8-KRegulation FDOther EventsExhibits & Filings

Energy Transfer LP 8-K Report, Regulation FD Disclosure (Oct 22, 2014)

Filed October 22, 2014For Securities:ETET-PI

Summary

Energy Transfer LP (ET) filed an 8-K on October 21, 2014, to announce a material event related to its cash distribution policy. The primary focus of this filing is the approval by its Board of Directors to increase the quarterly cash distribution for Energy Transfer Equity, L.P. (ETE) common units to $0.415 per unit, equating to an annualized rate of $1.66 per unit. This decision pertains to the quarter ended September 30, 2014. This distribution increase is a positive signal for unitholders, indicating management's confidence in the company's financial performance and its ability to generate sufficient cash flow to support higher payouts. Investors should note the payment and record dates: the distribution is scheduled to be paid on November 19, 2014, to unitholders of record as of the close of business on November 3, 2014. The filing also clarifies that the press release containing this information is furnished and not filed, a standard regulatory disclosure.

Key Highlights

  • 1Energy Transfer Equity (ETE) Board approved a quarterly cash distribution of $0.415 per unit for the quarter ended September 30, 2014.
  • 2The annualized cash distribution rate is $1.66 per ETE common unit.
  • 3This represents an increase in the cash distribution to unitholders.
  • 4The distribution will be paid on November 19, 2014.
  • 5Unitholders of record as of the close of business on November 3, 2014, will receive the distribution.
  • 6The press release announcing this information is furnished under Regulation FD and is not considered 'filed' for SEC purposes.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and disclose the Board of Directors' approval of an increased quarterly cash distribution for Energy Transfer Equity, L.P. (ETE) common units for the period ended September 30, 2014.

The approved quarterly cash distribution is $0.415 per ETE common unit, which annualizes to $1.66 per unit.

The distribution is scheduled to be paid on November 19, 2014, to all common unitholders of record as of the close of business on November 3, 2014.

No, the filing specifically states that the press release containing the distribution information is 'furnished' under Regulation FD, not 'filed' under Section 18 of the Exchange Act. This means it does not carry the same legal implications as a 'filed' document regarding liability for misstatements or omissions.