Welcome to our dedicated page for Energy Transfer L P news (Ticker: ET), a resource for investors and traders seeking the latest updates and insights on Energy Transfer L P stock.
Energy Transfer LP (NYSE: ET) is a publicly traded limited partnership that owns and operates a large portfolio of U.S. energy infrastructure, including approximately 140,000 miles of pipeline and associated assets across 44 states. Its core operations span natural gas midstream, intrastate and interstate transportation and storage, and crude oil, natural gas liquids (NGL) and refined product transportation and terminalling, along with NGL fractionation.
The ET news feed highlights company announcements that matter to unitholders and market followers. These include earnings release dates and conference call details, outlook updates for capital investment and Adjusted EBITDA, and information on major growth projects such as expansions of natural gas pipeline capacity. News items also cover decisions about capital allocation, such as the suspension of specific development projects in favor of other pipeline opportunities.
Because Energy Transfer is active in the capital markets, news often features the pricing and completion of senior note and junior subordinated note offerings, along with stated uses of proceeds for refinancing existing indebtedness and funding general partnership purposes. Updates on quarterly cash distributions and related announcements from Form 8-K filings also appear in the news flow.
Energy Transfer’s ownership of general partner interests and common units in Sunoco LP and USA Compression Partners, LP means that some news may reference developments at these affiliated entities, particularly where Energy Transfer’s governance or economic interests are involved. Investors and analysts can use this page to follow regulatory disclosures, project updates and financial communication that the partnership releases through press statements and SEC-referenced materials.
Parkland Corporation (TSX: PKI) and Sunoco LP (NYSE: SUN) announced a significant milestone in their pending acquisition transaction. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired, marking a crucial regulatory approval for the deal.
The transaction is expected to close in Q4 2025, subject to additional regulatory approvals and customary closing conditions. This development represents a key step forward in Sunoco's acquisition of Parkland.
Sunoco LP (NYSE: SUN) and Parkland Corporation (TSX: PKI) announced a significant milestone in their pending acquisition deal. The companies have cleared the Hart-Scott-Rodino Antitrust waiting period, marking a crucial regulatory approval for the transaction.
The acquisition is now expected to close in Q4 2025, subject to additional regulatory approvals and customary closing conditions. This development represents a key step forward in Sunoco's strategic acquisition of Parkland.
Sunoco LP (NYSE: SUN) has announced the pricing of an upsized private offering of 1.5 million Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units at $1,000 per unit, raising gross proceeds of $1.5 billion. The offering, upsized from an initial 1 million units, features a 7.875% distribution rate through September 2030.
The proceeds will primarily fund the previously announced Parkland Corporation acquisition, alongside proceeds from separate note offerings totaling $1.9 billion. The Series A Preferred Units include a special mandatory redemption provision if the Parkland acquisition is not completed by May 5, 2026. Distributions will be paid semi-annually starting March 18, 2026, with a reset rate after September 2030 based on the Five-Year U.S. Treasury Rate plus 4.230%.
Sunoco LP (NYSE: SUN) has successfully priced an upsized private offering of senior notes, consisting of $1 billion of 5.625% senior notes due 2031 and $900 billion of 5.875% senior notes due 2034. The offering, initially planned for $850 million each, was increased due to demand.
The proceeds will primarily fund the pending Parkland Corporation acquisition, alongside the previously announced Preferred Equity Offering. Prior to the acquisition closing, funds will temporarily reduce revolving credit facility borrowings. The notes include a special mandatory redemption provision if the Parkland acquisition isn't completed by May 5, 2026.
Sunoco LP (NYSE: SUN) has announced a private offering of 1,000,000 Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units. This offering is part of the financing strategy for Sunoco's acquisition of Parkland Corporation.
The proceeds will be combined with two concurrent senior notes offerings totaling $1.7 billion ($850 million each for 2031 and 2034 notes) to fund the Parkland Acquisition. Prior to the acquisition's closing, the proceeds will temporarily reduce revolving credit facility borrowings.
The Series A Preferred Units include a special mandatory redemption provision at $1,000 per unit if the Parkland acquisition is not completed by May 5, 2026, or if the arrangement agreement is terminated.
Sunoco (NYSE: SUN) has announced a private offering of senior notes, consisting of $850 million in notes due 2031 and $850 million in notes due 2034. The proceeds will primarily fund the cash consideration for Sunoco's acquisition of Parkland Corporation and temporarily reduce revolving credit facility borrowings.
The notes include a special mandatory redemption provision if the Parkland Acquisition is not completed by May 5, 2026, or if the arrangement agreement is terminated. The offering is restricted to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
Energy Transfer (NYSE:ET) has announced the pricing of $2.0 billion in junior subordinated notes due 2056, split between two series. The Series 2025A notes total $1.2 billion with a 6.500% interest rate, while Series 2025B notes amount to $800 million with a 6.750% interest rate.
The offering is expected to settle on August 25, 2025. Energy Transfer plans to use the net proceeds of approximately $1.98 billion to repay borrowings under its revolving credit facility and for general partnership purposes. The company operates one of the largest energy asset portfolios in the US, with 140,000 miles of pipeline across 44 states.
Energy Transfer (NYSE:ET) reported Q2 2025 results with net income of $1.16 billion ($0.32 per unit), down from $1.31 billion in Q2 2024. Adjusted EBITDA increased to $3.87 billion from $3.76 billion year-over-year, while Distributable Cash Flow decreased to $1.96 billion from $2.04 billion.
The company achieved record-breaking operational performance with increases across multiple segments: 11% in interstate gas transportation, 10% in midstream gathered volumes, 9% in crude oil transportation, and multiple other volume records. Key strategic developments include a $5.3 billion Transwestern Pipeline expansion and additional LNG supply agreements with Chevron and Kyushu Electric.
Energy Transfer lowered its 2025 Adjusted EBITDA guidance to the lower end of $16.1-16.5 billion range, while maintaining growth capital expenditure expectations at $5 billion. The quarterly distribution increased by 3% year-over-year to $0.33 per unit ($1.32 annualized).
Energy Transfer (NYSE: ET) has announced a major pipeline expansion project called the Desert Southwest to enhance natural gas supply from the Permian Basin to Arizona and New Mexico markets. The project includes 516 miles of 42-inch pipeline and nine compressor stations with a design capacity of 1.5 billion cubic feet per day.
The $5.3 billion expansion, supported by long-term commitments from investment-grade customers, is expected to be operational by Q4 2029. The project will create up to 5,000 local workers and union labor construction jobs and prioritize U.S. steel pipe manufacturers. Energy Transfer plans to launch an open season later this quarter, with potential for additional capacity expansion based on demand.
Sunoco LP (NYSE: SUN) reported its Q2 2025 financial results, with net income of $86 million, down from $501 million in Q2 2024. The company achieved Adjusted EBITDA of $464 million and Distributable Cash Flow of $300 million.
Key operational highlights include fuel sales of 2.2 billion gallons with a margin of 10.5 cents per gallon. The company increased its quarterly distribution by 1.25% to $0.9088 per unit, maintaining its trajectory for a minimum 5% distribution growth in 2025. SUN reaffirmed its full-year 2025 Adjusted EBITDA guidance of $1.90-1.95 billion.
The company's pending merger with Parkland received 93% shareholder approval and is expected to close in Q4 2025. SUN maintained a strong liquidity position with $1.2 billion available on its credit facility and a leverage ratio of 4.2x.