Type
|
Public |
---|---|
Traded as | NYSE: ETP |
Industry | Energy |
Founded | 1995 (1995) |
Headquarters | Dallas, Texas, U.S. |
Key people
|
Kelcy L. Warren, CEO |
Products | natural gas, propane |
Number of employees
|
9,466 |
Subsidiaries | Southern Union Company Sunoco Dakota Access |
Website | www |
Energy Transfer Partners is a U.S. Fortune 500 natural gas and propane company, founded in 1995 and headquartered in Dallas, Texas. As of January 2016, the company employed 9,466 individuals. Kelcy Warren is the founder and current Chairman of the Board and Chief Executive Officer. It is the parent company of Dakota Access, LLC, the company responsible for developing the controversial Dakota Access Pipeline.
ETE is a master limited partnership, which owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P.(ETP) and about 50.2 million ETP limited partner units; it owns the general partner and 100% of the IDRs of Regency Energy Partners LP and about 26.3 million RGP limited partner units. ETE also owns a non-controlling interest in a corporation (ETP Holdco Corporation) that owns Southern Union Company and Sunoco, Inc. The ETE family of companies owns approximately 71,000 miles of natural gas, natural gas liquids, refined products, and crude pipelines. Energy Transfer Partners, L.P. is the parent company of Dakota Access, LLC, the company developing the controversial Dakota Access Pipeline.
ETP holds a 100% interest in Lone Star NGL, a joint venture that owns and operates natural gas liquids storage, fractionation and transportation assets in Texas, Louisiana and Mississippi. ETP Holdco Corporation also owns Southern Union Company.
In October 2012, Sunoco, Inc. became a wholly owned subsidiary of ETP via ETP HoldCo Corporation. It acquired the general partner interests, 100% of the incentive distribution rights, and a 32.4% limited partnership interest in Sunoco Logistics Partners L.P., which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminating and crude oil acquisition and marketing assets.
In 2014, ETP acquired Stripes, a chain of 580+ convenience stores in Texas, New Mexico, and Oklahoma. The convenience stores and retail portfolio are now branded under Sunoco and Aplus names as of year-end 2015.
In January 2015, ETP acquired its affiliate Regency Energy Partners for around $11 billion.
Dakota Access, LLC is an ETP subsidiary, tasked with building the Bakken pipeline, also known as the Dakota Access Pipeline. In April 2016, three federal agencies — U.S. Environmental Protection Agency, U.S. Department of Interior, and Advisory Council on Historic Preservation — requested a full Environmental Impact Statement of the pipeline. In July, the Standing Rock Sioux Tribe filed an injunction against the US Army Corps of Engineers to stop building the pipeline. A group of young activists from Standing Rock ran from North Dakota to Washington, D.C., to present a petition in protest of the construction of the pipeline and launched an international campaign called ReZpect Our Water. Protests have since erupted at a construction site near the Cannonball River in North Dakota, resulting in the arrest of hundreds and the use of force by a private security company, North Dakota State and county police, and the New Mexico National Guard.
Energy Transfer has sued the environmental groups Greenpeace, BankTrack and earth first of terrorism under the patriot act Energy Tranfer is accusing these activists of attempting to profit on their 'eco-terrorism'. . Banktrack has responded that this case has no merit. and that it is within their right to inform the public and banks about projects with 'actual negative social, environmental and human rights impacts.' .
2016-07-07 | Boost Price Target | Deutsche Bank AG | Buy | $44.00 to $47.00 |
2016-05-31 | Boost Price Target | Barclays | Overweight | $42.00 to $48.00 |
2016-05-31 | Boost Price Target | Barclays PLC | Overweight | $42.00 to $48.00 |
2016-05-20 | Upgrade | Goldman Sachs | Neutral to Buy | $33.00 to $40.00 |
2016-05-20 | Upgrade | Goldman Sachs Group Inc. | Neutral to Buy | $33.00 to $40.00 |
2016-05-12 | Boost Price Target | Goldman Sachs | Neutral | $29.00 to $33.00 |
2016-05-11 | Initiated Coverage | Sanford C. Bernstein | Market Perform | $39.00 |
2016-04-19 | Initiated Coverage | BMO Capital Markets | Outperform | $38.00 |
2016-04-04 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-04-04 | Boost Price Target | Barclays | Overweight | $35.00 to $42.00 |
2016-03-22 | Lower Price Target | Jefferies Group | Buy | $47.00 to $46.00 |
2016-03-02 | Reiterated Rating | Credit Suisse | Buy | |
2016-03-02 | Reiterated Rating | Credit Suisse Group AG | Buy | |
2016-03-01 | Lower Price Target | Credit Suisse | Outperform | $42.00 to $40.00 |
2016-02-29 | Lower Price Target | Barclays | Overweight | $42.00 to $35.00 |
2016-02-26 | Reiterated Rating | Stifel Nicolaus | Buy | $33.00 to $32.00 |
2016-02-25 | Downgrade | Bank of America | Buy to Neutral | $30.00 to $28.00 |
2016-02-25 | Downgrade | Bank of America Corp. | Buy to Neutral | $30.00 to $28.00 |
2016-02-08 | Downgrade | Robert W. Baird | Outperform to Neutral | $51.00 to $25.00 |
2016-01-28 | Reiterated Rating | Stifel Nicolaus | Buy | |
2016-01-22 | Downgrade | Oppenheimer | Outperform to Market Perform | |
2016-01-22 | Downgrade | Oppenheimer Holdings Inc. | Outperform to Market Perform | |
2016-01-14 | Lower Price Target | Jefferies Group | Buy | $48.00 to $47.00 |
2015-12-18 | Initiated Coverage | Jefferies Group | Buy | $48.00 |
2015-12-14 | Lower Price Target | Barclays | Overweight | $62.00 to $45.00 |
2015-11-24 | Lower Price Target | RBC Capital | Outperform | $67.00 to $63.00 |
2015-11-24 | Lower Price Target | Royal Bank Of Canada | Outperform | $67.00 to $63.00 |
2015-11-16 | Reiterated Rating | Deutsche Bank | Buy | $61.00 to $52.00 |
2015-11-16 | Reiterated Rating | Deutsche Bank AG | Buy | $61.00 to $52.00 |
2015-11-10 | Reiterated Rating | Oppenheimer | Outperform | $55.00 |
2015-11-06 | Boost Price Target | Credit Suisse | Outperform | $68.00 |
2015-10-26 | Initiated Coverage | Evercore ISI | Buy | $50.00 |
2015-10-20 | Lower Price Target | Deutsche Bank | Buy | $67.00 to $61.00 |
2015-10-19 | Reiterated Rating | Barclays | Overweight | $70.00 to $62.00 |
2015-10-08 | Upgrade | Oppenheimer | Market Perform to Outperform | |
2015-09-21 | Lower Price Target | RBC Capital | Outperform | $74.00 to $67.00 |
2015-09-11 | Lower Price Target | Goldman Sachs | Neutral | $64.00 to $52.00 |
2015-08-10 | Reiterated Rating | Stifel Nicolaus | Buy | $60.00 |
2015-06-19 | Upgrade | Bank of America | Neutral to Buy | $64.00 |
2015-06-16 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $72.00 to $73.00 |
2015-06-08 | Reiterated Rating | Barclays | Overweight | $70.00 |
2015-05-18 | Initiated Coverage | Deutsche Bank | Buy | $67.00 |
2015-05-01 | Upgrade | Raymond James | Market Perform to Outperform | |
2015-05-01 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | $77.00 to $72.00 |
2015-05-01 | Upgrade | Raymond James Financial Inc. | Market Perform to Outperform | |
2015-04-08 | Reiterated Rating | Goldman Sachs | Neutral | $63.00 |
2015-01-21 | Upgrade | Credit Suisse | Neutral to Outperform | $78.00 to $77.00 |
2014-12-04 | Upgrade | Robert W. Baird | Neutral to Outperform | $65.00 to $77.00 |
2014-11-07 | Reiterated Rating | Barclays | Overweight | $74.00 to $77.00 |
2014-11-07 | Reiterated Rating | Stifel Nicolaus | Buy | $62.00 to $68.00 |
2014-11-03 | Boost Price Target | RBC Capital | Outperform | $63.00 to $72.00 |
2014-10-13 | Reiterated Rating | Barclays | Overweight | $68.00 to $74.00 |
2014-10-07 | Initiated Coverage | Tudor Pickering | Buy | $115.00 |
2014-09-29 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $58.00 to $70.00 |
2014-09-10 | Initiated Coverage | Barclays | Overweight | $68.00 |
2014-09-02 | Initiated Coverage | Credit Suisse | Neutral | $64.00 |
2014-08-11 | Boost Price Target | RBC Capital | Outperform | $61.00 to $63.00 |
2014-08-08 | Reiterated Rating | Credit Suisse | Neutral | $60.00 to $62.00 |
2014-07-11 | Lower Price Target | Deutsche Bank | Buy | $69.00 to $65.00 |
2014-07-02 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
2014-07-02 | Upgrade | Wells Fargo | Market Perform to Outperform | |
2014-06-04 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $60.00 to $64.00 |
2014-05-12 | Boost Price Target | RBC Capital | $60.00 to $61.00 | |
2014-05-08 | Reiterated Rating | Credit Suisse | Neutral | $58.00 to $60.00 |
2014-05-08 | Reiterated Rating | Stifel Nicolaus | Buy | $57.00 to $62.00 |
2014-01-24 | Lower Price Target | Credit Suisse | $100.00 to $50.00 | |
2014-01-14 | Downgrade | Barclays | Overweight to Equal Weight | |
2014-01-06 | Initiated Coverage | Credit Suisse | Neutral to Neutral | $58.00 |
2014-01-06 | Boost Price Target | Deutsche Bank | Buy | $62.00 to $66.00 |
2013-11-22 | Boost Price Target | Barclays | $59.00 | |
2013-11-22 | Boost Price Target | Raymond James | $72.00 to $83.00 | |
2013-11-21 | Boost Price Target | Deutsche Bank | Buy | $60.00 to $62.00 |
2013-11-08 | Boost Price Target | RBC Capital | Outperform | $53.00 to $59.00 |
2013-11-07 | Reiterated Rating | Stifel Nicolaus | Buy | $55.00 to $56.50 |
2011-10-18 | Reiterated | Wunderlich | Hold | $52 to $46 |
2011-09-15 | Downgrade | Barclays Capital | Overweight to Equal Weight | $59 to $49 |
2011-09-09 | Upgrade | RBC Capital Mkts | Sector Perform to Outperform | $53 to $54 |
2011-07-07 | Downgrade | Wunderlich | Buy to Hold | $56 to $52 |
2011-05-09 | Reiterated | Wunderlich | Buy | $60 to $56 |
2011-05-05 | Downgrade | Morgan Keegan | Outperform to Mkt Perform | $58 to $54.50 |
2010-03-30 | Initiated | JP Morgan | Neutral | |
2010-01-26 | Reiterated | Credit Suisse | Outperform | $48 to $50 |
2016-07-07 | Boost Price Target | Deutsche Bank AG | Buy | $44.00 to $47.00 |
2016-05-31 | Boost Price Target | Barclays | Overweight | $42.00 to $48.00 |
2016-05-31 | Boost Price Target | Barclays PLC | Overweight | $42.00 to $48.00 |
2016-05-20 | Upgrade | Goldman Sachs | Neutral to Buy | $33.00 to $40.00 |
2016-05-20 | Upgrade | Goldman Sachs Group Inc. | Neutral to Buy | $33.00 to $40.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ETP 23 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Center Coast Capital Advisors, LP | 14.93M |
Global X Management CO LLC | 5.24M |
TPH Asset Management, LLC | 1.21M |
PEAK6 Investments, L.P. | 0.47M |
THOMASPARTNERS, INC. | 0.33M |
Huntington Steele LLC | 0.19M |
Geneva Advisors, LLC | 0.17M |
YORKVILLE CAPITAL MANAGEMENT, LLC | 0.15M |
PENN MUTUAL LIFE INSURANCE CO | 0.12M |
Fore Research & Management, LP | 0.11M |
ROCKEFELLER FINANCIAL SERVICES INC | 73316 |
RiverPoint Capital Management, LLC | 50763 |
INTEGRAL DERIVATIVES, LLC | 47801 |
EMPIRICAL CAPITAL PARTNERS LP | 42199 |
KCG Holdings, Inc. | 36436 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Energy Transfer Equity, L.P. | 30.64% (99711069) | ETE / ETP / RGP / |
LE GP LLC | 30.64% (99711069) | ETP / RGP / |
Energy Transfer Partners, L.P. | 1.22% (3983540) | APU / ETE / ETP / SUSP / |
Mason Thomas P VP General Counsel & Secretary | 0.07% (216622) | ETE / ETP / SXL / |
GLASKE PAUL E | 0.03% (99341) | ETE / ETP / LINC / |
Salinas Martin Chief Financial Officer | 0.03% (89257) | ETP / NBLX / SXL / |
BYRNE BILL W | 0.02% (74130) | ETE / ETP / |
OWENS ROBERT W President-Retail Marketing | 0.02% (69444) | ETP / SUSP / |
Welch Jamie | 0.02% (69155) | CQP / ETE / ETP / SXL / |
DAVIS RAY C | 0.02% (54849) | ETE / ETP / SXL / |
Cargile Richard A. President-Midstream | 0.02% (51087) | ETP / |
Powers William G JR President - Propane Operations | 0.02% (50015) | ETP / |
LANGDON JERRY J Chief Adminstrative Officer | 0.01% (40096) | AXAS / ETP / |