COVID Stimulus Watch Individual Entry
Recipient Company:
Enterprise Products Operating LLC
Loan or Loan Guarantee Amount:
$1,099,618
Recipient Details
Ownership Structure: publicly traded (ticker symbol EPD)
Award Details
Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Enterprise Products Partners
Headquartered in: Texas
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 7,300
Accountability Issues Since 2010
Employment-related Penalties: $258,823
Government-contracting-related Penalties: $566,400
Environmental / Healthcare / Safety Penalties: $12,654,061
Consumer Protection / Financial / Competition-related Penalties: $7,549,539
Ratio of CEO Pay to that of Median Worker: 89 to 1
CEO Compensation: $10,537,661
Worker Median Pay: $118,763
Total Federal, State, and Local Subsidies: $151,811,314
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