Energy Transfer Announces Quarterly Cash Distribution and Earnings Release and Earnings Call Dates
October 26 2020 - 5:30PM
Business Wire
Energy Transfer LP (NYSE: ET) today announced a quarterly
cash distribution of $0.1525 per ET common unit ($0.61 on an
annualized basis) for the third quarter ended September 30, 2020.
The announced quarterly distribution will be paid on November 19,
2020 to unitholders of record as of the close of business on
November 6, 2020.
Third Quarter Earnings Release and Conference Call
In addition, Energy Transfer plans to release earnings for the
third quarter of 2020 on Wednesday, November 4, 2020, after the
market closes. The company will conduct a conference call on
Wednesday, November 4, 2020 at 4:00 p.m. Central Time/5:00 p.m.
Eastern Time to discuss quarterly results and provide a company
update. 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 (NYSE: ET) owns and operates one of
the largest and most diversified portfolios of energy assets in the
United States, 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., 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
(NYSE: SUN), and the general partner interests and 46.1 million
common units of USA Compression Partners, LP (NYSE: USAC). For more
information, visit the Energy Transfer website at
energytransfer.com.
Forward Looking Statements
This press release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal law. Such forward-looking statements are subject
to a variety of known and unknown risks, uncertainties, and other
factors that are difficult to predict and many of which are beyond
management’s control. An extensive list of factors that can affect
future results are discussed in the Partnership’s Annual Report on
Form 10-K and other documents filed from time to time with the
Securities and Exchange Commission. In addition to the risks and
uncertainties previously disclosed, the Partnership has also been,
or may in the future be, impacted by new or heightened risks
related to the COVID-19 pandemic and the recent decline in
commodity prices, and we cannot predict the length and ultimate
impact of those risks. The Partnership undertakes no obligation to
update or revise any forward-looking statement to reflect new
information or events.
This release serves as qualified notice to nominees as provided
for under Treasury Regulation section 1.1446-4(b)(4) and (d).
Please note that 100 percent of Energy Transfer LP’s distributions
to foreign investors are attributable to income that is effectively
connected with a United States trade or business. Accordingly, all
of Energy Transfer LP’s distributions to foreign investors are
subject to federal tax withholding at the highest applicable
effective tax rate. Nominees, and not Energy Transfer LP, are
treated as withholding agents responsible for withholding
distributions received by them on behalf of foreign investors.
The information contained in this press release is available on
our website at energytransfer.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201026005881/en/
Investor Relations: Bill Baerg Brent Ratliff Lyndsay Hannah
214-981-0795
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