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Enterprise Products Partners LP (EPD.N)

EPD.N on New York Stock Exchange

28.86USD
17 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Enterprise Products Partners LP announces quarterly distribution
Monday, 4 Jan 2016 07:00am EST 

Enterprise Products Partners LP:Says increase in the quarterly cash distribution paid to partners to $0.39 per common unit.Quarterly distribution will be paid on Feb. 5 to unitholders of record as of the close of business on Jan. 29.  Full Article

Enterprise Products Partners L.P contracts its export of U.S. Crude Oil
Wednesday, 23 Dec 2015 10:21am EST 

Enterprise Products Partners L.P:Agreed to provide pipeline,marine terminal services to load first export of crude oil produced in the United States.600,000 barrel cargo of domestic light crude oil is scheduled to load during the first week of January 2016.Rpt-enterprise products partners - agreed to provide pipeline,marine terminal services to load first export of crude oil produced in the united states.600000 barrel cargo of crude oil scheduled to load at enterprise hydrocarbon terminal on Houston ship channel.  Full Article

Enterprise Products Partners LP reports leak on 12-inch pipeline in Texas - Reuters
Wednesday, 25 Nov 2015 06:58am EST 

Enterprise Products Partners LP:Enterprise Products Partners reported that a section of the 12-inch China Lake lateral pipeline was isolated after a leak at Ward County, Texas, on Tuesday morning, according to a filing with state pollution regulators - RTRS.The company, which operates 49,000 miles of pipelines in North America, transporting natural gas, NGL, crude oil, refined products and petrochemicals, reported that it started notifying companies to shut in their production due to repairs on the isolated section of the line - RTRS.The filing made public on Wednesday did not specify what the pipeline carries or its capacity - RTRS.  Full Article

Enterprise Products Partners LP signs additional long-term contracts for LPG export capacity
Monday, 16 Nov 2015 07:30am EST 

Enterprise Products Partners LP:Signs additional long-term contracts for LPG export capacity.Executed additional long-term contracts to export about 125 million aggregate barrels of liquefied petroleum gas.Additional long-term contracts over a seven-year period from its terminal along the Houston ship channel.With volume of agreements,co's lpg export facility now over 90% subscribed,in terms of estimated operating capacity,through 2019.  Full Article

Enterprise Products Partners LP to sell offshore Gulf of Mexico business to Genesis Energy LP
Thursday, 16 Jul 2015 06:32am EDT 

Enterprise Products Partners LP:To sell offshore Gulf of Mexico business to Genesis Energy LP.Expects to record non-cash asset impairment and related charges of about $100 million.Says the company's offshore assets include its ownership interest in nine crude oil pipeline systems.Expects to record non-cash asset impairment, related charges of $0.05 per common unit on a fully-diluted basis.Says non-cash charges will be reflected in enterprise's consolidated results for three and six months ended June 30.Says plan to redeploy proceeds from sale into growth opportunities that would extend, expand integrated midstream system.Proceeds from sale eliminates co's need for equity capital for remainder of 2015 based on current expectations Rpt-enterprise products partners-expects to record non-cash asset impairment and related charges of about $100 million.  Full Article

Enterprise Products increases quarterly distribution by 5.6 pct
Tuesday, 7 Jul 2015 08:00am EDT 

Enterprise Products Partners LP:Enterprise declares distribution; 44th consecutive quarterly distribution increase.Board of general partner declared increase in the quarterly cash distribution paid to partners to $0.38 per common unit.Says distribution represents 5.6 percent increase over distribution declared with respect to Q2 of 2014.  Full Article

Enterprise Products Partners LP announces acquisition of Eagle Ford Midstream Assets
Monday, 1 Jun 2015 08:49am EDT 

Enterprise Products Partners LP:Enterprise announces acquisition of Eagle Ford Midstream Assets.Deal for $2.15 bln.Says final installment of $1.0 bln paid no later than the first anniversary of the closing date.Purchase price will be paid in two installments with the first installment of $1.15 billion paid at closing.Expect the transaction to be immediately accretive to distributable cash flow.Pioneer,reliance joint development will dedicate Eagle Ford shale acreage to enterprise under 20-year gathering agreement.Says transaction is expected to close in the third quarter of 2015.To purchase all member interests in efs midstream llc from affiliates of Pioneer Natural Resources Reliance Industries.  Full Article

Enterprise Products Partners declares quarterly distribution increase
Wednesday, 8 Apr 2015 04:30pm EDT 

Enterprise Products Partners:Declares an increase in the quarterly cash distribution paid to partners to $0.375 per common unit, or $1.50 per unit on an annualized basis.Payable on May 7 to unitholders of record as of the close of business on April 30.Says this distribution represents a 5.6 percent increase.  Full Article

Enterprise Products Partners announces change in management
Monday, 30 Mar 2015 04:30pm EDT 

Enterprise Products Partners:Reported that Michael A. Creel, chief executive officer of Enterprise's general partner, has announced his intention to retire as of Dec. 31.A.J. Jim Teague, Enterprise's chief operating officer, has been elected to succeed Creel as CEO.Bryan F. Bulawa has been elected senior vice president and chief financial officer effective as of April 1.  Full Article

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Seaway Crude Pipeline resumes service in Texas

Seaway Crude Pipeline Co LLC said on Sunday it had completed the necessary repairs and resumed service on its 30-inch (76 cm) diameter pipeline that was struck by a third-party contractor in Collin County, Texas on Jan. 30.