Energy Transfer Q3 net income $584M; Adjusted EBITDA $3.54B; raises FY guidance; Crestwood merger close Nov 3

Energy Transfer LP

Net income $584M ($0.15/unit); Adjusted EBITDA $3.54B vs $3.09B YoY.
Record NGL fractionation +9%, NGL transport +14%, NGL exports +20%+, crude volumes +23%.
FY 2023 Adjusted EBITDA guidance raised to $13.5-13.6B including Crestwood Nov-Dec.
Crestwood merger unitholder-approved; expected close Nov 3; 2.07 ET units per Crestwood unit.
Quarterly distribution $0.3125/unit ($1.25 annualized); S&P debt upgraded to BBB.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Energy Transfer LP updated its full-year 2023 guidance (reaffirmed).

Period: full-year 2023
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

Energy Transfer now expects its full-year 2023 Adjusted EBITDA to range between $13.5 billion and $13.6 billion

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Energy Transfer LP reported the third fiscal quarter ended September 30, 2023 results: net income $584 million, EPS $0.15 per unit. Guidance reaffirmed.

Period: the third fiscal quarter ended September 30, 2023
Net income: $584 million
EPS: $0.15 per unit
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Energy Transfer reported net income attributable to partners for the three months ended September 30, 2023 of $584 million. For the three months ended September 30, 2023, net income per common unit (basic) was $0.15 per unit.

View on SEC.gov

Browse all earnings releases →

Energy Transfer LP filing history →

Source: SEC EDGAR

accession 0001276187-23-000088

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.