TEXAS ROOTS, GLOBAL REACH
Energy Transfer is a Texas-based company that began in 1996 as a small intrastate natural gas pipeline operator and is now one of the largest and most diversified investment grade master limited partnerships in the United States.
2024
ENERGY TRANSFER AND SUNOCO JV ANNOUNCED
Energy Transfer LP and Sunoco LP announced on July 16, 2024, the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.
ENERGY TRANSFER ACQUISITION OF WTG MIDSTREAM
On July 15, 2024, Energy Transfer completed its acquisition of WTG Midstream Holdings LLC which included approximately 6,000 miles of complementary gas gathering pipelines and eight gas processing plants.
2023
ET COMPLETES ACQUISITION OF CRESTWOOD
On November 3, 2023, Energy Transfer completed its merger with Crestwood Equity Partners LP which extends its position in the value chain deeper into the Williston and Delaware basins, and entry into the Powder River basin.
In Q1 of 2023, Energy Transfer closed on its acquisition of Lotus Midstream Operations LLC which owned and operated Centurion Pipeline, a fully-integrated crude pipeline system in the Permian Basin.
RANKED #43 ON FORTUNE 500
Energy Transfer ranked as one of the top 50 largest corporations in the United States on the Fortune 500 list by revenue for the 2022 fiscal year.
2022
On December 15, 2022, Energy Transfer announced it received FERC approval to put the 135-mile, natural gas Gulf Run Pipeline into service.
GULF COAST CONNECTIVITY
In April 2022, the Ted Collins Link was placed into service and Energy Transfer’s Houston Terminal celebrated its inaugural shipment of oil for export.
In March 2022, Energy Transfer completed a $325 million bolt-on acquisition of Spindletop underground storage assets and ethylene storage header system.
During Q1, Energy Transfer completed the Permian Bridge project to provide operational flexibility between Energy Transfer's gathering and processing assets in the Delaware and Midland basins.
2021
ET COMPLETES ACQUISITION OF ENABLE MIDSTREAM
December 2, 2021, ET and ENBL completed their previously announced merger, further solidifying ET's leadership position in the midstream sector.
In June 2021, service commenced on the Cushing South Pipeline, providing crude oil transportation service from the Cushing Terminal to the Nederland terminal.
In early 2021, expansions to Energy Transfer’s Nederland Terminal were completed, bringing the company-wide total NGL export capacity to more than 1.1 million barrels per day.
2019
ET COMPLETES SUCCESSFUL MERGER WITH SEMGROUP
On December 5, 2019, Energy Transfer LP (ET) and SemGroup Corporation (SEMG) completed their previously announced merger, in which ET acquired SEMG.
On April 1, 2019, Energy Transfer announced the opening of its first international office in Beijing, China, as a strategic move to meet growing demand for ethane and liquid natural gas products.
In March 2019, Bayou Bridge Pipeline in Louisiana was put into service.
2018
On December 29, 2018, Mariner East 2 Pipeline was put into service.
In November 2018, the final laterals needed to complete the Rover Pipeline were put into service, completing the 713-mile natural gas pipeline.
ETP BECOMES ENERGY TRANSFER LP
In October 2018, ETE completed its acquisition of ETP. The simplified company is now operating as one partnership known as Energy Transfer LP, and is traded on the NYSE under the ticker symbol “ET.”
In July 2018, ETP commenced operations of its fifth natural gas liquids (NGL) facility at Mont Belvieu, Texas.
On April 2, 2018, USA Compression Partners (USAC) acquired Energy Transfer subsidiaries, CDM Resource Management LLC and CDM Environmental & Technical Services LLC. As part of the transaction, ETE acquired the ownership interests in the general partner of USAC.
2017
BAKKEN PIPELINE BEGINS SERVICE
On June 1, 2017, Energy Transfer announced that the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipeline, collectively the “Bakken Pipeline,” began commercial service.
In May 2017, Energy Transfer announced that the Trans-Pecos and Comanche Trail Pipelines were placed into service.
ETP AND SXL MERGE TO BECOME ENERGY TRANSFER PARTNERS (NYSE:ETP)
On April 28, 2017, ETP and Sunoco Logistics Partners (SXL) closed on their previously announced merger.
2016
In December 2016, ETP commenced operations of its fourth fractionation facility at Mont Belvieu.
In November 2016, ETP announced it closed on its acquisition of certain interests in PennTex Midstream Partners, L.P. (NASDAQ: PTXP).
LONE STAR EXPRESS PIPELINE BEGINS COMMERCIAL OPERATIONS
In May and September 2016, ETP began commercial operations on the Lone Star Express Pipeline, the largest and longest NGL Y-grade pipeline in the Western Hemisphere.
In April 2016, the 30-inch segment of the Bayou Bridge Pipeline from Nederland, Texas, to Lake Charles, Louisiana, was put into service.
2015
In December 2015, Lone Star commissioned its third 100,000 Bbl/day fractionator at Mont Belvieu.
ETP ACQUIRES REGENCY ENERGY PARTNERS L.P.
In April 2015, ETP completed its acquisition of Regency Energy Partners, L.P. (NYSE: RGP), significantly diversifying ETP’s footprint, both geographically and across business lines.
2014
ETP ACQUIRES SUSSER HOLDINGS
ETP acquired Susser Holdings (NYSE: SUSS) and the General Partner of Susser Petroleum Partners L.P. (NYSE: SUSP). SUSP was renamed Sunoco LP (NYSE: SUN).
To further simplify its structure, Southern Union and PEPL Holdings were merged into Panhandle, owned by ETP.
2013
LONE STAR’S SECOND FRACTIONATOR IN SERVICE
Lone Star commissioned its second 100,000 Bbl/day fractionator at Mont Belvieu.
Completed the sale of the assets of Missouri Gas Energy to Laclede Gas Company.
2012
ETP sold its propane operations to AmeriGas Partners, L.P.
ETE ACQUIRES SOUTHERN UNION COMPANY
ETE acquired Southern Union Company, a leading diversified natural gas company, which expanded our national footprint and added more than 20,000 miles of gathering and transportation pipeline to our portfolio.
ETP made a strong entrance into the crude oil and refined products business by acquiring Sunoco, Inc., including interest in Sunoco Logistics Partners LP (NYSE: SXL).
2011
ETP AND REGENCY FORM LONE STAR NGL JV
ETP and Regency greatly enhanced their portfolio by jointly acquiring the natural gas liquids (NGLs) business of Louis Dreyfus Highbridge Energy and forming Lone Star NGL JV.
2010
Fayetteville Express Pipeline and Tiger Pipeline completed ahead of schedule.
ETE ACQUIRES REGENCY ENERGY PARTNERS
ETE completes acquisition of the general partner of Regency Energy Partners.
2009
Midcontinent Express Pipeline completed and placed in-service.
EXPANDED TRANSWESTERN PIPELINE
Completed Phoenix and San Juan projects, expanding Transwestern Pipeline.
2008
Completed and placed into service several large diameter pipelines, including Southeast Bossier, Paris Loop and Carthage Loop pipelines.
2007
Completed the first 42-inch diameter natural gas pipeline in the state of Texas in 2007.
2006
Energy Transfer Equity was formed in 2002 and was privately held until February 2006, when ETE completed its IPO. Public trading of ETE units began on February 3, 2006 on the NYSE ticker symbol ETE.
ETP ACQUIRES TRANSWESTERN PIPELINE
2005
ETP ACQUIRES HOUSTON PIPELINE SYSTEM
2004
ETP ACQUIRES TUFCO PIPELINE SYSTEM
Energy Transfer acquires TUFCO and ET Fuel System, creating a solid platform in the Barnett Shale.
Energy Transfer Partners, L.P. (NYSE:ETP) became a publicly traded partnership.
1996
ENERGY TRANSFER WAS FORMED
Energy Transfer forms with about 200 miles of natural gas pipelines in East Texas and 20 employees.