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Leading the way for energy logistics in Texas and beyond
Energy Transfer is seeing major payoffs from investments that support its expansion and benefit Texas communities.
Energy Transfer got its start as a midstream energy company nearly 30 years ago, with 200 miles of natural gas pipelines running through east Texas and 20 employees on its payroll. Since then, with support from Texas’s pro-business environment, the company has expanded well beyond the Lone Star State. Today, Energy Transfer owns and operates more than 125,000 miles of pipelines and associated energy infrastructure, spanning 44 states. Its latest expansion included a $7.1 billion merger with Crestwood Equity Partners in November 2023, which extended the company’s reach deeper into the Williston, Delaware, and Powder River basins in North Dakota and Montana. That acquisition, paired with a record-breaking 2023, have only further cemented Energy Transfer’s place as a leader in the market.
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Note: This article was supplied by Energy Transfer.
Although Energy Transfer’s operations have greatly expanded beyond its home state—the Dallas-based company recently opened an international office in Panama City—it maintains deep roots in the heart of the Lone Star State. An early milestone in its growth was the completion of the first 42-inch diameter natural gas pipeline in Texas, which set a new standard for market connectivity.
As its footprint expands, so does the company’s involvement in local communities across the U.S. “Our pipelines are part of these communities,” says Long. “For us, that means continually investing in the safety of our assets and investing time and resources in the communities. We need their support, and they benefit from ours. It’s very much a joint effort, especially when it comes to pipeline safety and education.”
Outside of its work transporting essential energy products, Energy Transfer has built long-standing relationships with some of the state’s largest philanthropic organizations and routinely contributes to causes related to food security, health care, education, and veteran support programs. Among its commitments is a deep-rooted relationship with MD Anderson Children’s Cancer Hospital in Houston. Over the past 10 years, the company and its employees have donated more than $15 million to advance pediatric cancer research at the world-renowned hospital. Additionally, the company has provided more than $1 million in funding since 2013 to Mercy Street, a nonprofit that supports underserved youth in west Dallas with sports programming and mentorship. Energy Transfer has also entered its 13th year partnering with the North Texas Food Bank to provide 600,000 meals annually to north Texans experiencing hunger.
Conservation is also woven into multiple aspects of Energy Transfer’s business and environmental stewardship. The company plans new projects, maintains its pipelines, and conducts maintenance in ways that minimize its environmental footprint as much as possible. As part of a larger ongoing relationship with Ducks Unlimited, it’s most recent $250,000 donation is supporting wetland conservation in the J.D. Murphree Wildlife Management Area near Energy Transfer’s Nederland Terminal on Texas’s Gulf Coast. In the same area, employees recently volunteered to plant 120 trees in a community park adjoining a school as part of a $120,000 partnership with Wildlife Habitat Council.
Giving back has allowed Energy Transfer to turn one of its core values—do the right thing—into action that reaches beyond its office walls. “We want to be valued as a good business partner and a good neighbor,” says McCrea. “The best way to do that is to cultivate local relationships and get involved with organizations that are making a difference.”
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“Operationally, we moved record volumes across all our segments in 2023 and continue to see strong performances throughout our operations in the first quarter of 2024,” says Mackie McCrea, co-CEO, Energy Transfer. “We maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”
Mackie McCrea, co-CEO, Energy Transfer
Driven by its mission to meet worldwide demands for natural gas, NGL, crude oil, and refined products, Energy Transfer’s growth strategy will continue to include optimization and expansion projects that enhance its existing asset base and generate attractive returns.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
Tom Long, co-CEO, Energy Transfer
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
Energy Transfer got its start as a midstream energy company nearly 30 years ago, with 200 miles of natural gas pipelines running through east Texas and 20 employees on its payroll. Since then, with support from Texas’s pro-business environment, the company has expanded well beyond the Lone Star State. Today, Energy Transfer owns and operates more than 125,000 miles of pipelines and associated energy infrastructure, spanning 44 states. Its latest expansion included a $7.1 billion merger with Crestwood Equity Partners in November 2023, which extended the company’s reach deeper into the Williston, Delaware, and Powder River basins in North Dakota and Montana. That acquisition, paired with a record-breaking 2023, have only further cemented Energy Transfer’s place as a leader in the market.
“Operationally, we moved record volumes across all our segments in 2023 and continue to see strong performances throughout our operations in the first quarter of 2024,” says Mackie McCrea, co-CEO, Energy Transfer. “We maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”
Driven by its mission to meet worldwide demands for natural gas, NGL, crude oil, and refined products, Energy Transfer’s growth strategy will continue to include optimization and expansion projects that enhance its existing asset base and generate attractive returns.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
“Operationally, we moved record volumes across all our segments in 2023 and continue to see strong performances throughout our operations in the first quarter of 2024,” says Mackie McCrea, co-CEO, Energy Transfer. “We maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”
Driven by its mission to meet worldwide demands for natural gas, NGL, crude oil, and refined products, Energy Transfer’s growth strategy will continue to include optimization and expansion projects that enhance its existing asset base and generate attractive returns.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
“Operationally, we moved record volumes across all our segments in 2023 and continue to see strong performances throughout our operations in the first quarter of 2024,” says Mackie McCrea, co-CEO, Energy Transfer. “We maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”
Driven by its mission to meet worldwide demands for natural gas, NGL, crude oil, and refined products, Energy Transfer’s growth strategy will continue to include optimization and expansion projects that enhance its existing asset base and generate attractive returns.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
share of worldwide natural gas liquids (NGL) exports.”
Driven by its mission to meet worldwide demands for natural gas, NGL, crude oil, and refined products, Energy Transfer’s growth strategy will continue to include optimization and expansion projects that enhance its existing asset base and generate attractive returns.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
Mackie McCrea, co-CEO, Energy Transfer.
“Our financial position is stronger than any time in Energy Transfer history, which we believe will provide us with continued flexibility to balance pursuing new growth opportunities, further leveraging reduction, maintaining our targeted distribution growth rate, and increasing equity returns to our unitholders,” says Tom Long, co-CEO, Energy Transfer.
The company invests more than $700 million annually in maintenance and improvement initiatives to ensure the safety and efficiency of its assets. Its proprietary Dual Drive system, which allows compression units to switch from a natural gas engine to an electric motor, cuts the company’s greenhouse gas emissions by as much as 752,062 tons annually while significantly reducing use of the electrical grid. Other commitments the company has made include leveraging satellite technology to improve detection and incident prevention along its pipeline.
“Operationally, we moved record volumes across all our segments in 2023 and continue to see strong performances throughout our operations in the first quarter of 2024,” says Mackie McCrea, co-CEO, Energy Transfer. “We maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”
maintain an approximate 20% market share of worldwide natural gas liquids (NGL) exports.”