8-KRegulation FDOther EventsExhibits & Filings

Energy Transfer LP 8-K Report, Regulation FD Disclosure (Jan 28, 2010)

Filed January 28, 2010For Securities:ETET-PI

Summary

This 8-K filing from Energy Transfer Equity, L.P. (ET) on January 28, 2010, primarily reports on the Board of Directors' approval of an increased cash distribution for common unitholders. This move signals confidence in the company's financial performance and its ability to generate distributable cash flow at the end of 2009. For investors, the key takeaway is the decision to raise the quarterly distribution to $0.54 per unit ($2.16 annualized), with a payment date set for February 19, 2010. This action is a positive indicator for unitholders, suggesting a stable or improving operational outlook and a commitment to returning capital to shareholders.

Key Highlights

  • 1Energy Transfer Equity, L.P. announced an increased cash distribution for its common unitholders.
  • 2The Board of Directors approved a higher quarterly distribution of $0.54 per unit for the quarter ended December 31, 2009.
  • 3This represents an annualized distribution of $2.16 per unit.
  • 4The increased distribution indicates positive cash flow generation and confidence in the company's financial position at the end of 2009.
  • 5The distribution is scheduled to be paid on February 19, 2010.
  • 6Record date for unitholders to receive the distribution is February 8, 2010.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose that Energy Transfer Equity, L.P.'s Board of Directors has approved an increase in the cash distribution paid to its common unitholders for the quarter ending December 31, 2009.

The new quarterly distribution approved is $0.54 per common unit, which annualizes to $2.16 per unit.

The distribution will be paid on February 19, 2010, to unitholders who were of record as of the close of business on February 8, 2010.

An increased distribution typically suggests that the company is generating sufficient distributable cash flow and is confident in its ability to sustain or grow these payouts. It's generally viewed as a positive signal regarding the company's operational and financial health at that time.