Energy Transfer Partners

Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period

Retrieved on: 
Tuesday, April 9, 2024
Energy, Other Energy, Utilities, Oil, Gas, Transfer, SUN, NuStar Energy, Partnership, NuSTAR, Acquisition, Transport, Security (finance), Energy Transfer Partners, Hart–Scott–Rodino Antitrust Improvements Act, Sunoco, Central Time

Sunoco LP (NYSE: SUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. (NYSE: NS) (“NuStar” or “NS”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), in connection with Sunoco’s pending acquisition of NuStar.

Key Points: 
  • Sunoco LP (NYSE: SUN) (“Sunoco” or “SUN”) and NuStar Energy L.P. (NYSE: NS) (“NuStar” or “NS”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), in connection with Sunoco’s pending acquisition of NuStar.
  • The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction.
  • A NuStar unitholder vote is scheduled for May 1, 2024 at 9:00 am Central Time.
  • NuStar unitholders are anticipated to receive Sunoco’s distributions for the first quarter of 2024 following the closing of the transaction.

Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period

Retrieved on: 
Tuesday, April 9, 2024
Transfer, SUN, NuStar Energy, Partnership, NuSTAR, Acquisition, Transport, Security (finance), Energy Transfer Partners, Sunoco, Central Time, NS, HSR

DALLAS, April 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with Sunoco's pending acquisition of NuStar.

Key Points: 
  • DALLAS, April 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with Sunoco's pending acquisition of NuStar.
  • The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction.
  • A NuStar unitholder vote is scheduled for May 1, 2024 at 9:00 am Central Time.
  • NuStar unitholders are anticipated to receive Sunoco's distributions for the first quarter of 2024 following the closing of the transaction.

Energy Transfer Announces First Quarter 2024 Earnings Release and Earnings Call Timing

Retrieved on: 
Thursday, April 4, 2024
Energy, Other Energy, Oil, Gas, Transfer, Partnership, USAC, NGL, Energy Transfer Partners, Sunoco, Transport, SUN

Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2024 on Wednesday, May 8, 2024, after the market closes.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2024 on Wednesday, May 8, 2024, after the market closes.
  • The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com .
  • The call will also be available for replay on Energy Transfer’s website for a limited time.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.

Energy Transfer LP Announces Full Redemption Of Series E Preferred Units

Retrieved on: 
Wednesday, March 20, 2024
Oil, Gas, Energy, Transfer, Partnership, USAC, NGL, Energy Transfer Partners, Sunoco, SUN, Transport

Energy Transfer LP (NYSE: ET) today issued a notice to redeem all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Units”) on May 15, 2024 at a redemption price per Unit of $25.00.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today issued a notice to redeem all of its outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Units”) on May 15, 2024 at a redemption price per Unit of $25.00.
  • Holders of Units as of May 1, 2024, the record date for quarterly distributions on the Units, will separately receive accrued distributions to, but excluding, May 15, 2024, in an amount of $0.4750 per Unit.
  • Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.
  • Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 34% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 45% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC).

Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber

Retrieved on: 
Friday, February 23, 2024
Motor Sports, Sports, General Sports, Licensing (Sports), Automotive, Other Energy, Other Automotive, General Automotive, Oil, Gas, Performance & Special Interest, Energy, Transfer, Multimedia, F1, USAC, Transport, NGL, SUNOCO, SUN, Grand Prix, Sauber Motorsport, Energy Transfer Partners, C44, Partnership

Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport to sponsor its Stake F1 Team KICK Sauber, marking the first time these two companies have entered a marketing partnership.

Key Points: 
  • Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport to sponsor its Stake F1 Team KICK Sauber, marking the first time these two companies have entered a marketing partnership.
  • View the full release here: https://www.businesswire.com/news/home/20240223759441/en/
    SUNOCO AND ENERGY TRANSFER SIGN FIRST JOINT MULTI-YEAR PARTNERSHIP WITH STAKE F1 TEAM KICK SAUBER (Photo: Business Wire)
    The cornerstone of the sponsorship is brand visibility for both Sunoco and Energy Transfer on the new C44 Stake F1 Team car revealed in Hinwil, Switzerland earlier this month.
  • SUN's general partner is owned by Energy Transfer LP (NYSE: ET).
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.

Energy Transfer LP Files 2023 Annual Report

Retrieved on: 
Friday, February 16, 2024
Oil, Gas, Energy, Transfer, Form 10-K, Security (finance), Energy Transfer Partners, 8-K, Bank statement, Suite, Annual report, Cryptocurrency

Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC).

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2023 with the Securities and Exchange Commission (SEC).
  • Energy Transfer makes available on its website, www.energytransfer.com , annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and other information filed with or furnished to the SEC.
  • Energy Transfer also will provide any unitholder with a printed copy of its annual report on Form 10-K, which includes audited financial statements, free of charge upon request.
  • Such requests should be directed in writing to Investor Relations, 8111 Westchester Drive, Suite 600, Dallas, TX 75225.

Energy Transfer Reports Strong Fourth Quarter 2023 Results and Announces 2024 Outlook

Retrieved on: 
Wednesday, February 14, 2024
Oil, Gas, Energy, Transfer, TotalEnergies, Natural gas, USAC, Transport, NGL, Partnership, SUN, Heads of Agreement, Energy Transfer Partners, Public expenditure, Sunoco

Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2023.
  • The midpoint of this range represents a 7% increase from 2023 Adjusted EBITDA of $13.7 billion, which was $100 million above the high end of Energy Transfer 2023 estimates.
  • With the addition of new growth projects and acquisitions, Energy Transfer’s assets continued to reach new milestones during the fourth quarter of 2023.
  • In January 2024, Energy Transfer announced a quarterly cash distribution of $0.3150 per common unit ($1.26 annualized) for the quarter ended December 31, 2023, which is an increase of 3.3% compared to the fourth quarter of 2022.

Atlas Energy Solutions Appoints Mike Howard to its Board of Directors

Retrieved on: 
Tuesday, February 13, 2024
Oil, Gas, Energy, Transfer, Engineering, Bachelor of Science, Transport, United Way, ETE, Witte Museum, United, ETP, Trustee, Atlas, Texas A&M University, Energy Transfer Partners, Chemical engineering, Management

Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board”) has appointed Mike Howard to serve as a member of the Board and the Company’s Nominating and Corporate Governance Committee.

Key Points: 
  • Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the Board of Directors (the “Board”) has appointed Mike Howard to serve as a member of the Board and the Company’s Nominating and Corporate Governance Committee.
  • Mr. Howard serves as Chairman and CEO of Howard Midstream Energy Partners, LLC (“HEP”), a diverse, multibillion-dollar energy company operating critical energy infrastructure in four states and Mexico.
  • “We are pleased to add Mike to the Atlas Board of Directors,” commented Bud Brigham, Founder, Chairman and CEO.
  • In addition to chairing the HEP Board of Directors, Mike serves on the Board of Directors of Jonah Energy LLC and the Boards of Trustees for the Texas A&M University, Kingsville Foundation, the United Way of Bexar County, and the Witte Museum.

Energy Transfer Announces Increase in Quarterly Cash Distribution

Retrieved on: 
Thursday, January 25, 2024
Oil, Gas, Energy, Transfer, NGL, Annual report, Treasury, Partnership, Sunoco, Treasury regulations, Energy Transfer Partners, Transport, SUN, USAC, News, Security (finance)

Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3150 per Energy Transfer common unit ($1.26 on an annualized basis) for the fourth quarter ended December 31, 2023.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3150 per Energy Transfer common unit ($1.26 on an annualized basis) for the fourth quarter ended December 31, 2023.
  • This cash distribution per Energy Transfer common unit will be paid on February 20, 2024 to unitholders of record as of the close of business on February 7, 2024, and is an increase of 3.3 percent as compared to the fourth quarter of 2022.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.
  • Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

Energy Transfer LP Announces Cash Distributions on Series E and I Preferred Units

Retrieved on: 
Monday, January 22, 2024
Oil, Gas, Energy, Transfer, NGL, Annual report, Series, Treasury, Partnership, Sunoco, Treasury regulations, Energy Transfer Partners, Transport, SUN, USAC, News, Security (finance)

Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI).

Key Points: 
  • Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE) and the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI).
  • Notice of redemption with respect to the Series E preferred units will be issued at a later date and such units will be redeemed once redeemable on May 15, 2024.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure.
  • Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.