Duncan Energy Partners L.P. (NYSE:DEP)
Industry: Basic Materials
Duncan Energy Partners L.P. engages in gathering, transporting, marketing, and storing natural gas, as well as in transporting and storing natural gas liquids (NGLs) and petrochemicals in the United States. It operates in three segments: Natural Gas Pipelines & Services, NGL Pipelines & Services, and Petrochemical Services. The Natural Gas Pipelines & Services segment includes approximately 9,400 miles of onshore natural gas pipeline systems that provide for the gathering and transportation of natural gas in Louisiana and Texas. It also leases natural gas storage facilities located in Texas and Louisiana. This segments related natural gas marketing activities include the sale and delivery of natural gas obtained from third-party well-head purchases, regional natural gas processing plants, and the open market. The NGL Pipelines & Services segment comprise a NGL and related product storage facility located in Mont Belvieu, Texas and its South Texas NGL System that connects its Mont Belvieu storage complex to midstream energy infrastructure located in south Texas. Its NGL pipelines transport mixed NGLs from natural gas processing facilities and refineries to NGL fractionation plants and storage facilities; and distribute to petrochemical plants and refineries. The Petrochemical Services segment comprises the operations of its Lou-Tex Propylene Pipeline and Sabine Propylene Pipeline, which provide polymer-grade and chemical-grade propylene transportation services in Texas and Louisiana. DEP Holdings, LLC serves as the general partner of the company. Duncan Energy Partners L.P. was founded in 2006 and is based in Houston, Texas.
As Of: 11/08 00:00 ET
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