Clients
Energy Transfer Partners, L.PIt was founded in 1995. It is headquartered in Dallas, Texas. They have 5000 employees. The Chairman of the Board and Chief Executive Officer is Kelcy Warren.
They have pipeline operations in Arkansas, Arizona, Colorado, Louisiana, Mississippi, New Mexico, Utah, and West Virginia. They are the largest single owner of natural gas pipeline in Texas and one of the largest producers of propane in the United States. This company allows investors participate in the growth of the energy economy. In October 2011, Amerigas Partners, owned by the UGI Corporation by 44%, bought its propane operations in exchange for $1.5 billion in cash and $1.3 billion in shares, as well as $71 million in debt from two Energy Transfer Partners’ subsidiaries, Heritage Operating and Titan Energy Partners. The same month, it also announced that it would build a new processing plant in the Barnett Shale and a 117-mile pipeline in Oklahoma as a result of a deal with XTO Energy. |
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