Energy Transfer LP Files 8-K for Regulation FD Disclosure
Ticker: ET-PI · Form: 8-K · Filed: Jan 10, 2024 · CIK: 1276187
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, disclosure, corporate-governance
TL;DR
**ET just dropped an 8-K for Regulation FD, new info coming!**
AI Summary
Energy Transfer LP filed an 8-K on January 10, 2024, to disclose that it is making certain information available to the public under Regulation FD. This filing indicates that the company is providing transparency regarding its financial and operational status, likely in preparation for upcoming investor communications or earnings. For investors, this matters because it signals that new, potentially material information is being shared, which could influence the stock's valuation depending on the nature of the disclosure.
Why It Matters
This filing indicates Energy Transfer LP is proactively sharing information, which can build investor confidence and ensure fair access to material data.
Risk Assessment
Risk Level: low — This 8-K is a procedural filing for Regulation FD disclosure, which generally carries low direct risk as it's about transparency, not a specific negative event.
Analyst Insight
A smart investor would monitor Energy Transfer LP's subsequent communications or presentations for the specific information disclosed under Regulation FD, as this filing itself is merely a procedural notice of disclosure.
Key Players & Entities
- Energy Transfer LP (company) — the registrant filing the 8-K
- January 10, 2024 (date) — date of the earliest event reported and filing date
- Regulation FD (other) — the disclosure rule being satisfied
FAQ
What is the purpose of Energy Transfer LP's 8-K filing on January 10, 2024?
The purpose of Energy Transfer LP's 8-K filing on January 10, 2024, is to satisfy the requirements of Regulation FD Disclosure, meaning they are making certain information publicly available.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is ENERGY TRANSFER LP.
What is the Commission File Number for Energy Transfer LP?
The Commission File Number for Energy Transfer LP is 1-32740.
Where is Energy Transfer LP's principal executive office located?
Energy Transfer LP's principal executive office is located at 8111 Westchester Drive, Suite 600, Dallas, Texas 75225.
What is the state of incorporation for Energy Transfer LP?
Energy Transfer LP's state of incorporation is Delaware.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 13.2 · Accepted 2024-01-10 08:57:05
Filing Documents
- d697264d8k.htm (8-K) — 33KB
- d697264dex991.htm (EX-99.1) — 13KB
- g697264g0110104852553.jpg (GRAPHIC) — 4KB
- 0001193125-24-005657.txt ( ) — 228KB
- et-20240110.xsd (EX-101.SCH) — 4KB
- et-20240110_def.xml (EX-101.DEF) — 15KB
- et-20240110_lab.xml (EX-101.LAB) — 24KB
- et-20240110_pre.xml (EX-101.PRE) — 16KB
- d697264d8k_htm.xml (XML) — 9KB
01
Item 7.01. Regulation FD Disclosure On January 10, 2024, Energy Transfer LP (the "Partnership") issued a press release announcing that, subject to market and other conditions, the Partnership intends to concurrently offer senior notes due 2034 and senior notes due 2054 (together, the "senior notes") and fixed-to-fixed reset rate junior subordinated notes due 2054 (the "junior subordinated notes") in separate registered public offerings. The Partnership intends to use the net proceeds from the concurrent offerings to refinance existing indebtedness, including borrowings under its revolving credit facility, to redeem all of its outstanding Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the "Series C preferred units"), Series D Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the "Series D preferred units") and, when redeemable on May 15, 2024, Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (together with the Series C preferred units and the Series D preferred units, the "select preferred units"), and for general partnership purposes. A copy of this press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference. Neither this Current Report on Form 8-K nor the press release constitutes an offer to sell, or the solicitation of an offer to buy, the senior notes or the junior subordinate notes, nor does either constitute a notice of redemption with respect to, or an offer to purchase, any indebtedness or the select preferred units. The information furnished pursuant to this Item 7.01 (including the exhibit) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the "Exchange Act"), or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of the Exhibit 99.1 Energy Transfer LP Press Release, dated as of January 10, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENERGY TRANSFER LP By: LE GP, LLC, its general partner Date: January 10, 2024 /s/ Dylan A. Bramhall Dylan A. Bramhall Executive Vice President and Group Chief Financial Officer