About Energy Transfer
Energy Transfer builds and runs the pipelines, plants, and storage sites that move natural gas, natural gas liquids, and crude oil around the country. Its network covers thousands of miles of gas lines running both within and between states, along with separate lines built just for liquids. The company handles the gathering, treating, and processing of gas and liquids across many production regions, and it also moves and stores crude oil and refined fuels like gasoline and diesel-type products.
Buyers of its gas include power companies, utilities that distribute gas locally, other energy marketers, and factories or plants that use gas directly. Alongside pumping and storing fuel, the firm performs technical work such as compressing gas, drying it, and stripping out unwanted compounds, and it delivers water to gas drillers in Pennsylvania. It also touches on coal land management, timber sales, royalty collection from oil and gas wells, and electricity production.
Founded in 1996 and based in Dallas, Texas, Energy Transfer trades on the NYSE under the ticker ET.