Energy Transfer announces quarterly cash distribution
Published by Lydia Woellwarth,
Editor
World Pipelines,
Energy Transfer LP (ET), formerly Energy Transfer Equity, L.P., has announced a quarterly cash distribution of US$0.305 per ET common unit (US$1.22 on an annualised basis) for the fourth quarter ended 31 December 2018. This cash distribution is the same as the distribution for the 3Q18 and will be paid on 19 February 2019 to unitholders of record as of the close of business on 8 February 2019.
ET plans to release earnings for the 4Q18 on Wednesday 20 February 2019, after the market closes. ET will conduct a conference call on Thursday 21 February 2019 at 8.00 am Central Time to discuss quarterly results. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com. The call will also be available for replay on Energy Transfer’s website for a limited time.
Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the US, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET, through its ownership of Energy Transfer Operating, L.P., formerly known as Energy Transfer Partners, L.P., also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP, and the general partner interests and 39.7 million common units of USA Compression Partners, LP.
Read the article online at: https://www.worldpipelines.com/business-news/30012019/energy-transfer-announces-quarterly-cash-distribution/
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