Energy Transfer Management
Management criteria checks 2/4
Energy Transfer's CEO is Mackie McCrea, appointed in Jan 2021, has a tenure of 3.17 years. total yearly compensation is $17.04M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $58.87M. The average tenure of the management team and the board of directors is 1.9 years and 6.9 years respectively.
Key information
Mackie McCrea
Chief executive officer
US$17.0m
Total compensation
CEO salary percentage | 8.4% |
CEO tenure | 3.2yrs |
CEO ownership | 0.1% |
Management average tenure | 1.9yrs |
Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Energy 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 26Energy Transfer: I Am Still Buying This 9.5% Midstream Yield
Feb 19Energy Transfer Q4 2022 Earnings Preview: What To Watch For
Feb 12Debt Reduction And Dividend Growth Make Energy Transfer Stock Attractive
Feb 01Energy Transfer: Undervaluation And China's Reopening Should Help ET Grind Higher
Jan 23Energy Transfer: Bulls Are Losing Steam
Jan 05Energy Transfer: $75 Oil Creates An Entry Point
Dec 20Buy Energy Transfer's 9.3% Yield On The Dip
Dec 11Energy Transfer Q3: Graham Number Shows 70%+ Discounts
Nov 13Energy Transfer Q3 2022: A Stellar Revision
Nov 06Energy Transfer: A 15.2% Distribution Increase Going Into Q3 Earnings Is Absolutely Bullish
Oct 31Energy Transfer: Entry Into LNG Space Brings Opportunity
Oct 24The Energy Transfer Problem: Growth Projects Vs. Unit Repurchases
Oct 17Energy Transfer: The Executive Chairman Purchased 3 Million Units In September
Oct 03MPLX's 10% Yield Vs. Energy Transfer's 9% Yield: Which Is Better?
Sep 27Energy Transfer: Remarkable Dividend Yield, Noteworthy Recent Insider Transactions
Sep 19Energy Transfer (NYSE: ET) is a Solid Combination of Yield and Value
Sep 12Energy Transfer: Who's On The Bandwagon?
Sep 05Reaffirming WTI Price Predictions And Price Targets For Energy Transfer And TETRA - With 100% Upside
Aug 30Energy Transfer: Why We Expect 33% Distribution Growth In 2023
Aug 23Energy Transfer: Another Solid Quarter From This Midstream Giant
Aug 15Energy Transfer: Solid Q2, But Don't Overpay For Slowing Profitability Growth
Aug 05CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 |
Sep 30 2018 | n/a | n/a | US$2b |
Jun 30 2018 | n/a | n/a | US$1b |
Mar 31 2018 | n/a | n/a | US$1b |
Dec 31 2017 | US$12m | US$1m | US$1b |
Compensation vs Market: Mackie's total compensation ($USD17.04M) is above average for companies of similar size in the US market ($USD12.45M).
Compensation vs Earnings: Mackie's compensation has been consistent with company performance over the past year.
CEO
Mackie McCrea (64 yo)
3.2yrs
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 | 3.2yrs | US$17.04m | 0.11% $ 58.9m | |
Co-CEO & Director of LE GP | 8.1yrs | US$17.04m | 0.032% $ 16.7m | |
Group Chief Financial Officer of LE GP | 1.3yrs | US$4.66m | 0.0040% $ 2.1m | |
Executive VP | 1.2yrs | US$4.34m | 0.0082% $ 4.3m | |
Executive VP of Alternative Energy & President – LNG of LE GP | no data | US$4.76m | 0.026% $ 13.9m | |
Executive Vice President of Tax & Corporate Initiatives of LE | 1.3yrs | US$4.67m | 0.044% $ 22.9m | |
Executive Chairman of LE GP | 18.1yrs | US$6.39k | 8.84% $ 4.6b | |
Executive Vice President of Operations of LE GP LLC | 1.9yrs | no data | no data | |
Group Senior VP | 5.4yrs | US$1.34m | 0.010% $ 5.5m | |
Group Senior VP & Chief Information Officer | 1.2yrs | 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 |
1.9yrs
Average Tenure
64yo
Average Age
Experienced Management: ET's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-CEO & Director of LE GP | 14.3yrs | US$17.04m | 0.11% $ 58.9m | |
Co-CEO & Director of LE GP | 4.9yrs | US$17.04m | 0.032% $ 16.7m | |
Executive Chairman of LE GP | 18.1yrs | US$6.39k | 8.84% $ 4.6b | |
Independent Director of LE GP LLC | 8yrs | US$262.16k | 0.021% $ 11.0m | |
Director of LE GP | 18.6yrs | US$237.16k | 0.90% $ 470.3m | |
Independent Director of LE GP | 5.4yrs | US$267.16k | 0.023% $ 12.0m | |
Director of LE GP | 11.7yrs | US$237.16k | 0.033% $ 17.5m | |
Independent Director of LE GP | 5.8yrs | US$259.66k | 0.047% $ 24.4m | |
Independent Director of LE GP | 4.2yrs | US$237.16k | 0.0040% $ 2.1m | |
Director of LE GP | less than a year | no data | no data |
6.9yrs
Average Tenure
68yo
Average Age
Experienced Board: ET's board of directors are considered experienced (6.9 years average tenure).