Market Summary
USD13.35-0.43
Delayedas of 03 Oct 2023, 12:00 pm-3.12%
ET Stock Price
ET RSI Chart
ET Valuation
ET Price/Sales (Trailing)
ET Profitability
ET Fundamentals
ET Revenue
ET Earnings
Price Action
52 Week Range
10.5914.09
(Low)(High)
Last 7 days
-1.6%
Last 30 days
1.2%
Last 90 days
7.2%
Trailing 12 Months
30.7%
ET Financial Health
ET Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for ET
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-05 | MCCREA MARSHALL S III | bought | 689,500 | 13.79 | 50,000 | co-ceo |
2023-09-01 | MCCREA MARSHALL S III | bought | 682,000 | 13.64 | 50,000 | co-ceo |
2023-08-22 | Whitehurst Bradford D. | bought | 130,000 | 13.00 | 10,000 | evp |
2023-08-21 | WARREN KELCY L | bought | 14,950,000 | 13.00 | 1,150,000 | executive chairman |
2023-08-18 | WARREN KELCY L | bought | 14,245,000 | 12.95 | 1,100,000 | executive chairman |
2023-08-17 | WARREN KELCY L | bought | 9,697,500 | 12.93 | 750,000 | executive chairman |
2023-05-30 | Whitehurst Bradford D. | bought | 124,334 | 12.4334 | 10,000 | evp |
2023-05-24 | WARREN KELCY L | bought | 4,466,000 | 12.76 | 350,000 | executive chairman |
2023-05-23 | WARREN KELCY L | bought | 5,112,000 | 12.78 | 400,000 | executive chairman |
2023-05-22 | WARREN KELCY L | bought | 9,592,500 | 12.79 | 750,000 | executive chairman |
Which funds bought or sold ET recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | reduced | -2.05 | -396,075 | 160,363,000 | 0.63% |
2023-09-21 | Jefferies Group LLC | added | 0.97 | 238,914 | 2,300,050 | 0.02% |
2023-09-20 | BARCLAYS PLC | reduced | -12.25 | -14,277,000 | 119,948,000 | 0.08% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 75.00 | 4,140 | -% |
2023-09-12 | Prosperity Financial Group, Inc. | reduced | -24.54 | -47,051 | 156,210 | 0.14% |
2023-09-11 | BLUEFIN CAPITAL MANAGEMENT, LLC | reduced | -45.66 | -1,121,040 | 1,389,380 | 0.26% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | added | 12.77 | 3,756 | 29,045 | 0.01% |
2023-09-07 | Strategic Financial Concepts, LLC | added | 8.27 | 21,578 | 231,759 | 0.09% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 5,124 | 282,906 | 0.36% |
2023-08-30 | Western Wealth Management, LLC | reduced | -0.2 | 12,329 | 761,996 | 0.06% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Energy Transfer Equity
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | blackstone holdings i/ii gp l.l.c. | 5.2% | 160,737,127 | SC 13G/A | |
| Feb 11, 2022 | blackstone holdings i/ii gp l.l.c. | 5.6% | 171,553,052 | SC 13G | |
| Dec 10, 2021 | centerpoint energy inc | 6.5% | 200,999,768 | SC 13G | |
| Feb 16, 2021 | blackstone holdings i/ii gp l.l.c. | 4.95% | 133,615,682 | SC 13G/A | |
| Apr 29, 2020 | blackstone holdings i/ii gp l.l.c. | 6.9% | 184,731,265 | SC 13G |
Recent SEC filings of Energy Transfer Equity
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 29, 2023 | 424B3 | Prospectus Filed | |
| Sep 29, 2023 | EFFECT | EFFECT | |
| Sep 27, 2023 | S-4/A | Mergers and Acquisition | |
| Sep 26, 2023 | 425 | Prospectus Filed | |
| Sep 15, 2023 | S-4 | Mergers and Acquisition | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 4 | Insider Trading | |
| Aug 24, 2023 | 425 | Prospectus Filed | |
| Aug 23, 2023 | 4 | Insider Trading | |
| Aug 21, 2023 | 8-K | Current Report |
Peers (Alternatives to Energy Transfer Equity)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CQP | - | 14.5B | 0.11% | 4.70% | - | - | 11.12% | 227.86% |
ET | 40.6B | 80.8B | 1.17% | 30.67% | 8.97 | 1.48 | -1.23% | 0.82% |
WMB | 40.1B | 11.5B | -5.07% | 15.02% | 15.1 | 3.48 | 7.16% | 69.50% |
KMI | 36.0B | 17.1B | -5.72% | -1.36% | 14.34 | 2.1 | -3.10% | 3.16% |
OKE | 27.7B | 19.2B | -5.64% | 22.63% | 11.38 | 1.44 | -10.28% | 54.38% |
| MID-CAP | ||||||||
NFE | 6.4B | 2.4B | -2.22% | -28.51% | 16.15 | 2.65 | 18.38% | 86.75% |
ENLC | 4.7B | 8.0B | -5.90% | 35.86% | 12.19 | 0.52 | -9.16% | 99.38% |
ETRN | 4.0B | 1.4B | -6.22% | 31.69% | -14.91 | 2.88 | 9.71% | 80.43% |
DKL | 2.0B | 1.1B | -6.90% | -15.14% | 13.01 | 1.9 | 42.53% | -0.22% |
DCP | - | 11.9B | 0.51% | 28.75% | - | - | -14.57% | 7.44% |
| SMALL-CAP | ||||||||
NS | 1.9B | 308.0M | 2.02% | 30.53% | 8.53 | 8.41 | 145.69% | 7305.10% |
SMLP | - | 384.8M | -0.87% | -9.12% | - | - | -2.94% | 38.53% |
VTNR | 405.6M | 3.1B | -2.47% | -30.18% | 10.37 | 0.13 | 156.21% | 157.73% |
Energy Transfer Equity News
Returns for ET
Cumulative Returns on ET
12.8%
10-Year Cumulative Returns
5.2%
7-Year Cumulative Returns
3.2%
5-Year Cumulative Returns
45.8%
3-Year Cumulative Returns
Risks for ET
What is the probability of a big loss on ET?
68.8%
Probability that Energy Transfer Equity stock will be more than 20% underwater in next one year
38.9%
Probability that Energy Transfer Equity stock will be more than 30% underwater in next one year.
24.6%
Probability that Energy Transfer Equity stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ET drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Energy Transfer Equity was unfortunately bought at previous high price.
Drawdowns
Financials for Energy Transfer Equity
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -8.6% | 80,755 | 88,380 | 89,876 | 88,032 | 81,757 | 70,913 | 67,417 | 58,794 | 52,085 | 44,322 | 38,954 | 42,640 | 46,180 | 52,719 | 54,213 | 54,066 | 55,085 | 55,326 | 54,087 | 51,965 | 47,435 |
| Operating Expenses | 0.8% | 4,448 | 4,414 | 4,338 | 3,971 | 3,896 | 3,703 | 3,574 | 3,381 | 3,256 | 3,159 | 3,218 | 3,310 | 3,343 | 3,365 | 3,294 | 3,215 | 3,193 | 3,173 | 3,089 | 2,757 | 2,891 |
| S&GA Expenses | 1.7% | 1,043 | 1,026 | 1,018 | 1,037 | 874 | 847 | 818 | 739 | 717 | 708 | 711 | 750 | 747 | 751 | 694 | 686 | 697 | 701 | 702 | 634 | 592 |
| EBITDA | - | - | - | - | - | 10,879 | 10,761 | 12,955 | 12,682 | 11,318 | 11,108 | 6,382 | 6,585 | 8,068 | 8,388 | 10,498 | 10,017 | - | - | - | - | - |
| EBITDA Margin | - | - | - | - | - | 0.13* | 0.15* | 0.19* | 0.22* | 0.22* | 0.25* | 0.16* | 0.15* | 0.17* | 0.16* | 0.19* | 0.19* | - | - | - | - | - |
| Interest Expenses | 2.7% | 2,429 | 2,366 | 2,306 | 2,268 | 2,249 | 2,237 | 2,267 | 2,290 | 2,301 | 2,314 | 2,327 | 2,334 | 2,344 | 2,343 | 2,331 | 2,291 | 2,247 | 2,179 | 2,055 | 1,993 | 1,948 |
| Earnings Before Taxes | - | - | - | - | - | - | - | - | 6,592 | 5,248 | 5,029 | 377 | 767 | 2,368 | 2,840 | 5,020 | 7,078 | 7,178 | 6,662 | 3,689 | 2,195 | 1,438 |
| EBT Margin | - | - | - | - | - | 0.06* | 0.07* | 0.10* | 0.11* | 0.10* | 0.11* | 0.01* | 0.02* | 0.05* | 0.05* | 0.09* | 0.09* | - | - | - | - | - |
| Net Income | -9.0% | 4,185 | 4,600 | 4,756 | 4,522 | 4,151 | 3,451 | 5,470 | 5,382 | 4,092 | 3,819 | -324 | 119 | 1,935 | 2,790 | 4,825 | 4,401 | 4,631 | 4,056 | 3,365 | 2,764 | 1,625 |
| Net Income Margin | -100.0% | - | 0.05* | 0.05* | 0.05* | 0.20* | 0.05* | 0.08* | 0.09* | 0.08* | 0.09* | -0.01* | 0.00* | 0.03* | 0.04* | 0.07* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 10,031 | 9,051 | 9,452 | 8,726 | 8,377 | 11,162 | 11,329 | 11,362 | 10,700 | 7,361 | 7,545 | 7,321 | 8,057 | 8,056 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.6% | 105,132 | 104,521 | 105,643 | 105,735 | 108,769 | 109,192 | 105,963 | 96,698 | 96,242 | 96,218 | 95,144 | 95,195 | 95,907 | 95,541 | 98,973 | 91,856 | 90,812 | 89,773 | 88,413 | 88,187 | 87,417 |
| Current Assets | -6.8% | 10,598 | 11,370 | 12,081 | 12,159 | 15,434 | 15,699 | 10,537 | 9,049 | 8,208 | 7,820 | 6,317 | 6,150 | 5,156 | 5,119 | 7,464 | 7,066 | 7,198 | 7,127 | 6,445 | 7,527 | 7,593 |
| Cash Equivalents | 0% | 330 | 330 | 257 | 326 | 353 | 1,111 | 336 | 313 | 282 | 355 | 367 | 275 | 155 | 196 | 291 | 211 | 445 | 529 | 419 | 398 | 519 |
| Inventory | 10.9% | 2,271 | 2,047 | 2,461 | 2,490 | 2,216 | 1,981 | 2,014 | 1,811 | 1,664 | 1,810 | 1,739 | 1,723 | 1,593 | 1,024 | 1,532 | 1,814 | 1,832 | 1,722 | 1,372 | 2,066 | 1,802 |
| Net PPE | 1.4% | 81,149 | 80,004 | 80,311 | 80,261 | 79,868 | 80,035 | 81,607 | 74,271 | 74,551 | 74,804 | 75,107 | 75,128 | 74,941 | 74,586 | 74,193 | 69,169 | 68,187 | 67,317 | 66,962 | 65,643 | 64,880 |
| Goodwill | -0.1% | 2,564 | 2,566 | 2,566 | 2,553 | 2,553 | 2,533 | 2,533 | 2,395 | 2,391 | 2,391 | 2,391 | 2,418 | 3,868 | 3,835 | 5,167 | 4,870 | 4,883 | 4,885 | 4,885 | 5,242 | 5,173 |
| Current Liabilities | 28.1% | 13,013 | 10,162 | 10,368 | 11,243 | 13,475 | 13,719 | 10,835 | 9,834 | 8,547 | 7,779 | 5,923 | 6,047 | 5,003 | 6,166 | 7,724 | 7,037 | 6,429 | 6,695 | 9,310 | 10,219 | 7,636 |
| LT Debt, Current | 172850.0% | 3,459 | 2.00 | 2.00 | 2.00 | 2.00 | 652 | 680 | 678 | 674 | 23.00 | 21.00 | 21.00 | 34.00 | 33.00 | 26.00 | 14.00 | 7.00 | 157 | 2,655 | 2,655 | 160 |
| LT Debt, Non Current | -5.4% | 44,672 | 47,229 | 48,260 | 47,413 | 48,104 | 48,826 | 49,022 | 44,793 | 45,612 | 47,712 | 51,417 | 51,424 | 51,251 | 50,299 | 51,028 | 46,840 | 46,499 | 46,373 | 43,379 | 42,117 | 44,473 |
| Shareholder's Equity | 0.7% | 40,962 | 40,669 | 40,659 | 40,568 | 40,765 | 40,329 | 39,345 | 35,349 | 35,275 | 34,254 | 31,388 | 31,291 | 32,892 | 32,530 | 33,938 | 32,174 | 32,123 | 31,167 | 31,017 | 31,033 | 30,383 |
| Accumulated Depreciation | 3.5% | 27,569 | 26,639 | 25,685 | 24,779 | 23,856 | 22,932 | 22,384 | 21,504 | 20,677 | 19,868 | 19,008 | 18,111 | 17,328 | 16,373 | 15,597 | 14,864 | 14,164 | 13,473 | 12,813 | 12,176 | 11,529 |
| Minority Interest | - | - | - | 7,634 | - | - | - | 8,045 | - | - | - | 12,859 | - | - | - | 12,018 | - | - | - | 10,291 | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 1.8% | 10,213 | 10,031 | 9,051 | 9,452 | 8,726 | 8,377 | 11,162 | 11,329 | 11,362 | 10,688 | 7,361 | 7,545 | 7,321 | 8,069 | 8,056 | 8,177 | 8,238 | 7,182 | 7,506 | 6,314 | 6,128 |
| Share Based Compensation | 1.7% | 118 | 116 | 115 | 118 | 117 | 119 | 111 | 109 | 113 | 127 | 121 | 121 | 118 | 106 | 113 | 108 | 108 | 111 | 105 | 105 | 107 |
| Cashflow From Investing | -33.9% | -4,759 | -3,554 | -4,022 | -3,945 | -3,400 | -3,411 | -2,775 | -2,944 | -3,464 | -3,976 | -4,898 | -6,372 | -6,755 | -7,393 | -6,934 | -6,735 | -6,880 | -6,472 | -7,075 | -5,584 | -7,206 |
| Cashflow From Financing | 24.5% | -5,477 | -7,258 | -5,108 | -5,494 | -5,255 | -4,210 | -8,418 | -8,347 | -7,771 | -6,553 | -2,387 | -1,109 | -856 | -1,009 | -1,250 | -1,625 | -1,426 | -722 | -3,082 | -3,558 | -1,548 |
| Buy Backs | - | - | - | - | - | - | - | 31.00 | - | - | - | - | - | - | - | 25.00 | -24.00 | -24.00 | -24.00 | - | 24.00 | 24.00 |
ET Income Statement
2023-06-30Consolidated Statements Of Operations - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| REVENUES: | ||||
| Total revenues | $ 18,320 | $ 25,945 | $ 37,315 | $ 46,436 |
| COSTS AND EXPENSES: | ||||
| Cost of products sold | 14,092 | 21,515 | 28,702 | 37,653 |
| Operating expenses | 1,094 | 1,060 | 2,119 | 2,009 |
| Depreciation, depletion and amortization | 1,061 | 1,046 | 2,120 | 2,074 |
| Selling, general and administrative | 228 | 211 | 466 | 441 |
| Impairment losses | 10 | 0 | 11 | 300 |
| Total costs and expenses | 16,485 | 23,832 | 33,418 | 42,477 |
| OPERATING INCOME | 1,835 | 2,113 | 3,897 | 3,959 |
| OTHER INCOME (EXPENSE): | ||||
| Interest expense, net of interest capitalized | (641) | (578) | (1,260) | (1,137) |
| Equity in earnings of unconsolidated affiliates | 95 | 62 | 183 | 118 |
| Gains on interest rate derivatives | 35 | 129 | 15 | 243 |
| INCOME BEFORE INCOME TAX EXPENSE | 1,341 | 1,708 | 2,859 | 3,186 |
| Income tax expense | 108 | 86 | 179 | 77 |
| Net income | 1,233 | 1,622 | 2,680 | 3,109 |
| Less: Net income attributable to noncontrolling interests | 308 | 284 | 629 | 489 |
| Less: Net income attributable to redeemable noncontrolling interests | 14 | 12 | 27 | 25 |
| NET INCOME ATTRIBUTABLE TO PARTNERS | 911 | 1,326 | 2,024 | 2,595 |
| Less: General Partner’s interest in net income | 1 | 1 | 2 | 2 |
| Preferred Unitholders’ interest in net income | 113 | 105 | 222 | 211 |
| Common Unitholders’ interest in net income | $ 797 | $ 1,220 | $ 1,800 | $ 2,382 |
| NET INCOME PER COMMON UNIT: | ||||
| Basic | $ 0.25 | $ 0.40 | $ 0.58 | $ 0.77 |
| Diluted | $ 0.25 | $ 0.39 | $ 0.57 | $ 0.77 |
| Other, net | $ 17 | $ (18) | $ 24 | $ 3 |
| Refined product sales | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | 5,834 | 7,950 | 11,288 | 13,396 |
| NGL sales | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | 3,489 | 5,896 | 7,649 | 11,005 |
| Natural gas sales | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | 685 | 2,429 | 1,584 | 4,182 |
| Other | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | 268 | 222 | 495 | 410 |
| Crude sales | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | 5,233 | 6,683 | 10,711 | 11,985 |
| Gathering, transportation and other fees | ||||
| NET INCOME PER COMMON UNIT: | ||||
| Revenue | $ 2,811 | $ 2,765 | $ 5,588 | $ 5,458 |
ET Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 330 | $ 257 |
| Accounts receivable, net | 7,294 | 8,466 |
| Inventories | 2,271 | 2,461 |
| Income taxes receivable | 82 | 68 |
| Derivative assets | 15 | 10 |
| Other current assets | 517 | 726 |
| Total current assets | 10,598 | 12,081 |
| Property, plant and equipment | 108,718 | 105,996 |
| Accumulated depreciation and depletion | (27,569) | (25,685) |
| Property, Plant and Equipment, Net | 81,149 | 80,311 |
| Investments in unconsolidated affiliates | 3,007 | 2,893 |
| Non-current derivative assets | 3 | 0 |
| Lease right-of-use assets, net | 826 | 819 |
| Other non-current assets, net | 1,684 | 1,558 |
| Intangible assets, net | 5,301 | 5,415 |
| Goodwill | 2,564 | 2,566 |
| Total assets | 105,132 | 105,643 |
| LIABILITIES AND EQUITY | ||
| Accounts payable | 6,169 | 6,952 |
| Derivative liabilities | 7 | 23 |
| Operating lease current liabilities | 45 | 45 |
| Accrued and other current liabilities | 3,323 | 3,329 |
| Current maturities of long-term debt | 3,459 | 2 |
| Total current liabilities | 13,013 | 10,368 |
| Long-term debt, less current maturities | 44,672 | 48,260 |
| Non-current derivative liabilities | 23 | 23 |
| Non-current operating lease liabilities | 786 | 798 |
| Deferred income taxes | 3,839 | 3,701 |
| Other non-current liabilities | 1,342 | 1,341 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interests | 495 | 493 |
| Preferred Unitholders | 6,042 | 6,051 |
| Limited Partners: | ||
| Common Unitholders | 27,487 | 26,960 |
| General Partner | (2) | (2) |
| Accumulated other comprehensive income | 24 | 16 |
| Total partners’ capital | 33,551 | 33,025 |
| Noncontrolling interests | 7,411 | 7,634 |
| Total equity | 40,962 | 40,659 |
| Total liabilities and equity | 105,132 | 105,643 |
| Related Party | ||
| ASSETS | ||
| Accounts receivable from related companies | 89 | 93 |
| LIABILITIES AND EQUITY | ||
| Accounts payable | $ 10 | $ 17 |
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.