“We’re seeing production coming back in pretty much all of the basins,” said Kelcy Warren, chief executive of pipeline giant Energy Transfer LP. “It’s been a steady recovery since the first week of May.”
Energy Transfer was featured during the closing bell of the New York Stock Exchange as part of its #Gratitude campaign. Energy Transfer thanks its employees across the U.S. who have kept its assets safely and efficiently running during this difficult time.
Energy Transfer (NYSE:ET), the midstream natural gas pipeline and gas gathering company, has an attractive 14.9% distribution yield at today’s price. ET stock, at just over $8 per share, should be trading much higher than it is.
Energy Transfer gave $100,000 in support of Parkland Foundation’s Public Health Prepardness Fund, as part of its Dallas Healthcare Heroes video campaign.
Energy Transfer, which operates both the Mariner East pipeline system and the Marcus Hook Industrial Complex, have made a number of donations to local first responders, healthcare workers, and food banks.
Dakota Access Pipeline LLC donated $160,000 to the Quincy-based group 2×4’s for Hope. The funding will help build four more tiny (575-square-foot) homes in Quincy, plus complete the funding for a partially built tiny home in Brown County.
CEO KELCY WARREN INTERVIEW
May 14, 2019: Alerian Co-Founder Kenny Feng sits down with Energy Transfer Chairman and CEO Kelcy Warren to talk about the defining moments in company history, the energy sector at large, and his own upbringing that produced a midstream energy bellwether.