Duncan Energy Partners L.P. · Houston, TX United States ·(NYSE: DEP)
Company Description
View Duncan Energy Partners L.P. Locations On A US Map
This link will open in a new window
This link will open in a new window Duncan Energy Partners (DEP) goes deep and wide to make its money. The company, a spinoff from Enterprise Products Partners , finds, stores, and transports natural gas and other petrochemicals. Its operations include Mont Belvieu Caverns (33 salt-dome storage "tanks" with a 100-million-barrel capacity), the 1,000-mile-long Acadian Gas pipeline in Louisiana, propylene pipelines between Texas and Louisiana, and a 297-mile-long intrastate natural gas liquids (NGLs) pipeline. Exxon Mobil accounts for about 10% of DEP's revenues. In 2008 the company greatly boosted its assets, acquiring stakes in three midstream energy companies from its parent for $730 million. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Duncan Energy Partners L.P. Financials
| Company Type | Public - NYSE: DEP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,598.1 |
Duncan Energy Partners L.P. Executives
11 executives listed for Duncan Energy Partners L.P.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman | Dan Duncan | Network |
| President, CEO, and Director | Richard Bachmann | Network |
| EVP, CFO, and Director | W. Randall Fowler | Network |
Competition
Competitive Landscape for Duncan Energy Partners L.P.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Duncan Energy Partners L.P. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!