STOCK TITAN

Energy Transfer LP - ET STOCK NEWS

Welcome to our dedicated news page for Energy Transfer LP (Ticker: ET), a resource for investors and traders seeking the latest updates and insights on Energy Transfer LP.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Energy Transfer LP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Energy Transfer LP's position in the market.

Rhea-AI Summary
Energy Transfer (ET) has announced an increase in its quarterly cash distribution to $0.3175 per common unit for the first quarter of 2024, marking a 3.3% increase from the previous year. The distribution will be paid on May 20, 2024, to shareholders of record as of May 13, 2024. Additionally, the company plans to release its first-quarter earnings on May 8, 2024, and will conduct a conference call to discuss the results and provide an update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
none
-
Rhea-AI Summary
Energy Transfer LP (ET) announced a quarterly cash distribution of $0.2111 per Series I Preferred Unit and the redemption of all outstanding Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units at $25.00 per Unit on May 15, 2024. Holders of Units as of May 1, 2024, will receive accrued distributions. Energy Transfer LP is a leading energy company in the US with a vast portfolio of energy assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
none
-
Rhea-AI Summary
Sunoco LP announced the completion of the acquisition of liquid fuels terminals in Europe and the divestiture of convenience stores in West Texas to 7-Eleven, Inc. The transactions were completed at attractive multiples and are accretive to unitholders. The Partnership reaffirmed its 2024 Adjusted EBITDA guidance range of $975 million to $1 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
Rhea-AI Summary
Sunoco LP announced the pricing of a private offering of senior notes, including 7.000% notes due 2029 and 7.250% notes due 2032, with an aggregate principal amount of $1.5 billion. The proceeds will be used to repay debt, fund the redemption of preferred units, and cover offering fees and expenses. The offering is not contingent on the completion of the NuStar Merger.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
Sunoco LP announced a private offering of senior notes totaling $1.5 billion to fund a pending merger with NuStar Energy L.P. The offering is not contingent on the merger's completion, with proceeds intended for debt repayment, preferred unit redemption, and offering fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
-
Rhea-AI Summary
NuStar Energy L.P. declares a special distribution of $0.212 per common unit, subject to approval of its acquisition by Sunoco LP. The special distribution will be paid on May 2, 2024, to holders of record as of April 26, 2024. The company operates in the energy sector with pipeline and terminal facilities in the US and Mexico.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
Rhea-AI Summary
Sunoco LP and NuStar Energy L.P. announce the expiration of the waiting period under the HSR Act for Sunoco's pending acquisition of NuStar. NuStar unitholder vote scheduled for May 1, 2024. Details outlined in the NuStar Definitive Proxy Statement. Transaction expected to close shortly after unitholder approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
-
Rhea-AI Summary
Sunoco LP (SUN) and NuStar Energy L.P. (NS) announced the expiration of the waiting period under the HSR Act for Sunoco's pending acquisition of NuStar. The transaction is expected to close after a NuStar unitholder vote on May 1, 2024. NuStar unitholders are set to receive Sunoco's distributions for Q1 2024 post-transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
-
Rhea-AI Summary
Sunoco LP (SUN) to announce first quarter 2024 financial results on May 8, 2024, with a conference call scheduled for discussion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
Rhea-AI Summary
Energy Transfer LP (ET) plans to release earnings for Q1 2024 on May 8, 2024, followed by a conference call to discuss results and company updates. With a vast energy asset portfolio in the US, Energy Transfer is a leading player in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
Energy Transfer LP

NYSE:ET

ET Rankings

ET Stock Data

51.93B
3.03B
10.13%
34.16%
1.11%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
Link
US
Dallas

About ET

energy transfer is a texas based company that began in 1995 as a small intrastate natural gas pipeline operator and is now one of the largest and most diversified investment grade master limited partnerships in the united states. growing from roughly 200 miles of natural gas pipelines in 2002 to approximately 71,000 miles of natural gas, natural gas liquids (ngls), refined products, and crude oil pipelines. today, there are 4 publicly traded partnerships in the energy transfer family. energy transfer partners, l.p (nyse:etp) is a master limited partnership which owns and operates one of the largest and most diversified portfolios of energy assets in the united states. energy transfer equity, l.p (nyse:ete) is a master limited partnership which owns the general partner and 100% of the incentive distribution rights (idrs) of energy transfer partners, l.p. sunoco logistics partners l.p (nyse:sxl), is a master limited partnership that owns and operates a logistics business consisting of a