Texas-based midstream energy company Energy Transfer jumped 27 spots on this year’s list, with revenue increasing 73% to $67.4 billion and profits up 89%, to $5.5 billion. Its improved performance is in part due to higher commodity prices and increased natural gas liquid (NGL) transportation and export volumes, all driven by the rebounding global economy. In December 2021, Energy Transfer finalized its acquisition of Enable Midstream Partners—adding significant natural gas and oil infrastructure assets to its portfolio. A strengthened domestic pipeline network gives the company better odds of weathering any instability in the global energy market resulting from the war in Ukraine.
Courtesy of Energy Transfer

Company Information

As of 8/3/2022
Country
U.S.
Headquarters
Dallas
Industry
Pipelines
CEO
Thomas E. Long/Marshall S. McCrea III
Company Type
Public
Ticker
ET
Revenues ($M)
$67,417
Profits ($M)
$5,470
Market Value ($M)
$32,182
Employees
12,558
A partnership. Market value as of July 19, 2022.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$67,417
73.1%
Profits ($M)
$5,470
-
Assets ($M)
$105,963
-
Total Stockholder Equity ($M)
$31,300
-

Profit Ratios

Profit as % of Revenues
8.1%
Profits as % of Assets
5.2%
Profits as % of Stockholder Equity
17.5%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
2
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
15.5%
EPS % Change (10 year annual rate)
18.5%

Total Return

Total Return to Investors (2021)
43%
Total Return to Investors (5 year, annualized)
-8.1%
Total Return to Investors (10 year, annualized)
5%

Energy Transfer Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
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
2016$42,126-24.4%$1,18987.8%$71,189$-932
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