Kelcy Warren Drops $21M on His Own Pipelines

ISB Research · Interesting · sent to Ultimate members August 20, 2026

When the man whose name is basically synonymous with Energy Transfer writes a $21.3 million check at $21.26, you pay attention. This is the company that moves natural gas, crude, and NGLs across the country through one of the biggest pipeline networks in the US, and Warren keeps adding to it. He's not alone either. A second insider stepped in over the past month, and every timeframe is pointing up with the trend green across the board. Insiders on this name have been right about 7 out of 10 times at 30 days and closer to 86% at three months. If it pulls back, selling a put spread under his $21.26 buy price is a clean way to get paid to wait for a cheaper entry than the guy running the place.

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