Energy Transfer might not stop with Enable Midstream acquisition

Kelcy Warren's Energy Transfer girds for next battle over Dakota Access pipeline

 

After acquiring Oklahoma City-based Enable Midstream Partners, LP in a $7.2 billion deal in February, Energy Transfer LP leadership is now talking of expanding holdings.

Energy Transfer’s co-founder and executive chairman Kelcy Warren said this week he was exploring possibly acquisitions in the chemicals business. He made he comments at a conference in North Dakota after his company got a $2.4 billion windfall from the February storm-related boost in natural gas prices.

Warren suggested his company possibly could enter the chemicals and plastics markets and do so through an acquisition.

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