Energy Transfer (ET) Registration Filing summary

Company overview and business model

• Operates as a publicly traded limited partnership with a diversified portfolio of energy assets, including natural gas midstream, transportation, storage, and NGL/refined product assets.

• Owns interests in Lake Charles LNG Company and holds stakes in Sunoco LP and USA Compression Partners, LP.

• Principal executive office is in Dallas, Texas.

Financial performance and metrics

• Incorporates by reference the Annual Report on Form 10-K for the year ended December 31, 2023, and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2024.

• Financial statements audited by Grant Thornton LLP.

Use of proceeds and capital allocation

• Will not receive any proceeds from the sale of common units by the selling unitholders; proceeds go directly to the selling unitholders.

• Pays expenses related to registration, excluding underwriting discounts, commissions, and brokerage fees.