---
schema_version: "secwatch.filing_event.v1"
accession: "0001276187-23-000008"
form_type: "8-K"
ticker: "ET"
cik: "0001276187"
company_name: "Energy Transfer LP"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T10:43:57.827678+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Energy Transfer Q4 net income $1.16B, adj. EBITDA $3.44B; 2023 EBITDA guidance $12.9-13.3B

## Summary
- Net income attributable to partners $1.16B ($0.34/unit), up $234M YoY.
- Adjusted EBITDA $3.44B vs $2.81B YoY; distributable cash flow $1.91B vs $1.60B.
- 2023 outlook: Adjusted EBITDA $12.9B-$13.3B, growth capex $1.6B-$1.8B.
- Quarterly distribution raised to $0.305/unit ($1.22 annualized); long-term debt reduced ~$800M in FY2022.
- NGL fractionation and transportation volumes set new records; Gulf Run pipeline placed in service Dec 2022.

## SEC filing metadata
- accession: 0001276187-23-000008
- form_type: 8-K
- ticker: ET
- cik: 0001276187
- company_name: Energy Transfer LP
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000008/0001276187-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000008/et-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001276187-23-000008
- JSON: https://secwatch.observer/filing/0001276187-23-000008.json
- Plain text: https://secwatch.observer/filing/0001276187-23-000008.txt

## Key facts
- Earnings Releases
  Energy Transfer LP updated its 2023 outlook guidance (initiated).
  - Period: 2023 outlook
  - Guidance: initiated
  - Result: guidance update
  source text: Energy Transfer expects its 2023 Adjusted EBITDA to range between $12.9 billion and $13.3 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000008/0001276187-23-000008-index.htm
- Earnings Releases
  Energy Transfer LP reported financial results for the fiscal year ended December 31, 2022.
  - Period: the fiscal year ended December 31, 2022
  - Result: reported results
  source text: On February 15, 2023, Energy Transfer LP (the "Partnership") issued a press release announcing its financial and operating results for the fiscal year and fourth fiscal quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000008/0001276187-23-000008-index.htm
- Earnings Releases
  Energy Transfer LP reported the three months ended December 31, 2022 results: net income $1.16 billion, EPS $0.34 per unit.
  - Period: the three months ended December 31, 2022
  - Net income: $1.16 billion
  - EPS: $0.34 per unit
  - Result: reported results
  source text: Energy Transfer reported net income attributable to partners for the three months ended December 31, 2022 of $1.16 billion, an increase of $234 million compared to the same period last year. For the three months ended December 31, 2022, net income per common unit (basic) was $0.34 per unit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000008/0001276187-23-000008-index.htm

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