Energy Transfer L P Stock Price, News & Analysis

Sunoco LP (NYSE: SUN) has announced a quarterly distribution increase of 1.25% to $0.8976 per common unit ($3.5904 annualized) for Q1 2025. This marks the second consecutive quarterly distribution increase, aligning with SUN's capital allocation strategy and 2025 business outlook targeting an annual distribution growth rate of at least 5%.

The distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025. Since 2022, SUN has demonstrated its commitment to unitholder returns by increasing distributions by approximately 9%.

Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI), payable on May 15, 2025, to unitholders of record as of May 2, 2025.

The company operates one of the largest energy asset portfolios in the United States, featuring over 130,000 miles of pipeline infrastructure across 44 states. ET's operations encompass natural gas midstream, interstate and intrastate transportation, storage assets, crude oil, NGL and refined product transportation, and terminalling assets.

Energy Transfer also maintains significant ownership positions in Sunoco LP (21% of common units) and USA Compression Partners (39% of common units), along with their general partner interests.

Energy Transfer (NYSE: ET) has announced a significant partnership with MidOcean Energy for the joint development of its Lake Charles LNG export facility. Under the Heads of Agreement (HOA), MidOcean will fund 30% of construction costs and receive 30% of LNG production (approximately 5.0 million tonnes per annum).

The agreement includes provisions for MidOcean to arrange gas supply for its share of LNG production and commit to long-term gas transportation on Energy Transfer pipelines. The project will utilize existing infrastructure, including four LNG storage tanks, two deep water berths, and connection to Energy Transfer's Trunkline pipeline system, providing access to multiple natural gas producing basins.

The partnership's execution remains subject to both parties taking a positive final investment decision (FID) and meeting other conditions precedent. The Lake Charles LNG facility will be constructed on an existing brownfield regasification facility site, leveraging connections to major production basins including Haynesville, Permian, and Marcellus Shale.

Sunoco LP (NYSE: SUN) has scheduled its first quarter 2025 financial and operating results announcement for Tuesday, May 6, 2025, before market opening. The company will host a conference call on the same day at 9:00 a.m. Central Daylight Time (10:00 a.m. Eastern Daylight Time) to discuss the results.

Investors can participate via phone by dialing 877-407-6184 (toll-free) or 201-389-0877, with replay available until May 13, 2025. Alternatively, they can join through the webcast on SUN's Investor Relations website at sunocolp.com. Both options require registration at least 10 minutes before the call.

Energy Transfer (NYSE: ET) has announced it will release its first quarter 2025 earnings on Tuesday, May 6, 2025, after market close. The company will host a conference call the same day at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss results and provide updates.

Energy Transfer operates one of the largest energy asset portfolios in the United States, featuring over 130,000 miles of pipeline infrastructure across 44 states. The company's network includes natural gas midstream operations, interstate and intrastate transportation, storage assets, crude oil and NGL infrastructure, and fractionation facilities. ET also owns Lake Charles LNG Company and holds significant stakes in Sunoco LP (21%) and USA Compression Partners (39%).

Sunoco LP (NYSE: SUN) has successfully priced an upsized private offering of senior notes at 100%. The offering consists of $1 billion in 6.250% senior notes due 2033, increased from the initial offering size of $750 million.

The sale is expected to settle on March 31, 2025, subject to customary closing conditions. The proceeds will be used to repay existing debt, including the full redemption of NuStar Logistics' 5.750% senior notes due 2025 and partial repayment of Sunoco's revolving credit facility.

The notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act, as the offering has not been registered under the Securities Act of 1933.

Sunoco LP (NYSE: SUN) has announced a private offering of $750 million in senior notes due 2033. The Partnership plans to utilize the net proceeds to address existing debt obligations, specifically by:

• Redeeming NuStar Logistics' 5.750% senior notes due 2025 in full
• Repaying a portion of outstanding borrowings under Sunoco's revolving credit facility

The notes offering will be restricted to qualified institutional buyers under Rule 144A and non-U.S. persons through Regulation S of the Securities Act. The offering has not been registered under the Securities Act of 1933 or state securities laws, limiting its availability to exempt transactions.

Energy Transfer LP (NYSE: ET) has announced the filing of its annual report on Form 10-K for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC). The company makes these reports accessible on its website www.energytransfer.com, including Form 10-K annual reports, Form 10-Q quarterly reports, Form 8-K current reports, and other SEC-filed information.

Additionally, Energy Transfer offers to provide unitholders with free printed copies of the annual report on Form 10-K, which includes audited financial statements, upon written request to their Investor Relations department in Dallas.

Energy Transfer LP (NYSE: ET) has announced the pricing of $3.0 billion in senior notes, consisting of: $650 million of 5.200% notes due 2030, $1.250 billion of 5.700% notes due 2035, and $1.100 billion of 6.200% notes due 2055. The notes are priced at 99.796%, 99.872%, and 99.398% of face value, respectively.

The sale is expected to settle on March 4, 2025, generating net proceeds of approximately $2.97 billion. The company plans to use the proceeds to refinance existing debt, including repaying commercial paper and revolving credit facility borrowings. The offering is being managed by BofA Securities, Citigroup, Deutsche Bank Securities, Mizuho, and SMBC Nikko.

Energy Transfer operates one of America's largest energy asset portfolios, with over 130,000 miles of pipeline across 44 states. The company maintains significant ownership in Sunoco LP (21%) and USA Compression Partners, LP (39%).