Marshall S. McCrea III
Net Worth
Last updated:
What is Marshall S. McCrea III net worth?
The estimated net worth of Mr. Marshall S. McCrea III is at least $184,053,022 as of 12 Dec 2023. He owns shares worth $125,891,372 as insider, has earned $28,361,650 from insider trading and has received compensation worth at least $29,800,000 in Energy Transfer LP.
What is the salary of Marshall S. McCrea III?
Mr. Marshall S. McCrea III salary is $2,980,000 per year as Co-Chief Executive Officer & Director of LE GP, LLC in Energy Transfer LP.
How old is Marshall S. McCrea III?
Mr. Marshall S. McCrea III is 66 years old, born in 1959.
What stocks does Marshall S. McCrea III currently own?
As insider, Mr. Marshall S. McCrea III owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Energy Transfer LP (ET) | Co-Chief Executive Officer & Director of LE GP, LLC | 7,272,754 | $17.31 | $125,891,372 |
What does Energy Transfer LP do?
Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, 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 transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.
Marshall S. McCrea III insider trading
Energy Transfer LP
Mr. Marshall S. McCrea III has made 2 insider trades between 2015-2023, according to the Form 4 filled with the SEC. Most recently he purchased 50,000 units of ET stock worth $659,500 on 12 Dec 2023.
The largest trade he's ever made was exercising 485,000 units of ET stock on 4 Dec 2015. As of 12 Dec 2023 he still owns at least 7,272,754 units of ET stock.
Energy Transfer LP key executives
Energy Transfer LP executives and other stock owners filed with the SEC:
- Mr. Kelcy L. Warren (69) Executive Chairman of LE GP, LLC
- Mr. Marshall S. McCrea III (66) Co-Chief Executive Officer & Director of LE GP, LLC
- Mr. Matthew S. Ramsey (70) Chief Operating Officer & Director of LE GP, LLC
- Mr. Thomas E. Long (68) CO-Chief Executive Officer & Director of LE GP, LLC
- Mr. Thomas P. Mason (68) Executive Vice President, Gen. Counsel & Pres  LNG of LE GP, LLC