Leaders in Supply & Demand Side Intelligence

Forgot your login?

Enter the e-mail address you used when you registered an account with IIR Energy.

A message will be sent to the E-Mail Address found in our records containing the associated username(s) as well as instructions for a password reset.

E-Mail:
Also, what is 14 + 1?

Enterprise Products to Rein in Capex in Coming Years as Company Gains Ground in Petrochemicals

Enterprise Products to Rein in Capex in Coming Years as Company Gains Ground in Petrochemicals

SUGAR LAND--July 29, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream operator Enterprise Products Partners' (NYSE:EPD) (Houston, Texas) second-quarter net income held steady year-over-year, rising only slightly from last year to $1.1 billion in second-quarter 2021. While the company is planning more than $1 billion in growth capital expenditures (capex) this year, it plans to ramp this down in subsequent years. Although oil and gas transmission remains at the heart of Enterprise's business, the company is increasingly focusing on the petrochemical sector.