(ET) Energy Transfer - Ratings and Ratios

Energy Transfer LP (NYSE:ET) is a leading energy infrastructure company operating across multiple segments, including intrastate and interstate natural gas transportation, midstream services, NGL and refined products transportation, crude oil transportation, and investments in strategic partnerships. The company owns and operates an extensive network of pipelines, including approximately 12,200 miles of intrastate natural gas pipelines and 20,090 miles of interstate natural gas pipelines. It also manages natural gas gathering systems, processing plants, and fractionation facilities, playing a critical role in connecting production areas to consumption markets. ETs NGL operations include 5,700 miles of pipelines, fractionation facilities, and storage assets, enabling the transportation and processing of natural gas liquids. In the crude oil sector, the company operates 17,950 miles of pipelines and provides terminalling, acquisition, and marketing services. Additionally, ET distributes motor fuels under the Sunoco and EcoMaxx brands, offers natural gas compression services, and engages in wholesale power trading. The company also manages coal and natural resource properties, sells standing timber, and collects oil and gas royalties. Headquartered in Dallas, Texas, Energy Transfer LP was founded in 1996 and rebranded from Energy Transfer Equity, L.P. in 2018.

Energy Transfer LP is a key player in the energy infrastructure sector, with a diversified portfolio of assets that span the entire energy value chain. The companys extensive pipeline network, storage facilities, and processing plants position it as a critical link between energy production and end-use markets. ETs operations are supported by its investments in Sunoco LP and USA Compression Partners, LP, which enhance its capabilities in fuel distribution and natural gas compression. The companys infrastructure is complemented by its marketing and trading activities, which include the sale of natural gas to utilities, power plants, and industrial users, as well as the distribution of refined petroleum products. ETs strategic assets and integrated operations enable it to capitalize on opportunities in the evolving energy landscape while maintaining a strong financial position. The companys market capitalization of $56.03 billion reflects its scale and influence in the industry.