The estimated Net Worth of Marshall S Iii Mccrea is at least $136 Milion dollars as of 12 December 2023. Mr. Mccrea owns over 50,000 units of Transfer LP stock worth over $115,418,606 and over the last 9 years he sold ET stock worth over $9,161,650. In addition, he makes $11,601,300 as President i Chief Commercial Officer and Director of LE GP LLC at Transfer LP.
Marshall has made over 8 trades of the Transfer LP stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 50,000 units of ET stock worth $659,500 on 12 December 2023.
The largest trade he's ever made was selling 485,000 units of Transfer LP stock on 4 December 2015 worth over $9,161,650. On average, Marshall trades about 32,121 units every 77 days since 2015. As of 12 December 2023 he still owns at least 7,272,754 units of Transfer LP stock.
You can see the complete history of Mr. Mccrea stock trades at the bottom of the page.
Marshall S. McCrea III has been appointed as President, Co-Chief Executive Officer, Chief Commercial Officer and Director of LE GP LLC of the Company effective 1/1/2021. Mr. McCrea is the President and Chief Commercial Officer of our general partner, having served in that role since October 2018 following the merger of Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. Prior to that time, he had been the Group Chief Operating Officer and Chief Commercial Officer of the Energy Transfer family since November 2015. Mr. McCrea has served on the Board of Directors of our general partner since December 2009. Mr. McCrea was appointed as a director of the general partner of ETO in December 2009. Prior to that, he served as President and Chief Operating Officer of ETO’s 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 January 2004. In March 2005, Mr. McCrea was named President of La Grange Acquisition LP, ETO’s primary operating subsidiary, after serving as Senior Vice President-Business Development and Producer Services since 1997. Mr. McCrea also served as the Chairman of the Board of Directors of the general partner of Sunoco Logistics from October 2012 to April 2017. The members of our general partner selected Mr. McCrea to serve as a director because he brings extensive project development and operational 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 Partnership’s strategic plan.
As the President i Chief Commercial Officer and Director of LE GP LLC of Transfer LP, the total compensation of Marshall McCrea at Transfer LP is $11,601,300. There are no executives at Transfer LP getting paid more.
Marshall McCrea is 60, he's been the President i Chief Commercial Officer and Director of LE GP LLC of Transfer LP since 2018. There are 15 older and 4 younger executives at Transfer LP. The oldest executive at Energy Transfer LP is Ray Davis, 78, who is the Director of LE GP LLC.
Marshall's mailing address filed with the SEC is 800 E. SONTERRA BLVD., SUITE 400, SAN ANTONIO, TX, 78258.
Over the last 6 years, insiders at Transfer LP have traded over $1,845,190 worth of Transfer LP stock and bought 57,957,050 units worth $612,529,120 . The most active insiders traders include Kelcy L Warren, Ray C Davis oraz Marshall S Iii Mccrea. On average, Transfer LP executives and independent directors trade stock every 22 days with the average trade being worth of $10,808,279. The most recent stock trade was executed by Gregory G. Mc Ilwain on 23 August 2024, trading 20,000 units of ET stock currently worth $313,600.
Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,340 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. In addition, the company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transports and supplies water to natural gas producers in Pennsylvania. Further, it owns approximately 4,823 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 17 MMBbls. Additionally, the company sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Transfer LP executives and other stock owners filed with the SEC include: