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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

1 Energy Stock Investors Are Buying up Like Crazy

With a $27.48 billion market cap, Energy Transfer LP (ET) provides energy-related services. The company sells natural gas to electric utilities, independent power plants, local distribution, and industrial end-users. It owns and operates more than 11,600 miles of natural gas transportation pipeline, three natural gas storage facilities in Texas and Oklahoma, and 19,830 miles of interstate natural gas pipeline.

In addition, the company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, NGL and propane fractionation facilities, and oil stabilization facilities in various states across the United States and North America.

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