- Energy Transfer announced a quarterly cash distribution increase to $0.3425 per common unit ($1.37 annualized) for Q3 2026, payable Nov. 19, 2026 to holders of record Nov. 6, 2026.
- Energy Transfer plans to release Q3 2026 earnings on Tuesday, Nov. 3, 2026, before the market opens, with a call at 8:00 a.m. Central Time.
- Q2 adjusted EBITDA rose 31% to nearly $5.1 billion and distributable cash flow rose 32% to $2.6 billion.
- Energy Transfer raised full-year adjusted EBITDA guidance to $18.8 billion to $19.1 billion, up $500 million at the midpoint, its second guidance boost this year.
- Growth capital spending is planned at $5.6 billion to $5.9 billion this year, up from an initial $5 billion to $5.5 billion range.
- Energy Transfer is acquiring Vaquero Midstream for $2.6 billion and building the Hugh Brinson Pipeline for $2.7 billion.
- The unit price rose nearly 27% this year, and the stock yields about 6.4% based on the listed dividend yield.
Quotes
“announced an increase in its quarterly cash distribution to $0.3425 per Energy Transfer common unit ($1.37 on an annualized basis)”
“Those are strong results for a mainly fee-based energy master limited partnership (MLP).”