Energy Transfer Crushes Q1, Boosts Growth Guidance

Energy Transfers first quarter results soared with record volumes, driving earnings up by 20% in adjusted EBITDA and 17% in distributable cash flow. The companys diverse portfolio, including recent acquisitions like Sunoco and USA Compression, contributed to this growth. Despite maintaining a solid yield of 6.6%, Energy Transfer retained cash for further expansion. The company now projects a full-year EBITDA growth of 14-16.5%, with significant capital expenditure plans, including the Springerville Lateral and Bayou Bridge expansions. Energy Transfer remains a high-yield powerhouse, poised for growth through 2030. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/39fdd1390933fd44