Energy Transfer Equity

Energy Transfer Equity, L.P. is the former name of Energy Transfer LP, a master limited partnership. Its only asset is a 100% interest in Energy Transfer Operating L.P. (formerly known as Energy Transfer Partners).

Energy Transfer LP
TypePublic company
Master limited partnership
NYSE: ET
IndustryPetroleum industry
FoundedSeptember 2002 (2002-09) (as Energy Transfer Equity, L.P.)
HeadquartersDallas, Texas, U.S.
Revenue $54.087 billion (2018)
$4.039 billion (2018)
Total assets $88.442 billion (2018)
Total equity $36.621 billion (2018)
Number of employees
11,768 (2018)
Websitewww.energytransfer.com
Footnotes / references
[1]

History

The company was formed as La Grange Energy, L.P. by Energy Transfer in September 2002.

In February 2006, it became a public company via an initial public offering.[2]

In June 2015, the company made a proposal to acquire Williams Companies.[3] The offer was rejected.[4]

In October 2018, the company acquired Energy Transfer Partners and changed its name to Energy Transfer LP.[5]

References

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