<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
PANHANDLE EASTERN PIPE LINE COMPANY QUARTERLY REPORT ON FORM 10-Q FOR THE YEAR
ENDED MARCH 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000076063
<NAME> PANHANDLE EASTERN PIPE LINE COMPANY
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                               0
<SECURITIES>                                         0
<RECEIVABLES>                                    99000
<ALLOWANCES>                                         0
<INVENTORY>                                      23000
<CURRENT-ASSETS>                                259000
<PP&E>                                         1640000
<DEPRECIATION>                                   67000
<TOTAL-ASSETS>                                 2615000
<CURRENT-LIABILITIES>                           138000
<BONDS>                                        1193000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                          1000
<OTHER-SE>                                     1129000
<TOTAL-LIABILITY-AND-EQUITY>                   2615000
<SALES>                                              0
<TOTAL-REVENUES>                                136000
<CGS>                                                0
<TOTAL-COSTS>                                    44000
<OTHER-EXPENSES>                                 22000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               19000
<INCOME-PRETAX>                                  70000
<INCOME-TAX>                                     20000
<INCOME-CONTINUING>                              32000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     32000
<EPS-BASIC>                                          0<F1>
<EPS-DILUTED>                                        0<F1>
<FN>
<F1>Not meaningful since Panhandle Eastern Pipe Line Company is a wholly-owned
subsidiary.
</FN>