When last we visited Energy Transfer earlier in May, the midstream machine and its combo platter of crude oil, natural gas, and NGL energy infrastructure had just wrapped up a spectacular 1Q. Perhaps there was a twinkle in the eye from Executive Chairman Kelcy Warren as the company marked its achievements, the reap of rewards from last year’s $9 billion in acquisitions, and the not-so-subtle hint there could be more fish to fry given just the right cast. ...

Natural gas takes center stage today with news from Enterprise Products, Haynesville pure player Comstock Resources, and BP setting the record straight about adding more U.S. shale gas assets following October’s mega mergers. ...

Over 27 years, Dallas-based Energy Transfer has grown from a modest operator with 200 miles of natural gas pipelines in East Texas, to a diversified midstream machine with 125,000 miles of pipelines and energy infrastructure across 41 states. ...