Energy Transfer LP

ET: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$12.00	Fbbn	Cjdy

Energy Transfer's Crestwood Deal Looks a Bit Late

Stephen Ellis

Aug 16, 2023

Business Strategy and Outlook

In the past decade, Energy Transfer has built itself into one of the largest midstream energy companies with an enviable network of natural gas infrastructure, primarily in Texas and the U.S. midcontinent region. Energy Transfer has both contributed to and benefited from the U.S. shale oil and gas boom.

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