Energy Transfer: brands it owns and its ownership tree
Energy Transfer (NYSE: ET) is a publicly listed company headquartered in the United States that owns 5 consumer brands.[1][2]
Energy Transfer's 2025 Form 10-K lists wholly owned pipeline subsidiaries including Panhandle Eastern, Transwestern and Trunkline, and the wholly owned Lake Charles LNG. It also reports consolidated subsidiaries Sunoco LP and USA Compression Partners, and says it owns all of Sunoco LP's general partner.
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brands owned
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- Energy Transfer LP
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 United States
- Tickers
- NYSE: ET
- Revenue
- $85.5 billion (2025)[2]
- SEC CIK
- 0001276187
- Last verified
- · 2 sources
What Energy Transfer's annual report says about its business
Read from Energy Transfer's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Acquisitions and disposals named in the filing
- Acquired: Parkland, $140 million.
The increase in accruals during 2025 included the impact of $140 million recorded by Sunoco LP in connection with its acquisition of Parkland.
- Acquired: Crestwood assets (2023).
The Crestwood assets, acquired in 2023, include 11 LPG terminals which offer 12 MMBbls of storage capacity located in Pennsylvania, South Carolina, Mississippi, Michigan, New York and Indiana, with receipts and deliveries that are supported by both rail cars and third-party pipelines.
- Acquired: Burnaby Refinery.
Sunoco LP's Burnaby Refinery, acquired in the Parkland acquisition, competes with other refineries owned by major energy companies.
- Sold or exited: retail sites that are no longer operated by ETC Sunoco.
These legacy sites that are subject to environmental assessments include formerly owned terminals and other logistics assets, retail sites that are no longer operated by ETC Sunoco, closed and/or sold refineries and other formerly owned sites.
Energy Transfer in numbers
- Energy Transfer owns 5 consumer brands tracked here across 1 top-level categories; the largest is energy with 5 brands.[1]
Energy Transfer financial history
Headline figures from Energy Transfer's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $39bn to $85.5bn, an average of 17.0% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $85.5bn | $9.03bn | 10.6% | $4.43bn | $141.3bn | $68.3bn | 10-K | |
| $82.7bn | $9.14bn | 11.1% | $4.81bn | $125.4bn | $59.8bn | 10-K | |
| $78.6bn | $8.29bn | 10.6% | $3.94bn | $113.7bn | $51.4bn | 10-K | |
| $89.9bn | $7.74bn | 8.6% | $4.76bn | $105.6bn | $48.3bn | 10-K | |
| $67.4bn | $8.79bn | 13.0% | $5.47bn | $106bn | $49bn | 10-K | |
| $39bn | $2.98bn | 7.7% | $-648,000,000 | $95.1bn | $51.4bn | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Energy Transfer owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Energy Transfer SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Notice of delisting or failure to satisfy a listing rule; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Entry into a material agreement; Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Results of operations and financial condition | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Entry into a material agreement; Other events | |
| 8-K | Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition |
Frequently asked questions
What brands does Energy Transfer own?
Energy Transfer owns 5 consumer brands tracked here, including Lake Charles LNG, Dakota Access Pipeline, Panhandle Eastern Pipe Line, Transwestern Pipeline and Trunkline Gas.
Is Energy Transfer an American company?
Yes. Energy Transfer is headquartered in the United States.
Who owns Energy Transfer?
Energy Transfer is a publicly listed company owned by its shareholders; it trades as ET on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Energy Transfer LP Annual Report on Form 10-K filed 2026-02-19 — SEC EDGAR, SEC Form 10-K, published 19 February 2026; retrieved 5 October 2026.
- [2] Energy Transfer LP: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 19 February 2026; retrieved 5 October 2026.
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