Energy Transfer

Energy Transfer LP is a equity in the USA market. The price is 17.28 USD currently with a change of -0.34 USD (-0.02%) from the previous close. The latest open price was 17.33 USD and the intraday volume is 15,402,668. The intraday high is 17.66 USD and the intraday low is 17.24 USD. The latest trade time is Friday, August 8, 22:18:04 UTC.

Energy Transfer LP is a leading American energy company specializing in the transportation, storage, and terminaling of natural gas, crude oil, natural gas liquids (NGLs), refined products, and liquefied natural gas (LNG). Established in 1996 by founders Kelcy Warren and Ray Davis, the company has grown to become one of the most diversified publicly traded energy infrastructure partnerships in the United States.

Headquartered in Dallas, Texas, Energy Transfer operates an extensive network of pipelines and facilities across the country.

Infrastructure and Assets

As of 2023, Energy Transfer owns and operates over 125,000 miles of pipelines, making it one of the largest midstream companies in the U.S. This vast infrastructure includes:

• Nearly 90,000 miles of natural gas transportation pipelines
• Approximately 20,090 miles of interstate natural gas pipelines
• About 17,950 miles of crude oil trunk and gathering pipelines

The company’s assets also encompass NGL pipelines, fractionation facilities, storage facilities, and other terminaling assets.

Services and Operations

Energy Transfer's services cater to a diverse clientele, including electric utilities, independent power plants, local distribution companies, and industrial end-users. The company provides natural gas compression, carbon dioxide and hydrogen sulfide removal services, and manages coal and natural resource properties.

Additionally, Energy Transfer:

• Sells standing timber
• Leases coal-related infrastructure facilities
• Distributes gasoline and other petroleum products under the Sunoco and EcoMaxx brands

Expansion and Major Projects

In 2012, Energy Transfer expanded its operations by acquiring Sunoco, Inc., adding a significant retail and wholesale motor fuel operation to its portfolio. This acquisition included general partner interests, incentives distribution rights, and a limited partnership interest in Sunoco Logistics Partners L.P., which operates diverse pipelines, terminaling, and crude oil acquisition assets.

The company has also been involved in significant projects such as the Dakota Access Pipeline, a major crude oil pipeline that prompted environmental and social discussions.

In 2025, a North Dakota jury awarded $666.8 million in damages to Energy Transfer, holding Greenpeace USA and affiliates liable for defamation, trespass, nuisance, and civil conspiracy related to protests against the pipeline.

Headquarters and Locations

Energy Transfer is headquartered in Dallas, Texas.

Additionally, it has locations in:

• Pearland, TX, USA
• Missouri City, TX, USA

Industry Impact

Energy Transfer's commitment to infrastructure development and energy transportation has solidified its position as a key player in the U.S. energy sector. It contributes significantly to the nation's energy delivery both domestically and globally.