Company

Energy Transfer LP

Headquarters: Dallas, TX, United States

Founded: 1995

Employees: 12,558

CEO: Mr. Marshall S. McCrea III

NYSE: ET -0.19%

Market Cap

$47.14 Billion

USD as of Jan. 1, 2024

Market Cap History

Energy Transfer LP market capitalization over time

Evolution of Energy Transfer LP market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Energy Transfer LP

Detailed Description

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

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Stocks & Indices

Energy Transfer LP has the following listings and related stock indices.


Stock: NYSE: ET wb_incandescent

Stock: NYSE: ET.PR.C wb_incandescent

Stock: NYSE: ET.PR.D wb_incandescent

Stock: NYSE: ET.PR.E wb_incandescent

Key People

Founder(s): Kelcy Warren Ray Davis

Kelcy Warren, Chairman Thomas E. Long, Co-CEO Marshall S. (Mackie) Mc Crea, III, Co-CEO Bradford D. Whitehurst, CFO Rick Perry, Director

Financials

Revenue: $38.954 billion (2020)

Net income: -$647 million (2020)


Total assets: $95.144 billion (2020)

Total equity: $31.388 billion (2020)

Details

Headquarters:

8111 Westchester Drive

Suite 600

Dallas, TX 75225

United States

Phone: 214-981-0700

Fax: 214-981-0703