Energy Transfer Partners (now officially Energy Transfer LP) is a U.S. Fortune 500 natural gas and propane pipeline transport company headquartered in Dallas, Texas. It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It is the parent company of Dakota Access, LLC, the company responsible for developing the controversial Dakota Access Pipeline.Energy Transfer is a master limited partnership; it owns the general partner and 100% of the IDRs of Regency Energy Partners LP and about 26.3 million RGP limited partner units. Energy Transfer also owns a non-controlling interest in a corporation that owns Southern Union Company and Sunoco, Inc. The Energy Transfer family of companies owns approximately 71,000 miles of natural gas, natural gas liquids, refined products, and crude pipelines.
Dakota Access, LLC, a subsidiary of the company, is developing the controversial Dakota Access Pipeline.Energy Transfer holds a 100% interest in Lone Star NGL, a joint venture that owns and operates natural gas liquids storage, fractionation and transportation assets in Texas, Louisiana and Mississippi. Energy Transfer Holdco Corporation also owns Southern Union Company.