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Energy Transfer LP (NYSE:ET) Reports Strong Q4 Earnings and Record EBITDA

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Source: Yahoo Finance
Energy Transfer LP (NYSE:ET) Reports Strong Q4 Earnings and Record EBITDA
Photo: Yahoo Finance
TL;DR

Energy Transfer LP (NYSE:ET) reported a Q4 2023 EPS of $0.37, beating expectations of $0.29, and announced a quarterly cash distribution increase of 3.3%. The company generated adjusted EBITDA of $13.7 billion for the full year 2023, up 5% from 2022, and expects 2024 adjusted EBITDA to be between $14.5 billion and $14.8 billion. Energy Transfer also provided updates on various growth projects, including expansions to NGL export capacity, new pipeline acquisitions, and the Lake Charles LNG project, while addressing ongoing legal matters related to pipeline crossings in Louisiana.

Topics:businessfinance#earnings-call#energy-transfer-lp#finance#financial-results#growth-projects#nyseet
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  1. Energy Transfer LP (NYSE:ET) Q4 2023 Earnings Call Transcript  Yahoo Finance
  2. Compared to Estimates, Energy Transfer LP (ET) Q4 Earnings: A Look at Key Metrics  Yahoo Finance
  3. Energy Transfer GAAP EPS of $0.37 beats by $0.03, revenue of $20.53B misses by $970M (NYSE:ET)  Seeking Alpha
  4. Earnings call: Energy Transfer posts record EBITDA, pursues expansion By Investing.com  Investing.com
  5. Energy Transfer LP: Q4 Earnings Snapshot  Quartz

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