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Energy Transfer ( (ET) ) just unveiled an announcement.
On January 27, 2025, Energy Transfer LP announced an increase in its quarterly cash distribution to $0.3250 per common unit for the fourth quarter ended December 31, 2024, marking a 3.2% increase compared to the previous year. This cash distribution is scheduled to be paid on February 19, 2025, to unitholders of record as of February 7, 2025. Additionally, Energy Transfer plans to release its fourth-quarter and full-year 2024 earnings on February 11, 2025, followed by a conference call to discuss the results and provide a 2025 outlook, signifying a positive step in their financial strategy and stakeholder engagement.
More about Energy Transfer
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. The company’s strategic network spans 44 states with assets in all major U.S. production basins. Its core operations include natural gas midstream, transportation, and storage assets; crude oil, natural gas liquids (NGL), and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also holds interests in Lake Charles LNG Company, Sunoco LP, and USA Compression Partners, LP.
YTD Price Performance: 6.80%
Average Trading Volume: 16,361,793
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $72.07B
For an in-depth examination of ET stock, go to TipRanks’ Stock Analysis page.
