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): June 20, 2007
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.) |
2828 Woodside Street
Dallas, Texas 75204
(Address of principal executive offices, including zip code)
214-981-0700
(Registrant’s telephone number, including area code)
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:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On June 20, 2007, Energy Transfer Equity, L.P. issued a press release announcing an increase in its quarterly distribution to unitholders. A copy of this press release is being furnished as an exhibit to this report and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits. The following exhibits are being furnished herewith: |
| Exhibit No. | Description | |
| 99.1 | Press Release of Energy Transfer Equity, L.P., dated June 20, 2007, announcing an increase in its quarterly distribution to unitholders. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ENERGY TRANSFER EQUITY, L.P. | ||
| By: | LE GP, LLC, its general partner | |
| By: | /s/ John W. McReynolds | |
| John W. McReynolds, President and Chief Financial Officer | ||
Dated: June 21, 2007
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release of Energy Transfer Equity, L.P., dated June 20, 2007, announcing an increase in its quarterly distribution to unitholders. | |
Exhibit 99.1
FOR IMMEDIATE RELEASE
ENERGY TRANSFER DECLARES
INCREASE IN UNITHOLDER DISTRIBUTIONS
DALLAS – June 20, 2007 - Energy Transfer Partners, L.P. (NYSE: ETP) and Energy Transfer Equity, L.P. (NYSE:ETE) today announced their respective quarterly distribution increases. ETP has approved its new quarterly distribution of $0.80625 per unit ($3.225 annualized) on ETP’s outstanding limited partner interests for the quarter ended May 31, 2007. The new quarterly distribution of $0.80625 per limited partner unit will be paid on July 16, 2007 to Unitholders of record as of the close of business on July 2, 2007.
ETE has also approved its new quarterly distribution of $0.3725 per unit ($1.49 annualized) on ETE’s outstanding limited partner interests for the quarter ended May 31, 2007. The new quarterly distribution of $0.3725 per limited partner unit will be paid on July 19, 2007 to Unitholders of record as of the close of business on July 2, 2007.
“We are pleased to announce another increase in our quarterly distributions to our unitholders’” said Brian Jennings, Chief Financial Officer of Energy Transfer Partners. “As we continue to grow our assets, we are focused on maintaining our balance sheet strength as well as continuing to increase ETP and ETE unitholder value.”
Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP’s natural gas operations include intrastate natural gas gathering and transportation pipelines, natural gas treating and processing assets located in Texas and Louisiana, and three natural gas storage facilities located in Texas. These assets include approximately 12,200 miles of intrastate pipeline in service, with an additional 400 miles of intrastate pipeline under construction, and 2,400 miles of interstate pipeline. ETP is also one of the three largest retail marketers of propane in the U.S., serving more than one million customers across the country.
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Energy Transfer/Page 2
Energy Transfer Equity, L.P. (NYSE:ETE) owns the general partner of Energy Transfer Partners and approximately 62.5 million ETP limited partner units. Together ETP and ETE have a combined enterprise value of approximately $20 billion.
The information contained in this press release is available on our website at www.energytransfer.com.
Company: Energy Transfer Partners, L.P. (NYSE:ETP)
Record Date: July 2, 2007
Ex Date: June 28, 2007
Payment Date: July 16, 2007
Amount Paid: $0.80625 per Limited Partner Unit
Company: Energy Transfer Equity, L.P. (NYSE:ETE)
Record Date: July 2, 2007
Ex Date: June 28, 2007
Payment Date: July 19, 2007
Amount Paid: $0.3725 per Limited Partner Unit
Contacts:
Investor Relations:
Renee Lorenz
Energy Transfer
214-981-0700 (office)
Media Relations:
Vicki Granado
Gittins & Granado
214.504.2260 (office)
214.498.9272 (cell)
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