TEPPCO Partners

Largest operator of oil pipelines in the U.S.

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Headquarters:
2929 Allen Parkway
Houston, Texas 77019
Employees: 1,200
CEO: Jerry Thompson
Stock Symbol: TPP

Website: http://www.teppco.com

Career Site

TEPPCO Partners, L.P. is a publicly traded master limited partnership, which conducts business through various subsidiary operating companies.

TEPPCO owns and operates one of the largest common carrier pipelines of refined petroleum products and liquefied petroleum gases in the United States; owns and operates petrochemical and natural gas liquid pipelines; is engaged in crude oil transportation, storage, gathering and marketing; owns and operates natural gas gathering systems; and owns 50-percent interests in Seaway Crude Pipeline Company, Centennial Pipeline LLC, and Mont Belvieu Storage Partners, L.P., and an undivided ownership interest in the Basin Pipeline.

Texas Eastern Products Pipeline Company, LLC, an indirect subsidiary of EPCO, Inc., is the general partner of TEPPCO Partners, L.P.

The Partnership operates in three segments: Downstream, Midstream and Upstream.

Downstream Segment
The Downstream Segment includes the transportation and storage of refined products, liquefied petroleum gases (LPGs) and petrochemicals.
Midstream Segment
The Midstream Segment includes natural gas gathering services, and storage, transportation and fractionation of natural gas liquids (NGLs).
Upstream Segment
The Upstream Segment includes crude oil transportation, storage, gathering and marketing activities, and distribution of lubrication oils and specialty chemicals.

The company owns over 11,600 miles of pipeline and transports the following:

- Crude Oil
- Liquefied Petroleum Gas (LPGs)
- Natural Gas
- Natural Gas Liquids (NGLs)
- Petrochemicals
- Refined Products

TEPPCO reported record revenues of $8.6 billion and net income of $162.5 million for 2005.

Benefits

Employees are offered a generous benefits program through EPCO, Inc. (the owner of our general partner, Texas Eastern Products Pipeline Company, LLC).
Medical Plan
Choose from several options for the coverage you need. Prescription drug coverage and a vision plan are also available.
Dental Plan
Coverage includes preventive, basic and major restorative care, as well as orthodontia.
Spending Accounts
Before-tax dollars help cover eligible healthcare expenses and dependent care expenses.
Retirement Savings Plan
Save and invest a percentage of your eligible pay on a before tax basis. You can invest the savings in a variety of investment options. The company matches a percentage of what you save and, on a discretionary basis, may also provide a profit sharing contribution.
Life and Accident Insurance Plan
Protect yourself and your covered dependents from financial hardship in the event of your accidental death or injury.
Sick Leave and Disability Plan
All or a portion of your pay continues during short or long term illnesses and/or disabilities.
Other Benefits
- Paid holidays and vacation
- Authorized leaves of absence (family, medical, personal, military, funeral and jury duty)
- Education programs
- Recognition and rewards
- Employee Assistance Program
- Matching Gifts Program
- Employee unit purchase program (TEPPCO units)

Updated April 9, 2006

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