Frequently Asked Questions
Where are you headquartered?
Enterprise Products Partners L.P. is headquartered in Houston, Texas. To see where our assets are located, please view our system map.
How can I invest in Enterprise Products Partners L.P.?
Enterprise Products Partners L.P. is a publicly traded limited partnership, also known as a master limited partnership ("MLP"). Our units are listed on the New York Stock Exchange ("NYSE") under the ticker "EPD" and can be purchased through a brokerage firm, similar to any publicly listed corporate stock.
What is a Master Limited Partnership?
An MLP is a limited partnership whose equity interests (known as "units" as opposed to "shares") are traded on public exchanges, like a corporate stock. To learn more about MLPs, please visit the Energy Infrastructure Council (EIC) website: eic.energy/mlp-101-the-basics/.
Can I buy units directly through the company?
We do not offer a direct unit purchase program for investors at this time.
How much was the last declared distribution?
To view our past distribution payment history, please visit our Distributions and DRIP page.
Do you offer a Distribution Reinvestment Plan ("DRIP")?
To learn about Enterprise's DRIP plan and download the latest prospectus, please visit our Distributions and DRIP page.
Does the Partnership meet the 10% exception under 1.1446(f)-4(b)(3)(ii) and where can I find qualified notices regarding withholding on distributions?
Enterprise Products Partners L.P. is a publicly traded partnership pursuant to Internal Revenue Code Section 7704(b) and is taxed as a partnership for U.S. tax purposes. The Partnership states that the 10% exception DOES NOT apply, as determined under Treasury Regulation Section 1.1446(f)-4(b)(3)(ii). As a result, a foreign unitholder who sells our units should generally expect a broker to withhold 10% of the amount realized upon such sale.
Brokers and nominees should treat one hundred percent (100.0%) of Enterprise's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. See Treasury Regulation Section 1.1446(f)-4(b). Qualified notices related to distributions can be found at our website at https://ir.enterpriseproducts.com/distribution-drip. In general, a foreign unitholder should expect its broker to withhold on distributions made to a foreign unitholder at the unitholder's maximum applicable United States tax rate.
Has EPD ever had a unit split?
Yes, we have had two 2-for-1 unit splits in our history, one occurred on May 15, 2002 and one occurred on August 21, 2014.
How can I contact your transfer agent?
Our transfer agent is EQ Shareowner Services. They can be contacted at 855-235-0839 or:
Mail:
EQ Shareowner Services
P.O. Box 64874
St. Paul, MN 55164-0874
Overnight Mail:
EQ Shareowner Services
1110 Centre Pointe Curve,
Suite 101
Mendota Heights, MN 55120-4100
Where can I find my Schedule K-1 Tax Package?
Schedule K-1 account information is accessible online. Please visit our K-1 Tax Information page for more information.
Why do unitholders receive Schedule K-1 forms rather than Form 1099?
A corporation reports dividends, interest and various other items to its shareholders on Form 1099. A partnership passes its profits and losses through to its partners as reported on a Schedule K-1. The K-1 provides required tax information for a unitholder’s ownership interest in a partnership, while a Form 1099 does so for a stockholder’s ownership interest in a corporation. Enterprise Products Partners L.P. is a publicly traded limited partnership.
The Energy Infrastructure Council ("EIC") provides resources on basic partnership tax principles on its webpage eic.energy/basic-tax-principles/ . Please note this is for informational purposes only and should not be construed as offering tax advice. Consult your tax advisor regarding your own situation.