Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

Energy Transfer LP

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Intrastate Transportation and Storage Adjusted EBITDA

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Interstate Transportation and Storage Adjusted EBITDA

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Midstream Adjusted EBITDA

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NGL and Refined Products Transportation and Services Adjusted EBITDA

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Crude Oil Transportation and Services Adjusted EBITDA

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Investment in Sunoco LP Adjusted EBITDA

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Investment in USAC Adjusted EBITDA

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Intrastate Transportation and Storage Capital Expenditures

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Interstate Transportation and Storage Capital Expenditures

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NGL and Refined Products Transportation and Services Capital Expenditures

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Crude Oil Transportation and Services Capital Expenditures

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Investment in Sunoco LP Capital Expenditures

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Investment in USAC Capital Expenditures

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Capital Expenditures

Intrastate Transportation and Storage Natural Gas Transported (BBtu/d)

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Intrastate Transportation and Storage Withdrawals from Storage Natural Gas Inventory (BBtu)

Intrastate Transportation and Storage Withdrawals from Storage Natural Gas Inventory (BBtu) % Chg.

Interstate Transportation and Storage Natural Gas Transported (BBtu/d)

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Interstate Transportation and Storage Natural Gas Sold (BBtu/d)

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Midstream Gathered Volumes (BBtu/d)

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Midstream NGLs Produced (MBbls/d)

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Midstream Equity NGLs (MBbls/d)

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NGL Transportation Volumes (MBbls/d)

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Refined Products Transportation Volumes (MBbls/d)

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NGL and Refined Products Terminal Volumes (MBbls/d)

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NGL Fractionation Volumes (MBbls/d)

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Crude Transportation Volumes (MBbls/d)

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Crude Terminals Volumes (MBbls/d)

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Key Performance Indicators

Intrastate Transportation and Storage Revenue

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Interstate Transportation and Storage Revenue

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Midstream Revenue

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NGL and Refined Products Transportation and Services Revenue

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Crude Oil Transportation and Services Revenue

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Crude Oil Transportation and Services Revenue Common Size

Investment in Sunoco LP Revenue

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Investment in USAC Revenue

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All Other Revenue

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Other Revenue

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Revenue	LTM	Dec '24	Dec '23
Intrastate Transportation and Storage Revenue	3,914	3,053	3,962
Interstate Transportation and Storage Revenue	2,414	2,296	2,375
Midstream Revenue	12,943	11,199	10,406
NGL and Refined Products Transportation and Services Revenue	25,059	24,530	21,903
Crude Oil Transportation and Services Revenue	24,219	28,539	26,536
Investment in Sunoco LP Revenue	21,870	22,693	23,068
Investment in USAC Revenue	991	950	846
All Other Revenue	3,461	1,747	1,798
Eliminations from Revenue	-15,114	-12,336	-12,308
Other Revenue	—	—	—
Total Revenue	79,757	82,671	78,586

Adjusted EBITDA	LTM	Dec '24	Dec '23
Intrastate Transportation and Storage Adjusted EBITDA	1,121	1,358	1,111
Interstate Transportation and Storage Adjusted EBITDA	1,906	1,828	2,009
Midstream Adjusted EBITDA	3,149	2,910	2,525
NGL and Refined Products Transportation and Services Adjusted EBITDA	4,173	4,179	3,894
Crude Oil Transportation and Services Adjusted EBITDA	2,980	3,177	2,681
Investment in Sunoco LP Adjusted EBITDA	1,840	1,457	964
Investment in USAC Adjusted EBITDA	614	584	512
All Other Adjusted EBITDA	-97	-10	2
Total Adjusted EBITDA	15,686	15,483	13,698

Capital Expenditures	LTM	Dec '24	Dec '23
Intrastate Transportation and Storage Capital Expenditures	—	118	93
Interstate Transportation and Storage Capital Expenditures	—	332	383
Midstream Capital Expenditures	—	1,323	832
NGL and Refined Products Transportation and Services Capital Expenditures	—	1,424	679
Crude Oil Transportation and Services Capital Expenditures	—	423	266
Investment in Sunoco LP Capital Expenditures	—	344	215
Investment in USAC Capital Expenditures	—	276	300
All Other Capital Expenditures	—	342	100
Other Capital Expenditures	—	-491	226
Total Capital Expenditures	5,609	4,091	3,094

Key Performance Indicators	LTM	Dec '24	Dec '23
Intrastate Transportation and Storage Natural Gas Transported (BBtu/d)	—	13,418	14,814
Intrastate Transportation and Storage Withdrawals from Storage Natural Gas Inventory (BBtu)	—	20,905	14,840
Interstate Transportation and Storage Natural Gas Transported (BBtu/d)	—	16,877	16,481
Interstate Transportation and Storage Natural Gas Sold (BBtu/d)	—	32	28
Midstream Gathered Volumes (BBtu/d)	—	20,272	19,937
Midstream NGLs Produced (MBbls/d)	—	1,019	880
Midstream Equity NGLs (MBbls/d)	—	58	43
NGL Transportation Volumes (MBbls/d)	—	2,206	2,116
Refined Products Transportation Volumes (MBbls/d)	—	579	540
NGL and Refined Products Terminal Volumes (MBbls/d)	—	1,469	1,430
NGL Fractionation Volumes (MBbls/d)	—	1,110	1,023
Crude Transportation Volumes (MBbls/d)	—	6,612	5,282
Crude Terminals Volumes (MBbls/d)	—	3,346	3,377