earnings
confidence high
sentiment positive
materiality 0.80
Energy Transfer Q4 adj. EBITDA up 8% to $3.88B; guides 2025 EBITDA $16.1-$16.5B
Energy Transfer LP
- Q4 net income $1.08B, EPS $0.29; distributable cash flow $1.98B.
- Growth capex $1.22B in Q4; 2025 guidance implies ~$5B growth, $1.1B maintenance.
- Crude transportation volumes +15%, NGL transportation +5%, exports +2% YoY.
- Entered long-term natural gas agreement with CloudBurst for AI data center; 20-year LNG SPA with Chevron.
- Quarterly distribution raised 3.2% to $0.3250/unit ($1.30 annualized).