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Energy Transfer LP (ET)

USD20.19 +0.00 (+0.02%)
US NYSE Energy Oil & Gas Midstream
Address 8111 Westchester Drive 75225
Dallas, TX, US
CEO Marshall S. McCrea
IPO 2006-02-03
CIK 1276187 ISIN US29273V1008

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Also trades on New York Stock Exchange · ET (USD) New York Stock Exchange · ET-PC (USD) New York Stock Exchange · ET-PD (USD) New York Stock Exchange · ET-PE (USD) New York Stock Exchange · ET-PI (USD) New York Stock Exchange · ETPC (USD)
Description

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, having previously been known as Energy Transfer Equity, L.P.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
ETE SUG 2011-07-11 View
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ETP ETE 2018-08-14 View
SemGroup Holdco LLC SEMG 2019-10-03 View
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund ETO 2021-03-05 View
ETO ETO 2021-03-05 View
Crestwood Equity Partners LP CEQP 2023-09-14 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD20.19 +0.00 (+0.02%)
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Volume Profile
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Liquidity & share structure
Average Volume
12M
Beta
0.55
Float Shares
3.01B
Free Float %
87.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.40% -0.96% +2.19% +7.39% +18.28% +18.92% +12.44% +59.17% +105.34% +51.20% +239.42%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

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Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (32 ratings, all time) Buy
Price Targets & DCF
Current price
20.19
Low 19.00 -5.9%
Consensus 19.00 -5.9%
Median 19.00 -5.9%
High 19.00 -5.9%
DCF (Unlevered) 63.46 +214.4%
DCF (Levered) 44.61 +121.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 86% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 13 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 3
19.67
-2.6%
All Time 19
17.79
-11.9%
Quality scores
Altman Z-Score
1.25
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Midstream: +6.6%
    -0.1% Q1'26: +32.1% (vs Q1'25)
  • EPS growth Oil & Gas Midstream: +17.6%
    +5.5% Q1'26: -2.8% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Midstream: +25.7%
    +5.0% Q1'26: +5.4% (vs Q1'25)
  • EBIT margin Oil & Gas Midstream: +30.0%
    +11.6% Q1'26: +7.6% (vs Q1'25)
  • ROIC Oil & Gas Midstream: +7.6%
    +7.8% Q1'26: +6.6% (vs Q1'25)
  • Share dilution Oil & Gas Midstream: +0.0%
    +6.7% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×
    4.80× Q1'26: 4.81× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.57) × ERP
WACC = 51% × Ke + 49% × Kd (4.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 63.71 Current price: 20.19
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
8 EPS Ana.
Dec 2027
8 Rev. Ana.
10 EPS Ana.
Dec 2028
9 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
2 EPS Ana.
Dec 2030
4 Rev. Ana.
5 EPS Ana.
Revenue
8.24B
est: 9.92B (-16.9%)
16.96B
est: 55.24B (-69.3%)
48.34B
est: 76.25B (-36.6%)
55.69B
est: 68.58B (-18.8%)
42.13B
est: 42.81B (-1.6%)
37.50B
est: 35.61B (+5.3%)
40.52B
est: 40.91B (-0.9%)
54.09B
est: 50.89B (+6.3%)
54.21B
est: 54.38B (-0.3%)
38.95B
est: 40.47B (-3.7%)
67.42B
est: 66.47B (+1.4%)
89.88B
est: 88.43B (+1.6%)
78.59B
est: 83.63B (-6.0%)
82.67B
est: 80.35B (+2.9%)
82.63B
est: 80.92B (+2.1%)
106.26B
105.01B – 107.51B
+31.3% YoY
108.80B
108.37B – 109.23B
+2.4% YoY
110.23B
108.75B – 111.71B
+1.3% YoY
115.41B
103.27B – 121.45B
+4.7% YoY
120.82B
108.10B – 127.13B
+4.7% YoY
EBITDA
1.90B
est: 1.95B (-2.5%)
3.39B
est: 3.09B (+9.6%)
3.55B
est: 4.13B (-13.9%)
4.56B
est: 4.52B (+1.0%)
4.72B
est: 5.21B (-9.5%)
5.11B
est: 4.37B (+16.8%)
6.31B
est: 3.27B (+93.1%)
8.69B
est: 8.32B (+4.5%)
10.50B
est: 9.33B (+12.5%)
9.54B
est: 7.10B (+34.3%)
12.63B
est: 15.77B (-19.9%)
12.29B
est: 10.45B (+17.6%)
12.56B
est: 16.55B (-24.1%)
15.40B
est: 15.91B (-3.2%)
14.93B
est: 16.02B (-6.8%)
21.03B
20.79B – 21.28B
+31.3% YoY
21.54B
21.45B – 21.62B
+2.4% YoY
21.82B
21.53B – 22.11B
+1.3% YoY
22.85B
20.44B – 24.04B
+4.7% YoY
23.92B
21.40B – 25.17B
+4.7% YoY
EBIT
1.29B
est: 1.45B (-10.9%)
2.52B
est: 1.94B (+29.8%)
2.24B
est: 2.04B (+9.7%)
2.84B
est: 2.60B (+9.1%)
2.64B
est: 2.55B (+3.5%)
2.89B
est: 1.61B (+79.2%)
3.76B
est: 3.46B (+8.7%)
5.69B
est: 6.72B (-15.3%)
7.35B
est: 7.96B (-7.6%)
5.86B
est: 4.41B (+32.8%)
8.81B
est: 12.05B (-26.9%)
8.12B
est: 7.03B (+15.5%)
8.18B
est: 9.89B (-17.4%)
10.23B
est: 9.51B (+7.6%)
9.61B
est: 9.57B (+0.4%)
12.57B
12.42B – 12.72B
+31.3% YoY
12.87B
12.82B – 12.92B
+2.4% YoY
13.04B
12.87B – 13.22B
+1.3% YoY
13.65B
12.22B – 14.37B
+4.7% YoY
14.29B
12.79B – 15.04B
+4.7% YoY
Net Income
309.81M
est: 362.20M (-14.5%)
304.00M
est: 370.94M (-18.0%)
196.00M
est: 178.79M (+9.6%)
633.00M
est: 686.42M (-7.8%)
1.19B
est: 1.29B (-8.0%)
995.00M
est: 1.15B (-13.4%)
954.00M
est: 1.19B (-20.0%)
1.69B
est: 2.13B (-20.5%)
3.52B
est: 3.89B (-9.6%)
-648.00M
est: -3.25B (+80.0%)
5.47B
est: 7.94B (-31.1%)
4.76B
est: 4.02B (+18.3%)
3.94B
est: 3.94B (-0.1%)
4.81B
est: 5.03B (-4.3%)
4.90B
est: 4.89B (+0.2%)
5.20B
4.64B – 6.73B
+6.3% YoY
5.72B
4.87B – 7.02B
+10.0% YoY
5.66B
4.52B – 6.96B
-1.0% YoY
6.59B
5.69B – 7.04B
+16.4% YoY
7.63B
6.59B – 8.15B
+15.8% YoY
SGA
292.16M
est: 1.04B (-72.0%)
517.00M
est: 2.35B (-78.0%)
660.00M
est: 3.72B (-82.2%)
744.00M
est: 3.07B (-75.7%)
803.00M
est: 3.57B (-77.5%)
791.00M
est: 4.13B (-80.8%)
599.00M
est: 4.09B (-85.3%)
702.00M
est: 4.77B (-85.3%)
694.00M
est: 4.33B (-84.0%)
711.00M
est: 3.84B (-81.5%)
818.00M
est: 1.00B (-18.6%)
1.02B
est: 877.51M (+16.0%)
1.11B
est: 1.10B (+0.4%)
1.34B
est: 1.06B (+25.9%)
1.02B
est: 1.07B (-4.8%)
1.40B
1.39B – 1.42B
+31.3% YoY
1.44B
1.43B – 1.44B
+2.4% YoY
1.46B
1.44B – 1.48B
+1.3% YoY
1.52B
1.36B – 1.60B
+4.7% YoY
1.60B
1.43B – 1.68B
+4.7% YoY
EPS
0.35
est: 0.52 (-32.7%)
0.28
est: 0.63 (-55.2%)
0.18
est: 0.90 (-79.9%)
0.58
est: 0.78 (-25.6%)
1.11
est: 1.15 (-3.3%)
0.94
est: 0.99 (-5.3%)
0.85
est: 1.12 (-23.8%)
1.19
est: 1.36 (-12.6%)
1.34
est: 1.39 (-3.8%)
-0.24
est: -0.23 (-2.2%)
1.89
est: 1.88 (+0.8%)
1.40
est: 1.47 (-4.8%)
1.10
est: 1.20 (-8.1%)
1.29
est: 1.36 (-5.4%)
1.36
est: 1.34 (+1.5%)
1.53
1.27 – 1.84
+14.3% YoY
1.61
1.33 – 1.92
+5.3% YoY
1.63
1.24 – 1.91
+0.9% YoY
1.81
1.56 – 1.93
+11.0% YoY
2.09
1.80 – 2.23
+15.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 5/5 4/5 3/5 1/5 3/5 3/5
2026-05-08 A- 4/5 5/5 5/5 4/5 1/5 3/5 3/5
2026-05-07 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-05-06 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-05-05 B+ 3/5 5/5 3/5 4/5 1/5 3/5 3/5
2026-05-04 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-05-01 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-30 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-29 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-28 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-27 A- 4/5 5/5 4/5 4/5 1/5 3/5 3/5
2026-04-24 A- 4/5 5/5 4/5 5/5 1/5 3/5 3/5
2026-04-23 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-15 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.79B
OE per share TTM
1.04
Owner's Yield
5.40%
Maintenance CapEx ratio
94.33%
Maint CapEx / Avg PPE
122.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
573
Total invested
2.23B
Insider transactions (90d)
0
Beneficial owners (>5%)
28
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Kelcy L. Warren 302.40M 8.80% 301.47M 929.5K 301.47M 929.5K IN 2024-09-17
2 CenterPoint Energy Midstream, Inc. 201.00M 6.50% 201.00M 201.00M CO Texas 2021-12-10
3 CenterPoint Energy, Inc. 201.00M 6.50% 201.00M 201.00M HC, CO Texas 2021-12-10
4 of 10 184.73M 6.90% 184.73M 184.73M OO Delaware 2020-04-29
5 Blackstone Group Management L.L.C. 171.55M 5.60% 171.55M 171.55M OO 2022-02-11
6 Blackstone Holdings I/II GP L.L.C. 171.55M 5.60% 171.55M 171.55M OO 2022-02-11
7 Blackstone Inc. 171.55M 5.60% 171.55M 171.55M CO 2022-02-11
8 Stephen A. Schwarzman 171.55M 5.60% 171.55M 171.55M IN 2022-02-11
9 The Blackstone Group Inc. 133.62M 4.95% 133.62M 133.62M CO Delaware 2021-02-16
10 Kelcy Warren Partners, L.P. 123.39M 3.60% 123.39M 123.39M PN 2024-09-17
11 Kelcy Warren Partners III, LLC 100.58M 2.90% 100.58M 100.58M OO 2024-09-17
12 LE GP, LLC             27-0030188 50.23M 28.00% 50.23M 50.23M 10.00 OO Citizenship or Place of Organization 2010-06-04
13 Randa Duncan Williams 38.98M 17.50% 38.98M 10.00 IN OR PLACE OF ORGANIZATION 2010-04-09
14 The Voting Trustees of the EPCO, Inc. Voting Trust 38.98M 17.50% 38.98M 10.00 IN OR PLACE OF ORGANIZATION 2010-04-09
15 The Voting Trustees of the Dan Duncan LLC Voting Trust 38.98M 17.50% 38.98M 10.00 IN OR PLACE OF ORGANIZATION 2010-04-09
16 Seven Bridges Holdings, LLC 35.93M 6.70% 35.93M 35.93M 10.00 OO Texas 2014-11-12
17 Energy Transfer Equity, L.P.             30-0108820 26.27M 22.00% 26.27M 26.27M 10.00 PN Citizenship or Place of Organization 2010-06-04
18 (B)    RICHARD A. KAYNE 20.14M 9.03% 20.14M 20.14M IN IS A CALIFORNIA 2012-01-20
19 (A)        KAYNE ANDERSON CAPITAL ADVISORS, L.P. - 95-4486379 19.11M 6.83% 19.11M 19.11M IA IS A CALIFORNIA 2013-01-10
20 Ray C. Davis 18.90M 8.48% 937.8K 17.96M 937.8K 17.96M IN United States of America 2008-12-30
21 ETC Holdings, L.P. 17.96M 8.06% 17.96M 17.96M PN United States of America 2008-12-30
22 (A)     KAYNE ANDERSON CAPITAL ADVISORS, L.P. - 95-4486379 13.07M 4.67% 13.07M 13.07M IA IS A CALIFORNIA 2013-05-09
23 Kelcy Warren Partners II, L.P. 10.22M 0.30% 10.22M 10.22M PN 2024-09-17
24 Kelcy Warren Partners II, LP 3.48M 0.60% 3.48M 3.48M 10.00 PN Texas 2014-11-12
25 Avatar Investments, LP 742.3K 0.33% 742.3K 742.3K 10.00 PN United States of America 2008-12-30
26 ET Company Ltd. 656.8K 0.10% 656.8K 656.8K PN 2024-09-17
27 LE GP, LLC 601.1K 0.10% 601.1K 601.1K OO 2024-09-17
28 Avatar Holdings, LLC 50.00 0.00% 50.00 50.00 10.00 PN United States of America 2008-12-30

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
573
-691 vs prev Q
New positions
49
Closed positions
725
Increased
283
Reduced
149
Put/Call ratio
0.00
Calls held
3.1K
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MORGAN STANLEY 86.31M +25.4M (+41.6%) 1.42B +377.5M (+36.1%) 2.36% +0.589 pp 0.09% +0.022 pp USD15.24 +8.2% 51 qtrs
2 ALPS ADVISORS INC 83.84M +6.2M (+8.0%) 1.38B +50.1M (+3.8%) 2.30% +0.041 pp 8.05% +0.632 pp USD13.11 +25.8% 43 qtrs
3 INVESCO LTD. 54.99M -2.9M (-5.0%) 906.86M -86.1M (-8.7%) 1.51% -0.179 pp 0.14% -0.017 pp USD13.20 +24.9% 36 qtrs
4 GOLDMAN SACHS GROUP INC 51.64M -3.9M (-7.1%) 851.53M -102.0M (-10.7%) 1.42% -0.200 pp 0.10% -0.012 pp USD14.17 +16.4% 73 qtrs
5 TORTOISE CAPITAL ADVISORS, L.L.C. 38.68M +103.2K (+0.3%) 637.76M -24.1M (-3.6%) 1.06% -0.064 pp 8.12% -0.421 pp USD13.52 +22.0% 80 qtrs
6 JPMORGAN CHASE & CO 36.71M -8.1M (-18.1%) 605.41M -163.6M (-21.3%) 1.01% -0.297 pp 0.04% -0.008 pp USD15.06 +9.5% 51 qtrs
7 UBS GROUP AG 31.49M -2.7M (-7.8%) 519.23M -66.6M (-11.4%) 0.86% -0.132 pp 0.08% -0.008 pp USD14.21 +16.0% 45 qtrs
8 BANK OF AMERICA CORP /DE/ 29.30M +1.3M (+4.6%) 483.15M +2.3M (+0.5%) 0.80% -0.014 pp 0.04% +0.003 pp USD12.31 +34.0% 52 qtrs
9 BLACKSTONE INC. 25.78M -12.8M (-33.1%) 425.03M -236.3M (-35.7%) 0.71% -0.417 pp 1.68% -0.983 pp USD7.09 +132.6% 24 qtrs
10 ENERGY INCOME PARTNERS, LLC 25.16M +1.8M (+7.7%) 414.86M +14.2M (+3.5%) 0.69% +0.011 pp 7.51% -0.212 pp USD12.01 +37.3% 31 qtrs
11 KAYNE ANDERSON CAPITAL ADVISORS LP 23.95M -12.0K (-0.1%) 395.02M -16.3M (-4.0%) 0.66% -0.040 pp 8.97% -0.058 pp USD13.97 +18.0% 80 qtrs
12 FIRST RESERVE GP XIII LTD 23.34M +— (+0.0%) 384.88M -15.6M (-3.9%) 0.64% -0.039 pp 87.28% +1.730 pp USD13.80 +19.5% 9 qtrs
13 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 22.56M +663.9K (+3.0%) 372.05M -3.7M (-1.0%) 0.62% -0.018 pp 0.56% -0.045 pp USD16.66 -1.0% 7 qtrs
14 FMR LLC 22.09M -7.4M (-25.1%) 364.26M -141.7M (-28.0%) 0.61% -0.252 pp 0.02% -0.008 pp USD14.23 +15.9% 56 qtrs
15 NATIXIS 20.48M +2.9M (+16.5%) 337.79M +36.0M (+11.9%) 0.56% +0.051 pp 1.20% -0.200 pp USD14.04 +17.5% 39 qtrs
16 NEUBERGER BERMAN GROUP LLC 15.95M -155.4K (-1.0%) 263.00M -13.4M (-4.8%) 0.44% -0.031 pp 0.20% -0.006 pp USD13.98 +18.0% 51 qtrs
17 CHICKASAW CAPITAL MANAGEMENT LLC 15.50M -219.1K (-1.4%) 255.54M -14.1M (-5.2%) 0.43% -0.032 pp 10.53% -0.491 pp USD14.60 +12.9% 51 qtrs
18 CIBC PRIVATE WEALTH GROUP, LLC 15.37M +28.1K (+0.2%) 253.40M -9.8M (-3.7%) 0.42% -0.025 pp 0.43% -0.022 pp USD13.95 +18.2% 48 qtrs
19 COOPERMAN LEON G 13.32M +225.1K (+1.7%) 219.65M -5.1M (-2.3%) 0.37% -0.016 pp 7.29% +0.272 pp USD12.55 +31.4% 28 qtrs
20 CLEARBRIDGE INVESTMENTS, LLC 13.01M +374.0K (+3.0%) 214.62M -2.3M (-1.1%) 0.36% -0.011 pp 0.17% +0.009 pp USD12.86 +28.2% 62 qtrs
21 WELLS FARGO & COMPANY/MN 12.75M +928.9K (+7.9%) 210.24M +7.4M (+3.6%) 0.35% +0.005 pp 0.04% 0.000 pp USD14.20 +16.1% 57 qtrs
22 BNP PARIBAS ARBITRAGE, SNC 12.70M +1.6M (+14.8%) 209.50M +19.6M (+10.3%) 0.35% +0.026 pp 0.09% -0.007 pp USD15.23 +8.3% 51 qtrs
23 BERKLEY W R CORP 8.25M +1.0M (+13.8%) 136.04M +11.6M (+9.4%) 0.23% +0.015 pp 6.40% -0.770 pp USD12.72 +29.6% 18 qtrs
24 CUSHING ASSET MANAGEMENT, LP 7.99M -220.0K (-2.7%) 131.78M -9.1M (-6.5%) 0.22% -0.020 pp 7.56% -0.442 pp USD13.04 +26.5% 62 qtrs
25 LPL FINANCIAL LLC 7.70M +235.9K (+3.2%) 126.91M -1.1M (-0.9%) 0.21% -0.006 pp 0.03% -0.003 pp USD14.78 +11.6% 51 qtrs
26 RAYMOND JAMES FINANCIAL INC 7.45M +418.4K (+6.0%) 122.80M +2.2M (+1.8%) 0.20% 0.000 pp 0.04% -0.001 pp USD19.22 -14.2% 5 qtrs
27 BROOKFIELD CORP /ON/ 7.06M -3.1M (-30.6%) 116.48M -58.2M (-33.3%) 0.19% -0.103 pp 0.14% -0.059 pp USD9.80 +68.3% 23 qtrs
28 EAGLE GLOBAL ADVISORS LLC 6.51M +45.8K (+0.7%) 107.38M -3.6M (-3.2%) 0.18% -0.010 pp 3.97% -0.281 pp USD11.87 +38.9% 80 qtrs
29 STIFEL FINANCIAL CORP 6.44M +71.8K (+1.1%) 106.16M -3.1M (-2.8%) 0.18% -0.009 pp 0.10% -0.004 pp USD13.53 +21.9% 48 qtrs
30 LONG FOCUS CAPITAL MANAGEMENT, LLC 6.23M +3.8M (+152.6%) 102.81M +60.5M (+142.8%) 0.17% +0.099 pp 2.71% +1.306 pp USD16.54 -0.3% 13 qtrs
31 ABRAMS CAPITAL MANAGEMENT, L.P. 6.12M -90.4K (-1.5%) 100.84M -5.6M (-5.3%) 0.17% -0.013 pp 1.78% +0.051 pp USD4.92 +235.2% 24 qtrs
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 5.99M +2.0M (+51.1%) 98.85M +30.8M (+45.2%) 0.16% +0.049 pp 0.01% +0.004 pp USD17.10 -3.6% 51 qtrs
33 STEPHENS GROUP, LLC 5.57M +— (+0.0%) 91.92M -3.7M (-3.9%) 0.15% -0.009 pp 49.57% -2.012 pp USD8.23 +100.4% 17 qtrs
34 GARRETT WEALTH ADVISORY GROUP, LLC 5.48M +337.0 (+0.0%) 90.35M -3.7M (-3.9%) 0.15% -0.009 pp 17.07% -1.247 pp USD16.04 +2.8% 29 qtrs
35 RECURRENT INVESTMENT ADVISORS LLC 5.35M +364.4K (+7.3%) 88.24M +2.7M (+3.1%) 0.15% +0.001 pp 6.52% -0.037 pp USD12.33 +33.7% 25 qtrs
36 PATIENT CAPITAL MANAGEMENT, LLC 5.27M +384.7K (+7.9%) 86.95M +3.1M (+3.7%) 0.14% +0.002 pp 3.36% -0.002 pp USD13.28 +24.2% 17 qtrs
37 MILLER HOWARD INVESTMENTS INC /NY 5.23M -122.0K (-2.3%) 86.23M -5.6M (-6.1%) 0.14% -0.012 pp 2.60% -0.198 pp USD13.04 +26.5% 37 qtrs
38 COMMERCE BANK 4.99M -1.7K (0.0%) 82.32M -3.4M (-3.9%) 0.14% -0.009 pp 0.45% -0.022 pp USD18.59 -11.3% 4 qtrs
39 CITIGROUP INC 4.86M -1.1M (-18.0%) 80.06M -21.5M (-21.2%) 0.13% -0.039 pp 0.04% -0.010 pp USD12.91 +27.7% 62 qtrs
40 FRACTAL INVESTMENTS LLC 4.80M +— (+0.0%) 79.11M -3.2M (-3.9%) 0.13% -0.008 pp 11.05% -0.839 pp USD9.75 +69.1% 17 qtrs
41 ROYAL BANK OF CANADA 4.74M +17.6K (+0.4%) 78.24M -2.9M (-3.5%) 0.13% -0.008 pp 0.01% -0.001 pp USD13.61 +21.2% 51 qtrs
42 ROCKEFELLER CAPITAL MANAGEMENT L.P. 4.54M +578.1K (+14.6%) 74.94M +6.9M (+10.1%) 0.12% +0.009 pp 0.13% +0.002 pp USD13.61 +21.2% 32 qtrs
43 BLACKROCK, INC. 3.97M -25.0K (-0.6%) 65.39M -3.1M (-4.5%) 0.11% -0.008 pp 0.00% 0.000 pp USD17.83 -7.5% 6 qtrs
44 PINNACLE WEALTH PLANNING SERVICES, INC. 3.84M -22.2K (-0.6%) 63.25M -3.0M (-4.5%) 0.11% -0.007 pp 6.60% -1.153 pp USD8.96 +84.0% 23 qtrs
45 DUFF & PHELPS INVESTMENT MANAGEMENT CO 3.77M -137.7K (-3.5%) 62.10M -4.9M (-7.3%) 0.10% -0.010 pp 0.70% -0.055 pp USD11.94 +38.1% 52 qtrs
46 CHICAGO PARTNERS INVESTMENT GROUP LLC 3.38M +44.1K (+1.3%) 60.87M +4.1M (+7.3%) 0.09% -0.004 pp 1.50% +0.016 pp USD14.82 +11.3% 45 qtrs
47 HRT FINANCIAL LP 3.46M +1.1M (+45.8%) 57.02M +16.3M (+40.1%) 0.09% +0.026 pp 0.18% +0.030 pp USD16.99 -2.9% 13 qtrs
48 CITADEL ADVISORS LLC 3.33M -564.0K (-14.5%) 54.91M -11.9M (-17.8%) 0.09% -0.022 pp 0.01% -0.002 pp USD15.72 +4.9% 38 qtrs
49 AMERICANA PARTNERS, LLC 3.19M +377.2K (+13.4%) 52.54M +4.3M (+9.0%) 0.09% +0.006 pp 1.44% -0.008 pp USD16.10 +2.4% 25 qtrs
50 COHEN & STEERS, INC. 3.05M +459.1K (+17.7%) 50.33M +5.8M (+13.1%) 0.08% +0.008 pp 0.09% +0.011 pp USD12.52 +31.7% 60 qtrs
51 LONGFELLOW INVESTMENT MANAGEMENT CO LLC 3.03M +1.1M (+56.3%) 49.94M +16.7M (+50.1%) 0.08% +0.027 pp 11.26% +3.380 pp USD11.38 +44.9% 21 qtrs
52 INFRASTRUCTURE CAPITAL ADVISORS, LLC 3.03M -75.0K (-2.4%) 49.92M -2.3M (-4.4%) 0.08% -0.008 pp 4.83% -0.373 pp USD12.42 +32.8% 37 qtrs
53 MARYLAND STATE RETIREMENT & PENSION SYSTEM 2.98M +51.7K (+1.8%) 49.13M -1.1M (-2.2%) 0.08% -0.004 pp 1.01% -0.044 pp USD13.40 +23.1% 13 qtrs
54 BANK OF MONTREAL /CAN/ 2.89M +139.3K (+5.1%) 47.67M +454.0K (+1.0%) 0.08% -0.001 pp 0.02% -0.002 pp USD19.36 -14.8% 51 qtrs
55 PROGENY 3, INC. 2.88M +75.1K (+2.7%) 47.42M -637.9K (-1.3%) 0.08% -0.003 pp 2.55% +0.073 pp USD15.55 +6.0% 10 qtrs
56 ADVISOR GROUP HOLDINGS, INC. 2.86M -145.1K (-4.8%) 47.11M -5.8M (-10.9%) 0.08% -0.009 pp 0.07% -0.005 pp USD12.06 +36.7% 24 qtrs
57 EMPLOYEES RETIREMENT SYSTEM OF TEXAS 2.83M -50.8K (-1.8%) 46.73M -2.8M (-5.6%) 0.08% -0.006 pp 0.38% -0.015 pp USD18.51 -10.9% 4 qtrs
58 HIGHTOWER ADVISORS, LLC 2.72M -389.0K (-12.5%) 44.84M -8.5M (-15.9%) 0.07% -0.016 pp 0.05% -0.012 pp USD12.35 +33.5% 56 qtrs
59 PHILOSOPHY CAPITAL MANAGEMENT LLC 2.68M +145.4K (+5.7%) 44.25M +697.0K (+1.6%) 0.07% 0.000 pp 2.01% +0.230 pp USD11.27 +46.3% 17 qtrs
60 JUMP FINANCIAL, LLC 2.59M +1.5M (+128.0%) 42.63M +23.2M (+119.1%) 0.07% +0.038 pp 0.52% +0.291 pp USD17.16 -3.9% 17 qtrs
61 HSBC HOLDINGS PLC 2.56M +— (+0.0%) 42.14M -1.4M (-3.3%) 0.07% -0.004 pp 0.02% -0.003 pp USD19.59 -15.8% 56 qtrs
62 BARCLAYS PLC 2.46M -6.8M (-73.4%) 40.59M -108.1M (-72.7%) 0.07% -0.203 pp 0.01% -0.028 pp USD15.84 +4.1% 51 qtrs
63 KAMUNTING STREET CAPITAL MANAGEMENT, L.P. 2.32M -63.2K (-2.7%) 38.19M -2.6M (-6.5%) 0.06% -0.006 pp 26.05% -4.332 pp USD15.63 +5.5% 25 qtrs
64 APPALOOSA LP 2.19M -2.8M (-55.8%) 36.13M -48.9M (-57.5%) 0.06% -0.084 pp 0.52% -0.630 pp USD9.20 +79.2% 35 qtrs
65 CETERA INVESTMENT ADVISERS 2.19M +154.4K (+7.6%) 36.05M +1.2M (+3.4%) 0.06% +0.001 pp 0.04% -0.001 pp USD15.87 +3.9% 25 qtrs
66 ALLIANZ ASSET MANAGEMENT GMBH 2.15M -412.0K (-16.1%) 35.54M -8.5M (-19.3%) 0.06% -0.016 pp 0.04% -0.013 pp USD12.87 +28.1% 36 qtrs
67 NORTHSIDE CAPITAL MANAGEMENT, LLC 2.11M +31.5K (+1.5%) 34.73M -871.2K (-2.4%) 0.06% -0.003 pp 3.02% -0.233 pp USD18.02 -8.5% 3 qtrs
68 NUVEEN, LLC 2.10M -114.2K (-5.2%) 34.64M -3.4M (-8.9%) 0.06% -0.007 pp 0.01% -0.001 pp USD18.52 -11.0% 4 qtrs
69 WALNUT PRIVATE EQUITY PARTNERS, LLC 2.05M +10.0K (+0.5%) 33.76M -1.2M (-3.4%) 0.06% -0.003 pp 19.64% -0.163 pp USD14.82 +11.3% 49 qtrs
70 CATALYST CAPITAL ADVISORS LLC 2.01M -142.2K (-6.6%) 33.21M -3.8M (-10.2%) 0.06% -0.008 pp 0.68% -0.064 pp USD13.45 +22.6% 46 qtrs
71 CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. 2.01M -112.1K (-5.3%) 33.15M -3.3M (-9.0%) 0.06% -0.007 pp 0.09% -0.012 pp USD14.28 +15.5% 51 qtrs
72 ZURICH INSURANCE GROUP LTD/FI 1.99M -1.7M (-46.3%) 32.83M -30.7M (-48.3%) 0.05% -0.053 pp 0.23% -0.226 pp USD19.59 -15.8% 5 qtrs
73 SG AMERICAS SECURITIES, LLC 1.94M +1.3M (+187.1%) 32.00M +20.4M (+175.9%) 0.05% +0.034 pp 0.04% +0.002 pp USD16.54 -0.3% 29 qtrs
74 CI PRIVATE WEALTH, LLC 1.88M +33.3K (+1.8%) 31.02M +52.5K (+0.2%) 0.05% -0.002 pp 0.04% -0.007 pp USD16.38 +0.7% 13 qtrs
75 EXCHANGE TRADED CONCEPTS, LLC 1.86M +253.5K (+15.8%) 30.68M +3.1M (+11.3%) 0.05% +0.004 pp 0.23% -0.001 pp USD14.42 +14.4% 25 qtrs
76 MARINER, LLC 1.83M +1.7K (+0.1%) 30.11M -1.2M (-3.8%) 0.05% -0.003 pp 0.04% -0.005 pp USD14.19 +16.2% 52 qtrs
77 COMMONWEALTH EQUITY SERVICES, LLC 1.81M -59.0K (-3.2%) 29.79M -2.2M (-6.9%) 0.05% -0.005 pp 0.04% -0.002 pp USD16.48 +0.1% 8 qtrs
78 JANE STREET GROUP, LLC 1.69M +248.7K (+17.2%) 27.94M +3.1M (+12.6%) 0.05% +0.004 pp 0.00% +0.000 pp USD17.51 -5.8% 6 qtrs
79 BEACON POINTE ADVISORS, LLC 1.67M -138.4K (-7.7%) 27.46M -3.5M (-11.3%) 0.05% -0.007 pp 0.19% -0.070 pp USD16.49 +0.0% 21 qtrs
80 SANCTUARY ADVISORS, LLC 1.63M +4.9K (+0.3%) 26.89M -1.0M (-3.6%) 0.04% -0.003 pp 0.15% -0.012 pp USD17.25 -4.4% 7 qtrs
81 CALLODINE CAPITAL MANAGEMENT, LP 1.59M +215.0K (+15.7%) 26.14M +2.6M (+11.2%) 0.04% +0.004 pp 2.10% +0.040 pp USD16.36 +0.8% 29 qtrs
82 U.S. CAPITAL WEALTH ADVISORS, LLC 1.56M +129.5K (+9.1%) 25.73M +1.2M (+4.8%) 0.04% +0.001 pp 0.67% +0.012 pp USD13.53 +21.9% 18 qtrs
83 JENNISON ASSOCIATES LLC 1.51M -84.0K (-5.3%) 24.98M -2.5M (-9.0%) 0.04% -0.005 pp 0.02% -0.001 pp USD11.96 +37.9% 38 qtrs
84 ADAMS ASSET ADVISORS, LLC 1.42M +6.1K (+0.4%) 23.46M -848.1K (-3.5%) 0.04% -0.002 pp 3.09% -0.047 pp USD6.16 +167.7% 24 qtrs
85 DELPHI FINANCIAL GROUP, INC. 1.42M +— (+0.0%) 23.45M -952.7K (-3.9%) 0.04% -0.002 pp 11.71% -2.015 pp USD13.55 +21.7% 33 qtrs
86 WAVERLY ADVISORS, LLC 1.41M +122.1K (+9.5%) 23.27M +1.1M (+5.2%) 0.04% +0.001 pp 0.19% -0.032 pp USD17.73 -7.0% 9 qtrs
87 STEPHENS INC /AR/ 1.38M -16.9K (-1.2%) 22.78M -1.2M (-5.1%) 0.04% -0.003 pp 0.28% -0.022 pp USD12.71 +29.7% 80 qtrs
88 ALDEN GLOBAL CAPITAL LLC 1.37M +— (+0.0%) 22.60M -918.2K (-3.9%) 0.04% -0.002 pp 10.63% -3.113 pp USD16.16 +2.0% 9 qtrs
89 GROUP ONE TRADING, L.P. 1.37M +609.6K (+80.6%) 22.53M +9.5M (+73.5%) 0.04% +0.015 pp 0.04% +0.017 pp USD17.52 -5.9% 33 qtrs
90 MONETA GROUP INVESTMENT ADVISORS LLC 1.34M -18.7K (-1.4%) 22.16M -1.2M (-5.2%) 0.04% -0.003 pp 0.17% -0.018 pp USD13.44 +22.7% 24 qtrs
91 EMPOWERED FUNDS, LLC 1.33M +244.1K (+22.4%) 21.98M +3.3M (+17.6%) 0.04% +0.005 pp 0.17% -0.014 pp USD16.79 -1.8% 9 qtrs
92 TEXAS YALE CAPITAL CORP. 1.31M +75.7K (+6.1%) 21.63M +420.0K (+2.0%) 0.04% +0.000 pp 0.66% -0.012 pp USD14.89 +10.7% 70 qtrs
93 GABELLI FUNDS LLC 1.31M +14.7K (+1.1%) 21.62M -625.6K (-2.8%) 0.04% -0.002 pp 0.15% -0.004 pp USD10.85 +52.0% 56 qtrs
94 APTUS CAPITAL ADVISORS, LLC 1.24M +23.5K (+1.9%) 20.38M -424.2K (-2.0%) 0.03% -0.002 pp 0.15% -0.005 pp USD13.99 +17.9% 13 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
2
Sells
0
Shares acquired
2.00M
Shares disposed
Cash buys
2.00
Cash sales
Net activity
+2,000,000
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-01-02 Ramsey Matthew S. Director A-Award A Common Units 7,423 0.00 1,168,212 D
2026-01-02 Perry James Richard Director A-Award A Common Units 7,423 0.00 195,687 D
2026-01-02 MCREYNOLDS JOHN W Director A-Award A Common Units 7,423 0.00 686,236 D
2026-01-02 Grimm Michael K Director A-Award A Common Units 7,423 0.00 751,138 D
2026-01-02 Anderson Steven R. Director A-Award A Common Units 7,423 0.00 83,303 D
2025-12-29 Perry James Richard Director G-Gift A Common Units 10 0.00 188,264 D
2025-12-29 Grimm Michael K Director G-Gift A Common Units 10 0.00 243,715 D
2025-12-29 Anderson Steven R. Director G-Gift A Common Units 10 0.00 75,880 D
2025-12-05 Wright James M. Officer A-Award A Cash Units 60,125 0.00 110,767 D
2025-12-05 Sturrock Troy Officer A-Award A Cash Units 18,925 0.00 35,300 D
2025-12-05 McIlwain Gregory G. Officer F-InKind D Common Units 46,255 16.60 767.8K 652,731 D
2025-12-05 MCCREA MARSHALL S III Director / Officer A-Award A Cash Units 234,812 0.00 463,716 D
2025-12-05 Long Thomas E Director / Officer A-Award A Cash Units 234,812 0.00 463,716 D
2025-12-05 Bramhall Dylan Officer A-Award A Common Units 200,438 0.00 897,763 D
2025-11-20 WARREN KELCY L Director P-Purchase A Common Units 1,000,000 16.81 16.81M 105,577,803 I
2025-11-19 WARREN KELCY L Director P-Purchase A Common Units 1,000,000 16.95 16.95M 104,577,803 I
2025-08-20 WARREN KELCY L Director P-Purchase A Common Units 1,350,000 17.36 23.44M 69,178,477 D
2025-08-19 WARREN KELCY L Director P-Purchase A Common Units 650,000 17.30 11.25M 67,828,477 D
2025-06-13 Perry James Richard Director S-Sale D Common Units 1,369 18.48 25.3K 24,523 I
2025-01-02 Ramsey Matthew S. Director A-Award A Common Units 7,760 0.00 1,160,789 D
2025-01-02 Perry James Richard Director A-Award A Common Units 7,760 0.00 188,254 D
2025-01-02 MCREYNOLDS JOHN W Director A-Award A Common Units 7,760 0.00 678,813 D
2025-01-02 Grimm Michael K Director A-Award A Common Units 7,760 0.00 243,705 D
2025-01-02 Brannon Richard D Director A-Award A Common Units 7,760 0.00 180,317 D
2025-01-02 Anderson Steven R. Director A-Award A Common Units 7,760 0.00 75,870 D
2024-12-23 Perry James Richard Director G-Gift A Common Units 10 0.00 180,494 D
2024-12-23 Grimm Michael K Director G-Gift A Common Units 10 0.00 235,945 D
2024-12-23 Brannon Richard D Director G-Gift A Common Units 10 0.00 172,557 D
2024-12-23 Anderson Steven R. Director G-Gift A Common Units 10 0.00 68,110 D
2024-12-05 Wright James M. Officer A-Award A Cash Units 47,500 0.00 100,034 D
2024-12-05 Sturrock Troy Officer A-Award A Common Units 46,688 0.00 379,158 D
2024-12-05 McIlwain Gregory G. Officer A-Award A Cash Units 35,925 0.00 83,238 D
2024-12-05 MCCREA MARSHALL S III Director / Officer F-InKind D Common Units 372,138 19.14 7.12M 6,900,616 D
2024-12-05 Long Thomas E Director / Officer A-Award A Cash Units 213,000 0.00 493,358 D
2024-12-05 Bramhall Dylan Officer F-InKind D Common Units 27,955 19.14 535.1K 590,826 D
2024-08-23 McIlwain Gregory G. Officer P-Purchase A Common Units 20,000 15.68 313.6K 591,211
2024-08-12 WARREN KELCY L Director P-Purchase A Common Units 3,000,000 15.68 47.04M 123,385,650
2024-08-12 Long Thomas E Director / Officer P-Purchase A Common Units 20,000 15.68 313.6K 4,308,859
2024-06-17 WARREN KELCY L Director A-Award A Common Units 600,000 15.32 9.19M 67,178,477
2024-05-15 Bramhall Dylan Officer J-Other D Series E Preferred Units 5,000 25.00 125.0K 0
2024-04-23 McIlwain Gregory G. Officer D Common Units 0 0.00 571,211
2024-02-29 Whitehurst Bradford D. Officer A-Award A Common Units 10,000 14.62 146.2K 1,469,941
2024-02-28 Whitehurst Bradford D. Officer A-Award A Common Units 10,000 14.65 146.5K 1,459,941
2024-01-02 Ramsey Matthew S. Director A-Award A Common Units 9,882 0.00 1,153,029
2024-01-02 Perry James Richard Director A-Award A Common Units 9,882 0.00 180,484
2024-01-02 MCREYNOLDS JOHN W Director A-Award A Common Units 9,882 0.00 671,053
2024-01-02 Grimm Michael K Director M-Exempt D Phantom Units 3,019 0.00 0
2024-01-02 Brannon Richard D Director M-Exempt A Common Units 3,019 0.00 162,665
2024-01-02 Anderson Steven R. Director A-Award A Common Units 9,882 0.00 68,081
2023-12-28 Perry James Richard Director G-Gift A Common Units 10 0.00 170,602
2023-12-28 Grimm Michael K Director G-Gift A Common Units 10 0.00 202,343
2023-12-28 Brannon Richard D Director G-Gift A Common Units 10 0.00 159,646
2023-12-28 Anderson Steven R. Director G-Gift A Common Units 10 0.00 55,180
2023-12-12 MCCREA MARSHALL S III Director / Officer P-Purchase A Common Units 50,000 13.19 659.5K 7,272,754
2023-12-08 Wright James M. Officer A-Award A Cash Units 56,925 0.00 100,753
2023-12-08 Whitehurst Bradford D. Officer A-Award A Common Units 187,500 0.00 1,449,941
2023-12-08 Sturrock Troy Officer A-Award A Cash Units 18,000 0.00 39,042
2023-12-08 Mason Thomas P Officer A-Award A Common Units 187,500 0.00 1,817,753
2023-12-08 MCCREA MARSHALL S III Director / Officer A-Award A Cash Units 260,712 0.00 598,396
2023-12-08 Long Thomas E Director / Officer A-Award A Cash Units 260,712 0.00 598,396
2023-12-08 Bramhall Dylan Officer A-Award A Cash Units 63,250 0.00 111,434
2023-12-05 Wright James M. Officer F-InKind D Common Units 35,933 13.74 493.7K 615,462
2023-12-05 Whitehurst Bradford D. Officer F-InKind D Common Units 60,614 13.74 832.8K 1,262,441
2023-12-05 Sturrock Troy Officer F-InKind D Common Units 15,859 13.74 217.9K 298,628
2023-12-05 Mason Thomas P Officer F-InKind D Common Units 85,467 13.74 1.17M 1,630,253
2023-12-05 MCCREA MARSHALL S III Director / Officer F-InKind D Common Units 328,651 13.74 4.52M 6,440,616
2023-12-05 Long Thomas E Director / Officer F-InKind D Common Units 195,957 13.74 2.69M 3,506,721
2023-12-05 Bramhall Dylan Officer F-InKind D Common Units 15,937 13.74 219.0K 429,031
2023-11-13 Mason Thomas P Officer P-Purchase A Common Units 8,000 13.17 105.4K 1,715,720
2023-11-09 Whitehurst Bradford D. Officer P-Purchase A Common Units 10,000 13.10 131.0K 1,323,055
2023-11-07 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,000,000 13.33 13.33M 66,578,477
2023-11-07 Mason Thomas P Officer P-Purchase A Common Units 7,500 13.33 100.0K 1,707,720
2023-11-06 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,000,000 13.53 13.53M 65,578,477
2023-11-06 Perry James Richard Director P-Purchase A Common Units 25,892 13.52 350.1K 25,892 I
2023-09-05 MCCREA MARSHALL S III Director / Officer P-Purchase A Common Units 50,000 13.79 689.5K 6,769,267
2023-09-01 MCCREA MARSHALL S III Director / Officer P-Purchase A Common Units 50,000 13.64 682.0K 6,719,267
2023-08-22 Whitehurst Bradford D. Officer P-Purchase A Common Units 10,000 13.00 130.0K 1,313,055
2023-08-21 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,150,000 13.00 14.95M 64,578,477
2023-08-18 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,100,000 12.95 14.25M 63,428,477
2023-08-17 WARREN KELCY L Director / Officer P-Purchase A Common Units 750,000 12.93 9.70M 62,328,477
2023-05-30 Whitehurst Bradford D. Officer P-Purchase A Common Units 1,690 12.45 21.0K 1,303,055
2023-05-24 WARREN KELCY L Director / Officer P-Purchase A Common Units 350,000 12.76 4.47M 61,578,477
2023-05-23 WARREN KELCY L Director / Officer P-Purchase A Common Units 400,000 12.78 5.11M 61,228,477
2023-05-22 WARREN KELCY L Director / Officer P-Purchase A Common Units 750,000 12.79 9.59M 60,828,477
2023-05-15 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,000,000 12.49 12.49M 60,078,477
2023-05-12 WARREN KELCY L Director / Officer P-Purchase A Common Units 500,000 12.27 6.14M 59,078,477
2023-04-21 Whitehurst Bradford D. Officer X-InTheMoney A Common Units 1,000 13.00 13.0K 1,293,055
2023-02-23 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,660,602 13.05 21.67M 58,578,477
2023-02-22 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,339,398 12.99 17.40M 56,917,875
2023-01-04 Ramsey Matthew S. Director A-Award A Common Units 12,691 0.00 1,143,147
2023-01-04 Perry James Richard Director A-Award A Common Units 12,691 0.00 170,592
2023-01-04 MCREYNOLDS JOHN W Director A-Award A Common Units 12,691 0.00 661,531
2023-01-04 Grimm Michael K Director A-Award A Common Units 12,691 0.00 202,333
2023-01-04 Brannon Richard D Director A-Award A Common Units 12,691 0.00 157,381
2023-01-04 Anderson Steven R. Director A-Award A Common Units 12,691 0.00 54,170
2023-01-02 Brannon Richard D Director M-Exempt D Phantom Units 2,255 0.00 3,019
2022-12-15 Brannon Richard D Director P-Purchase A Common Units 2,000 11.50 23.0K 580,000
2022-12-14 Perry James Richard Director G-Gift A Common Units 10 0.00 157,901
2022-12-14 Grimm Michael K Director G-Gift A Common Units 10 0.00 189,642
2022-12-14 Brannon Richard D Director G-Gift A Common Units 10 0.00 144,690
2022-12-14 Anderson Steven R. Director G-Gift A Common Units 10 0.00 41,479
2022-12-12 Wright James M. Officer D Cash Units 62,240 0.00 0
2022-12-12 Whitehurst Bradford D. Officer A-Award A Common Units 243,750 0.00 1,292,055
2022-12-12 Sturrock Troy Officer A-Award A Cash Units 22,000 0.00 49,917
2022-12-12 Mason Thomas P Officer A-Award A Common Units 258,788 0.00 1,700,220
2022-12-12 MCCREA MARSHALL S III Officer A-Award A Cash Units 319,650 0.00 568,817
2022-12-12 Long Thomas E Officer A-Award A Cash Units 319,650 0.00 628,334
2022-12-12 Bramhall Dylan Officer A-Award A Cash Units 58,375 0.00 89,409
2022-12-07 Whitehurst Bradford D. Officer S-Sale D Put Option (obligation to buy) 1,000 12.00 12.0K 0
2022-12-06 Whitehurst Bradford D. Officer P-Purchase A Common Units 5,000 12.00 60.0K 1,048,305
2022-12-05 Whitehurst Bradford D. Officer M-Exempt D Phantom Units 38,378 0.00 0
2022-12-05 Sturrock Troy Officer F-InKind D Common Units 11,298 12.37 139.7K 248,487
2022-12-05 Mason Thomas P Officer M-Exempt D Phantom Units 54,120 0.00 0
2022-12-05 MCCREA MARSHALL S III Officer F-InKind D Common Units 245,699 12.37 3.04M 5,710,317
2022-12-05 Long Thomas E Officer M-Exempt D Phantom Units 48,430 0.00 0
2022-12-05 Bramhall Dylan Officer F-InKind D Common Units 17,736 12.37 219.4K 269,843
2022-11-23 WARREN KELCY L Officer P-Purchase A Common Units 1,300,000 12.39 16.11M 55,578,477
2022-11-22 WARREN KELCY L Officer P-Purchase A Common Units 500,000 12.36 6.18M 54,278,477
2022-11-15 Whitehurst Bradford D. Officer P-Purchase A Common Units 8,500 12.05 102.4K 1,055,988
2022-11-11 Bramhall Dylan Officer D Cash Units 52,800 0.00
2022-11-08 WARREN KELCY L Officer P-Purchase A Common Units 1,045,000 12.35 12.91M 53,778,477
2022-11-07 WARREN KELCY L Officer P-Purchase A Common Units 155,000 12.38 1.92M 52,733,477
2022-09-13 WARREN KELCY L Director / Officer P-Purchase A Common Units 571,253 11.85 6.77M 52,578,477
2022-09-12 WARREN KELCY L Director / Officer P-Purchase A Common Units 2,428,747 12.04 29.24M 52,007,224
2022-08-15 Whitehurst Bradford D. Officer P-Purchase A Common Units 10,000 11.50 115.0K 1,047,488
2022-08-09 WARREN KELCY L Officer P-Purchase A Common Units 1,591,092 10.94 17.41M 49,578,477
2022-08-08 WARREN KELCY L Officer P-Purchase A Common Units 1,158,908 10.93 12.67M 47,987,385
2022-07-15 Brannon Richard D Director P-Purchase A Common Units 50,000 9.74 487.0K 438,347
2022-07-14 Brannon Richard D Director P-Purchase A Common Units 1,027 9.57 9.8K 388,347
2022-04-06 Grimm Michael K Director P-Purchase A Common Units 500,000 11.21 5.61M 500,000
2022-04-01 Ramsey Matthew S. Director A-Award A Common Units 8,611 0.00 1,130,456
2022-01-03 Washburne Ray W Director A-Award A Common Units 11,481 0.00 135,411
2022-01-03 Perry James Richard Director A-Award A Common Units 11,481 0.00 157,891
2022-01-03 Grimm Michael K Director M-Exempt D Phantom Units 4,528 0.00 3,019
2022-01-03 DAVIS RAY C Director M-Exempt D Phantom Units 6,028 0.00 2,519
2022-01-03 Brannon Richard D Director M-Exempt D Phantom Units 6,615 0.00 5,274
2022-01-03 Anderson Steven R. Director M-Exempt D Phantom Units 6,028 0.00 2,519
2021-12-17 Grimm Michael K Director P-Purchase A Common Units 1,520 8.30 12.6K 4,850
2021-12-16 Whitehurst Bradford D. Officer A-Award A Cash Units 76,000 0.00 76,000
2021-12-16 Sturrock Troy Officer A-Award A Cash Units 19,125 0.00 19,125
2021-12-16 Mason Thomas P Officer A-Award A Common Units 300,300 0.00 1,460,699
2021-12-16 MCCREA MARSHALL S III Director / Officer A-Award A Cash Units 373,750 0.00 373,750
2021-12-16 Long Thomas E Director / Officer A-Award A Cash Units 373,750 0.00 373,750
2021-12-14 MCCREA MARSHALL S III Director / Officer J-Other D Common Units 2,395 0.00 4,619,814
2021-12-10 Whitehurst Bradford D. Officer P-Purchase A Common Units 67,121 7.45 500.0K 809,488
2021-12-10 WARREN KELCY L Officer P-Purchase A Common Units 16,109,139 7.45 120.00M 120,385,650
2021-12-10 Ramsey Matthew S. Officer P-Purchase A Common Units 33,561 7.45 250.0K 1,026,654
2021-12-10 Long Thomas E Director / Officer P-Purchase A Common Units 80,546 7.45 600.0K 1,634,868
2021-12-10 DAVIS RAY C Director P-Purchase A Common Units 134,242 7.45 1,000.0K 29,293,550
2021-12-05 Whitehurst Bradford D. Officer F-InKind D Common Units 43,185 8.61 371.8K 742,367
2021-12-05 Sturrock Troy Officer F-InKind D Common Units 7,004 8.61 60.3K 202,410
2021-12-05 Ramsey Matthew S. Officer F-InKind D Common Units 74,252 8.61 639.2K 993,093
2021-12-05 Mason Thomas P Officer F-InKind D Common Units 61,006 8.61 525.2K 1,160,399
2021-12-05 MCCREA MARSHALL S III Director / Officer F-InKind D Common Units 210,790 8.61 1.81M 4,622,209
2021-09-17 Brannon Richard D Director P-Purchase A Common Units 40,000 9.18 367.2K 126,574
2021-09-15 Brannon Richard D Director P-Purchase A Common Units 24,500 9.33 228.6K 362,320
2021-08-19 Whitehurst Bradford D. Officer P-Purchase A Common Units 6,000 8.78 52.7K 785,552
2021-08-19 Washburne Ray W Director P-Purchase A Common Units 100,000 8.90 889.9K 300,000
2021-08-10 WARREN KELCY L Director / Officer P-Purchase A Common Units 960,630 9.41 9.04M 100,577,803
2021-08-09 Whitehurst Bradford D. Officer P-Purchase A Common Units 2,500 9.20 23.0K 777,052
2021-08-09 WARREN KELCY L Director / Officer P-Purchase A Common Units 1,089,828 9.17 9.99M 99,617,173
2021-08-06 WARREN KELCY L Director / Officer P-Purchase A Common Units 949,542 9.35 8.88M 98,527,345
2021-05-19 Whitehurst Bradford D. Officer P-Purchase A Common Units 5,000 10.14 50.7K 774,552
2021-05-11 Washburne Ray W Director P-Purchase A Common Units 100,000 9.52 952.5K 200,000
2021-04-16 Whitehurst Bradford D. Officer D Put Option (Right to Buy) 1,000 6.00 6.0K 0
2021-01-08 Whitehurst Bradford D. Officer D Common Units 0 0.00 763,398
2021-01-04 Washburne Ray W Director A-Award A Common Units 16,181 0.00 123,717
2021-01-04 Perry James Richard Director A-Award A Common Units 16,181 0.00 146,197
2021-01-04 Grimm Michael K Director A-Award A Common Units 16,181 0.00 138,881
2021-01-04 DAVIS RAY C Director A-Award A Common Units 16,181 0.00 29,159,095
2021-01-04 Brannon Richard D Director A-Award A Common Units 16,181 0.00 77,979
2021-01-04 Anderson Steven R. Director A-Award A Common Units 16,181 0.00 23,737
2020-12-30 Sturrock Troy Officer A-Award A Cash Units 45,500 0.00 45,500
2020-12-30 Ramsey Matthew S. Director / Officer A-Award A Cash Units 207,300 0.00 207,300
2020-12-30 Mason Thomas P Officer A-Award A Common Units 234,900 0.00 1,232,079
2020-12-30 MCCREA MARSHALL S III Director / Officer A-Award A Common Units 988,165 0.00 4,833,449
2020-12-30 Long Thomas E Director / Officer A-Award A Common Units 662,180 0.00 1,554,322
2020-12-22 Brannon Richard D Director G-Gift A Common Units 337,820 0.00 337,820
2020-12-10 MCCREA MARSHALL S III Director / Officer J-Other D Common Units 9,115 0.00 3,845,284
2020-12-09 Washburne Ray W Director G-Gift A Common Units 20 0.00 107,536
2020-12-09 Perry James Richard Director G-Gift A Common Units 20 0.00 130,016
2020-12-09 Grimm Michael K Director G-Gift A Common Units 20 0.00 122,700
2020-12-09 DAVIS RAY C Director G-Gift A Common Units 20 0.00 29,142,914
2020-12-09 Brannon Richard D Director G-Gift A Common Units 20 0.00 399,618
2020-12-09 Anderson Steven R. Director G-Gift A Common Units 20 0.00 7,556
2020-12-04 Sturrock Troy Officer F-InKind D Common Units 6,135 6.34 38.9K 163,914
2020-12-04 Ramsey Matthew S. Director / Officer M-Exempt D Phantom Units 134,344 0.00 89,564
2020-12-04 Mason Thomas P Officer M-Exempt D Phantom Units 81,180 0.00 54,120
2020-12-04 MCCREA MARSHALL S III Director / Officer M-Exempt D Phantom Units 322,427 0.00 214,952
2020-12-04 Long Thomas E Director / Officer M-Exempt D Phantom Units 72,644 0.00 48,430
2020-03-27 Perry James Richard Director P-Purchase A Common Units 20,000 4.88 97.6K 129,996
2020-03-18 Long Thomas E Director / Officer P-Purchase A Common Units 9,000 4.15 37.3K 819,498
2020-03-18 Brannon Richard D Director P-Purchase A Common Units 15,000 4.05 60.8K 379,598
2020-03-17 Brannon Richard D Director P-Purchase A Common Units 5,000 5.23 26.2K 364,598
2020-03-16 Long Thomas E Director / Officer P-Purchase A Common Units 9,000 5.62 50.5K 801,498
2020-03-16 Brannon Richard D Director P-Purchase A Common Units 10,000 5.65 56.5K 319,598
2020-03-13 Mason Thomas P Officer S-Sale D Common Units 128,000 6.23 797.6K 961,197
2020-03-12 Ramsey Matthew S. Director / Officer P-Purchase A Common Units 200 5.88 1.2K 801,894
2020-03-12 Long Thomas E Director / Officer P-Purchase A Common Units 6,000 5.91 35.5K 792,498
2020-03-12 DAVIS RAY C Director P-Purchase A Common Units 801,800 6.21 4.98M 29,142,894

Executive team

Top executives
EBIT / Employee
430.8K
Shares Outstanding
3.44B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 8-K
2026-02-19 10-K
2026-02-17 8-K
2026-01-27 8-K
2026-01-14 424B2
2026-01-13 8-K
2026-01-12 FWP
2026-01-12 424B5
2026-01-06 8-K
2026-01-06 4

Executive team

NameTitleCompensationGender
Thomas E. Long Co-CEO & Director of LE GP, LLC 4M male
Marshall S. McCrea Co-CEO & Director of LE GP, LLC 4M male
Dylan A. Bramhall Executive VP & Group Chief Financial Officer of LE GP, LLC 2M male
James Wright Jr. Executive Vice President, General Counsel & Chief Compliance Officer 2M male
Greg G. Mcilwain Executive Vice President of Operations of LE GP LLC 1M male
A. Troy Sturrock Group Senior Vice President, Controller & Principal Accounting Officer of LE GP, LLC 866.6K male
Kelcy L. Warren Executive Chairman of LE GP, LLC 6.4K male
Christopher R. Curia Executive Vice President & Chief Human Resource Officer of LE GP, LLC male
Brent Ratliff Vice President, Investor Relations male
Robert Kerrigan Group Senior Vice President of Human Resources & Administration male
Roger Herrscher Executive Vice President of NGL, Refined Products, & Petrochemical of LE GP LLC male
Steve J. Hotte Group Senior Vice President & Chief Information Officer male
ESG Rating
B-
OIL & GAS MIDSTREAM
2023
E (Environmental)
51.9 / 59.2
Company / Sector avg.
S (Social)
47.3 / 68.4
Company / Sector avg.
G (Governance)
60.2 / 62.9
Company / Sector avg.
ESG Total
53.1 / 63.5
Company / Sector avg.
ESG Score History OIL & GAS MIDSTREAM
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity
Transaction Date Disclosed Senator State Owner Type Amount Link
2025-04-04 2025-05-14 Ashley Moody Self Purchase $15,001 - $50,000
2020-04-15 2020-05-08 David Perdue Joint Sale (Full) $15,001 - $50,000
2020-02-13 2020-03-03 David Perdue Joint Sale (Partial) $1,001 - $15,000
2020-02-10 2020-03-03 David Perdue Joint Sale (Partial) $1,001 - $15,000
2019-11-06 2019-12-10 Pat Toomey PA Self Sale (Full) $1,001 - $15,000
2019-09-18 2019-09-30 David Perdue Joint Purchase $1,001 - $15,000
2019-03-19 2019-04-09 David Perdue Joint Purchase $1,001 - $15,000
2019-02-01 2019-03-06 David Perdue Joint Purchase $1,001 - $15,000
2018-12-19 2019-01-09 David Perdue Joint Purchase $1,001 - $15,000
House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2025-06-24 2025-07-04 Virginia Foxx NC05 Sale $15,001 - $50,000
2025-03-07 2025-04-07 Virginia Foxx NC05 Sale $50,001 - $100,000
2025-02-19 2025-03-03 Virginia Foxx NC05 Purchase $1,001 - $15,000
2024-12-06 2025-01-06 Virginia Foxx NC05 Sale (Partial) $15,001 - $50,000
2024-11-19 2024-12-11 Virginia Foxx NC05 Joint Purchase $1,001 - $15,000
2024-08-19 2024-09-04 Virginia Foxx NC05 Purchase $1,001 - $15,000
2024-05-20 2024-06-06 Virginia Foxx NC05 Self Purchase $1,001 - $15,000
2024-05-02 2024-06-06 Virginia Foxx NC05 Self Purchase $1,001 - $15,000
2024-05-01 2024-06-06 Virginia Foxx NC05 Self Purchase $1,001 - $15,000
2024-04-30 2024-05-06 Virginia Foxx NC05 Purchase $1,001 - $15,000
2024-04-10 2024-04-11 Chip Roy TX21 Joint Sale (Full) $1,001 - $15,000
2024-02-21 2024-03-07 Virginia Foxx NC05 Joint Purchase $1,001 - $15,000
2024-01-18 2024-02-05 Virginia Foxx NC05 Joint Purchase $1,001 - $15,000
2024-01-17 2024-02-05 Virginia Foxx NC05 Joint Purchase $1,001 - $15,000
2024-01-16 2024-02-05 Virginia Foxx NC05 Joint Purchase $15,001 - $50,000
2023-12-06 2024-01-17 Mark Dr Green TN07 Sale (Full) $1,001 - $15,000
2023-10-31 2023-11-07 Pete Sessions TX17 Sale (Full) $15,001 - $50,000
2023-08-04 2023-08-08 Mark Dr Green TN07 Sale $250,001 - $500,000
2023-07-18 2023-07-24 Mark Dr Green TN07 Sale (Full) $100,001 - $250,000
2023-07-14 2023-07-18 Mark Dr Green TN07 Sale (Full) $100,001 - $250,000
Market share among peers
Peer comparison — filtered group (TTM)
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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits