Energy Transfer LP
ET-PC
New York Stock Exchange25.57
USD
-0.02
- -
CIK
0001276187
ISIN
US29273V4077
CUSIP
29273V407
Return %
Stock
S&P500
1Y
5.23
26.53
3Y
11.51
76.60
5Y
11.51
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Marshall S. McCrea III
- Full Time Employees
- 12,565
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 8111 Westchester Drive Dallas TX United States of America 75225
- IPO Date
- Apr 6, 2021
- CIK
- 0001276187
- Website
- energytransfer.com
- Similar Companies
- Business
- Energy Transfer LP (NYSE: ET; ET-PC) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipelines spanning 44 states and all major U.S. production basins; the midstream energy company engages in natural gas midstream and intrastate transportation and storage; interstate natural gas transportation and storage; crude oil, natural gas liquids (NGLs) and refined products transportation and terminalling services; NGL storage and fractionation; and acquisition and marketing activities, including ownership of approximately 90,000 miles of natural gas pipelines, 5,650 miles of NGL pipelines, NGL fractionation and storage facilities with 58 million barrels capacity, crude oil pipelines such as 36.4% interests in Dakota Access and Energy Transfer Crude Oil Pipelines and 60% in Bayou Bridge, refined products pipelines via Sunoco LP in which it holds controlling interests, and Sunoco Logistics Partners Operations L.P.; it also provides gathering, processing, compression, treating and conditioning services for natural gas and NGLs across Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, Louisiana and South Texas, alongside terminaling for NGLs, refined products and LNG at facilities including Lake Charles LNG import terminal; founded in 1996 by Kelcy Warren and Ray Davis and headquartered in Dallas, Texas, the company serves industrial end-users, utilities, power generators, storage facilities and other pipelines primarily in the U.S. with significant operations in Texas where it controls 11,600 miles of pipelines and two storage facilities; recent developments include the 2023 acquisition of Crestwood Equity Partners for $7.1 billion and Lotus Midstream, the 2024 acquisition of WTG Midstream, completion of the first of eight 10-megawatt natural gas-fired electric generation facilities, entry into a joint venture with Sunoco LP for Permian Basin crude oil and produced water gathering assets, announcement of the $2.7 billion Hugh Brinson Pipeline for Permian production to Texas markets, a 20-year LNG sale and purchase agreement with Chevron for 2.0 million tonnes per annum from Lake Charles LNG, long-term natural gas supply agreements with CloudBurst Data Centers, Oracle and Fermi America for data centers totaling around 900 MMcf/d, progress toward final investment decisions on Lake Charles LNG export project, Mustang Draw II processing plant and Desert Southwest pipeline expansion, alongside reduced 2025 growth capital guidance to $4.6 billion and planned $5 billion investment in 2026 for projects like ninth NGL fractionator at Mont Belvieu, Badger and Red Lake IV processing plants, and Nederland Flexport NGL expansions yielding mid-teen returns.