Energy Transfer Reports Strong Q4 and Optimistic Outlook for 2025

On Tuesday, Energy Transfer LP reported strong financial results for Q4 2024 and provided an optimistic outlook for 2025. The company's net income attributable to partners for Q4 2024 was $1.08 billion, with a net income per common unit of $0.29. Adjusted EBITDA for the quarter increased by 8% year-over-year to $3.88 billion, while Distributable Cash Flow reached $1.98 billion. 

The company's operational performance showed growth across various segments:

• Crude oil transportation volumes increased by 15%
• NGL transportation volumes rose by 5%
• NGL exports grew by over 2%
• Midstream gathered volumes and interstate natural gas transportation volumes both increased by 2%

Energy Transfer completed several strategic projects, including:

• The initial phase of the Sabina 2 pipeline conversion, increasing capacity from 25,000 to 40,000 barrels per day
• Optimization of the Grey Wolf processing plant, boosting capacity from 200 to 250 MMcf/d
• Commissioning of the first of eight 10-megawatt natural gas-fired electric generation facilities in Texas

For 2025, Energy Transfer projects Adjusted EBITDA between $16.1 billion and $16.5 billion, with planned growth capital expenditures of approximately $5.0 billion and maintenance capital expenditures of about $1.1 billion.

The company also announced strategic partnerships and projects, including a long-term agreement with Cloudburst Data Centers, a 20-year LNG Sale and Purchase Agreement with Chevron, and plans for constructing the Hugh Brinson Pipeline and the Mustang Draw processing plant.

To read the full earnings report, click here: https://ir.energytransfer.com/news-releases/news-release-details/energy-transfer-reports-fourth-quarter-2024-results-and