Energy Transfer LP reports midstream energy developments for a publicly traded limited partnership that owns and operates pipeline and associated infrastructure across major U.S. production basins. Recurring news covers operating and financial results, cash distributions on common and preferred units, guidance updates, debt and capital actions, and growth projects tied to natural gas, NGL, crude oil, refined products, storage, terminalling and fractionation.
Company updates also include Energy Transfer's interests in Sunoco LP, SunocoCorp LLC and USA Compression Partners, with related coverage of fuel distribution, pipeline systems, affiliate distributions and financing activity where those entities affect the partnership's ownership and cash-flow disclosures.
Energy Transfer (TXSE: ET) priced a $2.7 billion senior notes offering to refinance existing debt and support general partnership purposes. The offering comprises $900 million each of 5.450% notes due 2032, 5.900% notes due 2037 and 6.550% notes due 2057. Public offering prices are 99.972%, 99.719% and 99.862% of face value, respectively.
Settlement is expected on November 20, 2026. Energy Transfer intends to use net proceeds of approximately $2.68 billion before offering expenses to refinance existing indebtedness, including commercial paper and revolving credit facility borrowings, and for general partnership purposes.
Energy Transfer (ET) reported third-quarter 2026 adjusted EBITDA of $5.031 billion, up 31% from the same quarter last year. Net income attributable to partners rose to $1.207 billion from $1.019 billion, and basic earnings per common unit increased to $0.33 from $0.28. Revenue reached $37.103 billion versus $19.954 billion. Adjusted distributable cash flow attributable to partners was $2.522 billion.
The partnership raised its expected 2026 adjusted EBITDA range to $19.7 billion–$19.9 billion, from $18.8 billion–$19.1 billion. It expects growth capital spending of $5.4 billion–$5.6 billion in 2026 and approximately $7 billion in 2027. The announced approximately $2.6 billion Vaquero Midstream acquisition includes cash and equity and is expected to close in the fourth quarter, subject to regulatory approval. The quarterly distribution increased more than 3% year over year to $0.3425 per common unit.
Energy Transfer (TXSE: ET) increased its quarterly cash distribution to $0.3425 per common unit, payable on November 19, 2026. The distribution covers the third quarter ended September 30, 2026, equals $1.37 on an annualized basis and is more than 3 percent above the third quarter of 2025. Unitholders of record at the close of business on November 6, 2026, will receive the payment.
The company plans to release third-quarter 2026 earnings before the market opens on November 3, followed by a results call at 8:00 a.m. Central Time.
Energy Transfer (ET) announced a quarterly cash distribution of $0.2111 per Series I Preferred Unit. The distribution will be paid on November 13, 2026, to Series I unitholders of record as of the close of business on November 4, 2026. The Series I Preferred Units trade under the symbol ETprI.
Energy Transfer (TXSE: ET) signed a definitive agreement to acquire Vaquero Midstream in a transaction valued at approximately $2.625 billion. Consideration consists of $1.95 billion in cash and approximately 33.3 million newly issued Energy Transfer common units. Closing is expected in the fourth quarter of 2026, subject to regulatory approval and customary closing conditions.
The acquisition adds an approximately 300-mile Delaware Basin pipeline network and three natural gas processing trains with approximately 675 million cubic feet per day of total capacity. The assets already connect to Energy Transfer’s downstream natural gas and natural gas liquids infrastructure. Contracts have an average remaining life of approximately 10 years, with approximately 100,000 dedicated acres supporting cash flows. Energy Transfer expects immediate growth in distributable cash flow per common unit and incremental revenue opportunities from the existing connections.
Energy Transfer (ET) plans to release its third-quarter 2026 earnings on November 3, 2026, before the market opens. The company will hold a conference call that day at 8:00 a.m. Central Time/9:00 a.m. Eastern Time to discuss quarterly results and provide a company update. A live webcast and a limited-time replay will be available on Energy Transfer’s website.
Sunoco (SUN) and SunocoCorp (SUNC) will release third-quarter 2026 financial and operating results before market opening on November 3, 2026.
Management will discuss the results on a conference call that day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). A live webcast will be available on Sunoco’s website, with a replay available shortly after the call.
Energy Transfer (ET) will transfer the listing of its common units from the New York Stock Exchange to the Texas Stock Exchange, with trading on TXSE expected to begin on October 5, 2026, under the unchanged ticker “ET”.
Its Series I Preferred Units will also move to TXSE on the same date, continuing under “ETprI”. Energy Transfer owns extensive U.S. midstream assets and holds equity and general partner interests in Sunoco (SUN, SUNC) and USA Compression Partners (USAC).
Sunoco LP (SUN) and SunocoCorp LLC (SUNC) will transfer their common unit listings from the New York Stock Exchange to the Texas Stock Exchange. Trading on the TXSE is expected to begin on October 5, 2026, with SUN and SUNC retaining their current ticker symbols, and NYSE trading expected to end at market close on October 2, 2026. The companies state that the move reflects their Texas-based legacy and aims to enhance value and support future growth, and no action is required from unitholders.
Sunoco LP (NYSE: SUN) and SunocoCorp LLC (NYSE: SUNC) will participate in two upcoming investor conferences. Management will meet with investors on August 11, 2026 at the Citi Natural Resources Conference and on September 9, 2026 at the Barclays 40th Annual Energy-Power Conference. A related slide presentation is available on Sunoco LP’s website in the Investor Relations section under Webcasts & Presentations.