Report
Stephen Ellis
EUR 100.00 For Business Accounts Only

Enterprise's 2Q Surge in NGL and Oil Volumes Reaffirms Export Leadership Opportunity

For all of the investor angst over the master limited partnership structure, Enterprise Products Partners' second quarter should be a pointed reminder that midstream fundamentals are very strong and Enterprise Products Partners remains best in class. The partnership reported a strong second quarter amid a significant surge in natural gas liquids and oil volumes and set a variety of operational and financial records. NGL volumes were up 11% to 3.4 million barrels per day, crude oil volumes increa...
Underlying
Enterprise Products Partners L.P.

Enterprise Products Partners is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The company's midstream energy operations include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and export and import terminals; crude oil gathering, transportation, storage, and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals, and related services; and a marine transportation business that operates primarily on the U.S. inland and Intracoastal Waterway systems.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Stephen Ellis

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