Welcome to our dedicated page for Energy Transfer L P news (Ticker: ET), a resource for investors and traders seeking the latest updates and insights on Energy Transfer L P stock.
Energy Transfer LP (NYSE: ET) is a publicly traded limited partnership that owns and operates a large portfolio of U.S. energy infrastructure, including approximately 140,000 miles of pipeline and associated assets across 44 states. Its core operations span natural gas midstream, intrastate and interstate transportation and storage, and crude oil, natural gas liquids (NGL) and refined product transportation and terminalling, along with NGL fractionation.
The ET news feed highlights company announcements that matter to unitholders and market followers. These include earnings release dates and conference call details, outlook updates for capital investment and Adjusted EBITDA, and information on major growth projects such as expansions of natural gas pipeline capacity. News items also cover decisions about capital allocation, such as the suspension of specific development projects in favor of other pipeline opportunities.
Because Energy Transfer is active in the capital markets, news often features the pricing and completion of senior note and junior subordinated note offerings, along with stated uses of proceeds for refinancing existing indebtedness and funding general partnership purposes. Updates on quarterly cash distributions and related announcements from Form 8-K filings also appear in the news flow.
Energy Transfer’s ownership of general partner interests and common units in Sunoco LP and USA Compression Partners, LP means that some news may reference developments at these affiliated entities, particularly where Energy Transfer’s governance or economic interests are involved. Investors and analysts can use this page to follow regulatory disclosures, project updates and financial communication that the partnership releases through press statements and SEC-referenced materials.
Energy Transfer LP (NYSE: ET) announced that its subsidiary, Gulf Run Transmission LLC, has received FERC approval to launch the Gulf Run pipeline. This 135-mile pipeline will transport natural gas from U.S. producing regions to the Gulf Coast, with a capacity of 1.65 Bcf/day. The pipeline connects key natural gas basins, including Haynesville and Permian, enhancing Energy Transfer's extensive pipeline network across 41 states. This move aims to meet increasing domestic and international demand for natural gas.
Sunoco LP (NYSE: SUN) has announced its operational and financial guidance for 2023. The partnership, which distributes motor fuel to about 10,000 locations across more than 40 U.S. states, will participate in the 2022 Wells Fargo Midstream and Utilities Symposium on December 7, 2022. This guidance, available on their website, will address expectations amidst current market uncertainties, including COVID-19 impacts and commodity price fluctuations. Sunoco's general partner is owned by Energy Transfer LP (NYSE: ET).
Energy Transfer LP (NYSE: ET) announced the pricing of its $1.0 billion senior notes due 2028 at 5.550% and $1.5 billion senior notes due 2033 at 5.750%. The public offering prices are set at 99.974% and 99.891% of their face value, respectively, with settlement expected on December 14, 2022. The net proceeds of approximately $2.482 billion will be utilized for repaying outstanding debts and general partnership purposes. This offering is made under an effective shelf registration statement filed with the SEC.
Energy Transfer LP (NYSE: ET) reported a strong financial performance for Q3 2022, with net income attributable to partners of $1.01 billion, up $371 million year-over-year. Adjusted EBITDA increased to $3.09 billion from $2.58 billion. Notably, despite a $126 million legal charge in crude oil services and a $130 million negative adjustment in NGL, the Partnership's Distributable Cash Flow rose to $1.58 billion. Volumes across all core segments increased, reaching record highs in natural gas transportation. The company expects full-year Adjusted EBITDA between $12.8 billion and $13.0 billion.
Sunoco LP (NYSE: SUN) reported its third-quarter results with a net income of $83 million, down from $104 million in Q3 2021. Adjusted EBITDA increased to $276 million from $198 million, driven by higher fuel margins and recent acquisitions. The company sold approximately 2.0 billion gallons of fuel, a 1% increase year-over-year, with a fuel margin of 13.9 cents per gallon. SUN announced a distribution of $0.8255 per unit, expected on November 18, 2022. It also plans to acquire Peerless Oil & Chemicals for $70 million, enhancing its Caribbean operations.
On October 25, 2022, Sunoco LP (NYSE: SUN) announced a quarterly distribution of $0.8255 per common unit for Q3 2022, equating to an annualized $3.3020 per common unit. This distribution will be paid on November 18, 2022, to shareholders of record as of November 4, 2022. Sunoco LP operates in the fuel distribution sector, serving approximately 10,000 locations across more than 40 U.S. states and territories, and is owned by Energy Transfer LP (NYSE: ET).
Energy Transfer LP (NYSE: ET) reported a quarterly cash distribution of
Energy Transfer LP (NYSE: ET) announced quarterly cash distributions for its preferred units. Holders of Series C Preferred Units will receive
Sunoco LP (NYSE: SUN) announced the release of its third quarter 2022 financial and operating results scheduled for November 1, 2022, before market opening. A conference call will occur at 9:00 a.m. CT to discuss these results. The company, which distributes motor fuel to around 10,000 locations across the U.S., is a master limited partnership with operations in refined product transportation. Its general partner is owned by Energy Transfer LP (NYSE: ET).
Energy Transfer LP (NYSE: ET) will report its third-quarter 2022 earnings on