Enterprise GP Holdings
| Company type | Public |
|---|---|
| Industry | Energy (Midstream) |
| Headquarters | Houston , United States |
Key people | Ralph S. Cunningham (President and CEO), Dan Duncan (Majority Owner) |
| Products | Midstream energy services |
| Parent | Enterprise Products (after 2010 acquisition) |
Enterprise GP Holdings operated as a midstream energy holding corporation headquartered in Houston, Texas. It entered the Fortune 500 rankings at position #177 in 2007. The company's main offices were located in the Enterprise Plaza situated in Downtown Houston.
The organization was under the leadership of president and chief executive officer Ralph S. Cunningham, with Dan Duncan holding the majority ownership.
In 2010, Enterprise Products completed the acquisition of Enterprise GP Holdings.
History
Ralph S. Cunningham assumed the role of CEO at the affiliated Enterprise Products Partners ()—a company specializing in transporting natural gas and crude oil—in 2005, prior to his appointment as president and CEO of Enterprise GP Holdings.
During the second quarter of 2007, Enterprise GP Holdings grew its portfolio by purchasing Houston-based TEPPCO Partners LP () and acquiring a 35% ownership interest in Dallas-based Energy Transfer Equity LP ().
On July 23, 2007, Cunningham succeeded Michael A. Creel as president and CEO of Enterprise GP Holdings LP, concurrently stepping down from his position as CEO of Enterprise Products effective July 31, 2007. Subsequently, Creel took over as president and CEO of Enterprise Products Partners LP.
In addition to his executive roles, Cunningham was a board member for Enterprise GP Holdings as well as the related entity Duncan Energy Partners LP ().