secwatch.observer — SEC 8-K summary
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Issuer:     Energy Transfer LP (ET)
CIK:        0001276187
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001276187-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Transfer Q1 net income $1.24B, adj. EBITDA $3.88B; raises FY2024 guidance to $15.0-15.3B
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- Net income per common unit $0.32; distributable cash flow $2.36B (+$348M YoY).
- Adjusted EBITDA $3.88B vs $3.43B YoY; crude oil transport volumes up 44% (record).
- Full-year 2024 Adjusted EBITDA guidance raised to $15.0-15.3B (from $14.5-14.8B); growth capex ~$2.9B.
- Quarterly distribution $0.3175/unit (+3.3% YoY); senior debt upgraded to BBB by Fitch.
- Completed Trunkline backhaul (400 MMcf/d) and approved two Permian NGL de-bottleneck projects (>90 MBbls/d).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276187/000127618724000035/0001276187-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276187/000127618724000035/et-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001276187-24-000035

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