Energy Transfer LP

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

ET$19.09+0.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(Dollars in millions, except per unit data)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2024	2023	2024	2023
REVENUES:
Refined product sales	$5,987	$5,834	$11,500	$11,288
Crude sales	6,552	5,233	13,396	10,711
NGL sales	4,378	3,489	9,629	7,649
Gathering, transportation and other fees	3,025	2,811	5,926	5,588
Natural gas sales	460	685	1,315	1,584
Other	327	268	592	495
Total revenues	20,729	18,320	42,358	37,315
COSTS AND EXPENSES:
Cost of products sold	15,609	14,092	32,206	28,702
Operating expenses	1,227	1,094	2,365	2,119
Depreciation, depletion and amortization	1,213	1,061	2,467	2,120
Selling, general and administrative	332	228	592	466
Impairment losses	50	10	50	11
Total costs and expenses	18,431	16,485	37,680	33,418
OPERATING INCOME	2,298	1,835	4,678	3,897
OTHER INCOME (EXPENSE):
Interest expense, net of interest capitalized	(762)	(641)	(1,490)	(1,260)
Equity in earnings of unconsolidated affiliates	85	95	183	183
Loss on extinguishment of debt	(6)	—	(11)	—
Gain on interest rate derivatives	3	35	12	15
Gain on sale of Sunoco LP West Texas assets	598	—	598	—
Other, net	3	17	30	24
INCOME BEFORE INCOME TAX EXPENSE	2,219	1,341	4,000	2,859
Income tax expense	227	108	316	179
NET INCOME	1,992	1,233	3,684	2,680
Less: Net income attributable to noncontrolling interests	663	308	1,099	629
Less: Net income attributable to redeemable noncontrolling interests	15	14	31	27
NET INCOME ATTRIBUTABLE TO PARTNERS	1,314	911	2,554	2,024
General Partner’s interest in net income	1	1	2	2
Preferred Unitholders’ interest in net income	98	113	227	222
Loss on redemption of preferred units	33	—	54	—
Common Unitholders’ interest in net income	$1,182	$797	$2,271	$1,800
NET INCOME PER COMMON UNIT:
Basic	$0.35	$0.25	$0.67	$0.58
Diluted	$0.35	$0.25	$0.67	$0.57

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.