Pipeline king Kelcy Warren's net worth is estimated at over $5.6 billion, with Energy Transfer shares accounting for most of his fortune, according to...
The acquisition gives Energy Transfer additional oil and gas pipelines and storage facilities in Texas, Montana, New Mexico, North and South Dakota, Wyoming and parts of Canada. That infrastructure can gather about 2 billion cubic feet of gas and 340,000 barrels of crude a day and process 1.4 billion cubic feet of gas a day.
Energy Transfer has grown into one of the key U.S. companies moving oil and gas extracted from geological basins across the country to refineries and shipping ports. It’s been an aggressive acquirer, closing just under $14 billion in deals in the last few years.The company owns and operates nearly 125,000 miles of pipeline and related infrastructure in 41 states. It’sAdvertisement.
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