{"schema_version":"secwatch.filing_event.v1","accession":"0001276187-25-000048","form_type":"8-K","ticker":"ET","cik":"0001276187","company_name":"Energy Transfer LP","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.818220+00:00","generated_at":"2026-05-22T11:06:03.492149+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Energy Transfer Q1 net income $1.32B, adj EBITDA $4.1B; distribution raised >3%","bullets":["Net income $1.32B ($0.37/unit) vs $1.24B a year ago; adjusted EBITDA $4.1B vs $3.88B.","Distributable cash flow $2.31B; growth capex $955M, maintenance $165M; guidance reaffirmed: FY adj EBITDA $16.1-16.5B, capex ~$5B.","Quarterly distribution raised >3% to $0.3275/unit ($1.31 annualized).","Interstate natgas volumes record, crude oil vol +10%, NGL vol +4%, NGL exports +5%.","Strategic: HOA with MidOcean for Lake Charles LNG (30% funding for 30% LNG); approved Mustang Draw plant (275 MMcf/d, in-service Q2 2026)."],"urls":{"canonical":"https://secwatch.observer/filing/0001276187-25-000048","json":"https://secwatch.observer/filing/0001276187-25-000048.json","markdown":"https://secwatch.observer/filing/0001276187-25-000048.md","text":"https://secwatch.observer/filing/0001276187-25-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1276187/000127618725000048/0001276187-25-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1276187/000127618725000048/et-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T11:06:03.492149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}