home · filing · 0001193125-21-347992
8-K filed December 3, 2021, 6:59 PM ET
ticker ET
CIK 0001276187
M&A
confidence high
sentiment positive
materiality 0.90
Energy Transfer completes Enable Midstream acquisition; COO to retire in April
Energy Transfer LP
Enable common unitholders received 0.8595 ET common units per unit; Enable Series A preferred exchanged for 0.0265 ET Series G preferred.
Combined pipeline network exceeds 114,000 miles and expected annual cost synergies >$100 million.
COO Matthew S. Ramsey to retire effective April 1, 2022, but will remain on ET’s Board of Directors.
Transaction includes $10 million cash payment for Enable's general partner; immediately accretive and aids deleveraging.
Enable’s common units ceased trading on NYSE as of Dec. 3, 2021.
Executive movements
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Departed
Matthew S. Ramsey
Chief Operating Officer
Effective 2022-04-01
Filed December 3, 2021, 6:59 PM ET
On December 3, 2021, Matthew S. Ramsey notified ET of his intention to retire from his position as Chief Operating Officer, effective April 1, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Matthew S. Ramsey departed as Chief Operating Officer at Energy Transfer LP.
Action retire
Role Chief Operating Officer
Exact text from the filing
On December 3, 2021, Matthew S. Ramsey notified ET of his intention to retire from his position as Chief Operating Officer, effective April 1, 2022.
View on SEC.gov
Source: SEC EDGAR
accession 0001193125-21-347992
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See methodology for how this pipeline works.