Who owns Cayenne Pipeline, LLC

Cayenne Pipeline, LLC - Profile

Cayenne Pipeline, LLC is a Delaware registered company whose single asset is the Cayenne pipeline, a natural gas liquids line in southern Louisiana. It moves mixed NGLs from the gas processing plant at Venice, near the mouth of the Mississippi, to an interconnection with a third party NGL pipeline at Toca, from where the barrels travel on toward fractionation. The line was originally a natural gas pipeline and was converted to liquids service, entering operation in that role on 28 December 2017. The venture was formed in August 2017 when American Midstream Partners brought in Targa Midstream Services as a partner in what had until then been a wholly owned subsidiary, the two agreeing to share the conversion and construction costs, with Targa acting as operator of both the pipeline and the venture. The pipeline is registered as a common carrier with the Louisiana Public Service Commission rather than being regulated by FERC.

The disclosed stakes

One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.

Where each figure comes from

A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.

• Targa Resources Corp., as of 30 Jun 2026. Equity-method investment, Logistics and Transportation segment. Cayenne operates a pipeline that transports mixed NGLs from Targa's VESCO facility in Venice, LA to an interconnection with a third-party NGL pipeline in Toca, LA, per the FY2025 10-K. Carrying value was flat at $12.3 million at both 31 Dec 2025 and 30 Jun 2026 (equity earnings $4.3m offset by cash distributions of -$4.3m over the six months, per the 10-Q roll-forward). Book carrying value, not an independently sourced fair value of the whole entity. Other 50% owner not identified in the sections searched. sourcesource 2