A quarterly cash distribution of $0.565 per unit was announced this week by Energy Transfer Partners, L.P. based in Dallas. The distribution is for the fourth quarter that ended December 31, 2017 for the company that once tried to merge with Williams Cos. of Tulsa before it ended in messy legal battles.
The payout will be for those unitholders of record at the close of business on Feb. 8, 2018 and will be paid on Feb. 14, 2018.
Energy Transfer plans to release earnings for the fourth quarter of 2017 on Wednesday, Feb. 21, 2018 after the market closes. Company leaders will hold a joint conference call the next morning.