Energy Transfer Executes Midstream Projects as NGL Exports Dominate

November 4, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy Transfer (NYSE:ET) (Dallas, Texas) was able to boost its third-quarter 2022 net income from last year, partly due to higher realized shipping volumes across its core segments, which include natural gas, natural gas liquids (NGLs) and crude oil transport.

In addition to pipeline transmission, Energy Transfer is a leader in the export of NGLs and only expects its frontrunner position to grow, with the company's terminals in Nederland, Texas, and Marcus Hook, Pennsylvania, being its main export outlets.