Welcome to our dedicated page for Energy Transfer LP news (Ticker: $ET), a resource for investors and traders seeking the latest updates and insights on Energy Transfer LP stock.
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
Sunoco LP (NYSE: SUN) filed its 2023 Annual Report on Form 10-K, showcasing operational and financial results for the fiscal year ended December 31, 2023. The partnership, a master limited partnership, distributes motor fuel to various customers across the U.S. states and territories. Sunoco LP's general partner is Energy Transfer LP (NYSE: ET). The report is available on the company's website and the SEC's website, offering insights into audited financial statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Energy Transfer LP (ET) has filed its annual report on Form 10-K for 2023, providing financial information to shareholders. The report is available on their website and can be requested for free. Energy Transfer aims for transparency and accessibility in its financial reporting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
-
Rhea-AI Summary
Energy Transfer LP (ET) reported strong financial results for Q4 2023 with net income of $1.33 billion, an increase of $172 million from the previous year. Adjusted EBITDA was $3.60 billion, up by $165 million. The company expects a 7% increase in 2024 Adjusted EBITDA, with growth capital expenditures of $2.4 to $2.6 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
Rhea-AI Summary
Sunoco LP (SUN) reports record full year 2023 financial results with a net loss in the fourth quarter, but an increase in fuel sales and margin. The company also announces definitive agreements to acquire NuStar Energy L.P., European liquid fuels terminals, and divest convenience stores to 7-Eleven, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
-
Rhea-AI Summary
Sunoco LP (SUN) declared a quarterly distribution for the fourth quarter of 2023 of $0.8420 per common unit or $3.368 per common unit on an annualized basis. The distribution will be paid on February 20, 2024 to common unitholders of record on February 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
-
Rhea-AI Summary
Energy Transfer LP (ET) announced a 3.3% increase in its quarterly cash distribution for the fourth quarter of 2023, amounting to $0.3150 per Energy Transfer common unit. The distribution will be paid on February 20, 2024, to unitholders of record as of February 7, 2024. Additionally, the company plans to release its earnings for the fourth quarter and full year of 2023 on February 14, 2024, and will conduct a conference call to discuss quarterly results and provide an outlook for 2024. Energy Transfer LP is a publicly traded limited partnership with a diversified portfolio of energy assets in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
Rhea-AI Summary
Energy Transfer LP (ET) announced the redemption of its Series C and D preferred units at specified prices, along with the quarterly cash distributions for its Series E and I preferred units. The cash distribution for the Series E and Series I unitholders will be paid on February 15, 2024, to Series E and Series I unitholders of record as of the close of business on February 1, 2024. Energy Transfer LP is a publicly traded limited partnership with core operations in natural gas midstream, transportation and storage, crude oil, NGL, and refined product transportation and terminalling assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
-
Rhea-AI Summary
Sunoco LP (NYSE: SUN) announced the acquisition of NuStar Energy L.P. (NYSE: NS) in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium. The transaction is expected to close in the second quarter of 2024 and has been unanimously approved by the board of directors of both companies. Sunoco has secured a $1.6 billion 364-day bridge term loan to refinance NuStar’s Series A, B and C Preferred Units, Subordinated Notes, Revolving Credit Facility, and Receivables Financing Agreement. The acquisition is expected to increase stability, strengthen the financial foundation, enhance growth, and have a positive financial outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
-
Rhea-AI Summary
Sunoco LP (SUN) has announced the acquisition of NuStar Energy L.P. (NS) in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. The deal will be finalized in the second quarter of 2024, pending approval from NuStar's unitholders and regulatory authorities. The acquisition aims to increase stability, strengthen the financial foundation, and enhance growth for Sunoco. It is expected to be immediately accretive with significant financial savings and synergies by the third year following the close.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
Rhea-AI Summary
Sunoco LP (SUN) to Release Q4 and Full Year 2023 Financial Results on February 14, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
Energy Transfer LP
NYSE:ET
ET Rankings
ET Stock Data
53.79B
3.03B
10.13%
34.16%
1.11%
Pipeline Transportation of Natural Gas
Transportation and Warehousing
United States of America
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