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 L.P. (ET) maintains one of North America's most comprehensive energy infrastructure networks, spanning critical pipeline systems and processing facilities. This dedicated news hub provides stakeholders with direct access to official announcements, operational updates, and strategic developments.
Investors and analysts will find curated press releases covering quarterly earnings, asset expansions, regulatory filings, and partnership agreements. All content is sourced from verified corporate communications and regulatory disclosures, ensuring compliance with financial reporting standards.
The repository organizes updates across key operational areas including natural gas transportation, crude oil logistics, NGL processing, and renewable energy initiatives. Bookmark this page for efficient tracking of infrastructure developments, safety milestones, and market positioning updates that impact ET's role in the energy value chain.
Energy Transfer LP (NYSE: ET) reported a strong financial performance for Q4 2021, with net income of $921 million, up $412 million year-over-year. Adjusted EBITDA rose to $2.81 billion, driven by increased NGL transportation and higher commodity prices. Distributable Cash Flow increased to $1.60 billion. Growth capital expenditures are projected between $1.6 billion and $1.9 billion for 2022. The partnership completed significant projects, including the Mariner East and Gulf Run pipelines, and successfully integrated the Enable acquisition, expected to yield over $100 million in annual cost efficiencies.
Sunoco LP (NYSE: SUN) reported financial results for Q4 and FY 2021. For Q4 2021, net income rose to $100 million from $83 million a year ago, with Adjusted EBITDA at $198 million, up from $159 million. Fuel sales increased by 3.1% to 1.9 billion gallons, resulting in a fuel margin increase to 12.0 cents per gallon. Full-year net income hit $524 million, with an Adjusted EBITDA of $754 million. The board declared a distribution of $0.8255 per unit for Q4. Looking ahead, 2022 Adjusted EBITDA is expected between $770 and $810 million.
Sunoco LP (NYSE: SUN) declared a quarterly distribution of $0.8255 per common unit for Q4 2021, amounting to an annualized $3.3020. The payment will be made on February 18, 2022, to unitholders recorded by February 8, 2022. The company will also release its fourth quarter financial results before the market opens on February 16, 2022, followed by a conference call at 9:00 a.m. CT to discuss the outcomes. Sunoco operates in fuel distribution across 40 U.S. states.
Energy Transfer LP (NYSE: ET) announced a quarterly cash distribution of $0.175 per common unit for Q4 2021, reflecting a 15% increase from the previous quarter. This distribution, payable on February 18, 2022, aims to return value to unitholders while maintaining a target leverage ratio of 4.0x-4.5x debt-to-EBITDA. The company plans to evaluate future distribution increases quarterly to eventually return to a quarterly level of $0.305. Earnings results for Q4 and full year 2021 will be released on February 16, 2022, followed by a conference call to discuss the outlook for 2022.
Energy Transfer LP (NYSE: ET) has announced quarterly cash distributions for its preferred units, amounting to
Energy Transfer LP (NYSE: ET) has appointed Dilanka Seimon as Vice President of Alternative Energy. Seimon, an industry veteran from BHP, will lead the development of alternative energy and carbon capture projects, focusing on ESG initiatives such as carbon offset programs. His extensive experience in the energy sector is anticipated to enhance Energy Transfer's efforts in renewable energy and sustainability.
Energy Transfer LP (NYSE: ET) announced plans to release its fourth quarter and full year 2021 earnings on February 16, 2022, after market close. A conference call will follow at 3:30 PM CT to discuss results and provide a 2022 outlook. Energy Transfer operates a large and diversified energy asset portfolio in the U.S., including natural gas and crude oil transportation, storage assets, and interests in Sunoco LP (NYSE: SUN) and USA Compression Partners, LP (NYSE: USAC).
TortoiseEcofin announced quarterly rebalancing changes effective December 17, 2021. The Ecofin Global Water ESG Index will remove Primo Water Corp (PRMW CN), while the Ecofin Global Digital Payments Infrastructure Index will add Global-e Online Ltd (GLBE US), Marqeta Inc (MQ US), and Paymentus Holdings Inc (PAY US). Notably, Enable Midstream Partners LP (ENBL) was removed from both the Tortoise MLP Index and Tortoise North American Pipeline Index on December 3, 2021, due to its merger with Energy Transfer LP (ET). For full constituent lists, visit TortoiseEcofin's website.
Energy Transfer LP (NYSE:ET) released its 2020 Corporate Responsibility Report detailing operational results and safety initiatives across its business segments. The report emphasizes the company's commitment to pipeline safety, risk management, and emissions reduction, alongside its efforts in renewable energy. With over 114,000 miles of pipeline infrastructure across 41 states and Canada, Energy Transfer plays a vital role in transporting nearly 30% of the U.S. natural gas and oil supply.
Sunoco LP (NYSE: SUN) announced its 2022 operational and financial guidance on December 6, 2021. The Partnership operates in fuel distribution to around 10,000 locations across more than 30 states and is a master limited partnership. A presentation detailing this guidance is available on their website. Additionally, SUN will engage with the investment community at the Wells Fargo Midstream Symposium on December 9, 2021. Forward-looking statements reflect potential risks, including impacts from COVID-19 and commodity price volatility.
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