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Energy Transfer LP Company Profile

TXSE: ETEnergyOil & Gas MidstreamUSD

20.62+0.14 (+0.68%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Pre-market: 20.63 +0.05%

Energy Transfer at a glance

Energy Transfer LP (TXSE: ET) is a Oil & Gas Midstream company in the Energy sector headquartered in Dallas, TX. Energy Transfer is led by Mr. Marshall S. McCrea III and employs about 22,311 people. At a market capitalization of $70.52 billion, it is considered a large-cap company.

Its SEC Central Index Key (CIK) is 0001276187, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Energy Transfer do?

Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, compression, treating, dehydration and processing, oil pipeline facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, trucking, acquisition, and marketing activities; owns and operates approximately 18,000 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as management of coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

Business description based on the company's public filings.

Company information

Legal name
Energy Transfer LP
Ticker
TXSE: ET
Sector
Energy
Industry
Oil & Gas Midstream
CEO
Mr. Marshall S. McCrea III
Employees
22,311
Headquarters
8111 Westchester Drive, Dallas, TX, United States
Phone
214 981 0700
Market cap
$70.52B
SEC CIK
0001276187

Companies similar to Energy Transfer

ET peer companies
CompanyPrice% ChgMarket capCompare
SUNCSunocoCorp LLC72.23+1.38%$3.72Bvs ET

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