Deals
Kelcy Warren Defends MLPs, Deals, Plugs Ad at Texas Summit
- CEO sees revival in MLPs even as he considers new structure
- Energy Transfer readying commercial for Masters Tournament
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The billionaire chief executive officer of Energy Transfer LP defended the pipeline giant’s partnership structure, stood by his propensity for dealmaking and announced an upcoming commercial to air during the Masters golf tournament at an industry conference in Houston.
Donning black cowboy boots and a suit, Kelcy Warren told the Argus Americas Crude Summit that he may at some point consider shaking up Energy Transfer’s corporate structure even as he touted the benefits of the out-of-favor master limited partnership model and predicted a revival.