Energy Transfer LP Unit (ET) Sector
Energy

(Current) $15.49
0.16 (1.04%) Open Price: 15.32

 

Energy Transfer LP is a leading pipeline transportation and energy storage company in the United States. The company was founded in 1995 and is headquartered in Dallas, Texas. The company operates through its various subsidiaries, including Energy Transfer Partners, Sunoco, and Lone Star NGL, among others. Energy Transfer's pipelines transport natural gas, crude oil, refined products, and natural gas liquids (NGLs) across the country.

 

Energy Transfer has a diversified asset portfolio that includes approximately 90,000 miles of pipelines, a significant storage capacity of over 100 million barrels, and several terminal facilities. The company's pipelines connect important natural gas and crude oil-producing regions such as the Marcellus and Utica shales, the Permian Basin, and the Bakken formation to major markets in the United States and beyond.

 

The company's storage facilities are used to store natural gas, crude oil, and other petroleum products. Energy Transfer also operates marine terminals in the United States, enabling it to transport crude oil and refined products by barge and tanker.

 

Energy Transfer has grown through acquisitions over the years, expanding its asset base and geographic reach. The company's acquisition of Sunoco in 2012 helped Energy Transfer to become a leading player in the retail fuel market in the United States. Additionally, Energy Transfer acquired the Lake Charles LNG terminal in 2020, which gives the company a foothold in the liquefied natural gas (LNG) market.

 



 

(06/17/24) $15.32
(06/18/24) $15.33
(06/18/24) (Qty.)8,781,044
(06/17/24) $15.15
(06/17/24) $15.41
(06/02/24) $15.10
(06/09/24) $15.72
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