---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-003456"
form_type: "8-K"
ticker: "ET"
cik: "0001276187"
company_name: "Energy Transfer LP"
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:29:53.151477+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Energy Transfer guides 2026 Adj. EBITDA $17.3-17.7B; growth capex $5.0-5.5B

## Summary
- Growth capital expenditures of $5.0B-$5.5B in 2026, primarily on natural gas network projects.
- Consolidated Adjusted EBITDA expected between $17.3B and $17.7B (includes SUN and USAC).
- Targeting long-term annual distribution growth of 3%-5%; over 50% of cash flow returned to unitholders.
- Leverage target maintained at 4.0x-4.5x EBITDA; new projects like Nederland Flexport, Mustang Draw, Hugh Brinson Pipeline coming online.

## SEC filing metadata
- accession: 0001193125-26-003456
- form_type: 8-K
- ticker: ET
- cik: 0001276187
- company_name: Energy Transfer LP
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276187/000119312526003456/0001193125-26-003456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276187/000119312526003456/d76764d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-003456
- JSON: https://secwatch.observer/filing/0001193125-26-003456.json
- Plain text: https://secwatch.observer/filing/0001193125-26-003456.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.