secwatch.observer — SEC 8-K summary
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Issuer:     Energy Transfer LP (ET)
CIK:        0001276187
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001276187-26-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Transfer Q1 adj. EBITDA $4.94B (+20% YoY); raises FY2026 guidance to $18.2-$18.6B
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- Net income $1.25B ($0.35/unit) vs $1.32B a year ago; distributable CF $2.70B vs $2.31B.
- Q1 adjusted EBITDA $4.94B (+20% YoY); FY2026 guidance raised to $18.2-$18.6B from $17.45-$17.85B.
- Quarterly distribution increased 3% YoY to $0.3375/unit ($1.35 annualized).
- Growth capex $1.53B in Q1; FY2026 growth capex guided $5.5-$5.9B.
- Record NGL export (+19%), NGL fractionation (+11%), crude transportation (+8%) volumes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1276187/000127618726000021/0001276187-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1276187/000127618726000021/et-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001276187-26-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer