英语论文网

留学生硕士论文 英国论文 日语论文 澳洲论文 Turnitin剽窃检测 英语论文发表 留学中国 欧美文学特区 论文寄售中心 论文翻译中心 我要定制

Bussiness ManagementMBAstrategyHuman ResourceMarketingHospitalityE-commerceInternational Tradingproject managementmedia managementLogisticsFinanceAccountingadvertisingLawBusiness LawEducationEconomicsBusiness Reportbusiness planresearch proposal

英语论文题目英语教学英语论文商务英语英语论文格式商务英语翻译广告英语商务英语商务英语教学英语翻译论文英美文学英语语言学文化交流中西方文化差异英语论文范文英语论文开题报告初中英语教学英语论文文献综述英语论文参考文献

ResumeRecommendation LetterMotivation LetterPSapplication letterMBA essayBusiness Letteradmission letter Offer letter

澳大利亚论文英国论文加拿大论文芬兰论文瑞典论文澳洲论文新西兰论文法国论文香港论文挪威论文美国论文泰国论文马来西亚论文台湾论文新加坡论文荷兰论文南非论文西班牙论文爱尔兰论文

小学英语教学初中英语教学英语语法高中英语教学大学英语教学听力口语英语阅读英语词汇学英语素质教育英语教育毕业英语教学法

英语论文开题报告英语毕业论文写作指导英语论文写作笔记handbook英语论文提纲英语论文参考文献英语论文文献综述Research Proposal代写留学论文代写留学作业代写Essay论文英语摘要英语论文任务书英语论文格式专业名词turnitin抄袭检查

temcet听力雅思考试托福考试GMATGRE职称英语理工卫生职称英语综合职称英语职称英语

经贸英语论文题目旅游英语论文题目大学英语论文题目中学英语论文题目小学英语论文题目英语文学论文题目英语教学论文题目英语语言学论文题目委婉语论文题目商务英语论文题目最新英语论文题目英语翻译论文题目英语跨文化论文题目

日本文学日本语言学商务日语日本历史日本经济怎样写日语论文日语论文写作格式日语教学日本社会文化日语开题报告日语论文选题

职称英语理工完形填空历年试题模拟试题补全短文概括大意词汇指导阅读理解例题习题卫生职称英语词汇指导完形填空概括大意历年试题阅读理解补全短文模拟试题例题习题综合职称英语完形填空历年试题模拟试题例题习题词汇指导阅读理解补全短文概括大意

商务英语翻译论文广告英语商务英语商务英语教学

无忧论文网

联系方式

Research Project-SWOT and Financial Analysis [2]

论文作者:英语论文论文属性:调研报告 Research Proposal登出时间:2014-05-13编辑:xin zhao点击率:15333

论文字数:4600论文编号:org201404281011209193语种:英语 English地区:英格兰价格:免费论文

关键词:Research ProjectSWOTFinancial Analysisresearch papermidstream energy industry

摘要:As outlined in the SWAT analysis, EPD has many opportunities to execute in the coming year and beyond. At current oil and gas market prices, net income should continue to grow at a modest rate of 5% to 7% in 2013.Due to the volatility of the oil and gas markets this percentage increase could be magnified either direction accordingly.

Products on the entire midstream operations of natural gas, crude oil, and natural gas liquid movements through marine, truckload, and pipeline capabilities.  In year ending December 2012, Enterprise Products generated 41.4% of revenue from their onshore crude oil pipelines and services, 35.6% from NGL pipelines and services, 14.5% from Petrochemical and Refined Products services, 4.8% from onshore natural gas pipelines and services and .45% from offshore pipelines and services.
Enterprise Products operates a large network of 24 natural gas processing plants with the capacity to process 12.28 Bcf/d located from Texas and Louisiana up to Wyoming.  In addition, Enterprise Products operates nearly 17,000 miles of NGL pipeline, over 5,000 miles onshore crude oil pipeline and nearly 20,000 miles of natural gas pipeline.  Coupled with 123 barges and a strong and growing tractor/tanker fleet, Enterprise Products strong operation capabilities have strengthened in the midstream industry.
Strength II – Organic Growth Initiatives and Acquisition Growth
Enterprise Products completed $2.5 billion in growth capital projects and acquisitions in 2009 and 2010.  With $5 billion in capital projects currently under development, including in the fast growing NGL segment,EPDis showing no sign of slowing down.  In addition to Enterprise Products lengthy history of acquiring various business units to spur growth and create value the company is committed to growing organically within its business framework.  According to Business Wire, Enterprise Products has acquired sufficient transportation commitments to support a 270 mile pipeline system to deliver ethane from their Mont Belvieu, Texas facility to multiple petrochemical facilities in Texas and Louisiana (Business Wire, 2013).  Lastly, Enterprise Products vast presence in the Eagle Ford Shale located in South Texas continues to expand its crude oil gathering operation.
Strength III –Limited Partnership
Enterprise Products is the largest publicly traded energy partnerships in the United States.According to Yahoo Finance, 37% of shares are held by insiders ensuring managements objectives align with shareholders (Yahoo Finance).  With their recent acquisition of Enterprise GP Holdings L.P., all incentive distribution rights to general partners has been eliminated lowering the long term cost of equity capital relative to many of their competitors (Enterprise Products L.P., 2013).  This will free up more capital to strengthen their current business as well as fund additional opportunities in the future.
Weakness I -- Limited Cash Reserves
Enterprise Products cash and short term investments on its balance sheet have declined drastically from 239 million in 2008 to 20 million in 2012.  Their current ratio and quick ratio have declined three out of the last four years as indicated in Appendix D (Net Advantage, 2013) .  These declining liquidity ratios coupled with a declining net working capital could hamper short term business operations and indicate trouble with the short term solvency.  EPD’s liquidity issues are addressed further within the financial section.
Opportunity I – Inorganic Growth
In the past three years, Enterprise Products has invested billions in new acquisitions and shows no sign of slowing down.  Since going public in 1998, Enterprise Products has kept their number on论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。
英国英国 澳大利亚澳大利亚 美国美国 加拿大加拿大 新西兰新西兰 新加坡新加坡 香港香港 日本日本 韩国韩国 法国法国 德国德国 爱尔兰爱尔兰 瑞士瑞士 荷兰荷兰 俄罗斯俄罗斯 西班牙西班牙 马来西亚马来西亚 南非南非