Dallas-based Energy Transfer (NYSE:ET), the leading midstream provider in the country, with more than 90,000 miles of pipeline traversing 38 states and Canada, international offices in Canada and Beijing, and nearly 10,000 employees. Last week Energy Transfer was approved to add 10 miles new pipeline to its South Texas gathering system. Permit T00541 is now 1260 miles.
Energy Transfer Eagle Ford Gathering Pipeline
On April 17, 1996, Kelcy Warren and Ray Davis set out to build the premier midstream infrastructure company from the ground up. What started as a small intrastate pipeline company with 200 miles of natural gas pipeline in east Texas and 20 employees is now ranked 59 on the Fortune 500 list of America’s largest companies. The combined strength, vision and grit of Warren and Davis quickly catapulted Energy Transfer from a maverick upstart to the industry’s leading midstream company through the combination of strategic acquisitions and significant organic growth projects. Davis now sits on Energy Transfer’s Board of Directors having retired as co-CEO in 2007.
Over the past decade, Energy Transfer has transformed itself from a natural gas-focused company to an international powerhouse that exports, transports, processes, stores and terminals natural gas, crude oil, NGLs, refined products and liquefied natural gas, through a series of strategic acquisitions including Louis Dreyfus Highbridge Energy, Southern Union Company and Sunoco Logistics. It has also achieved several business milestones including the construction of the first 42-inch natural gas pipeline in Texas and the largest dual-pipeline project in the country.
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