Energy Transfer LP
ET-PD
New York Stock Exchange25.57
USD
-0.03
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Energy Transfer LP
ET-PD
(New York Stock Exchange)
Recent
price
25.57
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Energy Transfer LP (NYSE: ET) operates one of the largest and most diversified portfolios of energy assets in the United States, focusing on natural gas midstream gathering, processing, intrastate and interstate transportation and storage; crude oil, natural gas liquids (NGLs) and refined products transportation, terminaling and fractionation; and NGL exports. The company owns or operates more than 125,000 miles of pipelines across 44 states in all major U.S. production basins, including nearly 90,000 miles of natural gas pipelines such as 100% ownership of the Sea Robin, Revolution, Mariner East, Trunkline, Transwestern, Panhandle Eastern and Rover (32.6%) pipelines, as well as partial stakes in the Dakota Access (36.4%), Bayou Bridge (60%) and Florida Gas Transmission (50%) systems; it also provides natural gas compression, wholesale power trading, carbon dioxide and hydrogen sulfide removal services. Energy Transfer holds controlling interests in Sunoco LP (general partner and approximately 34% common units), USA Compression Partners LP (general partner and approximately 47% common units) and Lake Charles LNG Company, serving industrial end-users, utilities, storage facilities and export markets worldwide. Founded in 1996 and headquartered in Dallas, Texas, the company targets producers, marketers and consumers in the oil and gas industry across the U.S., with significant operations in Texas (11,600 miles of pipelines and storage facilities as of 2022) and key production areas like the Permian Basin. In recent developments, Energy Transfer completed acquisitions of Lotus Midstream (May 2023), Crestwood Equity Partners (November 2023) and WTG Midstream (July 2024), enhancing its natural gas gathering and processing footprint; it formed a joint venture with Sunoco LP for crude oil and produced water gathering in the Permian Basin. The company optimized the Grey Wolf processing plant to 250 MMcf/d capacity (November 2024), completed the initial phase of the Sabina 2 pipeline conversion increasing capacity to 40,000 barrels per day (December 2024), and commissioned the first of eight 10-megawatt natural gas-fired power plants; it approved the $2.7 billion Hugh Brinson intrastate pipeline, Mustang Draw processing plant (275 MMcf/d, in-service 1H 2026), ninth NGL fractionator at Mont Belvieu and Price River Terminal expansion (September 2025). Energy Transfer entered a long-term natural gas supply agreement with Cloudburst Data Centers for an AI data center (2025), signed a 20-year LNG SPA with Chevron for 2.0 million tonnes per annum from Lake Charles LNG (December 2024) and increased its quarterly distribution by 3.2% to $0.3250 per common unit ($1.30 annualized) in January 2025.