Enterprise Products CCO Brent Secrest Says Co Expects To Make A Final Investment Decision On Sea Port Oil Terminal Before End Of 2024; Co Exec Says Enterprise Products Notified Shippers Of Downtime On Wink To Webster Pipeline In June For About 10 Days
Portfolio Pulse from Benzinga Newsdesk
Enterprise Products Partners L.P. (EPD) expects to make a final investment decision on the Sea Port Oil Terminal before the end of 2024. Additionally, the company has notified shippers of a planned downtime on the Wink to Webster Pipeline for about 10 days in June, as mentioned during a conference call by CCO Brent Secrest.
April 30, 2024 | 2:59 pm
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Enterprise Products Partners L.P. is gearing up for a significant investment decision on the Sea Port Oil Terminal by 2024 end and has scheduled a short-term pipeline downtime in June.
The final investment decision on the Sea Port Oil Terminal indicates strategic growth and expansion, likely viewed positively by investors. The short-term pipeline downtime is planned and likely factored into operational schedules, minimizing negative impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90