To rank on The List, companies needed to have at least one active Huston-area office. Pipelines are some of the most valuable pieces of fossil fuel infrastructure. DCP Midstream had a market cap of more than $7 billion (as of May 2, 2022). Top U.S. Companies by Revenue for the Pipelines, Except Natural Consists of four pipelines that run between Xinjiang in the west of China to Shanghai in the east. The pipeline transfers product from Canada to the US and combines with the aforementioned Express Pipeline. The Dividend Achiever delivered its 27th consecutive annual dividend increase in 2022. Best Stocks to Invest in Pipelines It started out by constructing the TransCanada pipeline -- now known as the Canadian Mainline system -- which is the longest gas pipeline system in Canada. What are the top LNG companies? You have to go through environmental review process, you have to show that the pipeline is actually needed and that it is serving the public." Billions more gallons of liquid fuels are delivered to refineries, terminals, and refueling stations. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Oil is the most endeavored commodityof the 20th century but today, a series of high-profile legal setbacks are being faced by the sector in some areas in the United States. Companies Those investments grew its scale so that it could make needle-moving acquisitions such as 2017's purchase of gas pipeline-focused Spectra Energy, which catapulted it to the top of the pipeline leaderboard. Enterprise Products Partners has a diversified footprint and an integrated asset base. Connect with us: April 15, 2022. It is organized under Delaware state laws and headquartered in Dallas, Texas. Market Cap as of February 10, 2023: $25.3 billion. These investments allowed MPLX to increase its cash flow as well as expand its export capabilities. To come up with the 15 largest pipeline companies in the world, we compiled a list of the biggest global diversified oil and gas energy companies with the largest network of pipelines. Biggest Utilities will also use pipelines to transport natural gas to their power plants and distribute it to consumers. Pipelines It has made several acquisitions over the years to expand and diversify its operations, including paying $7.2 billion for Enable Midstream in 2021. Pipeline milage includes crude oil, natural gas, gathering and processing systems and other pipelines. Gazprom is the largest natural gas producer with more than 18 trillion cubic feet in 2021. Although most of those expansions have supported the movement of fossil fuels, Energy Transfer is increasingly looking at projects aimed at lower-carbon energy sources. WebThe Largest Natural Gas Pipeline Companies. The Druzhba pipeline is said to be one of the worlds longest oil pipeline currently completed. TC Energy Corporation (NYSE:TRP) intends to lower the intensity of GHG emissions from its operations by 30% by 2030. It has almost 58,000 miles of pipelines across the U.S., Mexico, and its home country, Canada. More than 2.6 million miles of pipelines form a hidden energy superhighway below the surface of America. Plains All American Pipeline operates a large-scale oil-focused infrastructure business. Natural Gas Stocks It has a large NGL pipeline operation, natural gas and NGL processing plants, and natural gas pipelines. The company posted a net income of more than $1.40 billion in 2021 and over $600 million in 2020. Over the past 50 years, the worlds annual energy consumption has nearly tripled from 62,949 terawatt-hours (TWh) in 1969 to 173,340 TWh in 2019. Marathon Petroleum Corporation (NYSE:MPC) has a pipeline network of approximately 14,000 miles in length which includes around 8,000 miles of crude oil pipeline system and over 5,500 miles of pipeline system for refined products. That gives it the financial flexibility to continue expanding by making acquisitions and completing expansion projects. The Williams Companies, Inc. (NYSE:WMB) is an NYSE-listed American energy infrastructure company. These include Canadas biggest pipeline company, Enbridge Inc. (NYSE:ENB), which has been expanding its offshore wind portfolio. It should have plenty of power to continue increasing its payout. Comparing North America's New 3 Largest Oil And Gas Pipeline It is used to export Russian crude oil to Asia-Pacific markets, including Japan, China and South Korea. The combined length of these pipelines is more than 1.18 million km (730,000 miles) enough to circle the Earth 30 times. PAA owns an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and NGL Enbridge operates the world's longest and most complex crude oil and liquids transportation system, moving 30% of all the oil produced in North America. In May, hackers launched a cyberattack against the company that disrupted fuel supplies and led to shortages across the East Coast. Confirming its status as a global leader, ExxonMobil is expanding its portfolio of liquefied natural gas operations to meet growing global demand. Companies Founded in 1908 and headquartered in Tulsa, Okla., it is an energy infrastructure company that explores, produces, transports, sells and processes natural gas and petroleum products. The company also gathers and processes raw natural gas (a business which accounts for 25% of its earnings) and operates natural gas transmission pipelines (the other 15% of its earnings). Founded in 2009, Marathon Petroleum Corporation (NYSE:MPC) is an independent refiner that operates as a downstream energy company. This guide will introduce investors to the 10 biggest publicly traded pipeline companies by market cap and discuss the characteristics that enabled them to grow so large. The company currently has a total of 208 wells which supply approximately 18.5 billion The roughly 1,800-mile network moves gas between South Texas and New York City, serving markets all along the Atlantic Coast. As one of the largest midstream service providers in North America, we own an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and NGL producing basins (including the Permian Basin) and transportation corridors and at major market hubs in the United States and Canada. It also owns stakes in two other MLPs: fuel distributor Sunoco LP (SUN 0.49%) and natural gas compression services company USA Compression Partners (USAC -0.24%). She also said that they also have to get all the other kinds of miscellaneous permits for impacts that these pipelines might potentially have on the environment, environmental justice communities, historical artifacts along the route. However, MPLX has evolved over the years into a more self-sustaining company by investing in organic expansion projects and making third-party acquisitions. However, scouring the internet for research ended with us finding the U.S. Energy Information Administration, which is an official body of the government. Stretches from Agadem oil field in Niger to the port of Seme Terminal in Benin. Permian Basin That gives investors lots of options. Companies Kinder Morgan is one of the biggest natural gas pipeline companies in the U.S. Runs from gas fields in southern Australia to gas distribution systems in Sydney, Newcastle, Wollongong, and Canberra. Largest Today, the largest pipeline network across the U.S. and Canada (with a diameter of at least 10 inches) is the 14,919 mile network managed by Plains, which spans from the northwestern tip of Alberta all the way down For example, a pipeline connecting oil fields in North Dakota with transfer terminals in Illinois would require the pipeline to travel through North and South Dakota, Iowa, and Illinois. An example is the Keystone XL Pipeline which stays blocked (U.S. Supreme Court's order) and the Dakota Access Pipeline that is expected to be shut down. Top 5 Pipeline Developments in Africa by Length. While Energy Transfer initially focused on growing its natural gas infrastructure business, it diversified into all other aspects of the midstream sector. The ranking and the market cap data shown on Capacity: 82 million cubic metres (2.9 billion cubic feet) per day. All these companies operate diversified portfolios of midstream assets. Williams had a market cap of more than $40 billion (as of May 2, 2022). The need for more energy has increased which is why pipelines also proliferated. Furthermore, it expects to invest CA$5 billion to $CA6 billion ($3.8 billion-$4.6 billion) per year on additional projects after 2020. The company is particularly dominant in the NGL infrastructure segment. Targa Resources Corp. (NYSE:TRGP) is a provider of midstream energy infrastructure. However, instead of building crude oil infrastructure, it focused on solving a critical problem in that region: how to maximize the value of all the associated natural gas that is produced along with oil. On the other hand, Dominion and Duke Energy canceled the Atlantic Coast Pipeline last July 2020 after years of delay and increasing costs. Biggest Construction Companies TC Energy Corporation (NYSE:TRP) operates a 93,300-kilometer network of natural gas pipelines. The Motley Fool recommends Enterprise Products Partners and ONEOK. ONEOK's infrastructure has helped reduce the volume of gas flared in the region from 35% in 2014 to around 15% in 2019, even as output nearly tripled. WebEnergy Transfer. Pembina Pipeline Corporation (NYSE:PBA) has a pipeline transportation capacity of 3.1 mmboe/d, and an above-ground storage capacity of 11 million barrels of oil. Capacity: 30 million cubic metres (1.06 billion cubic feet) per day. Landowners & Developers. That plays right into the strengths of Plains All American, setting it up for significant growth in the coming years. The company has a pipeline network of over 21,000 miles. WebHebei Huayang Steel Pipe Company Ltd. is the largest ERW steel pipe manufacturer in Northern China. Founded in 1906 and headquartered in Tulsa, Okla., this company gathers, processes, transports, stores and markets natural gas. Given the vast scope of North America's oil and gas industry, investors have dozens of options to choose from among publicly traded midstream companies. Data source: Ycharts, values as of July 18, 2019. As a result, it now has the flexibility to pursue the highest-return opportunities to transport, process, store, and export any energy-related commodity. There were big construction delays with a lot of pipelines because of litigations." Click to skip ahead and jump to the 5 longest pipelines in the US. This category includes articles on companies that operate oil pipelines as their sole business activity or as one of several business activities. In addition, Enbridge controls an extensive portfolio of renewable energy assets in North America and Europe. Pipeline company grows Permian Basin footprint WebEnergy Transfer Partners. Its crude oil network ranges from Western Canada to the U.S. Gulf Coast and includes a meaningful position in the rapidly expanding Permian Basin. We are proud to have one of Americas largest energy portfolios with assets reaching coast-to-coast, covering 38 states and an international office in Beijing. US existing home sales drop, but prices up from a year earlier, Housing activity in July withered to slowest pace since 2010, Large employers split on covering GLP-1 drugs for weight loss: Survey, US natgas prices ease as tropical storm provides relief from heat in Texas, EU antitrust regulators to assess impact of Microsoft's UK Activision remedy. The length of oil pipelines far outweighed the length of gas pipelines, which is why our list is dominated by the former and not the latter. Kinder Morgan, Inc. (NYSE:KMI) is one of North America's leading energy infrastructure firms. "If you're building a multi-state oil pipeline, you need approval from multiple states" she added. Pembina operates an integrated system in Western Canada. NGL Energy Partners LP (NYSE:NGL) shares have gained almost 15% year-to-date and but are down almost 3% in the last one year. Pipeline WebTexas Pipeline Association 2023 Members. TC Energy delivered its 21st consecutive annual dividend raise in 2021 and expects to increase it at a 3% to 5% annual rate in the future. DCP Midstream LP (NYSE:DCP) shares have gained over 24% year-to-date and over 47% in the last one year. They include traditional corporations headquartered in the U.S. and Canada, as well as master limited partnerships (MLPs), which have the distinct advantage of being exempt from federal corporate taxes. Williams has a large pipeline of natural gas expansion projects that should fuel growth in the coming years. Kinder Morgan, Inc. (NYSE:KMI) has also ventured into clean energy by forming the Energy Transition Ventures group in 2021. In 2018, it generated half of its earnings from services tied to those commodities, and hauled in another 13% of its profits from petrochemical-related activities, which typically consume NGLs. Kinder Morgan had a market cap of more than $40 billion (as of May 2, 2022). Colonial Pipeline Market Cap as of February 10, 2023: $41.6 billion. These Are The Ten Biggest Pipeline Companies - Fintel Pipelines are a cheaper method of shipping those commodities than trucks and trains, and the companies that own them typically generate billions of dollars of free cash flow each year. These companies are getting it done. WebStrong, long-term relationships are essential to us when it comes to design, construction, operation and maintenance of our pipeline facilities. The company has recently executed pipeline and facility projects for PG&E, Koch, Enterprise Products, Iroquois, NiSource, Williams, DCP, ExxonMobil, KinderMorgan, Peregrine Midstream, Centurion Pipeline, Spectra, Florida Gas Transmission, Panhandle Eastern Pipe Line Company, ROSPAN, TNK-BP, Enbridge, and Copano Energy, just to Global Energy Monitorestimates that as of December 2020, there were at least 2,381 active oil and gas pipelines spread over 162 nations. Its also the largest pipeline company in North America, controlling a massive network of The victim of the attack, Colonial Pipeline is a company that transports more than 100 million gallons of gasoline and other fuel daily from Houston to the New York Harbor. Largest Pipeline Companies Following are the ten biggest pipeline companies: EnLink Midstream (>$6 billion) Founded in 2013 and headquartered in Dallas, this company transmits, Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Only the top oil and gas companies are shown in this list and oil and gas companies that are not publicly traded are excluded. The world's longest pipelines Speaking about natural gas, unlike oil, it can't be easily shipped in ordinary vehicles and pipelines have historically been the only way to move it. It is an onshore and offshore natural gas pipeline that runs from Greece to the Apulia region in southeastern Italy. The company is increasingly turning its attention to cleaner fuels. Energy Transfer Investing in natural gas infrastructure companies that own pipelines and LNG export facilities is an alternative. Al It owns and operates more than 30,000 miles of pipelines that handle about 30% of all the gas used in the U.S. each day. Permian Basin Category:Oil pipeline companies In 2019, about half of the company's earning will come from liquids pipelines, 30% from gas transmission pipelines, 15% from gas utilities, and the rest from other assets like renewable energy. of the 20th century but today, a series of high-profile legal setbacks are being faced by the sector in some areas in the United States. Cumulative length of the pipeline in miles (completed projects): 754. A foremost provider of pipeline equipment and services, including pigging, pipeline integrity, intervention & isolation. Brazos Midstream. In the meantime, it has more than CA$20 billion ($15.3 billion) of additional expansions under development. WebPlains (NASDAQ: PAA) is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids and natural gas. Here's a snapshot of some of the top pipeline stocks: Market cap (short for capitalization) refers to a company's total value. We have an interest in or operate approximately 82,000 miles of pipelines and 140 terminals. So now without further ado, let's take a look at the longest pipelines in the US, starting with number 15: Cumulative length of the pipeline in miles (completed projects): 650. The Spearhead Pipeline was developed by Enbridge and has a capacity of 190,000 barrels a day. Biggest Pipeline It's using solar energy to power its operations while exploring renewable natural gas, carbon capture and storage, and hydrogen developments. The company posted a net income of more than $70 million in 2021 and a net loss of over $1.5 billion in 2020. Enbridge Inc. Revenue: USD 47.07 billion; Headquarters: Canada; 2. That gives them the funds to pay attractive dividends and invest in expanding their operations. PipeChina, known formally as China Oil and Gas Pipeline Network, will soon become the largest builder of gas pipelines in the world, according to Global Energy Monitor. The economy needs energy across sectors to run smoothly, making these companies potential buys. Cumulative length of the pipeline in miles (completed projects): 786. Enterprise Products Partners. Capacity: 92 million cubic metres (3.3 billion cubic feet) per day. CALGARY Enbridge Inc., North Americas largest pipeline company, is shifting its asset mix to reflect the energy transition underway across the world. And that strategically focused growth has enabled many of them to produce market-beating total returns. Headquartered in Calgary, Canada, this multinational pipeline company is engaged in oil and gas transportation and has the longest pipeline system in the region. The company utilizes various fuel sources for electricity generation, such as Coal, Natural Gas, Steam, and Nuclear, as well as other renewable energy sources such as Wind, Geothermal, Solar, and Black Liquor resources. The Trans-Mediterranean (Transmed) is a 2,475km-long natural gas pipeline built to transport natural gas from Algeria to Italy via Tunisia and Sicily. Those actions transformed it into a full-service midstream company that not only provides logistics services to Marathon's refineries but also offers a "wellhead to water" solution for other producers. We finally found documents for both oil and gas pipeline projects in the US, both which are completed and those which are announced and / or in progress. Kinder Morgan, Inc. (NYSE:KMI) employs around 11,000 people in North America. Enbridge is the largest energy company in Canada (by market cap) and one of the largest companies currently trading on the TSX. Run by Phillips 66 and Andeavor, the pipeline was established in 2019 and has a capacity of 900,000 barrels a day. The Federal Government has regulated gas pipelines since then. The companys pipeline network stretches over 83,000 miles, transmitting approximately 40% of the natural gas produced in the USA. Suncor produced 549,000 boe/d in 2012 only slightly higher than in 2011. Runs from the Indian Ocean port of Dar es Salaam, Tanzania onto Ndola in central Zambia. In 2019, it will transport 25% of the continent's volumes, not only in its home country but also in the U.S. and Mexico. North Americas largest pipeline company aims to pivot to natural Top Pipeline Stocks to Buy in 2023 | The Motley Fool Big Oil, Bigger Emissions Kinder Morgan is also the largest independent terminal operator and transporter of refined petroleum products in North America. ONEOK had a market cap of more than $28 billion (as of May 2, 2022). TC ONEOK, Inc. (NYSE:OKE) shares have gained almost 8% year-to-date and over 20% in the last one year. WebOur Business. The company also has a large liquids pipeline operation that moves Canadian oil to markets in the U.S. WebPipe Line Companies in Houston on YP.com. Some of the most noteworthy pipelines include: Runs from Alberta province in western Canada down to refineries in Illinois and Texas in the US. We have used the latest available sales numbers of the pipeline companies to rank the ten biggest pipeline companies. Market-beating stocks from our award-winning analyst team. Pipeline Company EXXONMOBIL. Companies portal. Williams Companies is also a large-scale natural gas pipeline company. We use cookies to enhance your experience on our websites and improve the delivery of ads to you. In addition, the company has spent billions of dollars on expansion projects. Transneft (TRNFP.ME)s pipeline network includes the Russian portion of the 5500-kilometer-long Druzhba Pipeline, one of the world's largest crude oil pipeline networks.
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