Record Adjusted EBITDA
Energy Transfer reported an adjusted EBITDA of $3.9 billion for Q2 2025, compared to $3.8 billion in Q2 2024, indicating a positive growth trend.
Desert Southwest Pipeline Project
Announcement of a new 516-mile, 42-inch pipeline project costing approximately $5.3 billion, expected to enhance system reliability by transporting 1.5 Bcf/day from the Permian Basin to Phoenix, Arizona.
Permian Basin Processing Expansion
Successful commissioning of the Lenorah II and Badger processing plants, with processing volumes reaching a new record of nearly 5 Bcf/day.
Lake Charles LNG Project Progress
Substantial progress with Lake Charles LNG, including HOAs with MidOcean Energy and long-term SPAs with Kyushu Electric Power Company and Chevron USA.
Hyperscaler Agreement for Data Centers
Energy Transfer signed a significant agreement with a hyperscaler, increasing the gas supply from 80,000 to 380,000 a day, with potential for further growth.