OverviewSuggest Edit

Energy Transfer (formerly Energy Transfer Equity) is a company operating in the energy sector. It specializes in the transportation, storage, and terminalling for natural gas, crude oil, NGLs, refined products, and liquid natural gas. The company was formed as a result of a merger between Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP).
TypePublic
Founded1996
HQDallas, TX, US
Websiteenergytransfer.com
Employee Ratings3.7
Overall CultureC+

Locations

Energy Transfer is headquartered in
Dallas, United States

Location Map

Latest Updates

Employees (est.) (Dec 2020)11,421(-10%)
Job Openings480
Revenue (FY, 2020)$39 B(-28%)
Share Price (Oct 2021)$9.9
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Key People/Management at Energy Transfer

Kelcy L. Warren

Kelcy L. Warren

Chief Executive Officer and Chairman
Marshall S. McCrea

Marshall S. McCrea

President & Chief Commercial Officer
Thomas E. Long

Thomas E. Long

Chief Financial Officer
Thomas P. Mason

Thomas P. Mason

Executive Vice President and General Counsel
Matthew S. Ramsey

Matthew S. Ramsey

Chief Operating Officer
Christopher R. Curia

Christopher R. Curia

Executive Vice President and Chief Human Resources Officer
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Energy Transfer Office Locations

Energy Transfer has offices in Dallas, Carlsbad, Houston, Kermit and in 3 other locations
Dallas, TX, US (HQ)
8111 Westchester Dr
Carlsbad, NM, US
2115 Iris St
Houston, TX, US
1300 Main St
Kermit, TX, US
220 S Poplar St
Roswell, NM, US
6381 N Main St
San Antonio, TX, US
800 E Sonterra Blvd
Show all (7)

Energy Transfer Financials and Metrics

Energy Transfer Revenue

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View revenue for all periods
Energy Transfer's revenue was reported to be $38.95 b in FY, 2020 which is a 28.1% decrease from the previous period.
USD

Revenue (Q1, 2021)

17.0b

Gross profit (Q1, 2021)

6.0b

Gross profit margin (Q1, 2021), %

35.6%

Net income (Q1, 2021)

3.6b

EBIT (Q1, 2021)

4.1b

Market capitalization (22-Oct-2021)

26.7b

Closing stock price (22-Oct-2021)

9.9

Cash (31-Mar-2021)

355.0m

EV

75.0b
Energy Transfer's current market capitalization is $26.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

54.1b54.2b39.0b

Revenue growth, %

0%(28%)

Cost of goods sold

41.7b39.7b25.5b

Gross profit

12.4b14.5b13.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

13.1b13.9b13.5b11.6b7.3b10.0b17.0b

Cost of goods sold

9.4b10.3b9.9b8.3b4.1b6.4b10.9b

Gross profit

3.7b3.6b3.6b3.3b3.2b3.6b6.0b

Gross profit Margin, %

28%26%27%29%44%36%36%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

419.0m291.0m367.0m

Accounts Receivable

4.0b5.0b3.9b

Inventories

1.7b1.9b1.7b

Current Assets

6.8b7.9b6.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

529.0m853.0m211.0m196.0m155.0m275.0m355.0m

Accounts Receivable

4.3b4.3b4.4b3.4b3.0b3.7b5.3b

Inventories

1.7b1.8b1.8b1.0b1.6b1.7b1.8b

Current Assets

7.1b7.2b7.1b5.1b5.2b6.2b7.8b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

3.4b4.9b140.0m

Depreciation and Amortization

2.9b3.1b3.7b

Inventories

282.0m(117.0m)(271.0m)

Accounts Payable

(766.0m)146.0m(1.3b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

1.2b2.4b3.5b(964.0m)(292.0m)(693.0m)3.6b

Depreciation and Amortization

774.0m1.6b2.3b867.0m1.8b2.7b954.0m

Inventories

49.0m(57.0m)(66.0m)281.0m(180.0m)(298.0m)30.0m

Accounts Payable

321.0m199.0m25.0m(1.7b)(2.1b)(1.4b)2.0b
USDFY, 2018

EV/EBIT

15 x

EV/CFO

10.7 x

EV/FCF

810.2 x

Revenue/Employee

4.6m

Debt/Equity

1.5 x

Debt/Assets

0.5 x

Financial Leverage

2.9 x

P/E Ratio

11.5
Show all financial metrics

Energy Transfer Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Natural Gas Transported (Intrastate Transportation and Storage Segment), Bbtu/d

10.87 k11.98 k12.12 k12.56 k12.44 k13.14 k12.92 k12.19 k12.65 k11.85 k

Natural Gas Transported (Interstate Transportation and Storage Segment), Bbtu/d

9.54 k11.53 k10.83 k11.41 k11.35 k10.63 k10.15 k10.39 k10.33 k9.65 k

Natural Gas Sold (Interstate Transportation and Storage Segment), Bbtu/d

17191717171517151621

Gathered Volumes (Midstream Segment), Bbtu/d

12.13 k12.72 k13.15 k13.96 k13.46 k13.35 k12.96 k12.9 k12.96 k12.02 k
Show all operating metrics

Energy Transfer Acquisitions / Subsidiaries

Company NameDateDeal Size
SemGroupDecember 05, 2019$5 b
PennTex Midstream PartnersOctober 25, 2016$640 m
WilliamsJune 09, 2016
Regency Energy PartnersJanuary 26, 2015
Susser Holdings CorporationApril 08, 2014$1.8 b
Transwestern PipelineSeptember 15, 2006
Advanced Meter Solutions LLC, a Delaware limited liability company
Aloha Petroleum LLC, a Delaware limited liability company
Aloha Petroleum, Ltd., a Hawaii Corporation
Alpine Holding, LLC, an Oklahoma limited liability company
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Energy Transfer Revenue Breakdown

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Energy Transfer revenue breakdown by business segment: 27.0% from Refined Product Sales, 24.2% from Crude Sales, 17.4% from NGL Sales, 23.1% from Gathering, Transportation and Other Fees, 6.8% from Natural Gas Sales and 1.5% from Other

Energy Transfer Online and Social Media Presence

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Energy Transfer Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    B

    70/100

  • Compensation

    A

    80/100

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Energy Transfer Frequently Asked Questions

  • When was Energy Transfer founded?

    Energy Transfer was founded in 1996.

  • Who are Energy Transfer key executives?

    Energy Transfer's key executives are Kelcy L. Warren, Marshall S. McCrea and Thomas E. Long.

  • How many employees does Energy Transfer have?

    Energy Transfer has 11,421 employees.

  • What is Energy Transfer revenue?

    Latest Energy Transfer annual revenue is $39 b.

  • What is Energy Transfer revenue per employee?

    Latest Energy Transfer revenue per employee is $3.4 m.

  • Who are Energy Transfer competitors?

    Competitors of Energy Transfer include Global Partners, Targa Resources and IEnova.

  • Where is Energy Transfer headquarters?

    Energy Transfer headquarters is located at 8111 Westchester Dr, Dallas.

  • Where are Energy Transfer offices?

    Energy Transfer has offices in Dallas, Carlsbad, Houston, Kermit and in 3 other locations.

  • How many offices does Energy Transfer have?

    Energy Transfer has 7 offices.