After a second quarter of $1.31 billion in net income, Energy Transfer LP prepares to release its third quarter earnings report in early November.
The Dallas-based company, with offices in Oklahoma City and operations throughout the state and the nation, plans a release on Wednesday, Nov. 6 after the market closes.
A conference call will be held the same day at 3:30 p.m. central time.
With more than 13,000 miles of pipeline and associated energy infrastructure, Energy Transfer’s second quarter was strong with adjusted EBITDA of $3.76 billion compared to $3.12 billion a year earlier. It also reported distributable cash flow of $2.04 billion, up from the $1.55 billion in the second quarter of 2023.
The company also saw a 23% gain in crude oil transportation volumes while crude oil exports grew 11%. NGL exports also increased 3%, resulting in a Partnership record.
Energy Transfer’s strategic network spans 44 states with assets in all of the major U.S. production basins.