Energy Transfer names two unit classes in NYSE removal notice

Energy Transfer LP submitted a Form 25 notification concerning removal from listing and/or registration on the New York Stock Exchange.

Rhea-AI Filing Summary

Energy Transfer LP submitted a Form 25 notification concerning removal from listing and/or registration on the New York Stock Exchange. The securities identified are its Common Units and 9.250% Series I Fixed Rate Perpetual Preferred Units.

Filing Explained

Energy Transfer invokes the issuer’s voluntary-withdrawal provision for its common and 9.250% Series I preferred units, identifying this as issuer-initiated NYSE delisting and registration removal; the Form 25 is a notification, not a statement that removal is complete.

Key Figures

Rate in preferred-unit class name: 9.250%

1 metrics

Rate in preferred-unit class name 9.250% Series I Fixed Rate Perpetual Preferred Units

Key Terms

Form 25, Section 12(b), Fixed Rate Perpetual Preferred Units

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

Section 12(b) regulatory

"under Section 12(b) of the Securities Exchange Act of 1934"

Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.

Fixed Rate Perpetual Preferred Units financial

"9.250% Series I Fixed Rate Perpetual Preferred Units"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Which ET securities are identified in the Form 25 notification?

Energy Transfer LP's Common Units and 9.250% Series I Fixed Rate Perpetual Preferred Units are identified in the notification concerning removal from listing and/or registration on the New York Stock Exchange.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/28/2026 - 04:49 PM Accepted by SEC EDGAR 09/28/2026 - 04:49 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

			Commission File Number			1-32740
ENERGY TRANSFER LP
New York Stock Exchange
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
8111 Westchester Drive, Suite 600
Dallas, Texas 75225
(214) 981-0700
(Address, including zip code, and telephone number, including area code, of Issuer’s principal executive offices)
Common Units
9.250% Series I Fixed Rate Perpetual Preferred Units
(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

☐			17 CFR 240.12d2-2(a)(1)
☐			17 CFR 240.12d2-2(a)(2)
☐			17 CFR 240.12d2-2(a)(3)
☐			17 CFR 240.12d2-2(a)(4)
☐			Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange.1
Q			Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, Energy Transfer LP certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

						ENERGY TRANSFER LP
						By:			LE GP, LLC, its general partner
Date:			September 28, 2026						/s/ Dylan A. Bramhall
									Dylan A. Bramhall
									Executive Vice President and Group Chief Financial Officer