Energy Transfer reports strong Q3 results and announces 2027 growth capital expenditure plan
ET Energy Transfer LP
$19.43 +1.78%
View chart & analysis → - 1Energy Transfer showed strong third-quarter results with a 31% year-over-year increase in adjusted EBITDA.
- 2EBITDA for the Sunoco subsidiary more than doubled, exceeding $1.05 billion.
- 3Energy Transfer announced a $7 billion growth capital expenditure plan for 2027.
So what's the key point?
Energy Transfer earned a lot of money in the third quarter. Profits from its subsidiary more than doubled, and the company plans to spend $7 billion by 2027.
Source The Motley Fool +1 · View original ↗
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