secwatch.observer — SEC 8-K summary
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Issuer:     Energy Transfer LP (ET)
CIK:        0001276187
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001276187-22-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Transfer Q3 net income $1.01B, raises 2022 EBITDA outlook to $12.8-13.0B
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- Net income $1.01B ($0.29/unit), up $371M YoY; Adjusted EBITDA $3.09B vs $2.58B YoY.
- Distributable cash flow $1.58B; quarterly distribution raised 70%+ to $0.265/unit ($1.06 annualized).
- Crude segment had $126M legal charge; NGL segment ~$130M hedging adjustment; combined $260M hit to EBITDA.
- Full-year 2022 EBITDA guidance raised to $12.8-13.0B (prev. $12.6-12.8B); capex unchanged at $1.8-2.1B.
- Completed ~$485M Woodford Express acquisition; sold 51% Canada interest for ~$302M in August.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276187/000127618722000068/0001276187-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276187/000127618722000068/et-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001276187-22-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer