HOUSTON--(BUSINESS WIRE)--May. 11, 2009-- Enterprise GP Holdings L.P. (NYSE:EPE) today announced that the partnership ranks 126th on Barron’s annual list of the 500 top-performing companies, a jump of 225 spots over the 2008 survey. In determining the rankings, Barron’s reviewed the largest publicly traded companies in the United States and Canada, based on sales, and selected those with the best track record of increasing cash flow and return on investment. A complete explanation of the methodology and company rankings is available in the publication’s May 11, 2009 issue or at www.barrons.com.
“The 2009 rankings represent a significant improvement over last year’s survey and make a strong statement about the success of our ongoing strategy of investing in energy partnerships featuring diverse assets that generate reliable cash flows,” said Dr. Ralph S. Cunningham, Enterprise GP Holdings president and chief executive officer. “Our strong financial performance in 2008 was driven by higher cash distribution rates from Enterprise Products Partners, TEPPCO Partners, and Energy Transfer Equity.”
Enterprise GP Holdings is one of the largest publicly traded GP partnerships. It owns the general partners of Enterprise Products Partners L.P. and TEPPCO Partners, L.P. in addition to limited partner interests in both entities. It also owns noncontrolling general partner and limited partner interests in Energy Transfer Equity, L.P. For more information on Enterprise GP Holdings L.P., visit www.enterprisegp.com.
Source: Enterprise GP Holdings L.P.
Enterprise GP Holdings L.P., Houston
Randy Burkhalter, 713-381-6812
Investor Relations
or
Rick Rainey, 713-381-3635
Media Relations