Energy Transfer Partners, L.P.
ETP
New York Stock Exchange- -
USD
- -
- -
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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- IPO Date
- Jun 25, 1996
- Similar Companies
- Business
- Energy Transfer Partners, L.P. (ETP) operates as a master limited partnership engaged in the development, ownership, and operation of energy midstream assets across the United States. The company provides natural gas midstream services, including transportation, gathering, processing, compression, and storage; crude oil and natural gas liquids (NGLs) transportation, fractionation, storage, and terminalling; and interstate and intrastate natural gas transmission and storage services. ETP offers proprietary products such as NGLs fractionation and marketing, propylene production and export, and refined products transportation via pipelines, barges, and trucks; it also manages fee-based marketing services for power and natural gas consumers, as well as water services for shale operations. Headquartered in Dallas, Texas, and founded in 1996, ETP conducts operations primarily in major U.S. producing basins, including the Permian, Eagle Ford, Bakken, and Marcellus shales, serving producers, refiners, and utilities across 44 states with approximately 125,000 miles of pipelines and extensive storage capacity exceeding 300 million barrels for crude oil and NGLs. The partnership targets upstream, midstream, and downstream customers in the oil and gas industry through its segments: intrastate transportation and storage, interstate transportation and storage, midstream gathering/processing, crude oil, NGLs, and refined products. In recent developments, Energy Transfer LP (the parent entity) completed the acquisition of WTG Midstream Holdings LLC in September 2024 for $3.25 billion, expanding its natural gas gathering and processing footprint in the Permian Basin with over 6,000 miles of pipelines. The company also announced a strategic partnership with Sunoco LP in late 2024 to enhance refined products logistics and formed alliances for carbon capture and storage projects to support energy transition initiatives. Additionally, ETP launched new NGL export capacity expansions at its Nederland Terminal in 2025, increasing throughput by 20%, alongside ongoing debt refinancing and distribution growth amid favorable commodity dynamics.