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Energy Transfer
Energy Transfer LP is an American company engaged in the pipeline transportation, storage, and terminaling for natural gas, crude oil, NGLs, refined products and liquid natural gas. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1996 by Ray Davis and Kelcy Warren, who remains Executive Chairman.
As of 2023, the company owns or operates more than 125,000 miles (201,000 km) of pipelines throughout the U.S., making it one of the largest midstream companies in the country. It is also one of the largest exporters of NGLs in the world.
Energy Transfer owns controlling interests in Sunoco LP. It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
Energy Transfer's natural gas business includes nearly 90,000 miles (140,000 km) of natural gas transportation pipelines that receive natural gas from other mainline transportation pipelines, storage facilities and gathering systems and deliver the natural gas to industrial end-users, storage facilities, utilities and other pipelines.
Energy Transfer owns:
As of 2022, it controlled 11,600 miles of pipelines and two storage facilities in the state of Texas.
The company was founded by Kelcy Warren and Ray Davis in 1996. In 2011, Energy Transfer and Regency Energy Partners formed a joint venture to purchase midstream assets from Louis Dreyfus Highbridge Energy for $2 billion, now known as Castleton Commodities International.
In October 2012, Sunoco, Inc., became a wholly owned subsidiary of the company. It acquired the general partner interests, 100% of the incentive distribution rights, and a 32.4% limited partnership interest in Sunoco Logistics Partners L.P., which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminating and crude oil acquisition and marketing assets. The same year it acquired Southern Union Company which added more than 20,000 miles of gathering and transportation pipeline to its portfolio.
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Energy Transfer
Energy Transfer LP is an American company engaged in the pipeline transportation, storage, and terminaling for natural gas, crude oil, NGLs, refined products and liquid natural gas. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1996 by Ray Davis and Kelcy Warren, who remains Executive Chairman.
As of 2023, the company owns or operates more than 125,000 miles (201,000 km) of pipelines throughout the U.S., making it one of the largest midstream companies in the country. It is also one of the largest exporters of NGLs in the world.
Energy Transfer owns controlling interests in Sunoco LP. It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
Energy Transfer's natural gas business includes nearly 90,000 miles (140,000 km) of natural gas transportation pipelines that receive natural gas from other mainline transportation pipelines, storage facilities and gathering systems and deliver the natural gas to industrial end-users, storage facilities, utilities and other pipelines.
Energy Transfer owns:
As of 2022, it controlled 11,600 miles of pipelines and two storage facilities in the state of Texas.
The company was founded by Kelcy Warren and Ray Davis in 1996. In 2011, Energy Transfer and Regency Energy Partners formed a joint venture to purchase midstream assets from Louis Dreyfus Highbridge Energy for $2 billion, now known as Castleton Commodities International.
In October 2012, Sunoco, Inc., became a wholly owned subsidiary of the company. It acquired the general partner interests, 100% of the incentive distribution rights, and a 32.4% limited partnership interest in Sunoco Logistics Partners L.P., which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminating and crude oil acquisition and marketing assets. The same year it acquired Southern Union Company which added more than 20,000 miles of gathering and transportation pipeline to its portfolio.