Energy Transfer L P Stock Price, News & Analysis

Sunoco LP (NYSE: SUN) has scheduled its fourth quarter and full year 2024 financial and operating results release for Tuesday, February 11, 2025, before market opening. The company will host a conference call on the same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss the results.

Investors can participate via phone by dialing 877-407-6184 (toll-free) or 201-389-0877, or through a webcast available on SUN's Investor Relations website. A replay will be accessible until February 18, 2025, through phone (877-660-6853 toll-free or 201-612-7415) using conference ID 13751000, and will also be available on the company's website.

Energy Transfer LP (NYSE: ET) has announced a significant 20-year LNG Sale and Purchase Agreement with Chevron U.S.A. for its Lake Charles LNG project. Under the agreement, Energy Transfer LNG will supply 2.0 million tonnes of LNG per annum to Chevron on a free-on-board basis.

The purchase price includes a fixed liquefaction charge and a gas supply component indexed to the Henry Hub benchmark. The Lake Charles LNG export facility will be built on an existing brownfield regasification site, utilizing four LNG storage tanks, two deep water berths, and existing infrastructure. The facility will connect to Energy Transfer's Trunkline pipeline system, providing access to multiple natural gas producing basins including Haynesville, Permian, and Marcellus Shale.

Sunoco LP (NYSE: SUN) has released its operational and financial guidance for 2025. The company has made presentation materials available on their website at www.sunocolp.com in the Investor Relations section. Additionally, SUN will participate in meetings with investors at the 2024 Mizuho Power, Energy & Infrastructure Conference on December 10, 2024.

SUN operates as an energy infrastructure and fuel distribution master partnership across 40+ U.S. states, Puerto Rico, Europe, and Mexico. The company's infrastructure includes 14,000 miles of pipeline and over 100 terminals, serving approximately 7,400 Sunoco and partner branded locations plus independent dealers and commercial customers.

Energy Transfer LP (NYSE: ET) has announced a final investment decision to construct the Hugh Brinson Pipeline, a major natural gas pipeline project connecting the Permian Basin to multiple markets. The project will be developed in two phases:

Phase I includes construction of a 400-mile, 42-inch pipeline with 1.5 Bcf/d capacity from Waha to Maypearl, Texas, plus a 42-mile Midland Lateral. Phase II would increase capacity to 2.2 Bcf/d through additional compression. The combined cost is estimated at $2.7 billion, supported by long-term, fee-based commitments from investment-grade counterparties.

The pipeline will connect to Energy Transfer's existing infrastructure and provide access to major Texas markets and trading hubs. Phase I completion is expected by end of 2026.

Energy Transfer (NYSE:ET) reported strong Q3 2024 results with net income of $1.18 billion ($0.33 per unit) and Adjusted EBITDA of $3.96 billion, up from $3.54 billion in Q3 2023. The company achieved record volumes across multiple segments: crude oil transportation (+25%), crude oil exports (+49%), midstream gathered volumes (+6%), and NGL fractionation (+12%). Growth capital expenditures were $724 million, while maintenance capital expenditures were $359 million. The company completed strategic acquisitions including WTG Midstream and announced a $0.3225 per unit quarterly distribution.

Sunoco LP (NYSE: SUN) reported third quarter 2024 financial results with net income dropping to $2 million from $272 million in Q3 2023. However, Adjusted EBITDA increased to $456 million from $257 million year-over-year, including $14 million in one-time transaction expenses. The Fuel Distribution segment sold 2.1 billion gallons with a margin of 12.8 cents per gallon. The Pipeline Systems segment averaged 1.2 million barrels per day throughput, while Terminals segment averaged 690,000 barrels per day. SUN declared a quarterly distribution of $0.8756 per unit and maintained a leverage ratio of 4.0x with $1.4 billion in available liquidity.

Sunoco LP (NYSE: SUN) has announced its quarterly distribution for Q3 2024, maintaining the payment at $0.8756 per common unit, which equals $3.5024 per common unit annually. The distribution will be paid on November 19, 2024 to common unitholders of record as of November 8, 2024.

Energy Transfer LP (NYSE: ET) has announced a quarterly cash distribution increase to $0.3225 per common unit ($1.29 annualized) for Q3 2024, representing a 3.2% increase compared to Q3 2023. The distribution will be paid on November 19, 2024, to unitholders of record as of November 8, 2024. The company will release Q3 2024 earnings on November 6, 2024, after market close, followed by a conference call at 3:30 p.m. Central Time. Energy Transfer operates one of the largest energy asset portfolios in the US, with over 130,000 miles of pipeline across 44 states.

Energy Transfer LP (ET) has declared a quarterly cash distribution of $0.2111 per Series I Preferred Unit. The distribution will be paid on November 14, 2024, to Series I unitholders of record as of November 4, 2024. The company operates one of America's largest energy asset portfolios, including 130,000 miles of pipeline across 44 states. ET owns significant stakes in Sunoco LP (21%) and USA Compression Partners (39%), along with extensive infrastructure for natural gas, crude oil, and NGL operations.