Energy Transfer LP’s pipelines carry about a third of the U.S.’s crude and natural gas. The company has attracted significant criticism in recent years as anti-pipeline opposition movements have gained momentum. The company owns a 36.4% interest in Dakota Access LLC, which is responsible for developing the headline-grabbing and controversial Dakota Access Pipeline. In February, Energy Transfer LP announced it would acquire Enable Midstream Partners for $7.2 billion, a move intended to increase the company’s footprint across multiple regions of the U.S.
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Latest news for Energy Transfer
- EnergyEnergy Transfer Is Terminating Its $33 Billion Merger With WilliamsJune 29, 2016 3:15 PM UTC
- FinanceCarl Icahn Protege’s Big Energy Deal Win Is Now a Major LossApril 20, 2016 1:08 AM UTC