Energy Transfer LP

Description

Energy Transfer LP is a leading American energy company that focuses on natural gas and midstream transportation and storage.

The company distributes natural gas and propane through its extensive network of pipeline transport system. The energy firm has various operations including:
• Complementary midstream of natural gas
• Intrastate and interstate distribution and storage facilities
• Transportation of crude oil, natural gas liquids (NGL), and other refined products
• Storage systems for crude oils, NGLs, and other refined products
• Fractionation of the natural gas liquids
• Acquiring and marketing various energy assets

The firm operates under different business divisions, including midstream, interstate segment, intrastate segment, NGL and refined products distribution segment, crude oil segment, investment in Sunoco LP, investment in USAC and others.

Interstate Transportation and Storage System Segment

The firm is engaged in acquisition and management of all the activities related to natural gas distribution, pipelines system, and storage facilities in Texas through this unit.

Intrastate Transportation and Storage System Segment

The segment primarily deals with the distribution of natural gas produced from the prolific natural gas producing areas to its operating area markets.

LE GP, LLC is the parent and general partner of the firm that was founded in 1996 as Energy Transfer Partners, LP.

The Dallas-based company is listed on the New York Stock Exchange under the quote of ‘ET’.

Sunoco LP is an American wholesale distributor of motor fuels. The company operates and provides services through more than 7,300 gas stations under its proprietary brand name. However, most of the stations are reportedly managed by third-party businesses.

Lake Charles LNG operates an import terminal for natural gas liquids. It was formerly known as Trunkline LNG.

The American energy company claims to have 90,000 miles of natural gas pipeline network and related energy infrastructure across 38 states.

In addition, the firm operates through international offices located in Canada and Beijing.