Energy Transfer Investor Relations Material

Energy Transfer is an American company that specializes in the transportation of propane, crude oil, and natural gas through a vast network of pipelines across the US. Besides the transportation side of its business, the company also provides storage for the aforementioned products. The company owns and operates pipelines and related infrastructure that stretches for more than 125,000 miles across North America, and Energy Transfer owns a controlling stake in SUNOCO. The company is headquartered in Dallas, Texas, and its shares are traded on the NYSE.

The company was formed in 1996 and initially operated as a small outfit operating out of eastern Texas. However, expansion was rapid, and initially focused solely on natural gas. Over the years, Energy Transfer expanded its portfolio to include extensive assets in pipelines, storage, and transportation, becoming a key figure in the midstream segment of the industry. A significant milestone in its history was the acquisition of Sunoco in 2012, which marked its entry into liquids transportation and retail marketing. Further diversification came with the acquisition of the Lake Charles LNG project in 2014.

The acquisition of Sunoco in 2012 was a transformative move for Energy Transfer, significantly diversifying its asset portfolio and business operations. It not only provided access to Sunoco's extensive retail network and branded outlets but also enhanced Energy Transfer's logistics capabilities with additional crude oil and refined products pipelines.

Energy Transfer operates extensively in the midstream sector of the energy industry, primarily focusing on the transport, storage, and processing of energy resources. The company's operations are diverse, encompassing a vast network of natural gas and crude oil pipelines, stretching across the United States. These pipelines facilitate the efficient and safe transportation of these resources from production sites to refineries, storage facilities, and end markets.

Additionally, Energy Transfer is involved in the storage of natural gas and liquid hydrocarbons, ensuring a stable supply and mitigating market fluctuations. The company also engages in the processing of natural gas, which involves separating valuable components like ethane and propane, used in various industrial and commercial applications. Some companies with a similar focus to Energy Transfer are Kinder Morgan, Plains All American, and The Williams Companies.