Company Quick10K Filing
Energy Transfer
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-02-21
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-02-22
10-Q 2018-05-31 Filed 2018-07-23
10-K 2018-02-28 Filed 2018-06-13
10-Q 2017-11-30 Filed 2018-03-21
10-Q 2017-08-31 Filed 2018-02-06
10-Q 2017-05-31 Filed 2017-07-17
10-K 2017-02-28 Filed 2017-06-14
8-K 2020-05-11 Earnings, Exhibits
8-K 2020-03-17 Regulation FD
8-K 2020-02-19 Earnings, Exhibits
8-K 2020-01-13 Regulation FD
8-K 2020-01-01 Officers
8-K 2019-12-11 Regulation FD
8-K 2019-12-05 M&A, Regulation FD, Exhibits
8-K 2019-11-27 Other Events
8-K 2019-11-19 Regulation FD
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-10-17
8-K 2019-09-25 Regulation FD
8-K 2019-09-15 Regulation FD, Other Events, Exhibits
8-K 2019-09-15 Enter Agreement, Exhibits
8-K 2019-09-03 Regulation FD
8-K 2019-08-13 Regulation FD
8-K 2019-08-07 Earnings, Exhibits
8-K 2019-06-17 Regulation FD
8-K 2019-05-13 Regulation FD
8-K 2019-05-08 Earnings, Exhibits
8-K 2019-04-22 Officers
8-K 2019-03-26 Regulation FD
8-K 2019-03-25 Enter Agreement, Exhibits
8-K 2019-02-20 Earnings, Exhibits
8-K 2019-01-15 Leave Agreement
8-K 2019-01-07 Regulation FD

Energy Transfer Financials

ET Metrics, Comps, Filings

Quarterly | Annual

Business

We were formed in September 2002 and completed our initial public offering in February 2006. We are a Delaware limited partnership with common units publicly traded on the NYSE under the ticker symbol "ET."

Unless the context requires otherwise, references to "we," "us," "our," the "Partnership" and "ET" mean Energy Transfer LP and its consolidated subsidiaries, which include ETO, ETP GP, ETP LLC, Panhandle, Sunoco LP, USAC and Lake Charles LNG. References to the "Parent Company" mean Energy Transfer LP on a stand-alone basis.

The primary activities in which we are engaged, all of which are in the United States, and the operating subsidiaries through which we conduct those activities are as follows:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Enlink Midstream Partners (ENLK) 13% 13.0 -1% 9,417 6,956 883 -116 348 4,512
Buckeye Partners (BPL) 31% 3.9 9% 8,510 4,420 3,707 1,151 768 966 3,749
Delek Logistics Partners (DKL) 19% -0.0 12% 768 910 605 115 95 150 -6
Plains All American Pipeline (PAA) 10% 2.2 11% 28,377 15,266 33,300 3,296 2,989 3,823 8,505
Antero Midstream Partners (AM) 0% 3.7 10% 3,546 1,855 1,029 0 337 445 1,632
NuStar Energy (NS) 0% 89.6 -3% 6,136 3,789 1,746 0 -182 37 3,272
Magellan Midstream Partners (MMP) 79% 4.9 9% 8,392 5,718 2,012 1,582 734 918 4,514
Noble Midstream Partners (NBLX) 57% 3.0 9% 2,623 1,083 612 350 239 312 934
Altus Midstream (ALTM) 40% 12.2 -0% 2,662 428 120 49 -8 21 250
Plains GP Holdings (PAGP) 10% 2.3 10% 29,690 15,267 33,300 3,296 2,833 3,724 8,503
TC Pipelines (TCP) 7.0 8% 2,822 2,096 0 0 216 275 1,913
Western Gas Partners (WES) 56% 6.6 4% 9,236 5,705 1,385 774 344 717 4,750
BP Midstream Partners (BPMP) 0% 2.2 24% 713 484 122 0 174 174 376
Southcross Energy Partners (SXE) 7% -15.7 -18% 632 1 275 18 -114 -37 578
Shell Midstream Partners (SHLX) 0% 4.6 27% 2,019 2,776 519 0 550 550 2,525
Blueknight Energy Partners (BKEP) 0% -51.5 -12% 314 332 403 0 -37 -5 256
Energy Transfer (ET) 27% 5.9 4% 91,856 70,938 40,493 10,886 3,549 7,853 46,639
CNX Midstream Partners (CNXM) 0% 2.6 11% 1,181 743 224 0 126 148 392
USA Compression Partners (USAC) 33% 6.2 1% 3,751 2,040 692 230 28 296 1,843
American Midstream Partners (AMID) 13% 2.9 -0% 1,716 1,278 773 97 -7 157 451

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash8488861431481681262932171723726146211,1775901,0101,2341,1088471,8631,6231,019606807475472483370375469336547519398419529445211
Accounts Receivable5705046125926436706808527108223,0573,6773,3183,5463,6584,4234,4394,7223,3782,8633,1862,7492,4002,4122,9443,0683,5573,4853,3293,5514,5043,5904,3094,4084,0094,3124,3494,368
Inventory2362823663013483293283794444501,5221,6591,6411,6971,8071,4841,5601,7801,4671,4611,8581,5801,6361,4991,9292,1002,2912,0651,8821,9572,0221,8611,8022,0661,6771,7221,8321,814
PP&E12,39612,86413,28413,54315,46115,92316,52923,06823,75224,15830,38831,02631,84832,62333,91737,67939,04843,01745,01847,40049,54152,30154,97956,87358,66361,36963,72165,78865,73268,73071,17772,64676,40977,81979,77680,79082,35184,033
Assets16,36216,85117,37917,51019,86620,44320,89732,82233,11333,59848,90450,14050,14350,04350,33057,76958,61564,68164,46967,00469,14570,16871,18972,76574,56076,83979,01180,99782,60985,38086,24682,90987,41788,18788,24689,77390,81291,856
Accounts Payable4364124223694524685125184565543,1073,5733,3853,5443,8344,2724,3174,6943,3492,8653,0092,4772,2742,3992,9312,9513,5023,3633,3683,9944,6853,7043,9553,9863,4933,9653,6453,519
Long-Term Debt8,9518,8359,3819,60511,15011,68011,37117,50018,07318,14024,15022,95022,76022,31023,97026,29327,19729,85331,68033,42734,81036,34736,96838,33039,51041,24045,05042,98044,45045,21045,62042,19044,63044,77046,25546,53046,51046,850
Liabilities16,19216,68717,25817,42119,89020,39320,84330,39730,81431,40046,79148,10548,66248,64349,25256,48358,03363,97263,80566,29768,64471,07472,12174,45176,24178,54280,70582,14483,79486,57287,44284,08988,52789,29067,68769,11969,97870,938
Stockholders' Equity16916412190-2451532,4252,2992,1982,1132,0351,4811,4001,0781,286582709664707501-906-932-1,686-1,681-1,703-1,694-1,147-1,185-1,192-1,196-1,180-1,110-1,10320,55920,65420,83420,918
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue1,3691,5881,7761,9892,3762,0982,1791,6891,9762,17111,31311,17921,07112,48612,60713,08014,73714,98713,48110,38011,59410,6169,5367,6829,3449,67510,80311,2478,9359,47410211,88214,11814,51413,12113,87713,495
Cost of Revenue1,3649,88311,11811,58111,0939,41510,3029,890
Gross Profit8141,4301,4891,9003,4213,7063,5753,605
R&D
SG&A6562576381836714812312418418021715887148157185121155183155146156187246218197178142123148183184147179173
Tax42210133-2210291408949-43145166568612-137-93000-953521-157-1,736-1068-521263454
Net Income19-57619917069869617535272322338356-1724485004701132847722933143364242092332902128042514896331,3911,1801,2081,161
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating1261593583404052741463454731813307977205728291,0666126685755381,0339229855338721,0278935371,8741,1252,1391,0232,1331,8152,079
Cash Investing-612-432-290-2,454-591-537-1,780-576-880-5830-734601-1,514-7-867-2,906-2,221-768-2,088-2,487-2,934-72-1,833-2,668-3,024203-1,731-3,232-846-1,701-1,436-1,626-1,098-1,844
Cash Financing490271-112,1202062222,245155362602612-56-765355392252,1681,2923,0261,3108501,5991,1589681,7932,0086101,1281,384-350-2,967385-626-607-319-825