| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
269 |
| Revenues (TTM) (Millions $) |
120 |
| Net Income (TTM) (Millions $) |
174 |
| Cash Flow (TTM) (Millions $) |
6 |
| Capital Exp. (TTM) (Millions $) |
17 |
Business Description
BP Midstream Partners LP is a master limited partnership in the energy industry that was formed by BP Plc. in 2017, and has its headquarters in Houston, Texas. It owns, operates, develops, and acquires pipelines and other midstream assets.
The partnership provides midstream infrastructure, transportation, and storage services for crude oil, refined products, natural gas, and other hydrocarbon-related products. It owns and operates a portfolio of pipelines and storage facilities, as well as terminals that are strategically located across the United States.
BP Midstream Partners LP holds interests in more than 20 midstream assets that are primarily located in the Gulf Coast, Midwest, and Rocky Mountain regions of the United States. Its assets include pipelines that transport crude oil and natural gas liquids (NGLs), as well as a terminal that receives crude oil from the Trans-Alaska Pipeline System.
The company's assets include the Diamondback Pipeline, which is a 113-mile crude oil pipeline that connects BPes Thunder Horse and Na Kika platforms to the Empire Terminal in Louisiana. It also owns the River Rouge Pipeline, which is a 105-mile NGL pipeline that transports NGLs from BPCL chemicalse facility in Whiting, Indiana to storage facilities in the region.
BP Midstream Partners LP's terminal assets include the Whiting Terminal, which is a storage and blending facility that has a capacity of 14 million barrels, and the Toledo Terminal, an oil and petroleum product storage facility that has a capacity of approximately 140,000 barrels.
The company's primary customers are BP Plc, its sponsor, and other companies in the oil and gas industry. Its main objective is to operate and expand its assets, increase throughput, and enhance the efficiency of its operations to generate revenue and maximize returns for its investors.
In summary, BP Midstream Partners LP is a midstream energy company that owns and operates pipelines and storage facilities for crude oil, refined products, natural gas, and other hydrocarbon-related products. The company's assets include pipelines, storage and blending facilities, and terminals that are strategically located across the United States.
Company Address: 501 Westlake Park Boulevard Houston 77079 TX
Company Phone Number: 366-2000 Stock Exchange / Ticker: NYSE BPMP
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