Energy Transfer Management
Management criteria checks 3/4
Energy Transfer's CEO is Mackie McCrea, appointed in Jan 2021, has a tenure of 15.08 years. total yearly compensation is $17.04M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $148.59M. The average tenure of the management team and the board of directors is 2.8 years and 7.7 years respectively.
Key information
Mackie McCrea
Chief executive officer
US$17.0m
Total compensation
| CEO salary percentage | 8.4% |
| CEO tenure | 4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.8yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
Energy Transfer: Trump Administration Tailwinds May Not Be Fully Priced In
Dec 30Energy Transfer Is Only A Hold For Now (Technical Analysis)
Dec 12Energy Transfer: This Is Going To Hurt As Williams Already Won Once
Dec 05Energy Transfer: Scoop Up This High-Yielding Deal Now
Nov 28Energy Transfer Will Benefit From The Trump Trade And Drill Baby Drill
Nov 18Energy Transfer: Strong Earnings And Vast Potential Upside
Nov 08Energy Transfer: Value Hiding In Plain Sight
Oct 04Energy Transfer: Put New Money To Work
Sep 17Energy Transfer: Financial Strength, Value, And Distribution Safety
Sep 09Energy Transfer: Rare Insider Buys
Aug 298%-Yielding Energy Transfer Has Become An Ideal Retiree Investment
Aug 21Energy Transfer: An Indirect Beneficiary From AI That's Undervalued And Yielding 8.23%
Aug 14Energy Transfer: With Earnings On Tap, Prepare For Clarity Regarding Recent Big Moves
Aug 05Energy Transfer: A Gem We Uncovered Outside Our Regular Lane, Too Good To Pass Up
Jul 23Energy Transfer: Favorable Industry And Political Trends
Jul 15Energy Transfer: AI Boom Supports Midstream As Well
Jul 04Energy Transfer: An Even Stronger Buy Now
Jun 25Energy Transfer: Strong Cash Flow Machine With 8.2% Dividend Yield
Jun 11Energy Transfer: 8% Yielder With An Enhanced Growth Profile
Jun 01Energy Transfer: Surging Profits Meet Discounted Valuation
May 22Energy Transfer Q1: One Of My Favorite High-Yielding Investments (Rating Downgrade)
May 12Energy Transfer: Why There Is Still A Decent Upside
Apr 14Energy Transfer: Moving America's Energy At ~40% Discount To Peers
Apr 02Energy Transfer: Still Discounted According To Graham
Mar 22Energy Transfer: Debunking Investor Pessimism
Mar 13Energy Transfer: Where Strong Momentum And Attractive Value Meets
Mar 06Energy Transfer: Tale Of The Tape Offers Surprising Results
Feb 27Why Energy Transfer's Q4 Makes It My Favorite 9%-Yielding Equity
Feb 20Energy Transfer: Steady As It Goes, Even At 9% Yield
Feb 13Energy Transfer: Prepare To Buy
Jan 19Energy Transfer: Redemption Part II
Jan 12Energy Transfer: 3 Ways To Earn Good Income
Jan 02Energy Transfer: Fears Priced In
Dec 14Energy Transfer: Promising Acquisitions And Expansion Endeavors
Dec 08Energy Transfer: Time To Double Down
Nov 27Energy Transfer Yields 9.25%, Has Distribution Growth, And Is Still Undervalued
Nov 20Energy Transfer: New Guidance Paints An Even More Bullish Narrative
Nov 06Energy Transfer Q3 Earnings Preview: What To Expect
Oct 30Energy Transfer: Still A Solid 8.84% Opportunity Despite Recent Price Run-Up
Oct 20Energy Transfer: Buy This High-Yielding Stock Hand Over Fist
Oct 11Better High Yield Buy: Energy Transfer Or MPLX
Oct 05Energy Transfer: Insider Buying Signals The Stock Is A Buy
Sep 25Energy Transfer: Our Old Friend Math Threatens A Bear Case
Sep 19Energy Transfer: 9% Yield Is Too Good To Pass
Sep 07Energy Transfer And Enterprise Products Offer High Yields, But Only One Is A Buy
Aug 23Energy Transfer LP: Best In Class At A Discount
Aug 14Energy Transfer Is Doing Just Fine
Aug 03Energy Transfer: Significantly Undervalued Heading Into Earnings
Jul 21Energy Transfer: Maintaining A Buy In Spite Of DOE's Lake Charles Smackdown
Jul 13Energy Transfer Still Looks Golden According To Graham
Jul 03Why We Just Bought 5000 More Shares Of Energy Transfer
Jun 2610% Yield And Outperformance - Has Energy Transfer Become Unbeatable?
Jun 20Energy Transfer: Insiders Vs. The Market
May 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 31 2023 | US$17m | US$1m | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$4b |
| Mar 31 2023 | n/a | n/a | US$4b |
| Dec 31 2022 | US$20m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$21m | US$1m | US$5b |
| Sep 30 2021 | n/a | n/a | US$5b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$8m | US$1m | -US$647m |
| Sep 30 2020 | n/a | n/a | -US$184m |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$12m | US$1m | US$4b |
| Sep 30 2019 | n/a | n/a | US$3b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$11m | US$1m | US$2b |
Compensation vs Market: Mackie's total compensation ($USD17.04M) is above average for companies of similar size in the US market ($USD12.87M).
Compensation vs Earnings: Mackie's compensation has been consistent with company performance over the past year.
CEO
Mackie McCrea (65 yo)
4yrs
Tenure
US$17,038,658
Compensation
Mr. Marshall S. McCrea, III, also known as Mackie, has been Co-Chief Executive Officer of LE GP, LLC at Energy Transfer LP since January 01, 2021. He serves as Co-Chief Executive Officer of Panhandle Easte...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Director of LE GP | 4yrs | US$17.04m | 0.22% $ 148.6m | |
| Co-CEO & Director of LE GP | 8.9yrs | US$17.04m | 0.043% $ 28.8m | |
| Group Chief Financial Officer of LE GP | 2.2yrs | US$4.66m | 0.022% $ 14.6m | |
| Executive VP | 2yrs | US$4.34m | 0.026% $ 17.3m | |
| Executive VP of Alternative Energy & President – LNG of LE GP | no data | US$4.76m | 0.026% $ 17.5m | |
| Executive Vice President of Tax & Corporate Initiatives of LE | 2.2yrs | US$4.67m | 0.043% $ 28.8m | |
| Executive Chairman of LE GP | 18.9yrs | US$6.39k | 8.8% $ 5.9b | |
| Executive Vice President of Operations of LE GP LLC | 2.8yrs | no data | 0.020% $ 13.7m | |
| Group Senior VP | 6.3yrs | US$1.34m | 0.011% $ 7.4m | |
| Group Senior VP & Chief Information Officer | 2yrs | no data | no data | |
| VP, Investor Relations | no data | no data | no data | |
| Executive VP & Chief Human Resource Officer of LE GP | no data | no data | no data |
2.8yrs
Average Tenure
65yo
Average Age
Experienced Management: ET's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Director of LE GP | 15.1yrs | US$17.04m | 0.22% $ 148.6m | |
| Co-CEO & Director of LE GP | 5.8yrs | US$17.04m | 0.043% $ 28.8m | |
| Executive Chairman of LE GP | 18.9yrs | US$6.39k | 8.8% $ 5.9b | |
| Independent Director of LE GP LLC | 8.8yrs | US$262.16k | 0.021% $ 13.9m | |
| Director of LE GP | 19.4yrs | US$237.16k | 0.88% $ 592.1m | |
| Independent Director of LE GP | 6.3yrs | US$267.16k | 0.022% $ 15.1m | |
| Director of LE GP | 12.5yrs | US$237.16k | 0.033% $ 22.0m | |
| Independent Director of LE GP | 6.6yrs | US$259.66k | 0.046% $ 30.7m | |
| Independent Director of LE GP | 5yrs | US$237.16k | 0.0040% $ 2.7m | |
| Director of LE GP | less than a year | no data | no data |
7.7yrs
Average Tenure
69yo
Average Age
Experienced Board: ET's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 22:41 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Energy Transfer LP is covered by 33 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Ishan Majumdar | Baptista Research |
| Richard Gross | Barclays |