Duncan Energy Partners Ranks 29thIn Houston Chronicle 100 for 2009
May 18 2009 - 5:36PM
Business Wire
Duncan Energy Partners L.P. (NYSE: DEP) today announced that it
has been ranked 29th in an annual survey of Houston�s 100
top-performing, publicly traded companies. Compiled by the Houston
Chronicle, the rankings are based on four measures of financial
performance in 2008: total revenue, revenue growth, earnings per
share growth, and one-year total return to shareholders on a
dividend-reinvested basis. A complete breakdown of the rankings was
published in the May 17, 2009 edition of the Houston Chronicle and
can also be accessed at www.chron.com/100.
�Driven by the strong operating and financial results from our
diverse portfolio of assets acquired in 2007, our debut on the
Chronicle 100 comes after our first full year of operations,� said
Richard H. Bachmann, Duncan Energy Partners president and chief
executive officer. �Our second dropdown of assets from Enterprise
Products Partners in December 2008, further expanded our geographic
footprint, added incremental cash flow and provided us with a
platform from which to pursue future growth opportunities.�
Duncan Energy Partners is a publicly traded partnership that
provides midstream energy services, including gathering,
transportation, marketing and storage of natural gas, in addition
to NGL fractionation (or separation), transportation and storage
and petrochemical transportation and storage. Duncan Energy
Partners owns interests in assets located primarily in Texas and
Louisiana, including interests in approximately 9,200 miles of
natural gas pipelines with a transportation capacity aggregating
approximately 6.8 billion cubic feet (Bcf) per day; more than 1,600
miles of NGL and petrochemical pipelines featuring access to the
world�s largest fractionation complex at Mont Belvieu, Texas; two
NGL fractionation facilities located in south Texas; approximately
18 million barrels of leased NGL storage capacity; 8.5 Bcf of
leased natural gas storage capacity; and 33 underground salt dome
caverns with more than 100 million barrels of NGL storage capacity
at Mont Belvieu. Duncan Energy Partners L.P. is managed by its
general partner, DEP Holdings, LLC, which is wholly-owned by a
subsidiary of Enterprise Products Partners L.P. Additional
information about Duncan Energy Partners is available online at
www.deplp.com.
Duncan Energy Partners L.P. (NYSE:DEP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Duncan Energy Partners L.P. (NYSE:DEP)
Historical Stock Chart
From Jul 2023 to Jul 2024