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 percentage8.4%
CEO tenure3.2yrs
CEO ownership0.1%
Management average tenure1.9yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

Energy Transfer: Still Discounted According To Graham

Mar 22

Energy Transfer: Debunking Investor Pessimism

Mar 13

Energy Transfer: Where Strong Momentum And Attractive Value Meets

Mar 06

Energy Transfer: Tale Of The Tape Offers Surprising Results

Feb 27

Why Energy Transfer's Q4 Makes It My Favorite 9%-Yielding Equity

Feb 20

Energy Transfer: Steady As It Goes, Even At 9% Yield

Feb 13

Energy Transfer: Prepare To Buy

Jan 19

Energy Transfer: Redemption Part II

Jan 12

Energy Transfer: 3 Ways To Earn Good Income

Jan 02

Energy Transfer: Fears Priced In

Dec 14

Energy Transfer: Promising Acquisitions And Expansion Endeavors

Dec 08

Energy Transfer: Time To Double Down

Nov 27

Energy Transfer Yields 9.25%, Has Distribution Growth, And Is Still Undervalued

Nov 20

Energy Transfer: New Guidance Paints An Even More Bullish Narrative

Nov 06

Energy Transfer Q3 Earnings Preview: What To Expect

Oct 30

Energy Transfer: Still A Solid 8.84% Opportunity Despite Recent Price Run-Up

Oct 20

Energy Transfer: Buy This High-Yielding Stock Hand Over Fist

Oct 11

Better High Yield Buy: Energy Transfer Or MPLX

Oct 05

Energy Transfer: Insider Buying Signals The Stock Is A Buy

Sep 25

Energy Transfer: Our Old Friend Math Threatens A Bear Case

Sep 19

Energy Transfer: 9% Yield Is Too Good To Pass

Sep 07

Energy Transfer And Enterprise Products Offer High Yields, But Only One Is A Buy

Aug 23

Energy Transfer LP: Best In Class At A Discount

Aug 14

Energy Transfer Is Doing Just Fine

Aug 03

Energy Transfer: Significantly Undervalued Heading Into Earnings

Jul 21

Energy Transfer: Maintaining A Buy In Spite Of DOE's Lake Charles Smackdown

Jul 13

Energy Transfer Still Looks Golden According To Graham

Jul 03

Why We Just Bought 5000 More Shares Of Energy Transfer

Jun 26

10% Yield And Outperformance - Has Energy Transfer Become Unbeatable?

Jun 20

Energy Transfer: Insiders Vs. The Market

May 26

Energy Transfer: I Am Still Buying This 9.5% Midstream Yield

Feb 19

Energy Transfer Q4 2022 Earnings Preview: What To Watch For

Feb 12

Debt Reduction And Dividend Growth Make Energy Transfer Stock Attractive

Feb 01

Energy Transfer: Undervaluation And China's Reopening Should Help ET Grind Higher

Jan 23

Energy Transfer: Bulls Are Losing Steam

Jan 05

Energy Transfer: $75 Oil Creates An Entry Point

Dec 20

Buy Energy Transfer's 9.3% Yield On The Dip

Dec 11

Energy Transfer Q3: Graham Number Shows 70%+ Discounts

Nov 13

Energy Transfer Q3 2022: A Stellar Revision

Nov 06

Energy Transfer: A 15.2% Distribution Increase Going Into Q3 Earnings Is Absolutely Bullish

Oct 31

Energy Transfer: Entry Into LNG Space Brings Opportunity

Oct 24

The Energy Transfer Problem: Growth Projects Vs. Unit Repurchases

Oct 17

Energy Transfer: The Executive Chairman Purchased 3 Million Units In September

Oct 03

MPLX's 10% Yield Vs. Energy Transfer's 9% Yield: Which Is Better?

Sep 27

Energy Transfer: Remarkable Dividend Yield, Noteworthy Recent Insider Transactions

Sep 19

Energy Transfer (NYSE: ET) is a Solid Combination of Yield and Value

Sep 12
Energy Transfer (NYSE: ET) is a Solid Combination of Yield and Value

Energy Transfer: Who's On The Bandwagon?

Sep 05

Reaffirming WTI Price Predictions And Price Targets For Energy Transfer And TETRA - With 100% Upside

Aug 30

Energy Transfer: Why We Expect 33% Distribution Growth In 2023

Aug 23

Energy Transfer: Another Solid Quarter From This Midstream Giant

Aug 15

Energy Transfer: Solid Q2, But Don't Overpay For Slowing Profitability Growth

Aug 05

CEO Compensation Analysis

How has Mackie McCrea's remuneration changed compared to Energy Transfer's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$17mUS$1m

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$4b

Mar 31 2023n/an/a

US$4b

Dec 31 2022US$20mUS$1m

US$4b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$4b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$21mUS$1m

US$5b

Sep 30 2021n/an/a

US$5b

Jun 30 2021n/an/a

US$4b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$8mUS$1m

-US$647m

Sep 30 2020n/an/a

-US$184m

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$12mUS$1m

US$4b

Sep 30 2019n/an/a

US$3b

Jun 30 2019n/an/a

US$3b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$11mUS$1m

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$1b

Mar 31 2018n/an/a

US$1b

Dec 31 2017US$12mUS$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

NamePositionTenureCompensationOwnership
Marshall McCrea
Co-CEO & Director of LE GP3.2yrsUS$17.04m0.11%
$ 58.9m
Thomas Long
Co-CEO & Director of LE GP8.1yrsUS$17.04m0.032%
$ 16.7m
Dylan Bramhall
Group Chief Financial Officer of LE GP1.3yrsUS$4.66m0.0040%
$ 2.1m
James Wright
Executive VP1.2yrsUS$4.34m0.0082%
$ 4.3m
Thomas Mason
Executive VP of Alternative Energy & President – LNG of LE GPno dataUS$4.76m0.026%
$ 13.9m
Bradford Whitehurst
Executive Vice President of Tax & Corporate Initiatives of LE1.3yrsUS$4.67m0.044%
$ 22.9m
Kelcy Warren
Executive Chairman of LE GP18.1yrsUS$6.39k8.84%
$ 4.6b
Greg Mcilwain
Executive Vice President of Operations of LE GP LLC1.9yrsno datano data
A. Sturrock
Group Senior VP5.4yrsUS$1.34m0.010%
$ 5.5m
Steve Hotte
Group Senior VP & Chief Information Officer1.2yrsno datano data
Brent Ratliff
VP, Investor Relationsno datano datano data
Christopher Curia
Executive VP & Chief Human Resource Officer of LE GPno datano datano 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

NamePositionTenureCompensationOwnership
Marshall McCrea
Co-CEO & Director of LE GP14.3yrsUS$17.04m0.11%
$ 58.9m
Thomas Long
Co-CEO & Director of LE GP4.9yrsUS$17.04m0.032%
$ 16.7m
Kelcy Warren
Executive Chairman of LE GP18.1yrsUS$6.39k8.84%
$ 4.6b
Richard Brannon
Independent Director of LE GP LLC8yrsUS$262.16k0.021%
$ 11.0m
John McReynolds
Director of LE GP18.6yrsUS$237.16k0.90%
$ 470.3m
Michael Grimm
Independent Director of LE GP5.4yrsUS$267.16k0.023%
$ 12.0m
Matthew Ramsey
Director of LE GP11.7yrsUS$237.16k0.033%
$ 17.5m
Steven Anderson
Independent Director of LE GP5.8yrsUS$259.66k0.047%
$ 24.4m
James Perry
Independent Director of LE GP4.2yrsUS$237.16k0.0040%
$ 2.1m
Clifford Harris
Director of LE GPless than a yearno datano data

6.9yrs

Average Tenure

68yo

Average Age

Experienced Board: ET's board of directors are considered experienced (6.9 years average tenure).


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