ET has been in the news 750% more than usual
Sep 05, 2025, 12:32 AM
-4.82%
What does ET do
Energy Transfer LP, based in Dallas, Texas, specializes in natural gas pipeline transportation and storage across 44 states, employing 13,786 staff since its IPO on February 3, 2006. The company’s operations include intrastate and interstate services, alongside crude oil and NGL transportation.
ET has been in the news recently: Sunoco LP is conducting a private offering of $1.7 billion in senior notes and 1.5 million Series A Preferred Units to finance its $850 million acquisition of Parkland Corporation. The offerings include $1 billion in senior notes due 2031 and $900 million due 2034, aimed at reducing credit facility borrowings as well.
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