit Margin, %

32%32%34%36%44%38%32%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

344.8m334.7m1.1b

Accounts Receivable

3.7b4.9b4.8b

Prepaid Expenses

311.5m358.2m411.0m

Inventories

1.5b2.1b3.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

99.3m107.3m1.2b2.0b1.3b1.0b229.4m

Accounts Receivable

4.3b3.8b4.3b3.3b2.9b3.8b5.8b

Prepaid Expenses

421.3m567.9m631.6m403.2m535.6m556.4m436.5m

Inventories

1.7b1.6b1.6b1.5b2.0b3.2b3.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

4.2b4.7b3.9b

Depreciation and Amortization

1.8b1.9b2.1b

Inventories

121.4m(558.0m)(1.4b)

Accounts Payable

18.3m(43.9m)11.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

1.3b2.5b3.6b1.4b2.4b3.5b1.4b

Depreciation and Amortization

474.5m963.1m1.5b509.0m1.0b1.5b425.4m

Inventories

(84.5m)(56.4m)(44.2m)507.7m161.4m(1.1b)(95.7m)

Accounts Payable

(35.7m)60.0m(55.4m)22.4m81.9m147.0m83.5m
USDFY, 2018

EV/EBIT

14.7 x

EV/CFO

13 x

EV/FCF

41.8 x

Revenue/Employee

5.4m

Debt/Equity

1.1 x

Debt/Assets

0.5 x

Financial Leverage

2.3 x

P/E Ratio

12.9
Show all financial metrics

Enterprise Products Partners Operating Metrics

FY, 2018FY, 2019FY, 2020

Pipelines Network, miles

49.2 k50 k

Pipelines (Natural Gas Liquids Pipelines & Services), miles

19.2 k19.9 k19.91 k

Pipelines (Crude Oil Pipelines Pipelines & Services), miles

5.3 k5.3 k5.9 k

Pipelines (Natural Gas Pipelines & Services), miles

19.7 k19.4 k19.52 k
Show all operating metrics

Enterprise Products Partners Acquisitions / Subsidiaries

Company NameDateDeal Size
EFS Midstream LLCJune 01, 2015$2.2 b
Oiltanking PartnersOctober 10, 2014
Duncan Energy Partners L.P.September 07, 2011
Rio Grande Pipeline Company LLCDecember 01, 2009
TEPPCO PartnersJune 29, 2009$3.3 b
Dixie Pipeline Company LLCFebruary 28, 2005
Seminole Pipeline Company LLCAugust 01, 2002
Acadian GasSeptember 26, 2000$226 m
Acadian Gas Pipeline System
Adamana Land Company
Show more

Enterprise Products Partners Revenue Breakdown

Embed Graph

Enterprise Products Partners revenue breakdown by business segment: 41.1% from NGL Pipelines & Services, 24.9% from Petrochemical & Refined Products Services, 9.4% from Natural Gas Pipelines & Services and 24.6% from Crude Oil Pipelines & Services

Human Capital Metrics

Embed Graph
Show all human capital metrics

Enterprise Products Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Enterprise Products Partners Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Enterprise Products Partners Online and Social Media Presence

Embed Graph

Enterprise Products Partners Company Culture

  • Overall Culture

    C-

    66/100

  • CEO Rating

    C-

    67/100

  • Compensation

    A-

    87/100

Learn more on Comparably

Enterprise Products Partners News and Updates

Enterprise Products Partners co-CEO Jim Teague Interviewed by Advisor Access

Focus on Midstream Fundamentals to Meet Changing Global Needs Focus on Midstream Fundamentals to Meet Changing Global Needs

Enterprise to Participate in Annual EIC Investor Conference

Enterprise Products Partners L.P. (NYSE: EPD) announced today it will host investor meetings at the Energy Infrastructure Council (“EIC”) Investor Conference Tuesday, May 18, 2021 through Thursday, May 20, 2021 in Las Vegas.

Enterprise Reports First Quarter 2021 Earnings

Enterprise Products Partners L.P. (“Enterprise”) (NYSE: EPD) today announced its financial results for the three months ended March 31, 2021

Enterprise Declares Quarterly Distribution

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the first quarter of 2021 of $0.45 per unit, or $1.80 per …

Edf Renewables North America Signs Virtual Power Purchase Agreement With Enterprise Products for Solar Energy

EDF Renewables North America today announced a power purchase agreement for the second tranche of the Space City Solar Project with an affiliate of Enterprise Products Partners L.P. (NYSE: EPD) for 100 MWac / 132 MWdc. The Project’s total capacity is up to 345 MWac / 455 MWdc. Space City Solar, loca…

Enterprise Products Partners plans new Permian crude pipeline

Enterprise Products Partners LP said it has filed permits to construct another crude pipeline out of Midland, Texas, in the Permian basin to Houston after receiving "serious interest" from customers:
Show more

Enterprise Products Partners Frequently Asked Questions

  • When was Enterprise Products Partners founded?

    Enterprise Products Partners was founded in 1968.

  • Who are Enterprise Products Partners key executives?

    Enterprise Products Partners's key executives are Randall Fowler, Brent B. Secrest and Harry P. Weitzel.

  • How many employees does Enterprise Products Partners have?

    Enterprise Products Partners has 7,130 employees.

  • What is Enterprise Products Partners revenue?

    Latest Enterprise Products Partners annual revenue is $27.2 b.

  • What is Enterprise Products Partners revenue per employee?

    Latest Enterprise Products Partners revenue per employee is $3.8 m.

  • Who are Enterprise Products Partners competitors?

    Competitors of Enterprise Products Partners include EnLink Midstream, Enbridge and Kinder Morgan.

  • Where is Enterprise Products Partners headquarters?

    Enterprise Products Partners headquarters is located at Enterprise Plaza, 1100 Louisiana St, Houston.

  • Where are Enterprise Products Partners offices?

    Enterprise Products Partners has offices in Houston, Baytown, Breaux Bridge, Bryan and in 7 other locations.

  • How many offices does Enterprise Products Partners have?

    Enterprise Products Partners has 11 offices.