"Energy Transfer LP's Q4 2023 Net Income and EBITDA Surge"

TL;DR Summary
Energy Transfer LP reported increased net income of $1.33 billion and adjusted EBITDA of $3.60 billion for Q4 2023, reflecting the company's strong performance and strategic growth initiatives. The company's diverse asset portfolio and operational efficiency contributed to record NGL fractionation and transportation volumes, as well as increased interstate natural gas transportation volumes. With a positive outlook for 2024 and strategic moves such as a merger with Crestwood Equity Partners LP and a non-binding agreement with TotalEnergies, Energy Transfer LP is positioned for continued financial and operational strength in the energy sector.
Topics:business#ebitda#energy-transfer-lp#finance#financial-results#net-income#strategic-initiatives
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