The estimated Net Worth of Ray W Washburne is at least $4.76 Million dollars as of 19 August 2021. Mr. Washburne owns over 100,000 units of Transfer LP stock worth over $4,761,000 and over the last 10 years he sold ET stock worth over $0. In addition, he makes $0 as Independent Director of LE GP and LLC at Transfer LP.
Ray has made over 9 trades of the Transfer LP stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 100,000 units of ET stock worth $890,000 on 19 August 2021.
The largest trade he's ever made was buying 200,000 units of Transfer LP stock on 11 May 2021 worth over $1,906,000. On average, Ray trades about 13,393 units every 66 days since 2014. As of 19 August 2021 he still owns at least 300,000 units of Transfer LP stock.
You can see the complete history of Mr. Washburne stock trades at the bottom of the page.
Ray W. Washburne serves as Independent Director of LE GP, LLC of the Company. Mr. Washburne was appointed to the Board of Directors of our general partner in April 2019. He is currently President and Chief Executive Officer of Charter Holdings, Inc., a Dallas-based investment company involved in real estate, restaurants and diversified financial investments. In addition, he currently serves on the President’s Intelligence Advisory Board (PIAB). From August 2017 to February 2019, Mr. Washburne served as the President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution. From 2000 to 2017, Mr. Washburne served on the board of directors of Veritex Holdings, Inc. (Nasdaq: VBTX), a Texas -based bank holding company that conducts banking activities through its subsidiary, Veritex Community Bank. He has also served as an adjunct professor at the Cox School of Business at Southern Methodist University. Mr. Washburne is also a member of the Republican Governors Association Executive Roundtable, the American Enterprise Institute, the Council on Foreign Relations, and is on the Advisory Board of the United States Southern Command. The members of our general partners selected Mr. Washburne to serve on the Board of Directors because of his expertise in international finance, his relationships in government, and his experience on the board of a publicly traded company.
Ray Washburne is 59, he's been the Independent Director of LE GP and LLC of Transfer LP since 2019. There are 16 older and 3 younger executives at Transfer LP. The oldest executive at Energy Transfer LP is Ray Davis, 78, who is the Director of LE GP LLC.
Ray's mailing address filed with the SEC is 8214 Westchester Dr # 400, Dallas, TX 75225, USA.
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, and 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: