Business Analysis of Enterprise Products Partners

 Analyze Historical Performance, Strategic Priorities, And Business Improvement Opportunities of Enterprise Products Partners

ENTERPRISE PRODUCTS PARTNERS

Business Overview

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services segments. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services, as well as NGL export docks and related services. It operates approximately 19,670 miles of NGL pipelines; NGL and related product storage facilities; 15 NGL fractionators; and a liquefied petroleum gas and ethane export terminals, and related operations. The Crude Oil Pipelines & Services segment operates approximately 5,400 miles of crude oil pipelines and related operations; and crude oil storage and marine terminals located in Oklahoma and Texas, as well as a fleet of 440 tractor-trailer tank trucks used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates approximately 19,120 miles of natural gas pipeline systems to gather and transport natural gas in Colorado, Louisiana, New Mexico, Texas, and Wyoming. It leases underground salt dome natural gas storage facilities in Texas and Louisiana; owns an underground salt dome storage cavern in Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related operations, including 686 miles of pipelines; butane isomerization complex, associated deisobutanizer units, and related pipeline assets; and octane enhancement and high purity isobutylene production facilities. It also operates approximately 4,250 miles of refined products pipelines; and terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is based in Houston, Texas.

Enterprise Products Partners

Enterprise Products Partners


R&P Rank: 118
Sector: Oil & Gas
Industry:Oil & Gas Distribution
H.Q Location:Texas
Website: www.enterpriseproducts.com
Company Address:
1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Ph:713-381-6500

Business Analysis of Enterprise Products Partners

The Oil & Gas Sector is witnessing a major shakeup, new age business models in the industry are transforming both customers and businesses. Faced with this uncertainity, companies are investing resources to transform their business. An in-depth business analysis is a valuable resource to identify and articulate the need for a business model change. At R&P Research we believe, the starting point for a business analysis is Benchmarking. Business benchmarking can be done at various levels: 1) Industry Benchmarking 2) Peer Benchmarking 3) Disruptors Benchmarking. In this report, we share the snapshot of how Enterprise Products Partners compares against the industry on the major performance indicators. This analysis, along with peer group/disruptors benchmarking and revenue model understanding can help identify growth and cost optimization opportunities to maximize the value delivered by Enterprise Products Partners to its stakeholders. R&P Research Industry Intelligence Platform provides historical data for last 15 years with an easy to use benchmarking interface for an in-depth comparative business analysis.

Here is the performance snapshot of Enterprise Products Partners with an interactive chart.

  1. Revenue Growth: Enterprise Products Partners reported a revenue growth of -14.8% year-on-year during 2016. Oil & Gas Distribution Industry grew at -12.3% in the same period
  2. COGS share of Revenues: As a percentage of revenue, Enterprise Products Partners spent 85.3% of its total revenues on COGS. Oil & Gas Distribution industry average (COGS share of revenue) in the same period was 75.2%
  3. R&D share of Revenues: Enterprise Products Partners R&D share of Revenues details are not available because either company does not share the data or we do not have it
  4. SG&A share of Revenues: As a percentage of revenue, Enterprise Products Partners spent 0.7% of its total revenues on Sales, Marketing, and General Administration (SG&A). Oil & Gas Distribution industry average SG&A spending in the same period was 3.7%
  5. Inventory share of Revenues: As a percentage of revenue, Enterprise Products Partners spent 7.7% of its total revenues on Inventories. Oil & Gas Distribution industry average Inventory spending in the same period was 4.8%
  6. Accounts Payable share of Revenues: As a percentage of revenue, Enterprise Products Partners invested 17.9% of its total revenues on Accounts Payable (A/P) Oil & Gas Distribution industry average Accounts Payable investment in the same period was 10.1%
  7. Accounts Receivable share of Revenues: As a percentage of revenue, Enterprise Products Partners invested 14.5% of its total revenues on Accounts Receivable (A/R). Oil & Gas Distribution industry average Accounts Receivable investment in the same period was 10.6%
  8. PP&E share of Revenues: As a percentage of revenue, Enterprise Products Partners invested 144.6% of its total revenues on Property, Plants, and Equipments (PP&E). Oil & Gas Distribution industry average PPE investment in the same period was 155.8%
  9. Intangibles share of Revenues: As a percentage of revenue, Enterprise Products Partners invested 41.7% of its total revenues on Intangibles. Oil & Gas Distribution industry average Intangibles investment in the same period was 39.0%
  10. Net Margins: Enterprise Products Partners Net Margins in the year 2016 were 10.9%. Oil & Gas Distribution industry average Net Margins in the same period were 3.9%

Sector and Industry Association of Enterprise Products Partners

For the purpose of performance benchmarking of a company with a sector or industry average, R&P Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries.

Enterprise Products Partners is associated with Oil & Gas Sector and Oil & Gas Distribution Industry.

Oil & Gas sector is comprised of the following industries: Oil & Gas Production; Oil & Gas Distribution; Oil & Gas Equipment and Services; Alternative Energy. The definitions for each of the industries is as follows:

  • Oil & Gas Production industry includes companies primarily engaged in operating oil & gas properties. Key activities may include exploration for crude petroleum and natural gas; drilling, completing, and equipping wells; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. It also includes companies engaged in crude petroleum refining and producing gasoline, kerosene, distillate fuel oils, residual fuel oils, and lubricants, through fractionation or straight distillation of crude oil.
  • Oil & Gas Distribution industry includes companies primarily engaged in the pipeline transportation of petroleum, natural gas, and other commodities. It also includes companies primarily engaged in the wholesale and retail distribution of petroleum and petroleum products.
  • Oil & Gas Equipment and Services industry includes companies primarily engaged in drilling wells for oil or gas field operations for others on a contract or fee basis. It also includes companies providing exploration services and machinery & equipment for oil and gas field operations.
  • Alternative Energy industry includes companies that develop or manufacture renewable energy equipment utilizing sources such as solar, wind, geothermal, hydro, and waves. It also includes companies that produce alternative fuels such as methanol, ethanol, hydrogen and biofuels that are mainly used to power vehicles.

Industry Ranking of Enterprise Products Partners

With $23 billion revenues, Enterprise Products Partners ranked number 3 of all the companies in the US Oil & Gas Distribution industry. There were a total of 69 public companies in the US Oil & Gas Distribution industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Oil & Gas Distribution industry by revenues during 2016 were:

  1. Energy Transfer Equity ($37.5 billion)
  2. World Fuel ($27 billion)
  3. Enterprise Products Partners ($23 billion)
  4. Energy Transfer Partners ($21.8 billion)
  5. Plains All American Pipeline ($20.2 billion)
  6. Plains GP Holdings ($20.2 billion)
  7. Sunoco ($15.7 billion)
  8. Kinder Morgan ($13.1 billion)
  9. NGL Energy Partners ($11.7 billion)
  10. Sunoco Logistics ($9.2 billion)

Business Model Analysis (BMA) Framework

We use the following framework to assess the business model of a company. Business Model Analysis framework can be used by organizations to articulate growth strategies and identify cost optimization opportunities. Technology and consulting companies can use this framework to identify the value drivers and pain points of their targeted customers. Entrepreneurs can use this framework to understand the language of business and identify promising business opportunities. This framework can be used by any professional aspiring to take up a leadership role to better understand the businesses challenges, articulate growth strategy, and monitor the business improvement requirements for the organization.

Next Steps

  • Conduct a holistic benchmarking; to identify and target additional sources of value
  • Get in touch with us to learn more about Business Model Analysis Framework
  • Get free data, charts, and analysis of Enterprise Products Partnersand its peers on select key performance indicators by clicking the reports provided below

Industry Peers and Competitors of enterprise-products-partners

Energy Transfer Equity (ETE) Business Analysis – Analyze Historical Performance, Strategic...

Energy Transfer Equity, L.P. with $38 billion revenues in the year 2016 was the number 1 Oil & Gas Distribution company. Read this report to know the top competitors of Energy Transfer Equity and identify growth and cost optimization opportunities of Energy Transfer Equity

World Fuel (INT) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

World Fuel Services Corp with $27 billion revenues in the year 2016 was the number 2 Oil & Gas Distribution company. Read this report to know the top competitors of World Fuel and identify growth and cost optimization opportunities of World Fuel

Energy Transfer Partners (ETP) Business Analysis – Analyze Historical Performance, Strategic...

Energy Transfer Partners, L.P. with $22 billion revenues in the year 2016 was the number 4 Oil & Gas Distribution company. Read this report to know the top competitors of Energy Transfer Partners and identify growth and cost optimization opportunities of Energy Transfer Partners

Plains All American Pipeline (PAA) Business Analysis – Analyze Historical Performance,...

Plains All American Pipeline Lp with $20 billion revenues in the year 2016 was the number 5 Oil & Gas Distribution company. Read this report to know the top competitors of Plains All American Pipeline and identify growth and cost optimization opportunities of Plains All American Pipeline

Plains GP Holdings (PAGP) Business Analysis – Analyze Historical Performance, Strategic...

Plains GP Holdings LP with $20 billion revenues in the year 2016 was the number 6 Oil & Gas Distribution company. Read this report to know the top competitors of Plains GP Holdings and identify growth and cost optimization opportunities of Plains GP Holdings

Sunoco (SUN) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

Sunoco Lp with $16 billion revenues in the year 2016 was the number 7 Oil & Gas Distribution company. Read this report to know the top competitors of Sunoco and identify growth and cost optimization opportunities of Sunoco

Revenues Analysis

Enterprise Products Partners (EPD) Revenues And Revenue Growth From 2012 To...

This report provides the last five years revenues and revenue growth of Enterprise Products Partners L P (EPD) from 2012 to 2016. Enterprise Products Partners generated a total of $23 billion revenues during 2016. Enterprise Products Partners reported a revenue growth of -14.8% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Enterprise Products Partners (EPD) Revenues And Revenue Growth From 2002 To...

This report provides the last fifteen years revenues and revenue growth of Enterprise Products Partners L P (EPD) from 2002 to 2016. Enterprise Products Partners generated a total of $23 billion revenues during 2016. Enterprise Products Partners reported a revenue growth of -14.8% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

Enterprise Products Partners (EPD) Revenue Growth Comparison With Industry Growth From...

This report provides a comparison of Enterprise Products Partners L P (EPD) revenue growth with Oil & Gas Distribution industry growth during the last five years from 2012 to 2016. Enterprise Products Partners reported a revenue growth of -14.8% year-over-year during 2016. The Oil & Gas Distribution industry growth was -12.3% year-over-year during 2016. Enterp