Energy Transfer LP Reports Q1 2026 Financial Results and Updates Guidance

Summary

Energy Transfer LP reported net income of $1.25 billion for Q1 2026, down from $1.32 billion in Q1 2025. Adjusted EBITDA increased by 20% to $4.94 billion, and Distributable Cash Flow rose to $2.70 billion. The company updated its full-year Adjusted EBITDA guidance to a range of $18.2 billion to $18.6 billion, up from $17.45 billion to $17.85 billion. Operational highlights include increased volumes across various segments, and strategic highlights include new project developments and expansions.