Form 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 27, 2010
ENERGY TRANSFER EQUITY, L.P.
(Exact name of registrant as specified in its charter)
         
Delaware   001-32740   30-0108820
         
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)
     
3738 Oak Lawn Avenue
Dallas,
   
TX 75219
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (214) 981-0700
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 

Item 7.01. Regulation FD Disclosure.
On April 27, 2010, Energy Transfer Equity, L.P. (the “Partnership”) issued a press release announcing its Board of Directors approved a cash distribution for the quarter ended March 31, 2010.
A copy of the press release is set forth in Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Item 8.01. Other Events.
On April 27, 2010, the Partnership announced that its Board of Directors has approved a quarterly distribution of $0.54 per unit ($2.16 annualized) on common units for the quarter ended March 31, 2010. The distribution will be paid on May 19, 2010 to unitholders of record as of the close of business on May 7, 2010.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act.
     
Exhibit
Number
  Description of the Exhibit
 
Exhibit 99.1
  Energy Transfer Equity, L.P. Press Release dated April 27, 2010.

 

 


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  Energy Transfer Equity, L.P.

By:   LE GP, LLC,
         its general partner
 
 
Date: April 29, 2010  /s/ John W. McReynolds    
  John W. McReynolds   
  President and Chief Financial Officer   

 

 


 

Exhibit Index
     
Exhibit
Number
  Description of the Exhibit
 
Exhibit 99.1
  Energy Transfer Equity, L.P. Press Release dated April 27, 2010.

 

 

Exhibit 99.1
Exhibit 99.1
(ENERGY TRANSFER LOGO)
ENERGY TRANSFER ANNOUNCES CASH DISTRIBUTION
FOR FIRST QUARTER OF 2010
DALLAS — April 27, 2010 — Energy Transfer Partners, L.P. (NYSE:ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced that the Board of Directors of each Partnership has approved quarterly distributions for the quarter ended March 31, 2010.
ETP’s Board of Directors has approved a quarterly distribution of $0.89375 per unit ($3.575 annualized) on ETP common units for the quarter ended March 31, 2010. The cash distribution for the quarter ended March 31, 2010 will be paid on May 17, 2010 to unitholders of record as of the close of business on May 7, 2010. The distribution rate is unchanged from the distribution paid for the quarter ended December 31, 2009.
ETE’s Board of Directors has approved a quarterly distribution of $0.54 per unit ($2.16 annualized) on ETE’s outstanding common units for the quarter ended March 31, 2010. The distribution will be paid on May 19, 2010 to unitholders of record as of the close of business on May 7, 2010. The distribution rate is unchanged from the distribution paid for the quarter ended December 31, 2009.
Both partnerships expect to release earnings for the quarter ended March 31, 2010 before the market opens on May 6, 2010. ETP and ETE will conduct a joint conference call that afternoon at 2:00 p.m. Central Time to discuss their quarterly results. The conference call will be broadcast live via an internet web cast, which can be accessed through www.energytransfer.com. The call will also be available for replay on Energy Transfer’s web site for a limited time.
Company: Energy Transfer Partners, L.P. (NYSE:ETP)
Record Date:
May 7, 2010
Ex Date: May 5, 2010
Payment Date: May 17, 2010
Amount Paid: $0.89375 per Common Unit
Company: Energy Transfer Equity, L.P. (NYSE:ETE)
Record Date:
May 7, 2010
Ex Date: May 5, 2010
Payment Date: May 19, 2010
Amount Paid: $0.54 per Common Unit

 

 


 

Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP has pipeline operations in Arizona, Colorado, Louisiana, New Mexico, and Utah, and owns the largest intrastate pipeline system in Texas. ETP’s natural gas operations include gathering and transportation pipelines, treating and processing assets, and three storage facilities located in Texas. ETP currently has more than 17,500 miles of pipeline in service and has a 50% interest in joint ventures that have approximately 500 miles of interstate pipeline in service. ETP is also one of the three largest retail marketers of propane in the United States, serving more than one million customers across the country.
Energy Transfer Equity, L.P. (NYSE:ETE) is a publicly traded partnership, which owns the general partner of Energy Transfer Partners, L.P. and approximately 62.5 million ETP limited partner units.
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnerships’ Annual Reports on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnerships undertake no obligation to update or revise any forward-looking statement to reflect new information or events.
The information contained in this press release is available on our website at www.energytransfer.com.
Contacts
Investor Relations:
Brent Ratliff
Energy Transfer
214-981-0700 (office)
Media Relations:
Vicki Granado
Granado Communications Group
214-504-2260 (office)
214-498-9272 (cell)
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