Energy Transfer Partners

Energy Transfer Schedule K-3s Now Available

Retrieved on: 
Friday, July 7, 2023

Energy Transfer LP (NYSE: ET) today announced that its 2022 Schedule K-3 reflecting items of international tax relevance is available online.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced that its 2022 Schedule K-3 reflecting items of international tax relevance is available online.
  • To receive an electronic copy of your 2022 Schedule K-3 via email, Energy Transfer unitholders owning Energy Transfer Common Units in 2022 may also call Tax Package Support toll free at 800-617-7736.
  • To receive an electronic copy of your 2022 Schedule K-3 via email, Energy Transfer unitholders owning Energy Transfer Preferred Units (ET Series A through H) in 2022 may also call Tax Package Support toll free at 833-608-3511.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 120,000 miles of pipeline and associated energy infrastructure.

Energy Transfer Reports Strong First Quarter 2023 Results and Updates 2023 Outlook

Retrieved on: 
Tuesday, May 2, 2023

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

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2023.
  • Energy Transfer reported net income attributable to partners for the three months ended March 31, 2023 of $1.11 billion.
  • Growth capital expenditures in the first quarter of 2023 were $407 million while maintenance capital expenditures were $149 million.
  • In April 2023, Energy Transfer announced a quarterly cash distribution of $0.3075 per common unit ($1.23 annualized) for the quarter ended March 31, 2023.

Energy Transfer Announces Increase in Quarterly Cash Distribution

Retrieved on: 
Wednesday, April 26, 2023

Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.3075 per Energy Transfer common unit ($1.23 on an annualized basis) for the first quarter ended March 31, 2023.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.3075 per Energy Transfer common unit ($1.23 on an annualized basis) for the first quarter ended March 31, 2023.
  • This cash distribution is an increase from $0.305 per Energy Transfer common unit for the fourth quarter of 2022 and will be paid on May 22, 2023, to unitholders of record as of the close of business on May 8, 2023.
  • Although Energy Transfer cannot guarantee future performance, the Partnership expects to make ongoing quarterly increases to its common unit distribution of $0.0025 ($0.01 on an annualized basis) and is now targeting a 3% to 5% annual distribution growth rate.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 120,000 miles of pipeline and associated energy infrastructure.

Energy Transfer LP Announces Cash Distributions on Series C, D and E Preferred Units

Retrieved on: 
Thursday, April 20, 2023

Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).

Key Points: 
  • Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.4609375 per Series C Preferred Unit (NYSE: ETprC), the quarterly cash distribution of $0.4765625 per Series D Preferred Unit (NYSE: ETprD), and the quarterly cash distribution of $0.4750000 per Series E Preferred Unit (NYSE: ETprE).
  • These cash distributions will be paid on May 15, 2023 to Series C, Series D and Series E unitholders of record as of the close of business on May 1, 2023.
  • Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 120,000 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 Announces First Quarter 2023 Earnings Release and Earnings Call Timing

Retrieved on: 
Monday, April 17, 2023

Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2023 on Tuesday, May 2, 2023, after the market closes.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced that it plans to release earnings for the first quarter of 2023 on Tuesday, May 2, 2023, 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 approximately 120,000 miles of pipeline and associated energy infrastructure.

Energy Transfer to Acquire Lotus Midstream in a $1.45 Billion Transaction

Retrieved on: 
Monday, March 27, 2023

Energy Transfer LP (NYSE: ET) and Lotus Midstream LLC announced today that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC (Lotus Midstream) in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM).

Key Points: 
  • Energy Transfer LP (NYSE: ET) and Lotus Midstream LLC announced today that the parties have entered into a definitive agreement pursuant to which Energy Transfer will acquire Lotus Midstream Operations, LLC (Lotus Midstream) in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM).
  • Consideration for the transaction will be comprised of $900 million in cash and approximately 44.5 million newly issued Energy Transfer common units.
  • Lotus Midstream owns and operates Centurion Pipeline Company LLC, an integrated, crude midstream platform located in the Permian Basin.
  • Jefferies is serving as financial advisor to Lotus Midstream, and Vinson & Elkins LLP is acting as Lotus Midstream’s legal counsel.

Energy Transfer LP Files 2022 Annual Report

Retrieved on: 
Friday, February 17, 2023

Energy Transfer LP (NYSE: ET) today announced it has filed its annual report on Form 10-K for the year ended December 31, 2022 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, 2022 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 2022 Results and Announces 2023 Outlook

Retrieved on: 
Wednesday, February 15, 2023

Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2022.

Key Points: 
  • Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2022.
  • Energy Transfer expects its 2023 Adjusted EBITDA to range between $12.9 billion and $13.3 billion.
  • During the fourth quarter of 2022, Energy Transfer’s assets continued to reach new milestones, with volumes increasing across all segments compared to the same period last year.
  • In January 2023, Energy Transfer announced a quarterly cash distribution of $0.305 per common unit ($1.22 annualized) for the quarter ended December 31, 2022.

Energy Transfer Announces Increase in Quarterly Cash Distribution

Retrieved on: 
Wednesday, January 25, 2023

Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.305 per Energy Transfer common unit ($1.22 on an annualized basis) for the fourth quarter ended December 31, 2022, which will be paid on February 21, 2023 to unitholders of record as of the close of business on February 7, 2023.

Key Points: 
  • Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.305 per Energy Transfer common unit ($1.22 on an annualized basis) for the fourth quarter ended December 31, 2022, which will be paid on February 21, 2023 to unitholders of record as of the close of business on February 7, 2023.
  • The distribution per unit is an approximate 75 percent increase over the fourth quarter of 2021 and is a 15 percent increase over the third quarter of 2022.
  • This distribution increase represents another step in Energy Transfer’s plan to return additional value to unitholders while maintaining its target leverage ratio of 4.0x-4.5x debt-to-EBITDA.
  • In addition, as previously announced, Energy Transfer plans to release earnings for the fourth quarter and full year 2022 on Wednesday, February 15, 2023, after the market closes.

Investigation Alert FIGS, FRSH, ET, UPST: Johnson Fistel, LLP Encourages Long-Term Investors to Contact the Firm; Should Management be Held Accountable for Investors’ Losses?

Retrieved on: 
Saturday, January 28, 2023

Johnson Fistel, LLP is investigating potential claims on behalf of FIGS, Inc. (“FIGS” or the “Company”) (NYSE: FIGS) against certain of its officers and directors.

Key Points: 
  • Johnson Fistel, LLP is investigating potential claims on behalf of FIGS, Inc. (“FIGS” or the “Company”) (NYSE: FIGS) against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Freshworks, Inc. (“Freshworks” or the “Company”) (NASDAQ: FRSH) against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Energy Transfer LP (“Energy Transfer” or the “Company”) (NYSE: ET) against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Upstart Holdings, Inc. (NASDAQ: UPST) against certain of its officers and directors.