Michael Grimm - Energy Transfer Independent Director of LE GP LLC

ET Stock  USD 19.07  0.10  0.53%   

Director

Michael Grimm is Independent Director of LE GP LLC of Energy Transfer LP since 2018.
Age 65
Tenure 6 years
Address 8111 Westchester Drive, Dallas, TX, United States, 75225
Phone214 981 0700
Webhttps://energytransfer.com

Energy Transfer Management Efficiency

The company has Return on Asset (ROA) of 0.0489 % which means that for every $100 of assets, it generated a profit of $0.0489. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1525 %, which means that it produced $0.1525 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 2024
Energy Transfer LP reports 53.22 B of total liabilities with total debt to equity ratio (D/E) of 1.19, which is normal for its line of buisiness. Energy Transfer LP has a current ratio of 1.12, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Note however, debt could still be an excellent tool for Energy to invest in growth at high rates of return.

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The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma and 19,830 miles of interstate natural gas pipeline. The company was founded in 1996 and is headquartered in Dallas, Texas. Energy Transfer operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 12558 people. Energy Transfer LP (ET) is traded on New York Stock Exchange in USA. It is located in 8111 Westchester Drive, Dallas, TX, United States, 75225 and employs 13,786 people. Energy Transfer is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

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
John McReynolds, Special Advisor, Director of LE GP LLC
Thomas CPA, LLC GP
Steven Anderson, Independent Director of LE GP LLC
Ray Washburne, Independent Director of LE GP, LLC
James Wright, General VP
Steve Hotte, Group Officer
Richard Brannon, Independent Director of LE GP, LLC
Dylan Bramhall, LLC GP
Mackie McCrea, Co-Chief Executive Officer
Michael Grimm, Independent Director of LE GP LLC
Bradford Whitehurst, Chief Financial Officer
Thomas Mason, Executive Vice President, General Counsel and President - LNG of LE GP, LLC
Brent Ratliff, Vice President Investor Relations
Thomas Long, Co-Chief Executive Officer, Chief Financial Officer, Director of LE GP, LLC
ATroy Sturrock, Senior Vice President, Principal Accounting Officer, Controller of LE GP LLC
Tom Long, Co-Chief Executive Officer
Matthew Ramsey, Chief Operating Officer, Director of LE GP, LLC
Christopher Curia, LLC GP
Greg Mcilwain, Executive LLC
Kelcy Warren, Chairman of the Board, Chief Executive Officer 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
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.

Thematic Opportunities

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Additional 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.