ET Energy Transfer LP Insider Trading

Director Warren Kelcy L purchased 2,000,000 shares for $33,760,000.00 across two transactions at $16.95 and $16.81.

Director Warren Kelcy L executed 2 separate purchases totaling 2,000,000 shares for $33,760,000.00 on consecutive days, with blended average price $16.88. His post-transaction holdings of 105,577,803 shares represent a +1.9% increase, demonstrating material capital commitment to the position. His prior trades at Energy Transfer show mixed timing: 3 of 5 prior buys yielded positive 90-day returns, while his most recent ET purchases in August 2025 posted negative 90-day returns of -0.4% and -2.1%. The current stock price of $16.64 reflects a -21.1% decline from the 52-week high of $21.08, positioning this purchase 1.4% below the transaction prices—a modest margin. His cross-ticker track record of 13 prior buys with 84.62% 90-day win rate contrasts with his same-ticker history at ET, where timing has been less consistent, warranting observation of whether this latest accumulation aligns with any material company developments or sector factors.

Director WARREN KELCY L purchases 2,000,000 shares for $34,681,000.00 in two tranches at ET; extends 5-for-5 well-timed buying pattern.

WARREN KELCY L, a director at Energy Transfer LP, made two separate open-market purchases totaling 2,000,000 shares (2.00M shares) for $34,681,000.00 ($34.7M) at a blended average price of $17.34 on August 19-20, 2025, increasing his holdings from 67,178,477 shares to 69,178,477 shares (+3.0% vs pre-transaction holdings). His five prior purchases at this ticker were uniformly well-timed: all posted positive 90-day returns, ranging from +1.8% to +10.3%. His broader cross-ticker open-market buying history is also strong, with 11 prior buys averaging +1.8% 30-day return and +4.2% 90-day return at a 100% win rate. The current stock price of $17.46 sits -17.2% from the 52-week high of $21.08, placing this transaction near recent lows. Energy Transfer LP carries a P/E of 12.65 and generated $19.2B in latest quarterly revenue with $1.2B net income. The timing and magnitude of this purchase, combined with the insider's consistent track record of well-timed accumulation at this same ticker and across his broader portfolio, merit investor attention to the directional signal this transaction provides.

Director Perry James Richard bought 25,892 shares at $13.52 on 2023-11-06, later selling 1,369 at $18.48; net position 24,523 shares

Perry James Richard, a Director at Energy Transfer LP, executed 2 separate transactions: a purchase of 25,892 shares at $13.52 for $350,059.84 on 2023-11-06, followed by a smaller sale of 1,369 shares at $18.48 for $25,299.12 on 2025-06-13, resulting in a net long position of 24,523 shares. The purchase occurred when ET was trading below the current price of $17.93 and well below the 52-week high of $21.08. The subsequent partial liquidation 19 months later suggests a staged approach rather than sustained conviction, as the director retained approximately 94.4% of the acquired stake while capturing gains on a small fraction. Given the substantial absolute position size and the multi-year horizon between transactions, this activity reflects significant capital deployment by a board member in a large-cap energy infrastructure business trading at a P/E of 12.54.

Energy Transfer EVP McIlwain buys 20,000 shares at $15.68 amid 3-insider cluster buy; holds 591.2K shares post-trade

McIlwain Gregory G., EVP – Operations, purchased 20,000 shares at $15.68 on 2024-08-23, increasing his holdings to 591.2K shares, a 3.5% increase from prior position. This transaction occurs alongside a cluster pattern where 2 other insiders bought within the past 14 days, indicating coordinated or simultaneous insider acquisition activity at Energy Transfer. The purchase price of $15.68 sits near the lower end of the 52-week range ($12.94–$16.44), though current price has rebounded to $16.11; the company's underlying fundamentals show net income of $1.3B against a market cap of $55.1B (P/E 12.39), though annual revenue declined 12.6% year-over-year. The multi-insider buy cluster combined with EVP-level conviction in share accumulation merits attention, but the concurrent revenue contraction creates tension in the signal and warrants examination of the operational context driving both the sales decline and insider purchasing rationale.

Co-CEO Long Thomas E purchases 20,000 shares of ET at $15.68; holdings now 4.31M shares

Long Thomas E, as Co-CEO, purchased 20,000 shares at $15.68 on 2024-08-12, increasing his holdings from 4,288,859 shares to 4,308,859 shares. The purchase occurred when the stock trades at $15.58 current price, a -5.2% decline from its 52-week high of $16.44 and near the lower bound of the 52-week range. Energy Transfer LP reported strong absolute fundamentals with $20.7B in quarterly revenue and $1.3B net income, though annual revenue growth declined -12.6% year-over-year. Across his open-market trading history, Long's prior buys averaged +12.8% return over 90 days with a 100.00% win rate, though this cross-ticker track record may not predict performance at ET specifically. The insider's position represents a modest 0.5% increase relative to his prior holdings, an open-market transaction that merits monitoring given his leadership role but the limited scale relative to his existing 4.31M-share stake.

Director Kelcy L Warren buys 3,000,000 ET shares at $15.68 for $47,040,000; holdings jump to 123.39M (+2.5%)

Director Kelcy L Warren executed a substantial open-market purchase of 3,000,000 shares of Energy Transfer LP at $15.68 on 2024-08-12, investing $47,040,000 in total. His holdings increased from 120,385,650 to 123,385,650 shares, representing a 2.5% addition to an already concentrated position. Prior trades at this ticker show consistent positive 90-day returns across 5 separate buys from August-November 2023 (range +1.8% to +7.4%), with all 5 prior purchases proving well-timed at the 90-day mark. However, the current price of $15.58 sits 5.2% below the 52-week high and reflects a 4.1% decline over the preceding 30 days, marking his entry point near recent weakness rather than continuation of the strength that characterized his earlier ET purchases. The large investment size and Warren's history of well-timed accumulation at this ticker merit monitoring, though the transaction occurs in a period of softening price momentum and negative annual revenue growth (-12.6% FY vs prior FY).