Energy Transfer Announces Increase in Quarterly Cash Distribution | ET Stock News

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3 days ago
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  • Energy Transfer LP (ET, Financial) increases its quarterly cash distribution to $0.3275 per common unit, marking a more than 3% rise from Q1 2024.
  • The cash distribution will be paid on May 20, 2025, to unitholders of record as of May 9, 2025.
  • Energy Transfer will release Q1 2025 earnings on May 6, 2025, followed by a conference call later that day.

Energy Transfer LP (ET) has announced a significant increase in its quarterly cash distribution for the first quarter of 2025, elevating it to $0.3275 per common unit. This adjustment represents an over 3% increase compared to the first quarter of 2024, with the annualized cash distribution now reaching $1.31 per unit.

The upcoming cash distribution is scheduled for payment on May 20, 2025. Eligibility for this payment is determined by unitholders of record as of the close of business on May 9, 2025.

Energy Transfer, a leading entity in the oil and gas midstream sector, is slated to publish its first quarter earnings for 2025 on May 6, 2025, once the market concludes its trading activities. Furthermore, the company has organized a conference call on the same day at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to delve into these earnings and provide the latest company updates. The call will be accessible via live internet webcast on Energy Transfer's official site, with subsequent availability for replay.

Energy Transfer's strategic portfolio, comprised of extensive energy assets totaling over 130,000 miles of pipeline infrastructure across 44 states, underscores its vast influence in the energy sector. Additionally, Energy Transfer holds significant stakes in Sunoco LP (SUN) and USA Compression Partners, LP (USAC), enhancing its diversified energy operations.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.