Enterprise Products Pursues Projects Across the Midstream Spectrum
Enterprise Products Pursues Projects Across the Midstream Spectrum
May 3, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) provides a good example of how U.S. pipeline operators are shifting away more from the large pipeline projects that dominated previous activity and toward other midstream facilities, such as export terminals and natural gas processing plants. Earlier this year, Enterprise announced several projects that it intends to kick off soon to the tune of $1.5 billion to $2 billion in annual capital spending.
In a Monday conference call with analysts, Co-Chief Executive Officer Jim Teague discussed the movement of these and other projects.
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