ET 📈 Energy Transfer - Overview

Energy Transfer LP is a leading provider of energy-related services, with a diverse portfolio of assets and operations that span multiple sectors of the energy industry. The company's core business includes the ownership and operation of a vast network of natural gas transportation pipelines, totaling approximately 20,090 miles, as well as natural gas storage facilities in key regions such as Texas and Oklahoma. This infrastructure enables the company to transport and store natural gas, which is then sold to a wide range of customers, including electric utilities, independent power plants, local distribution companies, and industrial end-users.

In addition to its natural gas operations, Energy Transfer LP also owns and operates a significant network of natural gas gathering pipelines, processing plants, and treating and conditioning facilities across several states, including Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, Montana, North Dakota, Wyoming, and Louisiana. The company's gathering and processing capabilities allow it to extract and process natural gas from various sources, which is then transported to markets for sale. Furthermore, Energy Transfer LP provides water transportation and supply services to natural gas producers in Pennsylvania, highlighting its commitment to supporting the entire energy production value chain.

The company's operations also extend to the natural gas liquids (NGL) sector, where it owns and operates approximately 5,700 miles of NGL pipeline, as well as NGL fractionation facilities, storage facilities, and other related assets and terminals. This infrastructure enables Energy Transfer LP to transport, store, and process NGLs, which are then sold to customers in various industries. Moreover, the company is involved in crude oil transportation, terminalling, acquisition, and marketing activities, with a network of approximately 14,500 miles of crude oil trunk and gathering pipelines in the Southwest, Midcontinent, and Midwest United States.

Energy Transfer LP's product offerings are further diversified through its sale and distribution of gasoline, middle distillate, and motor fuels, as well as other petroleum products. The company also provides a range of value-added services, including natural gas compression, carbon dioxide and hydrogen sulfide removal, and coal and natural resources property management. Additionally, Energy Transfer LP generates electrical power and sells standing timber, leases coal-related infrastructure facilities, and collects oil and gas royalties, demonstrating its ability to capitalize on various revenue streams within the energy sector.

With a history dating back to 1996, Energy Transfer LP has established itself as a major player in the energy industry, with a strong track record of growth and expansion. The company's headquarters in Dallas, Texas, serves as the central hub for its operations, which are guided by a commitment to safety, efficiency, and customer satisfaction. As a publicly traded company, Energy Transfer LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol ET, and its common stock is classified under the GICS Sub Industry of Oil & Gas Storage & Transportation.