Energy Transfer
RANK
43
Energy Transfer, the largest operator of natural gas pipelines in the U.S. by revenue, reported $89.9 billion in revenue in 2022, a 33% increase from the previous year, boosting it 11 spots on this year’s list.
- In 2022 Energy Transfer signed 20-year deals for the sale of liquefied natural gas with London-based oil company Shell and commodities trader Gunvor’s Singapore trading desk for 2.1 million tonnes a year and 2 million tonnes a year, respectively.
- Energy Transfer announced the $1.45 billion purchase of Lotus Midstream in March 2023, following a series of smaller acquisitions in 2022 worth $1.1 billion.
- The company faced several adverse legal outcomes in 2022: Pennsylvania’s attorney general found it criminally liable for repeatedly allowing industrial waste to flow into residential areas, while the Supreme Court upheld a judgment forcing Energy Transfer’s Sunoco unit to pay 53,000 oil well owners in Oklahoma $155 million for interest on late payments.
JOHANNES EISELE—AFP/Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Dallas
Industry
Pipelines
CEO
Thomas E. Long/Marshall S. McCrea III
Website
Company Type
Public
Ticker
ET
Revenues ($M)
$89,876
Profits ($M)
$4,756
Market Value ($M)
$38,590
Employees
12,565
A partnership. Market value as of March 31, 2023.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$89,876
33.3%
Profits ($M)
$4,756
-13.1%
Assets ($M)
$105,643
-
Total Stockholder Equity ($M)
$33,025
-
Profit Ratios
Profit as % of Revenues
5.3%
Profits as % of Assets
4.5%
Profits as % of Stockholder Equity
14.4%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
1.40
EPS % Change (from 2021)
-25.9%
EPS % Change (5 year annual rate)
11%
EPS % Change (10 year annual rate)
17.4%
Total Return
Total Return to Investors (2022)
55.6%
Total Return to Investors (5 year, annualized)
1.3%
Total Return to Investors (10 year, annualized)
7.8%
Energy Transfer Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2022 | $67,41773.1% | $5,470 | $105,963 | $31,300 |
| 2021 | $38,954-28.1% | $-648-118% | $95,144 | $18,529 |
| 2020 | $54,213-0.4% | $3,592112% | $98,880 | $21,827 |
| 2018 | $47,48726.6% | $954-4.1% | $86,246 | $-1,196 |
| 2017 | $37,504-11% | $995-16.3% | $79,011 | $-1,694 |
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