Earnings ·
Reports Q3 net income of $1.21B, raises full-year Adjusted EBITDA guidance to $19.7B-$19.9B
ETEnergy Transfer LP
Energy Transfer LP reported third-quarter 2026 net income attributable to partners of $1.21 billion, up from $1.02 billion in the prior year period. Net income per common unit was $0.33, while Adjusted EBITDA rose 31% to $5.03 billion and distributable cash flow increased 33% to $2.52 billion. The partnership raised its full-year 2026 Adjusted EBITDA guidance range to $19.7 billion–$19.9 billion from the previous $18.8 billion–$19.1 billion estimate. Additionally, Energy Transfer announced a quarterly cash distribution of $0.3425 per common unit for Q3 2026, marking its twentieth consecutive annual increase. The company also disclosed the acquisition of Vaquero Midstream LLC for approximately $2.6 billion, expected to close in Q4 2026 subject to regulatory approval. Energy Transfer LP owns and operates one of the largest diversified portfolios of energy assets in the United States, including natural gas midstream, intrastate and interstate transportation, storage, crude oil, NGL, and refined product infrastructure.