Energy Transfer LP (ET)

In October 2018, Energy Transfer Partners, L.P. (NYSE: ETP) was renamed as Energy Transfer LP (ET) after it merged with Energy Transfer Equity (ETE).

• Sector: Energy
• Industry: Oil & Gas Midstream
• Full Time Employees: 29,486
• HQ:  Dallas, Texas
• http://www.energytransfer.com
• Master limited partnership; Forward Dividend & Yield 1.22 (8.29%)

Energy Transfer LP is a U.S. Fortune 500 natural gas and propane pipeline transport company
Energy Transfer LP provides diversified energy-related services in the United States. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. It owns and operates natural gas and natural gas liquid (NGL) gathering pipelines, as well as natural gas processing plants, treating facilities, and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company also owns approximately 4,300 miles of NGL pipelines, 5 NGL and propane fractionation facilities, and NGL storage facilities with aggregate working storage capacity of approximately 53 million barrels.