Energy Transfer LP (ET-I)

Overview

Energy Transfer LP is an eminent entity in the energy sector, offering a wide array of services related to energy. The company, which transformed its name from Energy Transfer Equity, L.P. to Energy Transfer LP in October 2018, was established in 1996. With its headquarters based in Dallas, Texas, the corporation has carved out a significant presence in the field of energy transportation, storage, and distribution. It operates a vast network of pipelines, storage facilities, and processing plants across various states in the United States, making it a pivotal player in the energy infrastructure domain.

Products and Services

Energy Transfer LP’s diverse suite of products and services carves a comprehensive path in the energy sector, encompassing the transportation, storage, and processing of natural gas, natural gas liquids (NGLs), and crude oil, as well as the distribution of various petroleum products. Below is a detailed overview:

• Natural Gas Transportation and Storage: The company owns and operates an extensive network, including approximately 11,600 miles of natural gas transportation pipelines and five storage facilities across Texas and Oklahoma. These facilities play a crucial role in ensuring the effective distribution and availability of natural gas.
• Interstate Natural Gas Pipeline: With 19,945 miles of interstate natural gas pipeline, Energy Transfer provides critical infrastructure for the transportation of natural gas to utilities, power plants, and other end-users across different states.
• Natural Gas and NGL Pipeline and Processing: The operations extend to gathering, processing, and treating natural gas and NGLs, with facilities located in major gas-producing states such as Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This includes the handling and treatment of natural gas to meet market conditions and compliance requirements.
• Crude Oil and Water Transportation and Services: Energy Transfer also manages crude oil pipelines and stabilization facilities, particularly in South Texas. Additionally, the company supports the natural gas production industry by transporting and supplying water in Pennsylvania, critical for hydraulic fracturing operations.
• NGL Infrastructure: The company owns approximately 5,650 miles of NGL pipelines, fractionation facilities, and storage assets with significant working and aggregate capacities. This infrastructure supports the processing, storage, and transportation of NGLs to meet consumer and industrial demand.
• Petroleum Products Distribution: Beyond raw natural resources, Energy Transfer is involved in the marketing and distribution of refined petroleum products such as gasoline, diesel, and other motor fuels. This segment ensures the availability of these essential products to a wide range of customers, including retail gas stations and industrial consumers.
• Additional Services: Offering more than just transportation and storage, the company provides services like natural gas compression, carbon dioxide and hydrogen sulfide removal, and power generation. It also deals with the management of coal and natural resources, timber sales, infrastructure facility leasing for coal, and the collection of oil and gas royalties.