Enterprise Products Partners
25 named things its latest annual report says its results depend on, each in the company's own words. 19 of them are also named by other companies we've read.
Customers
Occidental Petroleum Corporation
earns from · $581 millionIn August 2025, we acquired an affiliate of Occidental Petroleum Corporation (“Oxy”), which owns approximately 200 miles of natural gas gathering pipelines in the Midland Basin, in a debt-free transaction for $581 million in cash consideration.Business (Item 1)
Also named by WES
Partners and platforms
Other companies
EPCO
depends on · approximately 8,000 EPCO personnelnamed as a riskAs of February 1, 2026, there were approximately 8,000 EPCO personnel who spend all or a substantial portion of their time engaged in our business.Business (Item 1)
Places
Mont Belvieu, Texas
concentrated in · 169.5 MMBblsThis facility has an aggregate usable storage capacity of 169.5 MMBbls, a brine system with approximately 36 MMBbls of above-ground brine storage capacity and three wells used in brine production.Business (Item 1)
Enterprise Hydrocarbons Terminal (Houston Ship Channel)
operates in · approximately 835 MBPDThe current estimated maximum loading capacity for LPG at EHT is approximately 835 MBPD.Business (Item 1)
Native American tribal lands
subject tonamed as a riskOne or more of these factors may increase our cost of doing business on Native American tribal lands and impact the viability of, or prevent or delay our ability to conduct our operations on such lands.Risk factors (Item 1A)
Permian Basin
operates inThe Midland-to-ECHO System supports Permian Basin crude oil production by providing producers and other shippers with transportation solutions that are both cost-efficient and operationally flexible.Business (Item 1)
Also named by AESI, APA, ARLP, AROC, ATO, CRGY, CVX, DINO and 20 more
Hazards
U.S. Gulf Coast hurricanes
concentrated innamed as a riskThe location of our assets and our customers’ assets in the U.S. Gulf Coast region makes them particularly vulnerable to hurricane or tropical storm risk.Risk factors (Item 1A)
Louisiana and Texas coastal regions flooding
concentrated innamed as a riskFor example, our facilities that are located in low lying areas such as the coastal regions of Louisiana and Texas may be at increased risk due to flooding, rising sea levels, or disruption of operations from more frequent and severe weather events.Business (Item 1)
Russia-Ukraine war and Middle East conflicts
named as a riskSimilarly, foreign conflicts, including the ongoing war in Ukraine and related sanctions imposed on Russia and the ongoing conflicts in the Middle East may significantly disrupt supply chains for crude oil, natural gas and hydrocarbon products.Risk factors (Item 1A)
Commodities and inputs
Henry Hub natural gas
exposed to its price · high of $5.29 per MMBtu to a low of $1.58 per MMBtunamed as a riskNatural gas prices (based on Henry Hub as measured by the NYMEX) ranged from a high of $5.29 per MMBtu to a low of $1.58 per MMBtu over the three-year period ended December 31, 2025.Risk factors (Item 1A)
Also named by AM, AR, ATI, BSM, BTU, CNX, CRGY, DVN and 13 more
WTI crude oil
exposed to its price · high of $93.68 per barrel to a low of $55.27 per barrelnamed as a riskFor example, crude oil prices (based on WTI as measured by the NYMEX) ranged from a high of $93.68 per barrel to a low of $55.27 per barrel in the three-year period ended December 31, 2025.Risk factors (Item 1A)
Also named by AR, CHRD, CRGY, EQT, FANG, KRP, OXY, PAA and 4 more
Steel
depends onnamed as a riskWhile our practice is to source steel through domestic producers in the U.S. in most instances, any imposition of or increase in tariffs on imports of steel or other materials, as well as corresponding price increases for such materials available domestically, could increase our construction costs and our costs to maintain our assets.Risk factors (Item 1A)
Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more
Natural gas liquids (NGLs)
exposed to its pricenamed as a riskA decrease in natural gas and NGL prices can result in lower margins from these contracts, which could have a material adverse effect on our financial position, results of operations and cash flows.Risk factors (Item 1A)
Also named by AM, APA, AR, CHRD, CNX, CRGY, DOW, DVN and 17 more
Regulators
Pipeline and Hazardous Materials Safety Administration (PHMSA)
subject to · $144 millionnamed as a riskIn total, our pipeline integrity costs for the years ended December 31, 2025, 2024 and 2023 were $144 million, $126 million and $104 million, respectively.Risk factors (Item 1A)
Also named by AM, ATO, BKH, CHRD, CNX, CP, CRC, CRGY and 29 more
Laws and programs
FERC oil pipeline index (PPI-based Index Level)
subject to · PPI plus 0.78%named as a riskOn December 17, 2020, FERC issued a final rule setting the Index Level for the five-year period ending June 30, 2026 at PPI plus 0.78% (“December 2020 Order”).Business (Item 1)
U.S. tariffs
subject tonamed as a riskOur business and results of operations may be adversely affected by uncertainty and changes in U.S. trade policies, including tariffs, trade agreements or other trade restrictions imposed by the U.S. or other governments.Risk factors (Item 1A)
Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more
Dodd-Frank Act
subject tonamed as a riskSeveral of these requirements, including position limits rules, allow the CFTC to impose controls that could have an adverse impact on our ability to hedge risks associated with our business and could increase our working capital requirements to conduct these activities.Risk factors (Item 1A)
Also named by AFL, AN, BGC, CNX, CPAY, EQT, FITB, GS and 14 more
Hydraulic fracturing regulation
subject tonamed as a riskIf these legislative and regulatory initiatives cause a material decrease in the drilling of new wells and related servicing activities, it may affect the volume of hydrocarbon products available to our midstream businesses and have a material adverse effect on our financial position, results of operations and cash flows.Risk factors (Item 1A)
Also named by AESI, AGX, AM, COP, CVX, DTM, EXE, HESM and 7 more
Jones Act
subject tonamed as a riskIf we do not comply with such requirements, we would be prohibited from operating our vessels in U.S. coastwise trade, and under certain circumstances we would be deemed to have undertaken an unapproved foreign transfer, resulting in severe penalties, including permanent loss of U.S. coastwise trading rights for our vessels, fines or forfeiture of the vessels.Business (Item 1)
Interstate Commerce Act
subject tonamed as a riskThe FERC regulates interstate transportation services provided by our liquids pipelines under the ICA.Risk factors (Item 1A)
Natural Gas Policy Act Section 311
subject tonamed as a riskCertain of our intrastate natural gas pipelines, including the Texas Intrastate System and Acadian Gas System, are subject to regulation by the FERC under the Natural Gas Policy Act of 1978 (“NGPA”), in connection with the transportation and storage services they provide pursuant to Section 311 of the NGPA.Business (Item 1)
Partnership federal income tax treatment (qualifying income)
subject tonamed as a riskFailing to meet the qualifying income requirement or a change in current law could cause us to be treated as a corporation for federal income tax purposes or otherwise subject us to taxation as an entity.Risk factors (Item 1A)
Sea Port Oil Terminal (SPOT) deepwater port license
In April 2024, we received the deepwater port license for SPOT from the U.S. Department of Transportation’s Maritime Administration.Business (Item 1)