Energy Transfer Equity

Energy Transfer LP

Type| Public company
Master limited partnership

Traded as

| NYSE: ET
Industry| Petroleum industry
Founded| September 2002; 23 years ago (2002-09) (as Energy Transfer Equity, L.P.)
Headquarters| Dallas, Texas, U.S.
Revenue|  $54.087 billion (2018)

Net income

|  $4.039 billion (2018)
Total assets|  $88.442 billion (2018)
Total equity|  $36.621 billion (2018)

Number of employees

| 11,768 (2018)
Website| www.energytransfer.com
Footnotes / references
[1]

Energy Transfer Equity, L.P. is the former name of Energy Transfer LP, a master limited partnership. Its only asset is a 100% interest in Energy Transfer Operating L.P. (formerly known as Energy Transfer Partners).

## History

The company was formed as La Grange Energy, L.P. by Energy Transfer in September 2002.

In February 2006, it became a public company via an initial public offering.[2]

In June 2015, the company made a proposal to acquire Williams Companies.[3] The offer was rejected.[4]

In October 2018, the company acquired Energy Transfer Partners and changed its name to Energy Transfer LP.[5]

## References

1. ↑ "Energy Transfer Operating L.P. 2018 Form 10-K Annual Report". U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1161154/000116115419000013/eto12-31x201810k.htm.
2. ↑ "Energy Transfer Equity, L.P. Announces Pricing of Initial Public Offering". Energy Transfer (Press release). February 2, 2006.
3. ↑ Sakelaris, Nicholas (June 23, 2015). "Energy Transfer Equity confirms it made $53B proposal to The Williams Company". American City Business Journals. https://www.bizjournals.com/dallas/news/2015/06/22/energy-transfer-equity-confirms-it-made-53b.html.
4. ↑ Sakelaris, Nicholas (June 22, 2015). "Why The Williams Company publicly rejected Energy Transfer Equity's $53B deal". American City Business Journals. https://www.bizjournals.com/dallas/news/2015/06/22/why-the-williams-company-publicly-rejected-energy.html.
5. ↑ Morwa, Rida (4 December 2018). "Energy Transfer LP: Safe 8.5% Yield And Enormous Upside Potential". Seeking Alpha. https://seekingalpha.com/article/4226088-energy-transfer-lp-safe-8_5-percent-yield-enormous-upside-potential. Retrieved 5 December 2018.

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