Enterprise Products Partners LP company profile
- CEO
- W. Randall Fowler
- Employees
- 8,000
- Headquarters
- 1100 Louisiana Street, Houston, TX 77002, US
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- IPO date
- 28 Jul 1998
- Stock exchange
- NYSE
- ISIN
- US2937921078
Website:enterpriseproducts.com
About the company
Enterprise Products Partners L.P. delivers essential midstream energy services, connecting both producers and consumers of diverse commodities such as natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Its operations are structured across four distinct business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services division focuses on natural gas processing and associated NGL marketing. This segment oversees 19 natural gas processing facilities situated across Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming. Furthermore, it manages an extensive network of NGL pipelines, fractionation plants, storage sites for NGLs and related products, and NGL marine export/import terminals. Within the Crude Oil Pipelines & Services segment, the company manages crude oil pipelines, along with storage and marine terminals. A notable asset in this segment is its fleet of 255 tractor-trailer tank trucks, crucial for crude oil transportation. It also actively participates in crude oil marketing. The Natural Gas Pipelines & Services segment is dedicated to the gathering, treatment, and transmission of natural gas through its pipeline systems. This includes leasing underground salt dome natural gas storage facilities in Napoleonville, Louisiana, and owning a similar underground salt dome storage cavern in Wharton County, Texas. Natural gas marketing also forms part of its activities. Finally, the Petrochemical & Refined Products Services segment handles propylene fractionation and related marketing efforts. Its capabilities extend to butane isomerization complexes and associated deisobutanizer operations, as well as facilities for octane enhancement and the production of high-purity isobutylene. This segment additionally operates refined products pipelines and terminals, and ethylene export terminals, complementing these with refined products marketing and marine transportation solutions. Established in 1968, Enterprise Products Partners L.P. maintains its corporate headquarters in Houston, Texas.
Employees
Enterprise Products Partners LP had about 8,000 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 2.6% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Enterprise Products Partners LP
Institutions such as funds, banks and insurers held 24.8% of Enterprise Products Partners LP's shares on 30 June 2026, 1,621 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Enterprise Products Partners LP pays its executives
The chief executive was paid 10.42M USD for fiscal 2021, 50% of it in shares and options.
| Name and position | Salary | Bonus | Stock awards | Other pay | Total pay |
|---|---|---|---|---|---|
| A. James Teague, Co-CEO | 987.50K USD | 3.20M USD | 5.20M USD | 1.03M USD | 10.42M USD |
| W. Randall Fowler, Co-CEO and CFO | 731.25K USD | 2.40M USD | 3.90M USD | 753.39K USD | 7.78M USD |
| Graham W. Bacon, Executive Vice President and Chief Operating Officer | 524.00K USD | 750.00K USD | 1.98M USD | 457.63K USD | 3.71M USD |
| Brent B. Secrest, Executive Vice President and Chief Commercial Officer | 484.00K USD | 700.00K USD | 1.98M USD | 397.51K USD | 3.56M USD |
| Christian M. Nelly, Executive Vice President – Finance and Sustainability and Treasurer | 361.97K USD | 414.38K USD | 1.66M USD | 260.95K USD | 2.70M USD |
FY2021 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Enterprise Products Partners LP
Source: Financial Modeling PrepVerified against SEC filings
