EPD » Topics » Page 9 - Diversified Business Mix

This excerpt taken from the EPD 8-K filed Aug 28, 2006.

Page 9 – Diversified Business Mix

Our business mix has become quite a bit more balanced over the years. A lot of that has to do with investing in new assets. Some of it has to do with the merger that we did with GulfTerra, or the acquisition of the Mid-America Seminole Pipelines back in 2002. But today about half of our gross operating margin comes from our NGL pipelines and services segment. That includes our NGL pipelines, our processing plants, the related marking activities, fractionation facilities, as well as our NGL storage facilities.


About 30% of our gross operating margin comes from our onshore natural gas pipelines and services. That’s our pipelines in the Permian and San Juan Basins in Texas, the Texas Intrastate System, the Acadian system in Louisiana, as well as our natural gas storage.


About 14% of our gross operating margin comes from our petrochemical segment. That includes our propylene fractionation business, our butane isomerization business, as well as our isooctane and octane enhancement business. Gil Radtke is going to talk about those businesses, which are pretty exciting in today’s market, really doing very, very well.


And last is our offshore pipelines and services. It today represents about 6% of our gross operating margin, but that’s poised to grow as we have more projects coming on stream, particularly the Independence Hub and Trail that we expect to come in the early part of 2007, a very exciting project that James Lytal is going to get into quite a bit more.


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki