News:
Chevron to Buy LNG From Energy Transfer's Louisiana Terminal
Energy Transfer
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ShareKey facts
- city: Dallas
- state: TX
- country: United States
- sector: Energy
- foundation year: 1995
- industry: Oil, Gas & Consumable Fuels
- CEO: Marshall S. McCrea III
- CEO gender: Male
Classified as: organization
Summary
Energy Transfer is a company. It is located in Dallas, the United States and was founded in 1995. The company is part of the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry.
Business
Energy Transfer is one of the companies in the United States, companies in Oil, Gas & Consumable Fuels, companies in Energy and 3,466,499 companies in our database.
- Assets: 106B $
- Debt: 50.3B $
- Employees: 12,558 people
- Free cash flow: 2.2B $
- Market cap: 36.7B $
- Profits: 5.5B $
- Revenues: 70.9B $
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Talking Points:
- We are a premier provider of midstream energy services. | Energy Transfer is a Texas based company that began in 1996 as a small intrastate natural gas pipeline operator and is now one of the largest and most diversified investment grade master limited partnerships in the United States. Growing from roughly 200 miles of natural gas pipelines in ...
- 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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