Energy Transfer L P Stock Price, News & Analysis

Energy Transfer (NYSE: ET) has announced a quarterly cash distribution increase to $0.33 per common unit ($1.32 annualized) for Q2 2025, representing a more than 3% increase compared to Q2 2024. The distribution will be paid on August 19, 2025, to unitholders of record as of August 8, 2025.

The company, which operates one of the largest energy asset portfolios in the United States with 140,000 miles of pipeline across 44 states, will release its Q2 2025 earnings on August 6, 2025. Energy Transfer's portfolio includes natural gas midstream operations, interstate transportation, crude oil and NGL assets, and significant ownership stakes in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).

Energy Transfer LP (NYSE: ET) has declared a quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI). The distribution will be paid on August 14, 2025, to unitholders of record as of August 4, 2025.

Energy Transfer operates one of the largest energy asset portfolios in the United States, with 140,000 miles of pipeline across 44 states. The company maintains significant ownership stakes in Sunoco LP (NYSE: SUN) at 21% of common units and USA Compression Partners, LP (NYSE: USAC) at 38% of common units.

The company's operations span natural gas midstream, transportation and storage, crude oil, NGL and refined product transportation, and NGL fractionation.

Sunoco LP (NYSE: SUN) has scheduled its second quarter 2025 financial and operating results announcement for Wednesday, August 6, 2025, before market opening. The company will host a conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on the same day to discuss the results.

Investors can access the call via phone by dialing 877-407-6184 (toll-free) or 201-389-0877. A replay will be available until August 13, 2025. Alternatively, participants can join through a webcast available on Sunoco's Investor Relations website.

Energy Transfer (NYSE: ET) has scheduled its second quarter 2025 earnings release for August 6, 2025, after market close. The company will host a conference call the same day at 3:30 PM CT/4:30 PM ET to discuss results and provide updates.

Energy Transfer operates one of America's largest energy asset portfolios, including 140,000 miles of pipeline infrastructure across 44 states. The company's portfolio includes natural gas midstream operations, transportation and storage assets, crude oil and NGL infrastructure, and significant ownership stakes in Sunoco LP (NYSE: SUN) and USA Compression Partners (NYSE: USAC).

Energy Transfer (NYSE: ET) has expanded its LNG supply agreement with Chevron, adding 1.0 million tonnes per annum (mtpa) to their existing partnership. This 20-year agreement increases Chevron's total contracted volume to 3.0 mtpa from the Lake Charles LNG export facility.

The agreement follows the same terms as their initial December 2024 deal, with LNG supplied on a free-on-board basis and pricing linked to Henry Hub. The deal remains subject to Energy Transfer's final investment decision. The Lake Charles facility will utilize existing infrastructure including four LNG storage tanks and two deep water berths, with direct connection to Energy Transfer's Trunkline pipeline system accessing multiple natural gas basins.

Engine Capital LP, owning 2.5% of Parkland Corporation, announced its intention to vote against the proposed transaction with Sunoco LP, citing an inadequate price and flawed sale process. The deal values Parkland at $44 per share, but Engine argues this translates to only $41.60 per share at current rates. Engine criticizes the Board for conducting a rushed 6-day negotiation without competitive bidding, questioning the involvement of outgoing CEO Bob Espey who stands to receive a $12.3M change-of-control payment. The investor argues Parkland's fair value is around $52.50 per share based on sum-of-parts analysis, and suggests the deal significantly undervalues the company's assets, particularly its international division. Engine proposes alternatives including a revised deal structure similar to Sunoco's 2023 proposal of $18 plus 0.443 Sunoco units, which would value Parkland at $50.70 per share.

Energy Transfer (NYSE: ET) has signed a significant 20-year LNG Sale and Purchase Agreement (SPA) with Kyushu Electric Power Company for up to 1.0 million tonnes per annum (mtpa) of LNG from its Lake Charles LNG project. This marks Kyushu's first-ever long-term LNG procurement contract from the U.S. The agreement follows recent deals, including a 5.0 mtpa HOA with MidOcean Energy and two 1.0 mtpa agreements with other international companies.

The LNG will be supplied on a free-on-board basis, with pricing linked to Henry Hub plus a fixed liquefaction charge. The agreement is contingent on Energy Transfer taking a final investment decision (FID) on the Lake Charles LNG project. The facility will be constructed on an existing brownfield site with four LNG storage tanks, two deep water berths, and direct connection to Energy Transfer's Trunkline pipeline system.

Parkland Corporation has filed its Management Information Circular for a strategic merger with Sunoco LP. The arrangement offers shareholders three consideration options: (1) C$19.80 in cash plus 0.295 SunocoCorp units, (2) C$44.00 in cash, or (3) 0.536 SunocoCorp units. The deal represents a 25% premium based on the 7-day VWAP as of May 2, 2025. The combined entity will become one of the largest independent fuel distributors in the Americas, expecting to achieve US$250 million in annual synergies by year three. Sunoco commits to maintaining a Calgary headquarters and investing in Canadian operations. The arrangement requires shareholder approval at a meeting scheduled for June 24, 2025, with a voting deadline of June 20, 2025.

Energy Transfer LP (NYSE: ET) has announced the availability of its 2024 Schedule K-3s, which contain international tax-relevant information for unitholders. These documents are accessible through the investor relations section of Energy Transfer's website at www.energytransfer.com.

Common unitholders can request electronic copies by calling 800-617-7736, while preferred unitholders (Series A through I) can call 833-608-3511. Tax Package Support is available on weekdays from 8:00 am to 5:00 pm Central Time. The Schedule K-3s are particularly relevant for foreign unitholders, those computing foreign tax credits, and certain corporate/partnership unitholders.