El Paso Corp.

Public Company, Headquarters Location
PO Box 2511, Houston, TX 77002-5089, United States
(713)420-2600, http://www.elpaso.com

Primary SIC: Natural Gas Transmission, Primary NAICS: Pipeline Transportation of Natural Gas
Description: The El Paso Corporation was founded in 1928 in El Paso, Texas. The company primarily operates in the natural gas transmission and exploration and production sectors of the energy industry, functioning in four segments: Pipelines, Exploration and Production, Marketing and Power. The Pipelines segment includes the company's interstate natural gas transmission systems and related operations conducted through four separate, wholly-owned pipeline systems, three majority-owned systems and four partially-owned systems, as well as transmission, storage and terminalling facilities. Its Exploration and Production segment focuses on the exploration for and the acquisition, development and production of natural gas, oil and natural gas liquids in the U.S., Brazil and Egypt. As of December 2008, the company controlled 3.8 million net leasehold acres under this segment. Its Marketing segment's primary focus is to market its Exploration and Production segment's natural gas and oil production and to manage the company's overall price risk. As of December 2008, its Power segment primarily included the ownership and operation of its remaining investments in international power generation and pipeline facilities, including ownership interest in one power generating facility in Brazil and one in Pakistan, and pipeline running from Bolivia to Brazil and from Argentina to Chile. More

Utilities: Natural gas processing.