Marshall McCrea - Energy Transfer CEO
| ET Stock | USD 15.53 0.30 1.97% |
CEO
Mr. Marshall S. McCrea, III. is a Group Chief Operating Officer, Chief Commercial Officer, Director of LE GP LLC, of the Company. Mr. McCrea was appointed as a Director in December 2009. He is Group Chief Operating Officer and Chief Commercial Officer for the Energy Transfer family and has served in that capacity since November 2015. Mr. McCrea has served as a director of PennTex Midstream Partners, LPs general partner, since November 2016. Prior to that, he served as President and Chief Operating Officer of ETPs general partner from June 2008 to November 2015 and President Midstream from March 2007 to June 2008. Previously he served as the Senior Vice President Commercial Development since the combination of the operations of ETC OLP and HOLP in January 2004. In March 2005, Mr. McCrea was named president of ETC OLP. Prior to the combination of the operations of ETC OLP and HOLP, Mr. McCrea served as the Senior Vice President Business Development and Producer Services of the general partner of ETC OLP and ET Company I, Ltd., having served in that capacity since 1997. Mr. McCrea also currently serves on the Board of Directors of the general partner of ETE, of Sunoco Logistics and of Sunoco LP. The members of our General Partner selected Mr. McCrea to serve as a director because he brings extensive project development and operations experience to the Board. He has held various positions in the natural gas business over the past 25 years and is able to assist the Board of Directors in creating and executing the Partnerships strategic plan. since 2021.
| Age | 60 |
| Tenure | 3 years |
| Address | 8111 Westchester Drive, Dallas, TX, United States, 75225 |
| Phone | 214 981 0700 |
| Web | https://energytransfer.com |
Marshall McCrea Latest Insider Activity
Tracking and analyzing the buying and selling activities of Marshall McCrea against Energy Transfer stock is an integral part of due diligence when investing in Energy Transfer. Marshall McCrea insider activity provides valuable insight into whether Energy Transfer is net buyers or sellers over its current business cycle. Note, Energy Transfer insiders must abide by specific rules, including filing SEC forms every time they buy or sell Energy Transfer'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Marshall McCrea over a week ago Acquisition by Marshall McCrea of 50000 shares of Energy Transfer at 13.19 subject to Rule 16b-3 |
Energy Transfer Management Efficiency
The company has Return on Asset (ROA) of 0.0473 % which means that for every $100 of assets, it generated a profit of $0.0473. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1233 %, which means that it produced $0.1233 on every 100 dollars invested by current stockholders. Energy Transfer's management efficiency ratios could be used to measure how well Energy Transfer manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.09 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. Total Current Liabilities is likely to drop to about 5.7 B in 2024. Liabilities And Stockholders Equity is likely to drop to about 50.6 B in 2024Similar Executives
| Found 9 records | CEO Age | ||
| A Teague | Enterprise Products Partners | 74 | |
| Pierce II | ONEOK Inc | 64 | |
| Steven Kean | Kinder Morgan | 62 | |
| Albert Monaco | Enbridge | 61 | |
| Terry Spencer | ONEOK Inc | 60 | |
| Michael Creel | Enterprise Products Partners | 60 | |
| James Teague | Enterprise Products Partners | 79 | |
| Pierce Norton | ONEOK Inc | 61 | |
| W Fowler | Enterprise Products Partners | 63 | |
Management Performance
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0473 |
Energy Transfer LP Leadership Team
Elected by the shareholders, the Energy Transfer's board of directors comprises two types of representatives: Energy Transfer inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Energy. The board's role is to monitor Energy Transfer's management team and ensure that shareholders' interests are well served. Energy Transfer's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Energy Transfer's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Perry, Director of LE GP, LLC | ||
| Romolo Magarelli, President CEO, Director | ||
| Steven Anderson, Independent Director of LE GP LLC | ||
| James Wright, General VP | ||
| Richard Brannon, Independent Director of LE GP, LLC | ||
| Mackie McCrea, Co-Chief Executive Officer | ||
| Ian McWalter, Independent Director | ||
| Thomas Mason, Executive Vice President, General Counsel and President - LNG of LE GP, LLC | ||
| Douglas DeBruin, Executive Chairman of the Board, Executive Vice President - Administration | ||
| Thomas Long, Co-Chief Executive Officer, Chief Financial Officer, Director of LE GP, LLC | ||
| Tom Long, Co-Chief Executive Officer | ||
| Matthew Ramsey, Chief Operating Officer, Director of LE GP, LLC | ||
| Christopher Curia, LLC GP | ||
| Brad Whitehurst, Executive Vice President Head of Tax of LE GP, LLC | ||
| Marshall McCrea, President, Co-Chief Executive Officer, Chief Commercial Officer and Director of LE GP LLC | ||
| Ray Davis, Director of LE GP LLC | ||
| Brian Piccioni, Director | ||
| John McReynolds, Special Advisor, Director of LE GP LLC | ||
| Ray Washburne, Independent Director of LE GP, LLC | ||
| Steve Hotte, Group Officer | ||
| Rakesh Patel, CTO | ||
| Dylan Bramhall, LLC GP | ||
| Thomas Pistor, Independent Director | ||
| Michael Grimm, Independent Director of LE GP LLC | ||
| Anthony Gridley, CFO, Corporate Secretary | ||
| Christopher Colclough, Independent Director | ||
| Bradford Whitehurst, Chief Financial Officer | ||
| Brent Ratliff, Vice President Investor Relations | ||
| Brian Campbell, Executive Vice President - Business Development | ||
| ATroy Sturrock, Senior Vice President, Principal Accounting Officer, Controller of LE GP LLC | ||
| Greg Mcilwain, Executive LLC | ||
| Kelcy Warren, Chairman of the Board, Chief Executive Officer of LE GP LLC | ||
| Marshall III, LLC GP |
Energy Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Energy Transfer a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0473 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 118.85 B | |||
| Shares Outstanding | 3.37 B | |||
| Shares Owned By Insiders | 10.12 % | |||
| Shares Owned By Institutions | 34.15 % | |||
| Number Of Shares Shorted | 37.26 M | |||
| Price To Earning | 9.18 X |
Pair Trading with Energy Transfer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Transfer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Transfer will appreciate offsetting losses from the drop in the long position's value.Moving together with Energy Stock
| 0.96 | AM | Antero Midstream Partners Earnings Call This Week | PairCorr |
Moving against Energy Stock
| 0.79 | TK | Teekay | PairCorr |
| 0.69 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
| 0.69 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
| 0.66 | PBT | Permian Basin Royalty | PairCorr |
| 0.51 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Energy Transfer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Transfer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Transfer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Transfer LP to buy it.
The correlation of Energy Transfer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Transfer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Transfer LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Transfer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Transfer LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Energy Stock analysis
When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.
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Is Energy Transfer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Transfer. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Transfer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.081 | Dividend Share 1.245 | Earnings Share 1.09 | Revenue Per Share 24.856 | Quarterly Revenue Growth 0.002 |
The market value of Energy Transfer LP is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Transfer's value that differs from its market value or its book value, called intrinsic value, which is Energy Transfer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Transfer's market value can be influenced by many factors that don't directly affect Energy Transfer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.