Energy Transfer (NYSE:ET) (NYSE: ET) is a diversified midstream energy company that owns and operates an integrated network of pipelines, storage terminals, and processing facilities. The firm’s core activities include natural gas gathering and transportation, natural gas liquid fractionation and marketing, crude oil gathering and transportation, refined product distribution, and propane distribution. Its asset base spans gathering lines in unconventional shale regions, high-capacity transmission lines, and strategically located terminals that serve domestic and global markets.
Since its formation in 1995 by Executive Chairman Kelcy Warren, Energy Transfer has grown through a series of strategic acquisitions and organic expansions. Notable additions to its portfolio include the acquisition of Sunoco LP’s midstream assets, the purchase of Regency Energy Partners, and the development of major projects such as the Dakota Access Pipeline and the Rover Pipeline. Together, these projects have enhanced the company’s ability to deliver feedstock to Gulf Coast export terminals and to interconnect key supply basins with major consumption centers.
Energy Transfer’s operations extend across more than 40 states, the Gulf of Mexico and parts of Mexico, providing critical infrastructure in regions such as the Permian Basin, the Marcellus and Utica shales, and the Gulf Coast chemical complex. Its footprint includes processing plants, fractionators, underground salt-domed storage, and marine terminals capable of handling liquefied petroleum gas (LPG) exports. The company serves a diverse customer base, from independent producers and refineries to utilities and large industrial users.
Led by President and CEO Marshall McCrea alongside a seasoned executive team, Energy Transfer emphasizes operational safety, environmental stewardship and reliability. The company continues to explore opportunities to optimize its asset network, invest in clean-energy solutions and deliver consistent service to its customers, positioning itself to meet evolving energy demand and regulatory landscapes.
