Energy Transfer Partners

Type: Public
On the web: http://www.energytransfer.com
Employees: 5,430
Employee growth: 2.1%

Energy Transfer Partners distributes natural gas and propane across the US. The company operates about 14,600 miles of intrastate natural gas gathering and transmission pipelines, and 2,700 miles of interstate pipelines, and related storage assets. It sells more than 600 million gallons of propane a year to more than 1 million customers in 40 states. Energy Transfer Partners was formerly controlled by AGL Resources, Atmos Energy, Piedmont Natural Gas, and TECO Energy; the utilities sold their interests to Energy Transfer Equity in 2004. Energy Transfer Equity controls about 40% of Energy Transfer Partners.

Key numbers for fiscal year ending December, 2008:
Sales: $9,293.9M
One year growth: 36.8%
Net income: $866.0M
Income growth: 28.1%

Officers:
Chairman and CEO: Kelcy L. Warren
President and COO: Marshall S. (Mackie) McCrea III
CFO: Martin Salinas Jr.

Competitors:
DCP Midstream Partners
Enterprise Products
Ferrellgas Partners

Energy Transfer Partners is a Fortune 500 company headquartered in Dallas, Texas.^[1] This company allows investors participate in the growth of the energy economy.

References

1. ^ http://www.energytransfer.com/default.asp

This article about a company or corporation involved in the energy industry is a stub. You can help Wikipedia by expanding it.

This United States corporation or company article is a stub. You can help Wikipedia by expanding it.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)