On October 19 , 2018, Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP) closed on their previously announced merger, in which ETE acquired ETP. Upon closing of the merger, ETE changed its name to Energy Transfer LP,and applied to list its common units on the NYSE under the ticker symbol “ET.” Effective with the opening of market on October 19, 2018, ETP is no longer a publicly traded company and trading of its common units, previously listed on the NYSE under the ticker symbol “ETP,” ceased. Also effective with the opening of market on October 19, 2018, ETE common units began trading on the NYSE under the new symbol “ET.”
ET Partnership Profile
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET also owns Lake Charles LNG Company.
Net income attributable to partners of $617 million, reflecting an
increase over previous periods primarily due to the impact of the
Merger.
Record Adjusted EBITDA of $2.67 billion, up 29 percent from the fourth
quarter of 2017.
Record Distributable Cash Flow attributable to partners of $1.52
billion, up 29 percent from the fourth quarter of 2017.
Distribution coverage ratio of 1.90x, y...
Earnings Release and Earnings Call Dates Also Announced
DALLAS--(BUSINESS WIRE)--Jan. 29, 2019--
Energy Transfer LP (NYSE: ET), formerly Energy Transfer Equity,
L.P., today announced a quarterly cash distribution of $0.305 per ET
common unit ($1.22 on an annualized basis) for the fourth quarter ended
December 31, 2018. This cash distribution is the same as the
distribution for the third quarter of 2018 and will be paid on February
19, 2019 to ...
DALLAS--(BUSINESS WIRE)--Jan. 22, 2019--
Energy Transfer Operating, L.P. (formerly Energy Transfer
Partners, L.P.) today announced the quarterly cash distribution
of $0.4609375 per Series C Fixed-to-Floating Rate Cumulative Redeemable
Perpetual Preferred Unit (liquidation preference $25 per Series C
unit)(NYSE: ETPprC), and $0.4765625 per Series D Fixed-to-Floating Rate
Cumulative Redeemable Perpetual Preferred Unit (liquidation preference
$25 per...
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