---
schema_version: "secwatch.filing_event.v1"
accession: "0001276187-23-000056"
form_type: "8-K"
ticker: "ET"
cik: "0001276187"
company_name: "Energy Transfer LP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:59:26.106121+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Energy Transfer Q2 net income $911M, adjusted EBITDA $3.12B, tightens FY guidance, sets volume records

## Summary
- Net income $911M ($0.25/unit); adjusted EBITDA $3.12B (down from $3.23B YoY).
- Distributable cash flow $1.55B vs $1.88B YoY; growth capex $387M.
- Volume records: NGL fractionation +5%, NGL transport +13%, midstream gathered +8%, crude transport +23%.
- FY 2023 adjusted EBITDA guidance tightened to $13.1–$13.4B; quarterly distribution $0.31/unit unchanged.
- Completed Lotus Midstream acquisition in May; Lake Charles LNG HOAs for 3.6M tonnes/yr offtake.

## SEC filing metadata
- accession: 0001276187-23-000056
- form_type: 8-K
- ticker: ET
- cik: 0001276187
- company_name: Energy Transfer LP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000056/0001276187-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000056/et-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001276187-23-000056
- JSON: https://secwatch.observer/filing/0001276187-23-000056.json
- Plain text: https://secwatch.observer/filing/0001276187-23-000056.txt

## Key facts
- Earnings Releases
  Energy Transfer LP updated its full-year 2023 guidance (reaffirmed).
  - Period: full-year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Energy Transfer expects its full-year 2023 Adjusted EBITDA to range between $13.1 billion and $13.4 billion, which is slightly tighter than the previous range ($13.05 billion to $13.45 billion) while keeping the midpoint the same.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000056/0001276187-23-000056-index.htm
- Earnings Releases
  Energy Transfer LP reported the three months ended June 30, 2023 results: net income $911 million, EPS $0.25 per unit.
  - Period: the three months ended June 30, 2023
  - Net income: $911 million
  - EPS: $0.25 per unit
  - Result: reported results
  source text: Energy Transfer reported net income attributable to partners for the three months ended June 30, 2023 of $911 million. For the three months ended June 30, 2023, net income per common unit (basic) was $0.25 per unit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276187/000127618723000056/0001276187-23-000056-index.htm

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