Jun. 15 at 10:22 PM
$ET Energy Transfer publishes investor presentation highlighting 2026 EBITDA outlook, growth project backlog
•Energy Transfer outlined 2026 guidance for
adjusted EBITDA of
$18.2 billion-
$18.6 billion
•Targeted long-term annual cash distribution
growth of 3%-5%; current cash distribution yield near 7%.
•Projected 2026 organic growth capital of about
$5.5 billion-
$5.9 billion, centered on gas pipelines processing, NGL fractionation, export logistics.
•Flagged major gas buildout, including the
$2.7 billion Hugh Brinson pipeline, with Phase I expected in service in 04 2026.
•Highlighted fee-based earnings profile near 90% of 2026 adjusted EBITDA, with limited commodity and spread exposure
