Energy Transfer's Q3 Crude and NGL Transportation Volumes Reach Record Highs
Energy Transfer, a midstream company, reported higher earnings in Q3 compared to the same period last year, with record volumes in natural gas liquids (NGL) and crude transportation. NGL transportation volumes were up 14%, while crude transportation volumes gained 23%. The company's NGL exports also reached a record high. Energy Transfer expects its full-year 2023 adjusted EBITDA to range between $13.5 billion and $13.6 billion.