The estimated Net Worth of Ray C Davis is at least $465 million dollars as of 3 January 2022. Mr. Davis owns over 6,028 units of Transfer LP stock worth over $465,008,108 and over the last 7 years he sold ET stock worth over $0. In addition, he makes $0 as Director of LE GP LLC at Transfer LP.
Ray has made over 7 trades of the Transfer LP stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 6,028 units of ET stock worth $95,664 on 3 January 2022.
The largest trade he's ever made was buying 1,281,000 units of Transfer LP stock on 9 March 2020 worth over $9,953,370. On average, Ray trades about 282,566 units every 68 days since 2018. As of 3 January 2022 he still owns at least 29,301,078 units of Transfer LP stock.
You can see the complete history of Mr. Davis stock trades at the bottom of the page.
Ray C. Davis serves as Director of LE GP LLC of the Company. Mr. Davis was appointed to the Board of Directors of the general partner of Energy Transfer LP in July 2018 and served on the Board of Directors of Energy Transfer Partners, L.L.C. from February 2018 until July 2018. From February 2013 until February 2018, Mr. Davis was an independent investor. He has also been a principal owner, and served as co-chairman of the board of directors, of the Texas Rangers major league baseball club since August 2010. Mr. Davis previously served on the Board of Directors of Energy Transfer LP (formerly Energy Transfer Equity, L.P.), effective upon the closing of its IPO in February 2006 until his resignation in February 2013. Mr. Davis also served as ETO’s Co-Chief Executive Officer from the combination of the midstream and transportation operations and the retail propane operations in January 2004 until his retirement from these positions in August 2007, and as the Co-Chairman of the Board of Directors of our general partner from January 2004 until June 2011. Mr. Davis also held various executive positions with Energy Transfer prior to 2004. From 1996 to 2000, he served as a Director of Crosstex Energy, Inc. From 1993 to 1996, he served as Chairman of the Board of Directors and Chief Executive Officer of Cornerstone Natural Gas, Inc. Our general partner selected Mr. Davis to serve as director based on his over 40 years of business experience in the energy industry and his expertise in the Partnership’s asset portfolio.
Ray Davis is 78, he's been the Director of LE GP LLC of Transfer LP since 2018. There are no older and 19 younger executives at Transfer LP.
Ray's mailing address filed with the SEC is 5950 Sherry Ln #550, Dallas, TX 75225, USA.
Over the last 5 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 et 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: