COVID Stimulus Watch Individual Entry

Recipient Company:
Energy Transfer Operatng
Loan or Loan Guarantee Amount:
$5,156,184

Recipient Details

Ownership Structure: publicly traded (ticker symbol ET)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Energy Transfer
Headquartered in: Texas
Parent Sector: pipelines
Parent Industry: pipelines
Employees (prior to pandemic): 12,812

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $432,312
Contracting icon
Government-contracting-related Penalties: $2,200,000
Environment icon
Environmental / Healthcare / Safety Penalties: $192,598,731
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $672,314
CEOpay icon
CEO Compensation: $11,601,341
Tax icon
Total Federal, State, and Local Subsidies: $1,406,673,143
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues