Energy Transfer Equity ( (ET) ) has released its Q1 earnings. Here is a breakdown of the information Energy Transfer Equity presented to its investors.
Energy Transfer LP is a publicly traded limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States, focusing on natural gas, crude oil, and refined products transportation and terminalling, among other services.
In its first quarter of 2025, Energy Transfer reported a net income attributable to partners of $1.32 billion, an increase from $1.24 billion in the same period of 2024. The company also achieved an adjusted EBITDA of $4.10 billion, showcasing a growth from the previous year’s $3.88 billion.
Key financial highlights include a slight decrease in distributable cash flow to $2.31 billion from $2.36 billion, while growth capital expenditures reached $955 million. Operationally, the company saw increases in transportation volumes across various segments, including a 10% rise in crude oil transportation. Strategic developments included a joint development agreement for the Lake Charles LNG project and the approval of a new natural gas processing plant in the Midland Basin.
Looking forward, Energy Transfer maintains a positive outlook, expecting its 2025 adjusted EBITDA to be between $16.1 billion and $16.5 billion, with growth capital expenditures projected at approximately $5 billion. The company’s diverse asset portfolio and fee-based segment margins position it well for continued stability and growth in the energy sector.