Energy Transfer LP

For the period ended Mar 31, 2026. Filed May 7, 2026.

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.

Mar 31, 2026 · Filed May 7, 2026

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

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

See the whole filing, with its images and exhibits

Contents

6. Net Income per Common Unit

NET INCOME PER COMMON UNIT

A reconciliation of income or loss and weighted average units used in computing basic and diluted income per common unit is as follows:

	Three Months EndedMarch 31,
	2026	2025
Net income	$1,976	$1,720
Less: Net income attributable to noncontrolling interests	715	384
Less: Net income attributable to redeemable noncontrolling interests	7	13
Net income, net of noncontrolling interests	1,254	1,323
Less: General Partner’s interest in net income	1	1
Less: Preferred Unitholders’ interest in net income	59	67
Common Unitholders’ interest in net income	$1,194	$1,255
Basic Income per Common Unit:
Weighted average common units	3,440.6	3,431.4
Basic income per common unit	$0.35	$0.37
Diluted Income per Common Unit:
Common Unitholders’ interest in net income	$1,194	$1,255
Dilutive effect of equity-based compensation of subsidiaries (1)	—	—
Diluted income attributable to Common Unitholders	$1,194	$1,255
Weighted average common units	3,440.6	3,431.4
Dilutive effect of unvested restricted unit awards (1)	16.8	21.5
Weighted average common units, assuming dilutive effect of unvested restricted unit awards	3,457.4	3,452.9
Diluted income per common unit	$0.35	$0.36

(1)Dilutive effects are excluded from the calculation for periods where the impact would have been antidilutive.

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.