ET

Energy Transfer LP
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ET

Arincen60/100B

Energy Transfer LP company profile

CEO
Marshall S. McCrea
Employees
22,311
Headquarters
8111 Westchester Drive, Dallas, TX 75225, US
Sector
Energy
Industry
Oil & Gas Midstream
IPO date
3 Feb 2006
Stock exchange
NYSE
ISIN
US29273V1008

Website:energytransfer.com

About the company

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Employees

Energy Transfer LP had about 22,311 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 37.3% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY202522,311+37.32%3.83M USD198.69K USD
FY202416,248+17.86%5.09M USD296.28K USD
FY202313,786+9.72%5.70M USD285.43K USD
FY202212,565+0.06%7.15M USD378.51K USD
FY202112,558+9.96%5.37M USD435.58K USD
FY202011,421-10.86%3.41M USD-56.74K USD
FY201912,812+8.87%4.23M USD274.59K USD
FY201811,768-60.09%4.60M USD143.95K USD
FY201729,486-4.86%1.37M USD32.35K USD
FY201630,992+3.04%1.21M USD32.11K USD
FY201530,078+8.96%1.40M USD39.53K USD
FY201427,605+103.38%2.02M USD22.93K USD
FY201313,573-5.96%3.56M USD14.44K USD
FY201214,433+482.68%1.18M USD21.06K USD
FY20112,477-60.23%3.33M USD125.08K USD
FY20106,229+46.67%1.06M USD30.95K USD
FY20094,247-0.70%1.28M USD104.18K USD
FY20084,277-1.45%2.17M USD87.69K USD
FY20074,340+11.28%1.56M USD73.59K USD
FY20063,900—2.02M USD27.47K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Energy Transfer LP

Institutions such as funds, banks and insurers held 32.1% of Energy Transfer LP's shares on 30 June 2026, 1,326 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 32.1%Other shareholders 67.9%

Shares free to trade

Free float 2.95B shares ·85.5% Closely held 498.21M shares ·14.5%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Energy Transfer LP

Source: Financial Modeling PrepVerified against SEC filings