Energy Transfer Achieves Record Growth Amidst Recent Acquisitions

Reported 17 days ago

Energy Transfer has reported significant growth following its acquisitions of WTG Midstream and Crestwood Equity Partners, yielding record-setting volumes in oil and gas transportation. The company generated nearly $4 billion in EBITDA during the third quarter, marking a 12% increase from the previous year, and it continues to expand its operations with multiple growth projects underway. With strong earnings and ample cash flow, Energy Transfer is well-positioned to sustain its growth trajectory and increase its high-yielding distributions.

Source: YAHOO

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