Energy Transfer Partners

Energy Transfer Partners

Operates energy transport and storage network

Power Optimization Intern

Summer 2027
No salary listed
Internship
Bachelor's, Master's
Houston, TX, USA
In Person

About the job

Requirements
  • Students pursuing a Bachelor's or Master's degree in Mechanical, Chemical, Electrical, Civil, Petroleum, or related Engineering.
  • Strong problem-solving, curiosity, drive, and teamwork skills.
Responsibilities
  • Develop, maintain, and support dashboards for power development and optimization using data and visualization platforms such as SEEQ, DataPARC, and Power BI.
  • Translate commercial development or trading strategies and administrative requirements into clear visualizations and performance metrics.
  • Monitor and analyze real-time and historical operational, market, and asset performance data to identify trends, anomalies, and optimization opportunities.
  • Collaborate with business development, power traders, settlements, information technology, and operations teams to ensure data accuracy, relevance, and usability.
  • Support daily, weekly, and monthly reporting related to generation performance, market exposure, congestion, outages, and forecast accuracy.
  • Act as a data and analytics liaison between optimization, operations, information technology, and affiliated trading entities.
  • Interface with operations, field personnel, and control room staff to understand data generation, tagging, and operational context for assets and systems.
  • Validate incoming data for completeness, timeliness, and accuracy, and identify and escalate data quality issues affecting analytics or decision support.
  • Ensure consistency and integrity of data sources, calculations, and assumptions across dashboards and reports.
  • Assist in designing and documenting key performance indicators, metrics, and standard reporting frameworks for the power optimization group.
  • Provide ad hoc analytical support to traders, operators, and management during market events, outages, or operational changes.
  • Identify opportunities to automate manual reporting processes and improve data workflows.
  • Maintain documentation for dashboards, data pipelines, and analytical methodologies.
  • Support compliance, audit, and internal control requirements related to data reporting and analytics.
  • Improve visualization clarity, performance, and usability based on stakeholder feedback.
  • Create presentations for internal and external audiences.
Desired Qualifications
  • Proficiency with Microsoft Office.
  • Strong willingness to learn.

About the company

Energy Transfer Partners

Energy Transfer Partners

View

Energy Transfer Partners manages a vast network of over 125,000 miles of pipelines and infrastructure used to transport and store natural gas, crude oil, and refined products across 44 states. The company moves energy from production basins to refineries and end-users through a system of pipes, storage facilities, and export terminals, earning revenue primarily through service fees. Unlike many competitors, it maintains a highly diversified portfolio that covers every major U.S. production basin and includes significant interests in retail and compression services. Its goal is to provide a comprehensive midstream network that facilitates the efficient movement of energy products to meet domestic and international demand.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Dallas, Texas

Founded

1995

Get referred to Energy Transfer Partners

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 adjusted EBITDA hit $5.1 billion, and guidance rose to $18.8 billion-$19.1 billion.
  • Hugh Brinson started contributing early volumes, with phase one targeted for September 1, 2026.
  • Springerville Lateral, due 2029, taps coal retirements with 625 MMcf/d capacity.

What critics are saying

  • Pennsylvania Attorney General David Sunday targets ET after the 2025 Twin Oaks spill.
  • PHMSA said Twin Oaks may have leaked for 16 months; remediation could take years.
  • New Mexico denied Green Chile leases twice, pushing in-service to 2027 and risking Project Jupiter.

What makes Energy Transfer Partners unique

  • Energy Transfer spans 140,000 miles across 44 states, covering every major U.S. basin.
  • It pairs interstate pipelines with NGL fractionation, storage, LNG, and refined products.
  • August 2026 contracts added 100 MMcf/d from Texas data-center customers.

Help us improve and share your feedback! Did you find this helpful?

Benefits

401(k) Company Match

Profit Sharing

Paid Vacation

Company News

Yahoo Finance
Sep 18th, 2026
Williams Companies edges Energy Transfer in AI power race with pure natural gas play

Energy Transfer and Williams Companies, two major US midstream operators, are both positioned to benefit from surging natural gas demand driven by power-hungry data centres and AI infrastructure. According to the International Energy Agency, natural gas accounts for over 40% of grid electricity consumed by US data centres. However, Williams emerges as the stronger AI play. The company generates all its adjusted EBITDA from natural gas operations through Transco, the largest natural gas pipeline system in the US. Energy Transfer, whilst transporting roughly 30% of US natural gas production, only derives about 40% of its adjusted EBITDA from natural gas assets. Williams trades at 14 times this year's adjusted EBITDA versus Energy Transfer's 7 times. Energy Transfer offers a higher forward yield of 6.5% compared to Williams' 2.9%.

TIKR
Sep 17th, 2026
Energy Transfer's free cash flow nearly vanished in Q4. Six months later, it doubled. Here's what's actually driving it.

Energy Transfer's free cash flow nearly vanished in Q4. Six months later, it doubled. Here's what's actually driving it. Last updated Sep 17, 2026 Key Takeaways. * Energy Transfer (ET) posted Q2 2026 adjusted EBITDA of roughly $5.1 billion, up from $3.9 billion a year earlier, and raised full year guidance to $18.8 billion to $19.1 billion, its second upward revision this year. * Management told analysts on the Q2 call that return thresholds on new growth projects are rising, not falling, even as organic capital spending climbs to $5.6 billion to $5.9 billion in 2026 and is expected to stay above $5 billion a year through 2029. * TIKR data back that claim, for now. Return on Capital rose from 7.55% at year end 2025 to 11.29% by June 2026, Net Debt to EBITDA fell from 4.41x to 3.33x over the same stretch, and free cash flow swung from barely covering dividends in Q4 2025 to more than double covering them by Q2 2026. * Management is explicit that part of the beat came from commodity volatility it is not forecasting to repeat in the back half of 2026, and the heaviest, not yet earning phases of Desert Southwest and other projects are still years away. Energy Transfer's Pipeline Network Sits Right Under the Data Center Boom. Energy Transfer (ET) built most of its footprint decades before anyone was sizing power lines for AI training clusters. Co-CEO Marshall McCrea made the point plainly on the Q2 earnings call: when data center site selection started a few years ago, "we looked at the map and then we looked at where a lot of the proposed data centers were going and they were on top of our pipeline." That is a convenient accident, but the company has spent the past two years converting it into contracted demand. The clearest example is the Hugh Brinson Pipeline, which entered commercial service during the quarter and is running ahead of its own construction schedule, with full Phase 1 capacity of 1.5 billion cubic feet a day expected by September 1, 2026. Shippers on that line include Florida utilities and Texas data center and power customers, several of whom have already added incremental volume to their contracts. Management also flagged a structural edge: most of its power plant and data center deals are behind the meter, meaning those customers generate their own electricity on site rather than waiting in line for a grid interconnection. That matters because interconnection queues, not gas supply, are the bottleneck slowing several competing power projects nationally. Desert Southwest, the larger and later pipeline aimed at Arizona and New Mexico power demand, is moving through FERC scoping meetings and is still targeted for the back half of 2029. Mustang Draw II, a Permian processing expansion, and Frac IX, a new fractionator at Mont Belvieu, are both due late in 2026 but will contribute only marginally to this year's results. In other words, most of the growth story is still ahead of the company, not behind it. The Numbers Start Backing Up the Pitch. That framing would be easy to wave off as guidance-speak if the return data did not move with it. Energy Transfer's Return on Capital sat in a narrow 7.5% to 9% band for six straight quarters through late 2025, then jumped to 9.42% in the first quarter of 2026 and 11.29% in the second, its highest reading in the two year period. Leverage moved the same direction. Net Debt to EBITDA had drifted up to 4.41x at the end of 2025, near the top of management's stated 4x to 4.5x target, then fell to 3.80x and 3.33x over the next two quarters, even as the company priced $3.0 billion of senior notes in January to keep funding its capital program. Free cash flow tells the sharpest version of the story. It nearly cratered in the fourth quarter of 2025, when capital expenditure spiked to roughly $1.95 billion against operating cash flow of $1.90 billion, essentially wiping out the cushion above that quarter's dividend payment. By the second quarter of 2026, free cash flow reached about $2.71 billion against a dividend of a similar size to prior quarters, comfortably more than double coverage. What Energy Transfer's Improvement Isn't Proof Of Yet. CFO Dylan Bramhall was careful on the call to separate the base business from the tailwind. He told analysts the company does not have "much of" the wider commodity spreads and price swings from the first half of 2026 built into its second half plan, and that additional volatility would be what pushes results toward the high end of guidance rather than the assumed case. Record NGL export premiums, blending margins, and crude market arbitrage all contributed materially to the quarter, and none of those are contracted, repeatable revenue. The 2025 trough is also a reminder that the current run of strong quarters followed a period when leverage crept toward its ceiling and free cash flow briefly stopped covering the distribution. Two strong quarters do not erase that pattern; they interrupt it. Meanwhile, the company's most capital intensive, longest dated projects, Desert Southwest and the still unresolved MLO2 pipeline tied up in Canadian regulatory negotiations, have not yet started contributing to EBITDA and will keep absorbing capital for years before they do. Co-CEO Marshall McCrea's planned retirement by the end of 2026 also hands sole leadership to Thomas Long during the stretch when Desert Southwest execution matters most. The Thesis Depends on the Next Two Quarters, Not the Last Two. The evidence so far supports a specific, narrower claim than "data centers will drive Energy Transfer higher": the company's most recent capital has generated better returns than its 2025 vintage did, and it financed that growth without breaching its own leverage ceiling. That is a meaningfully different claim from saying the trend is now durable. The honest read is that Energy Transfer converted a real structural advantage, gas infrastructure already positioned under demand growth, into two quarters of standout returns that were flattered by volatility management itself says will not repeat. The metric worth watching is whether Return on Capital and free cash flow coverage hold near their second quarter levels once Mustang Draw II and Frac IX ramp without the extra market volatility, and once the July 2026 junior subordinated notes start adding interest expense without a matching offsetting boost from trading conditions. If leverage stays under 4x and coverage stays above the roughly 2x seen in the second quarter through the back half of 2026, the return improvement will look structural. If it slides back toward the 2025 range once the noisier commodity backdrop fades, the current spike will look more like a favorable quarter than a new baseline. Should You Invest in Energy Transfer LP? The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question. Pull up ET stock and you'll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down. You can build a free watchlist to track Energy Transfer LP alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself. Looking for New Opportunities? * See what stocks billionaire investors are buying so you can follow the smart money. * Analyze stocks in as little as 5 minutes with TIKR's all-in-one, easy-to-use platform. * The more rocks you overturn... the more opportunities you'll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR. Disclaimer: Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or its content team, nor are they recommendations to buy or sell any stocks. TIKR create its content based on TIKR Terminal's investment data and analysts' estimates. Its analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing! Table of Contents * Key Takeaways * Energy Transfer's Pipeline Network Sits Right Under the Data Center Boom * The Numbers Start Backing Up the Pitch * What Energy Transfer's Improvement Isn't Proof Of Yet * The Thesis Depends on the Next Two Quarters, Not the Last Two * Should You Invest in Energy Transfer LP? * Looking for New Opportunities? * Disclaimer: General Investing Earnings Updates Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.

GlobeNewswire
Sep 16th, 2026
Energy Transfer/Sunoco Foundation's $200,000 grant expands commitment to North Texas families facing hunger.

Energy Transfer/Sunoco Foundation's $200,000 grant expands commitment to North Texas families facing hunger. Funding and volunteer support accelerate North Texas Food Bank's effort to meet rising hunger needs across the region. Dallas, TX, Sept. 16, 2026 (GLOBE NEWSWIRE) - The North Texas Food Bank (NTFB) received a $200,000 grant from the Energy Transfer/Sunoco Foundation, continuing a long-standing partnership dedicated to reducing food insecurity across the region. Energy Transfer was recently honored as Corporation of the Year at NTFB's 19th Annual Golden Fork Awards, recognizing 14 years of partnership and nearly 4.5 million meals provided to children, seniors, and families experiencing hunger in North Texas. The company's support has surpassed $1.5 million and includes sponsoring three food delivery trucks. In 2025, Energy Transfer also contributed an additional $50,000 to support families affected by the government shutdown, and employees regularly volunteer in NTFB's warehouse. "Our team believes deeply in showing up for the communities where we live and work," said Tom Long, co-Chief Executive Officer of Energy Transfer. "Food is the most basic building block for a healthy, stable life. When families don't have to worry about their next meal, everything else becomes more possible. Supporting the North Texas Food Bank is one of the most meaningful ways we can help strengthen our community, and we're proud to stand alongside them year after year." "The Energy Transfer/Sunoco Foundation continues to be a powerful force for good in North Texas," said Trisha Cunningham, President and CEO of the North Texas Food Bank. "Their generosity fuels our ability to reach more families, and their hands-on involvement shows what true partnership looks like. When organizations step forward with this level of commitment, it creates real momentum toward a hunger-free community." The need for food assistance remains significant. A recent Feeding America study found that Texas has the largest population of food-insecure individuals in the nation, and the Dallas-Fort Worth area ranks fourth among U.S. metro areas for food insecurity. Within NTFB's 12-county service area, approximately 800,000 neighbors, including more than 290,000 children, face hunger. Mackie McCrea, co-Chief Executive Officer at Energy Transfer, noted that addressing food insecurity will remain a priority for the company. "When people have access to food, they have the foundation to learn, work, and care for their families. I'm incredibly proud of our employees who give their time and energy to support this mission. Their enthusiasm reminds me that compassion is contagious," said McCrea. About North Texas Food Bank North Texas Food Bank (NTFB) is a leading nonprofit organization that fights hunger and provides children, seniors and families in North Texas access to nutritious food. For over 40 years, we have been at the forefront of hunger relief, committed to ensuring that no one in our community lacks access to healthy food. Our extensive network of 500 food pantries and organizations, volunteers, and donors enables us to deliver more than 141 million meals last year to those in need. Beyond just addressing hunger, we focus on nourishing lives by offering nutrition education, investing in our network partners, innovating solutions to eliminate hunger and advocating for policies that tackle the root causes of food insecurity. Our dedication to excellence is reflected in our 4-star rating from Charity Navigator, highlighting our strong governance, integrity, and financial stability. As a proud member of Feeding America, the nation's largest hunger relief network, we are committed to ensuring everyone in North Texas has the nourishment needed to lead a healthy and fulfilling life. For more information, visit http://www.ntfb.org/ or connect with us on social media @NorthTexasFoodBank. About Energy Transfer Energy Transfer is one of the largest energy infrastructure companies in North America specializing in the transportation, storage and terminalling of natural gas, natural gas liquids, crude oil and refined products. The company has more than 140,000 miles of pipelines and related assets traversing 44 states with international offices in Shanghai and Panama City, Panama. Attachments

Silver Linings Reflections, LLC
Sep 12th, 2026
Kelcy Warren voices confidence in oil and gas future.

Kelcy Warren voices confidence in oil and gas future. While much of the public conversation around energy focuses on wind farms, solar panels and battery storage, Kelcy Warren used a recent interview to make the case that oil and gas are not going anywhere. The Energy Transfer executive chairman offered his view during a Hart Energy LIVE conversation tied to the company's Houston based 50th anniversary Hall of Fame event. A Blunt Take on a Familiar Debate Warren was asked what advice he had for young people following the energy business, and he used the question to address a broader argument he clearly hears often. He told Hart Energy staff member Jordan Soto that claims about the industry quietly transitioning away from oil and gas amount to nonsense, and he encouraged readers not to accept that framing at face value. Kelcy Warren's answer carried the tone of someone who has fielded the same question many times and grown tired of hedged responses to it. Betting on Continuity Rather than describing a company adjusting to outside pressure, Warren described one intent on continuing much as it always has. He said Energy Transfer will not run from criticism aimed at fossil fuels, choosing instead to keep its focus on the business it already knows well. Kelcy Warren framed that steadiness as an advantage rather than a liability, suggesting that companies chasing every shift in public sentiment lose sight of what has made them successful. His comments landed at an event meant to celebrate fifty years of energy coverage, giving them added weight as a statement about where the industry, and his corner of it in particular, expects to stand for years to come. It was a short answer, but one delivered with the kind of certainty that has defined much of his long career running pipeline infrastructure across the country. See related link for more information.

PA Environment Digest Blog
Sep 5th, 2026
Inside Climate News: Energy Transfer/Sunoco files lawsuit to preempt criminal charges by PA Attorney General in Bucks County jet fuel pipeline spill, asks for state Clean Streams Law to be declared...

Inside Climate News: Energy Transfer/Sunoco files lawsuit to preempt criminal charges by PA Attorney General in Bucks County jet fuel pipeline spill, asks for state Clean Streams Law to be declared unconstitutional. On September 4, 2026, Inside Climate News reported Energy Transfer/Sunoco filed a lawsuit in Commonwealth Court in April seeking to preempt criminal charges by Pennsylvania Attorney General David Sunday over a jet fuel pipeline spill in Bucks County by declaring part of the state Clean Streams Law unconstitutional. Energy Transfer's objection to the law: Parties could be found guilty of an environmental crime even if their actions are accidental. Because one section of the law lacks what is called a "mens rea," or "guilty mind" provision, the company said, parties could face fines or imprisonment whether or not their actions were knowing and purposeful. "A lack of mens rea requirement here offends the principles of justice and does not provide adequate notice of the offending conduct that could form the basis for criminal liability," Energy Transfer's petition said. [Note: The federal Pipeline and Hazardous Materials Safety Administration said its investigation into the pipeline leak so far shows the Energy Transfer pipeline may have been leaking for as long as 16 months, WHYY reported on February 28.] The court challenge comes before any charges have been filed against Energy Transfer. And it concerns both a law and a legal interpretation that may not be relevant to the criminal investigation the company and its subsidiary Sunoco now face over their Twin Oaks pipeline, said Pennsylvania Attorney General Dave Sunday in his Aug. 25 response to the lawsuit. Sunday urged the court to dismiss the lawsuit, which he characterized as an improper effort "to pre-empt an anticipated criminal proceeding." Instead of waiting to see if a case is filed and defending itself against whatever charges it faces, Sunday said Energy Transfer is seeking to get a court ruling in its favor - a declaratory judgment - in advance. "A criminal investigation is not a criminal charge, and a declaratory judgment cannot be used to substitute a defense against a criminal charge," Sunday said in his brief. Neither Energy Transfer nor its lawyers immediately responded to a request for comment on the case, nor did Sunday's office. Click Here to read the entire article Prior Criminal Convictions/Penalities On August 5, 2022, EnergyTransfer, Sunoco, ETC Northeast Pipeline LLC were convicted of criminal charges related to their conduct during the construction of two major pipelines in Pennsylvania that resulted in a catastrophic explosion of the Revolution Pipeline in Beaver County and contaminated water supplies related to the Mariner East Pipelines. Read more here. Energy Transfer/Sunoco have been fined a total of over $48.1 million for multiple, serious violations related to the construction of the Mariner East Pipelines and the Revolution Pipelines starting in 2018 that resulted in an explosion, contamination of water supplies, pollution of the Marsh Creek State Park lake and the lake at the Raystown Lake Recreation Area. In 2018, DEP imposed an unprecedented block on issuing any new permits to Energy Transfer/Sunoco until the company resolves multiple environmental violations and adopts policies that require compliance with the state's environmental laws and regulations. Read more here. Frustration by the flagrant violations of environmental laws and the inability of current state law to prevent damage caused by Energy Transfer/Sunoco pipeline construction related to the Mariner East Pipeline can be illustrated by a 2018 quote from Republican Sen. Don White (Indiana County) at a Senate Committee meeting- "We should be able to deal with that company and put them out of business." Read more here. The Public Utility Commission fined Energy Transfer/Sunoco $1 million for violations related to the Revolution Pipeline explosion. Read more here. In 2020, the PUC imposed a $200,000 penalty on Energy Transfer/Sunoco related to integrity testing of the Mariner East Pipeline 1. Read more here. New Companies In July 2026, the Energy Transfer pipeline company asked the Public Utility Commission to dissolve the Sunoco Pipeline Company and transfer its assets to two new companies. (formal notice) One new company- Energy Transfer NE NGL Pipelines LLC - would own and operate the troubled Mariner East Pipelines and other pipelines carrying natural gas liquids. A second company- Energy Transfer RP Pipelines LLC- would own and operate the pipelines carrying refined petroleum products. Read more here. The Bucks County Incident On January 31, 2025, Energy Transfer/Sunoco confirmed that its pipeline had leaked petroleum, initially contaminating seven wells in the Mt. Eyre Manor neighborhood in Upper Makefield Township. The federal Pipeline and Hazardous Materials Safety Administration said its investigation into the pipeline leak so far shows it may have been leaking for as long as 16 months, WHYY reported on February 28. Third-party environmental consultants - working under DEP oversight - have conducted water tests at impacted homes, testing well water for petroleum contamination. Treatment systems have been installed at 112 residences, seven of which had results above drinking water standards for petroleum products and with detectable contamination at other residences. Treatment systems are scheduled to be installed at many other homes. The point-of-entry treatment (POET) filtration systems that have been installed are designed to remove all contaminants from drinking water, ensuring residents can have access to clean water in their homes. On March 6, 2025, the Shapiro Administration issued an order directing Energy Transfer to continue providing bottled water to affected residents and sample and maintain the treatment systems that have been installed on homes. Additionally, DEP required Energy Transfer to submit a long-term cleanup plan and set up a way for affected residents and the community to access cleanup plans. On March 14, 2025 the Bucks County Courier Times reported the Pennsylvania Attorney General has opened an investigation into potential environmental crimes related to the Energy Transfer/Sunoco pipeline that leaked petroleum into household wells in Upper Makefield Township, Bucks County. Read more here. Visit DEP's Upper Makefield Pipeline webpage for more information on the response to the spill. (Map: Pipeline spill area of investigation.) PA Oil & Gas Industry, Public Notice Dashboards: - Pennsylvania Oil & Gas Weekly Compliance Snapshot - August 29 to Sept. 4 [PaEN]