Kelcy Warren's Biography

Early Life and Education

Kelcy Lee Warren was born on November 5, 1955, in Gladewater, Texas, and grew up in White Oak, Texas. He is the youngest of four sons of Hugh Brinson Warren and Bertie Lee Kirby. His father worked as a field hand for Sun Pipeline, a company now owned by Warren. Warren attended White Oak High School and later received a bachelor's degree in civil engineering from the University of Texas at Arlington in 19781.

Career Beginnings

Warren began his career working for the Lone Star Gas Company and then moved to Endevco, where he worked from 1981 to 1992. He served as executive vice-president of Cornerstone Natural Gas from 1989 to 1990, and as president and CEO from 1993 to 19961.

Rise in the Energy Industry

In 1996, Warren co-founded Energy Transfer Partners, which started as a small intrastate natural gas pipeline operator and has grown into one of the largest and most diversified publicly traded energy companies in the industry2. He has been the co-chairman and co-CEO of Energy Transfer Partners since 2007 and serves as chairman of the general partner of Energy Transfer Equity1.

Recent News and Acquisitions

Warren has been in the news for his continued bullish stance on the future of Energy Transfer, as evidenced by his purchase of shares in the company3. He has also been recognized for his contributions to the energy industry, including being honored at Hart Energy's 50th anniversary and Hall of Fame event4 5. Recently, Energy Transfer acquired Crestwood Equity Partners in a $7.1 billion deal6 and Sunoco announced the acquisition of NuStar Energy in a $7.3 billion deal7.

Philanthropy and Community Involvement

Warren has demonstrated a commitment to philanthropy, particularly in education. He made a transformational $12 million gift to his alma mater, the University of Texas at Arlington, to support the new resource and energy engineering (REE) bachelor's degree program, which is the largest single philanthropic investment in the university's history8 9. He has also supported the university through various other gifts over 25 years8.

Personal Life and Interests

Warren has a passion for art and is an avid art collector. He is also involved in professional sports ownership as part of the ownership group for the Texas Rangers10.

Conclusion

Kelcy Warren's career in the energy industry has been marked by strategic growth through acquisitions and a commitment to philanthropy, particularly in the field of education. His leadership at Energy Transfer Partners has positioned the company as a key player in the global energy market.

Citations

Footnotes

  1. https://en.wikipedia.org/wiki/Kelcy_Warren ↩ ↩2 ↩3

  2. https://ir.energytransfer.com/board-member/kelcy-warren ↩

  3. https://www.tipranks.com/news/insider-trading-energy-transfer-nyseet-top-executive-remains-bullish ↩

  4. https://www.hartenergy.com/exclusives/exclusive-its-impossible-kelcy-warren-transitioning-out-energy-207505 ↩

  5. https://www.hartenergy.com/hall-fame/2023/kelcy-warren ↩

  6. https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-energy-transfer-agrees-to-buy-rival-crestwood-in-us71-billion-pipeline/ ↩

  7. https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-sunoco-to-buy-nustar-energy-in-us73-billion-all-stock-deal/ ↩

  8. https://www.uta.edu/news/news-releases/2023/05/10/alumnus-kelcy-warrens-transformational-gift-is-largest-in-uta-history ↩ ↩2

  9. https://dallasinnovates.com/ut-arlington-gets-12-million-gift-from-alumnus-kelcy-warren-its-largest-donation-ever/ ↩

  10. https://facts.net/celebrity/9-surprising-facts-about-kelcy-warren/ ↩

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