earnings
confidence high
sentiment positive
materiality 0.75
Energy Transfer Q3 net income $1.18B, Adj. EBITDA $3.96B (+12% YoY); records in crude volumes, NGL fractionation
Energy Transfer LP
- Net income $1.18B ($0.33/unit); Adjusted EBITDA $3.96B, up 12% from $3.54B YoY.
- Crude oil transportation volumes up 25%, exports up 49%; NGL fractionation up 12% — all new records.
- Completed WTG Midstream acquisition in July; formed JV with Sunoco for Permian crude/water gathering.
- Approved ninth Mont Belvieu fractionator (165,000 Bbls/d, service Q4 2026); completed Orla East expansion and Midland-to-Cushing crude pipeline.
- Cash distribution declared $0.3225/unit ($1.29 annualized); revolving credit facility has $3.34B available.