ET Earnings

htm EX-99.1 Document ENERGY TRANSFER REPORTS FIRST QUARTER 2026 RESULTS AND UPDATES 2026 FINANCIAL GUIDANCE Dallas – May 5, 2026 - Energy Transfer LP (NYSE:ET) (“Energy Transfer” or the “Partnership”) today reported financial results for the quarter ended March 31, 2026.

31 billion for the three months ended March 31, 2025. The Partnership now expects its Adjusted EBITDA guidance for the full year of 2026 to range between $18.2 billion and $18.6 billion, compared to the previous range of between $17.

and losses on commodity risk management activities) primarily due to a $60 million increase related to favorable impacts to our crude inventory from rising crude prices which we anticipate will be fully offset with hedge losses in future periods, a $43 million increase in our Bakken Pipeline system due to a one-time deficiency payment recognition, a $24 millio

ents on hedged physical product, resulted in the recognition of significant gains in the fourth quarter of 2024, as well as reduced gains in the fourth quarter of 2025, which we anticipate will be recognized during the first quarter of 2026; • an increase of $41 million in operating expenses primarily due to a $22 million increase in costs driven by higher vol

decrease in fees from loading volumes for export at our Nederland and Marcus Hook terminals, inclusive of a $14 million impact from a fog related closure in December 2025 which we expect to make up in the first quarter of 2026, partially offset by a $10 million increase from higher throughput and storage at our refined product terminals; and • a decrease of $7

e of Rule 175(b) of the Securities Act) contained or incorporated by reference in the Registration Statement, the Pricing Disclosure Package and the Prospectus has been made or reaffirmed with a reasonable basis and in good faith. 16 (aaa) No Unlawful Payments. None of the Partnership Entities or its affiliates or any of the Subsidiaries, nor to the knowledge

y’s / S&P / Fitch)*: [Intentionally Omitted] Security Type: Senior Unsecured Notes Form: SEC Registered Pricing Date: January 12, 2026 Settlement Date (T+10): January 27, 2026. We expect that delivery of the notes will be made against payment therefor on or about January 27, 2026, which will be the tenth business day following the date hereof.

In the informational sessions, which are scheduled to begin at 8:00 a.m. Eastern Standard Time, Tuesday, January 6th, management anticipates providing its outlook for capital investment and earnings estimates for full-year 2026. Prior to the meetings, interested parties will be able to view the prepared materials by visiting our website

bligation to update or revise any forward-looking statement to reflect new information or events. Also, on January 6, 2026, the Partnership issued a press release to provide its outlook for capital investment and earnings estimates for full-year 2026. A copy of this press release is furnished as Exhibit 99.

: 26509397 SIC : 4922 Natural Gas Transmission (CF Office: 01 Energy & Transportation) EX-99.1 2 d76764dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 ENERGY TRANSFER ANNOUNCES 2026 OUTLOOK Dallas, January 6, 2026 - Energy Transfer LP (NYSE:ET) announced today its outlook for capital investment and earnings estimates for full-year 2026.