# Energy Transfer

> Energy Transfer LP connects energy producers with utilities, refiners, petrochemical manufacturers and export markets through approximately 140,000 miles of pipelines and associated processing, storage and terminal infrastructure. Its integrated network spans 44 U.S. states; it also has interests in Sunoco and USA Compression.

- **Founded:** 1996
- **Headquarters:** Dallas, United States
- **Founders:** Kelcy Warren (Co-founder; Executive Chairman), Ray Davis (Co-founder)
- **Products:** Natural gas gathering and processing, Natural gas transmission and storage, NGL transportation, fractionation and exports, Crude oil transportation and terminals, Refined products logistics
- **Notable:** Expanded from approximately 200 pipeline miles and 20 employees at inception to approximately 140,000 pipeline miles across 44 states., Completed the WTG Midstream acquisition in July 2024, adding approximately 6,000 miles of gathering lines and eight processing plants., Reported Hugh Brinson Pipeline in commercial service in August 2026.

## Products & services

- **Natural gas gathering and processing** — Collects production, treats gas and separates natural gas liquids before downstream transportation.
- **Natural gas transmission and storage** — Interstate and intrastate pipeline transportation, storage and related marketing services.
- **NGL transportation, fractionation and exports** — Moves mixed NGLs, separates them into individual products and provides storage and marine export services.
- **Crude oil transportation and terminals** — Gathering, long-haul pipelines, storage and marine terminal services for crude oil shippers and refiners.
- **Refined products logistics** — Pipeline and terminal services for petroleum products.
- **Nederland Terminal** — Texas marine logistics hub connecting pipeline supplies with storage and waterborne markets.
- **Hugh Brinson Pipeline** — West Texas natural gas takeaway system reported in commercial service in August 2026; further compression is planned.
- **Desert Southwest expansion** — Planned Transwestern expansion, up to 2.3 Bcf/d depending on compression; December 2025 estimate up to approximately $5.6 billion excluding AFUDC, with Q4 2029 targeted service.

## Achievements

- Expanded from approximately 200 pipeline miles and 20 employees at inception to approximately 140,000 pipeline miles across 44 states.
- Completed the WTG Midstream acquisition in July 2024, adding approximately 6,000 miles of gathering lines and eight processing plants.
- Reported Hugh Brinson Pipeline in commercial service in August 2026.

## Latest updates

- **2026-10** — October 6: agreed to acquire Vaquero Midstream for approximately $2.625 billion; expected Q4 2026 closing, subject to approvals and customary conditions. Not described here as completed.
- **2026-10** — October 5: transferred its primary listing from NYSE to the Texas Stock Exchange, retaining ET.
- **2026-08** — August 4: reported Q2 adjusted EBITDA of $5.07 billion; increased full-year 2026 adjusted EBITDA guidance to $18.8-$19.1 billion and projected $5.6-$5.9 billion of growth capital spending.
- **2025-12** — Suspended Lake Charles LNG development and upsized the planned Desert Southwest expansion.

## Links

- Website: https://energytransfer.com
- LinkedIn: https://www.linkedin.com/company/energy-transfer/
- Twitter/X: https://x.com/EnergyTransfer
- YouTube: https://www.youtube.com/channel/UCSFYCO2AEmV4gBO2HuLBsMA/
- Instagram: https://www.instagram.com/energytransferfacts/
- Facebook: https://www.facebook.com/EnergyTransferFacts/

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Profile page: https://yespress.io/energy-transfer
Published by YesPress — https://yespress.io
Last updated: 2026-10-22